colado, nevada

The nearly 13,000 acre Colado project is located 7 miles northeast of Lovelock, Nevada.  This prospect is situated northeast of the Brady Hot Springs and Desert Peak geothermal power projects which have reported geothermal temperatures in the 400ºF range.  Both Brady Hot Springs and Desert Peak plants are currently producing electricity under long term contracts.  Vulcan Power seeks similar temperature ranges with the nearby Colado project for additional energy production.

An estimated $3.4 million of prior exploration work was completed in the area.  Dr. Jim Combs estimates Vulcan Colado leases can produce 97 MW to 203 MW. Existing 110 kV and 345 kV transmission lines cross the Vulcan leases, providing future access to substations and utilities.

The Colado Geothermal Prospect is one of several high-temperature geothermal systems located along a northeast southwest structural zone running through western Nevada.  The area is a concealed resource—i.e. there are no known surface indications such as hot springs or steam vents.  The geothermal system was discovered from drilling water wells and mine shafts in the area. 

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