|Alternative Earth Resources Inc. has approximately 6.3 square miles of geothermal leasehold located in one of the world's premier geothermal areas. The New Truckhaven resource is located in the Imperial Valley, south and west of Salton City and about 4.5 miles (7km) west of the Salton Sea.|
A comprehensive independent review of all resource information was conducted by Mannvit HF in 2012. The resource assessment included a review of all available geologic, geochemical and geophysical data that has been generated through exploration conducted by previous developers (Phillips Petroleum Company and Iceland America Energy, LLC) including the drilling and testing results from the Phillips Trk-1 well (8089 feet) and the IAE-1 well (6890 feet). The report concludes that the Indicated Geothermal Resource is 60MW over 20 years (Canadian Geothermal Reporting Code).
Alternative Earth plans an initial 15MW project followed by additional 15MW developments in increments. The company anticipates that drilling for the initial plant will prove that there is a significantly larger resource that will allow for the additional 30MW power development.
Alternative Earth has conducted initial development activities including drilling a ground water assessment well and completing other scoping studies in 2012. The New Truckhaven area is well situated for project access, transmission, and is centrally located for the attractive California and Arizona power markets.