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March 29, 2010 | admin | Comments 0

Report says G4G’s Argentine resources could hold up to 85 MW

In British Columbia, an independent report by GeothermEx, Inc. estimates that the Despoblados prospect in San Juan, Argentina belonging to G4G Resources Ltd. could range between 8 to 17 MW for 20 years of production. It also says that a resource may be present if further exploration shows its area and/or thickness to be greater than assumed. The technical report also states the Valle de Cura geothermal concessions collectively have a possible total resource capacity of 35 to 85 MW, and maybe several tens of MW or more. G4G has an exploration contract in the Valle de Cura area with an option to purchase with Group Minero Aconcagua S.A. and Andean Geothermal Power Corp. The resource estimate for Despoblados was prepared in accordance with The Canadian Geothermal Code for Public Reporting, 2010 Edition.

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