News

Hot Rock Ltd granted new field in Southern Peru and seeking partners

Map of the Huisco project site, Southern Peru (source: Hot Rock Limited)
Alexander Richter 19 Mar 2013

Australian Hot Rock Limited has been granted an additional geothermal exploration authorisation in Southern Peru in the Huisco area and now holds a total of six authorisations in the country. The company is seeking partners for this and other projects.

In a release yesterday, Australian developer Hot Rock Limited (HRL) announces,  “that it has been granted a further geothermal exploration authorisation in Southern Peru in the Huisco area. This brings HRL’s granted authorisations in Peru to a total of six.

The Huisco prospect is located at the northern end of the active volcanic belt in Southern Peru. From reconnaissance level field studies carried out to date, the evidence is that the Huisco prospect is a medium to high temperature, fracture controlled, hot water geothermal system.

Now that the authorisation has been granted, HRL will commence community information programs and discussions with local land owners to obtain land access. An application has already been submitted to the Peru DGAAE for environmental clearance to allow HRL to commence detailed geoscientific surveys. Once these requirements have been satisfied HRL will commence geoscientific surveys at Huisco in the upcoming field season which will run from early May through to end November 2013.

The granting of the Huisco tenement is a further significant step forward for HRL in developing its portfolio of high quality geothermal tenements in Peru, with a further three high quality volcanic systems still in application, awaiting grant.

HRL is currently seeking partner(s) to help explore and develop Huisco and our other granted projects.”

Source: Hot Rock Limited news (pdf)