Greenpower Energy to commence drilling

THE DRILL SERGEANT: Greenpower Energy (ASX: GPP) has commenced geothermal drilling at the company’s Mt Ridley project in Western Australia.

The first hole, Mt Ridley 1, has a planned total depth of 400 metres and is being drilled to test a radiogenic granite for hot dry rock (HDR) geothermal energy generation.

”This is the first HDR exploration in Western Australia and the first deep drilling to take place in this part of the Albany-Fraser province,” Greenpower Energy chief executive officer John Watts said in the company’s announcement to the Australian Securities Exchange.
 
The company said it has two drill holes planned to be drilled on its geothermal exploration tenements in the Esperance Region of Western Australia.

These tenements extend from the coast at Esperance northward to Salmon Gums.

The Greenpower said preliminary qualitative analysis of the tenements suggests at least one granite body with strong thermal potential.

The company has interpreted available imagery, which it said indicates a granite body in the Mt Ridley area with a north east to south west strike and a north westerly dip.

In June 2012 Greenpower received a government co-funded drilling grant of $120,000 for the two planned holes at the Mt Ridley geothermal project.