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KUTh Energy activities update PDF Print E-mail
Friday, 27 April 2007
Australia’s southernmost geothermal aspirant, Hobart based KUTh Energy, released an update of its activities in Tasmania. 

Kuth has a single 12,000+ km² tenement in eastern Tasmania (now THAT’s a tenement!), granted in 2006. The tenement includes thermally anomalous granites, interpreted to extend from the surface to greater than 5 km depth; a cover sequence thicker than 5 km in places, including economic coal measures; boreholes with heat flows up to 159 mW/m² (that’s higher than both Habanero and Paralana!) and high thermal gradients; the Tamar (electrical) Conductivity Zone, a large, deep anomaly which may be a brine filled shear zone— perhaps a natural hydrothermal geothermal system! 

As well as all that, KUTh has applied for tenements in other states; has raised $0.5m in seed capital, leading to an IPO later this year; is currently assembling a Board; is currently seeking existing drill holes >300 m deep for new heat flow measurements; and is planning an MT survey later in the year.
 
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