Survey Complete at Nevada's Pumpernickel Geothermal Project

Located in Pumpernickel Valley, 30 km (19 mi) southeast of the town of Winnemucca, Humboldt County, north-central Nevada, the project is in an area of moderate desert terrain and climate, with good access and reasonably well-developed infrastructure nearby. The property is centered on a cluster of well-known hot springs adjacent to the Pumpernickel Valley fault.

The final report is pending, however a preliminary assessment of the data shows that the survey successfully defined the contact between the valley fill and the basement rocks, and it established the positions of valley faults and their relationship to the geothermal system.

The data showed a good correlation with the 2005 resistivity data. The combined data will aid significantly in defining the boundaries of the geothermal reservoir and the subsequent design of the first production test wells, planned for 2006.

Pumpernickel was identified as one of the top four undeveloped geothermal prospects in Nevada in 2003 by the Great Basin Center for Geothermal Energy, University of Reno.