Ft Lauderdale, Florida 1/21/2010 12:50:00 PM
News / Business

Sierra Geothermal Power Corp. Begins Deep Drilling at Silver Peak Project

Sierra Geothermal Power Corp. (TSX-V: SRA) has released its update on the exploration drilling program on its wholly owned Silver Peak project.

 

SGP started drilling a core slim well on its Silver Peak project. Well 38-11 is being drilled to a maximum depth of 2,133 meters and targets multiple zones of high geologic interest. This well will be the first deep well test at Silver Peak.

 

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About Silver Peak

The Silver Peak geothermal power project is part of SGP's Paymaster district and located in Esmeralda County, Nevada, 240 kilometres (150 miles) northwest of Las Vegas, and covers 7,873 acres. GeothermEx's independent analysis estimates a resource capacity of 15-40 MW of power.

 

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