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<DIV>I found this online, regarding Puchuldiza, Chile. Note the last
paragraph. Which perhaps can be translated as "Oh, well."</DIV>
<DIV> </DIV>
<DIV>Scott Bryan</DIV>
<DIV>---------------</DIV>
<DIV><SPAN id=ctl00_ContentPlaceHolder1_spnProject
class=TitleBrown><STRONG><SPAN
id=ctl00_ContentPlaceHolder1_lblProjectTitle>Chilean Greenfield
Project</SPAN></STRONG><BR><SPAN
id=ctl00_ContentPlaceHolder1_lblProjectSubTitle></SPAN><BR></SPAN>
<P><SPAN style="COLOR: rgb(153,51,0)"><U>LOCATION</U></SPAN></P>
<P>The Puchuldiza geothermal concession is located in Region I (Tarapaca) of
northern Chile. The geothermal prospect is located in a broad valley at 4300 m
elevation in the Chilean Altiplano, to the south of the Volcán Isluga National
Park. The naturally-occurring hot springs and geyser field at Puchuldiza are a
popular tourist attraction. However, the main “geothermal” feature is actually
man-made: an old mining exploration well drilled in the late 1980s produces
flowing hot water which cools upon hitting the air and forms snow and ice.</P>
<P><SPAN style="COLOR: rgb(153,51,0)"><U>GEOTHERMAL EXPLORATION </U></SPAN></P>
<P>Puchuldiza is one of the best and most well-documented geothermal prospects
in South America. Puchuldiza has been the subject of two major geothermal
exploration efforts: one in the early 1970s by CORFO, with New Zealander and
Japanese technical assistance, and a second in 2007-2008 by SERNAGEOMIN. These
studies produced an extensive set of geologic, geochemical, and geophysical
data, eight temperature gradient wells, and six intermediate depth slim
holes.</P>
<P>A small 20 kW pilot power plant operated at the field in 1978, producing from
a shallow, low temperature hydrothermal aquifer. The known shallow hydrothermal
system has measured reservoir temperatures of about 160ºC, with geothermometry
temperature estimates of 240 to 275ºC for deeper parts of the system. This
probable deep reservoir has yet to be proven, but is likely to have the
potential to produce more than 75 MW of power, making Puchuldiza one of the
largest geothermal resources in Chile.</P>
<P>In November 2008, GGE Chile (and its predecessor Geotermia del Pacífico)
launched an extensive surface reconnaissance campaign which included mapping
geologic features, collecting water and gas samples for geochemical analysis,
and conducting AMT geophysical surveys.</P>
<P>In September 2009, GGE Chile was awarded two geothermal concessions at
Puchuldiza, totaling 15,000 acres. GGE Chile continued the surface
reconnaissance campaign at the Puchuldiza concession in early 2010, conducting
isotope geochemistry, structural geology analysis and detailed geophysical
surveys. </P>
<P>As a result of the GGE and MRP transaction in February 2013, Puchuldiza is
now owned by MRP.</P></DIV></FONT></BODY></HTML>