Final Technical Report; Geothermal Resource Evaluation and Definitioni (GRED) Program-Phases I, II, and III for the Animas Valley, NM Geothermal Resource

Abstract

This report contains a detailed summary of a methodical and comprehensive assessment of the potential of the Animas Valley, New Mexico geothermal resource leasehold owned by Lightning Dock Geothermal, Inc. Results from the final seismic traverses completed to tie together lithology from gradient and deep exploratory holes, and to develop an integrated resource model are summarized as follows:A seismic traverse oriented in a NW-SE alignment portrays a chaotic subsurface regime that contains numerous dipping structures, and likely folded and compressed structures. Two principle faults appear to bound and create a graben, with the graben strata folded and compressed. An E-W traverse depicts a structural setting in which the mapped surface expression (eroded fault scarp) of the old Animas Valley Fault (a Recent, basin-bounding fault along the eastern margin of the valley) cannot be directly tied to the subsurface structures creating the intense shallow geothermal anomaly.Overall resource assessment is that the potential commercial reservoir contains minimum of 15 MW net to the grid. This compares favorably with the earlier assessment, completed before the drilling and final seismic traverses, that the resource comprised 5 to 15 MW reservoir capacity.