ASX Announcement
13 August 2008
Further positive heat flow results for KUTh Energy
KUTh Energy Limited is pleased to announce that it has received further equilibrated heat flow
results from its Tasmanian geothermal tenement and that they continue to affirm a strong heat
flow anomaly in eastern Tasmania. The lower values to the south and west appear to be
defining the edge of a very large heat flow anomaly distributed across the 14,000km2 of
tenements under exploration. The new values are listed below and plotted together with
previous values in Figure 1.
Hole ID Location (GDA94) Surface heat flow#
Surface value is 70 mW/m2; base of hole value is 97 mW/m2 All drill holes are vertical # Values have an average error margin of +/- 3.9 mW/m2 or less, considered a low error margin
The Kingston and Fingal holes continue the high regional near-surface heat flow values
established previously. The Fingal hole intersected Jurassic dolerite, with thermal conductivity
of 2.07 W/mK before entering Permo-Triassic sediments, including coal bands, with thermal
conductivities of between 0.68 2.54 W/mK. The hole displays evidence of heat removal in its
upper part, possibly by ground waters and the base-of-hole value of 97 mW/m2 is considered
more representative of the area. Down hole temperature profiles, thermal conductivities of core
samples and computation and modelling of the heat flows has been done by KUTh's thermal
contractor Hot Dry Rocks Pty Ltd.
The Woodsdale and Tiberias holes have lower estimated heat flows than those reported to the
north, consistent with KUTh's model of hot granite distribution. The Tiberias hole, well to the
west of where the granites are interpreted to be shallow enough to be of interest had a poor
model fit and showed evidence of water circulation behind the hole casing. These results
continue to affirm the presence of a significant heat flow anomaly in eastern Tasmania
comparable to that published from the Cooper Basin.
KUTh Energy Limited
35 Smith Street, North Hobart TAS 7000 - PO Box 2001, North Hobart TAS 7002
Ph: 03 6231 9800 Fx: 03 6234 3472 E:
[email protected] Figure 1
ENDS
For more information contact:
Dr John Bishop
Chairman
Alex
Harris
KUTH Energy Limited Masterstroke Group
M: 0418 373 429 M: 0412 635 274
www.kuthenergy.com
KUTh Energy Limited
35 Smith Street, North Hobart TAS 7000 - PO Box 2001, North Hobart TAS 7002
Ph: 03 6231 9800 Fx: 03 6234 3472 E:
[email protected]