Thor Energy – Outstanding Geochemical Results Demonstrate Prolific Hydrogen and Helium systems at HY-Range Project, South Australia
Thor Energy (AIM, ASX: THR, OTCQB: THORF) is pleased to announce positive results of its recent soil geochemistry study at its HY-Range project (RSEL 802) in South Australia.
HIGHLIGHTS
- Positive results with significantly elevated hydrogen and helium
- Several natural hydrogen values more than 1,000ppm, with highest reading of 3,000ppm (approximately 6,000 times background values)
- Helium detected up to 27ppm (greater than five times background values)
- Four high-grade focus areas identified for future exploration focus
- This significantly advances prospect definition, ranking and site selection for exploration drilling
Managing Director Andrew Hume, said:
The results from our geochemical survey at HY-Range (RSEL 802) are very promising and effectively derisk the presence of active and potentially prolific natural hydrogen and helium systems in our licence.
This is a major achievement and establishes the HY-Range project as a highly prospective licence for natural hydrogen and helium exploration. The data is also proving critical to high-grade the acreage and to define the highest potential areas for natural hydrogen and helium. These findings allow us to focus our resources effectively as we undertake necessary work to define and high-grade drilling targets for exploration drilling. This is a very exciting development for Thor Energy and our promising natural hydrogen and helium project.-
READ the latest news shaping the hydrogen market at Hydrogen Central
Thor Energy – Outstanding Geochemical Results Demonstrate Prolific Hydrogen and Helium systems at HY-Range Project, South Australia, source
