| Risk and valuation analysis of the REESE RIVER Project |
| Status Risk : Early discovery |
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| Location of the REESE RIVER Project |
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Reese River is a blind thermal temperature anomaly that Richards and Blackwell have rated as one of the top 10 undeveloped geothermal prospects in Nevada. This prospect is located approximately 27 miles north of Austin, Nevada, and approximately 200 miles west of Reno, Nevada.
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| History of the REESE RIVER Project |
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Phillips Petroleum and Amax Exploration drilled a total of 52 holes during the 70’s and 80’s. Contoured data of the temperature gradient wells show that the 150°C/km heat flow anomaly is approximately 4.8 km (3 miles) long in the northeast direction by approx. 1.6 km (1 mile) wide. The center of the anomaly reaches a temperature gradient over 500°C/km
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