| GHT ASX announcement |
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| Wednesday, 26 September 2007 | |
| GHT reported “that temperature logging of three recently completed Frome Project drillholes has recorded relatively high bottom of hole temperatures. Drillhole Frome 3 had the highest bottom of hole temperature of 45 deg C at 440 metres.” GHT’s “next step will be to drill and log some further shallow holes to pin-point the area of highest heat flow.” |
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| There has been an update from Geothermal Resources Ltd on drilling progress at its Frome play. Frome 12 was at 550 m and drilling ahead to a planned depth of 1800 m, expected to be completed in about five weeks. The temperature conditions in Frome 12 will inform GHT whether to proceed to a full-scale production hole into predicted ‘Hot Rock’ granite at 3–4 km. |