Highlights
▪ The drilling program comprises three water bores for hydrogeological baseline assessment, and subsequent push-pull and tracer testing as part of the first phase of In-Situ Recovery (“ISR”) Site Environmental Lixiviant Trials.
▪ This program is the first step in assessing whether the Alford West orebodies are amenable for sustainable recovery of copper using ISR. This is a low impact, small footprint form of metal recovery that significantly reduces the surface impacts and allows rehabilitation of the land back to its original farming state.
▪ The work at Alford West, follows on from Thor’s successful drilling and copper recovery hydrometallurgical work at its adjacent Alford East Copper ISR Project (ASX/AIM: 11 December 2023).
▪ If these ISR trials are successful, they will significantly increase the potential to extract economic copper via ISR along the Alford Copper Belt. This area of known copper oxide resources extends over 50kms along the contact between the Tickera Granite and the Wallaroo Metasediments.
▪ The Alford West Copper ISR Project includes the Bruce, Larwood and Wombat deposits, with an Inferred Mineral Resource Estimate of 66.1Mt @ 0.17% Cu containing 114,000t of contained copper (ASX/AIM: 15 August 2019).
This work on the Alford West Project further strengthens both EnviroCopper’s strategy to develop ISR copper projects for the state of South Australia and its relationship with key partners including Alligator Energy.
Water Bore drilling has now commenced at ECL’s Alford West Copper Project. The first step will assess whether the Alford West orebodies (Bruce Larwood and Wombat deposits) are likely to be amenable to sustainable recovery of copper using ISR. If the trials are successful, it will highlight the significant copper potential of the Alford Copper Belt (comprising Alford East and Alford West ISR Copper Projects), and its potential to be a future “green” copper- producing opportunity for South Australia.
We look forward to updating the markets as the field activities progress.
ABOUT THE
ALFORD COPPER PROJECTS
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NEWS
Drilling Commences at Alford West Copper ISR Project
The drilling program comprises three water bores for hydrogeological baseline assessment, and subsequent push-pull and tracer testing as part of the first phase of In-Situ Recovery (“ISR”) Site Environmental Lixiviant Trials.
Equity Placing to Accelerate Uranium and Copper Exploration
With the addition of these funds the Company is now in a position to plan for the next phases of exploration at its’ USA and South Australian projects.
Paydirt Article (May 2024)
Thor Energy Plc is pleased to have been featured in the latest issue of Paydirt Magazine.
New 3D Model Highlights Structural Controls on Copper Mineralisation at Alford
The 3D ANT Modelling has provided significant lithological and structural insights. Combining this information with Thor’s dataset has led to an exciting new 3D Model of the Alford East Copper-REE Project, South Australia.
Alligator Energy Invests into South Australian In-Situ Recovery Copper
Thor Energy Plc is pleased to announce a strategic investment by Alligator Energy Limited into EnviroCopper Ltd (“ECL”) to further develop In- Situ Recovery (“ISR”) copper projects. Thor currently holds a 30% equity interest in ECL.
Copper Recoveries Advance In-Situ Recovery Assessment at Alford East Copper-REE Project
Thor Energy Plc is pleased to announce positive metallurgical copper recovery results, advancing Thor’s In-Situ recovery assessment of the Alford East Copper-REE Project, South Australia.