KUTh Energy completes surface heat flow estimation at its Tasmania tenements
Australian KUTh Energy Ltd. announces "the completion of a two-year, systematic, surface heat flow estimation program across two of its three Tasmanian tenements and will be continuing to develop the Tasmanian project on the basis of these positive results.
In a release of Australian KUTh Energy Ltd., the company announces “the completion of a two-year, systematic, surface heat flow estimation program across two of its three Tasmanian tenements, SEL 26/2005 and SEL 45/2007.
Reliable estimates of surface heat flow, which provide an indication of the heat energy that is emitted from the Earth, are now available from 35 localities on a 20 x 20km grid across the tenement area. These data provide a detailed picture of the thermal field in Eastern Tasmania.
Surface heat flow data clearly indicate the existence of a significant thermal anomaly in central Eastern Tasmania. The size, distribution and location of this anomaly are consistent with the current geological model of buried high-heat-producing granite batholiths at depth in this location.
Integration of the newly completed surface heat flow field with available geological and geophysical data has enabled the development of 3D geothermal models. These models will form the basis for future stored heat geothermal resource estimations in this area.
The completion of this comprehensive two-year heat flow program is a major milestone in the development of KUTh Energy’s Tasmanian geothermal project. KUTh Energy has pursued this detailed and systematic approach to geothermal tenement exploration to provide high quality inputs for geothermal resource estimation, and to enable more accurate location targeting for initial production drilling.
KUTh Energy is continuing to develop the Tasmanian project on the basis of these positive results, making further progress toward commercial electricity generation.”
Source: Company announcement via The Age