01 |
HFR Geothermal
Exploration Company
Torrens is a Hot Fractured Rock (HFR) geothermal exploration company, focused on the exploration and development of geothermal resources for power generation. |
02 |
Large Tenement Holding
in Prospective Areas
The Company has been granted 15 Geothermal Exploration Licences (GELs) covering over 7,100km2 of the prospective South Australian Heat Flow Anomaly (SAHFA). In addition, the Company has
been awarded 2 geothermal permits (GEPs) in Victoria. |
03 |
Close to Infrastructure and Markets
The National Power Grid runs through, or is
adjacent to, all of Torrens Project areas, and major
roads, towns and the city of Adelaide are located
nearby. Torrens’ tenements are near markets where
substantial power is and will be required. |
04 |
Independent Heat
Flow Modelling Performed
The potential for high temperatures on the
Company’s GELs has been independently verified
by temperature modelling to a depth of 5,000 metres
at eight locations. |
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05 |
Clean Renewable Energy
HFR geothermal energy is a clean (zero greenhouse
gas), renewable resource for heat and power
generation that is able to provide baseload capacity
and is economically competitive |
06 |
Government Incentives
to Combat Global
Warming
Global warmingand greenhouse gas emissions are
attracting greater awareness and worldwide concern.
The Commonwealth Government is committed to
limiting greenhouse gas emissions from traditional
forms of power generation. It is offering significant
grant funding for clean energy technology to
encourage sustainable development. |
07 |
Experienced Management Team
The Company has secured the services of a
management team that is both experienced and
competent in the highly specialised field of HFR
geothermal energy. |
08 |
Program to Identify
Deep Drilling Targets
Torrens will use the capital raised from the Offer on
exploration for high temperature resources, which
will include 3D modelling, seismic work and a
comprehensive drilling program to identify suitable
targets for deep drilling. |
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