Webinar – Overview of Koroit Geothermal Project, Australia; 19 March 2026
AGA webinar - Advancing the Koroit Hot Sedimentary Aquifer Geothermal Project with New-Gen Technologies (inset photo: National Rock Garden / Doug Finlayson)
Carlo Cariaga
16 Mar 2026
Registration is open for a webinar hosted by the AGA on the Koroit Geothermal Project, a sedimentary aquifer-hosted resource in Otway Basin, Victoria.
Registration is currently open for a webinar to be hosted by the Australian Geothermal Association on “Advancing the Koroit Hot Sedimentary Aquifer Geothermal Project with New-Gen Technologies.” Attendance to this webinar is free for all.
The details of the event are as follows:
- Date: 19 March 2026, 1:00 to 2:00 PM AEST
- Speaker: Dr Mark Elliott, Managing Director, Victorian Geothermal Exploration Company
- Registration: Register via this link
In this webinar, Dr. Mark Elliott will present an in-depth overview of the Koroit Geothermal Project, an advanced hot-sedimentary-aquifer resource located in the Otway Basin, Victoria. He will discuss how innovative technologies adapted from the petroleum industry are revolutionising geothermal development in Australia by reducing costs and enhancing viability. The presentation will cover the project’s geological characteristics, resource potential, and the strategic use of existing fault systems that potentially eliminate the need for fracking.
About the speaker
Dr Mark Elliot is an economic geologist with over 45 years’ experience in exploration, project development and mining. Twenty-seven years in corporate management roles as chair or managing director of 7 ASX-listed mineral and energy companies covering project acquisitions, ASX-listings, team building, capital raisings, marketing, commercial agreements, feasibility studies and executing exploration and mine development programs. Achievements include securing and developing Burdekin Resources NL, McKinnon’s gold mine in NSW, securing Zirtanium Ltd, Donald and Jackson rare-earths and mineral sands deposits in Victoria and merging with Astron. Hot Rock Ltd exploring the Victorian Otway Basin for geothermal energy, leading to the discovery of the Koroit hot sedimentary aquifer geothermal project, and securing three volcanic geothermal projects in Peru.
He is currently a director of Astron Limited, which is developing the shovel-ready Donald REE and MS project. Mark was the founding managing director of Hot Rock and has worked in geothermal energy since 2006. Mark is a co-founder and managing director of Victorian Geothermal Energy Company and acquired the Koroit Project from HRL Holdings Limited in 2017.
Source: Email correspondence
