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Key Environmental Approvals Granted
Key Environmental Approvals Granted.
About this update from Thor Energy Plc
[{"type":"text","content":"\n\n13 September 2023\nThor Energy Plc\n \n(\"Thor\" or the \"Company\")\n \nKey Environmental Approvals Granted\nKapunda Copper ISR Project, South Australia\n \nThe directors of Thor Energy Plc (\"Thor\" or the \"Company\") (AIM, ASX: THR, OTCQB: THORF) are pleased to announce that the Government of South Australia has approved the first stage of in-groundwork on the Kapunda copper In-Situ Recovery (\"ISR\") project, South Australia (Figure 1). This approval was submitted by EnviroCopper Limited (\"ECL\"), in which Thor owns 30% of the issued share capital of ECL.\n \nHighlights:\n§ This phase of work - Site Environmental Lixiviant Test (\"SELT\") will be a Push/Pull trial, involving mixing a biodegradable solution called a \"Lixiviant\" with groundwater for placement within the copper orebody.\n§ The lixiviant will reside in-situ for a period while being sampled and monitored, it will then be extracted, and the site rehabilitated.\n§ The Push/Pull trial will commence in late September 2023.\n§ The SELT will provide key information on the ISR assessment including copper dissolution, copper recovery, hydrogeological parameters, and rehabilitation data to identify the next major stage of fieldwork to be conducted, which will be a circulation trial scheduled for the early stages of 2024.\n§ This is a key environmental approval from the Government of South Australia.\n§ This project is a joint venture between ECL and Terramin Australia Limited, Thor's interest is via its 30% equity in ECL.\n \nNicole Galloway Warland, Managing Director of Thor Energy, commented:\n\"Thor is pleased that the Government of South Australia awarded a key environmental approval to advance the Kapunda Copper ISR Project.\nThis in-situ lixiviant \"SELT\" test is a critical step in the assessment of the ISR process, determining the copper solubility hence recovery, as well as hydrogeological parameters from the Kapunda copper mineralisation.\nWe believe that the work by ECL will complement our longer-term focus on the green energy transition. The recent addition of copper to the critical minerals list by the Government of South Australia reiterates the importance of copper in driving the global transition towards cleaner and more sustainable energy.\nThe Government of South Australia implemented a copper strategy in 2016 with the ai...