Thor Energy plc (AIM/ASX: THR), the dual-listed natural hydrogen and helium exploration company, is pleased to announce the successful completion of its comprehensive soil air geochemical survey across its HY-Range project (RSEL 802) in South Australia. This survey, which commenced in early May marks a significant step in evaluating the natural hydrogen and helium potential of the licence area.
HIGHLIGHTS
- Successful completion of the planned geochemical survey at the HY-Range Project (RSEL 802), South Australia.
- A total of 103 sample sites were investigated, including several additional step-out sample sites, based on field observations.
- Survey completed efficiently, safely, on time, and within budget.
- Dual objectives achieved: Comprehensive licence-wide soil air sampling for natural hydrogen and helium, and successful deployment and establishment of novel operational procedures for mobile hydrogen and helium gas chromatography.
- Analysis and interpretation of samples from the investigated sites are underway, with initial findings anticipated in June 2025.
- Results will be crucial for proving active gas generation and migration, high-grading areas of interest, and underpinning future work programs.
We are delighted to announce the successful and efficient completion of our geochemical survey at HY-Range, which was not only executed flawlessly to fulfil pre-drill acquisition objectives but also saw an expansion in sample locations beyond our initial target list. The ability to gather real-time high-resolution data, test and adjust acquisition methodology and step out with follow-up locations justifies the utilisation of a mobile gas chromatograph.
The innovative approach of SGS Australia Pty Ltd and CSI Australia, combined with the Company being available for commentary on the survey, was key to maximising this success. The effective deployment and validation of the mobile gas chromatograph in the field is an exciting development that will deliver future benefits to Thor across our natural hydrogen and helium portfolio.
We eagerly await the initial results in June, which we believe will be pivotal in unlocking the potential of HY-Range. This will help us to identify high-priority targets and confidently advance our exploration strategy in our very promising natural hydrogen and helium project.
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