The discovery was made after Torrens re-entered a minerals exploration hole and took temperature and conductivity measurements, which confirmed a heat flow of 90MW per square metre – indicating temperatures would reach over 200C at 5000m depth.
Chief executive Chris Matthews said this was well within the viable temperatures required for power generation from hot rocks.
“This is a fantastic result in the initial stage of Torrens Energy’s hot rock exploration program,” he said.
“It has now been confirmed that high heat flow exists in the Torrens Hinge Zone, north of Port Augusta, within 15km of the national power grid.”
Matthews added that the result validated Torrens’ exploration model in South Australia.
