Thor Energy PLC Successfully Completes HY-Range Geochemical Survey in South Australia
Key Ideas
- Thor Energy PLC has successfully completed a comprehensive soil air geochemical survey in its HY-Range project in South Australia.
- The survey included 103 sample sites and introduced novel operational procedures for mobile hydrogen and helium gas chromatography.
- Initial findings from the survey are expected in June 2025 and will play a crucial role in identifying areas of interest for natural hydrogen and helium.
- The Company's innovative approach and efficient operations are praised, with an emphasis on the future benefits of the survey results for Thor Energy's exploration strategy.
Thor Energy PLC, a dual-listed natural hydrogen and helium exploration company, has successfully concluded a geochemical survey in its HY-Range project in South Australia. The survey, which began in May, involved 103 sample sites and aimed to evaluate the natural hydrogen and helium potential of the area. The operations were completed efficiently, safely, on time, and within budget. The survey had dual objectives: conducting comprehensive soil air sampling for natural hydrogen and helium and deploying novel operational procedures for mobile hydrogen and helium gas chromatography. The initial findings from the survey are expected in June 2025 and will be crucial in proving gas generation, identifying areas of interest, and shaping future work programs. The Managing Director of Thor Energy, Andrew Hume, expressed satisfaction with the expanded scope of the survey and highlighted the benefits of real-time high-resolution data collection. The Company credits its contractors, SGS Australia Pty Ltd and CSI Australia, for their professionalism and innovation during the survey. The innovative approach of incorporating mobile gas chromatography on-site allows for accurate measurements and immediate follow-up capabilities. Thor Energy looks forward to updating the market on the survey results and future developments. The Board of Thor Energy has approved the announcement, emphasizing the importance of the successful survey and the potential it holds for the Company's natural hydrogen and helium portfolio.
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