08 April 2009
KERNOW APPLIES FOR GEOTHERMAL LICENCE
 
Mr. Alan Matthews, President of Kernow Resources & Developments Ltd., is pleased to announce that Kernow has applied to the Portuguese Ministry of Economy and Innovation for the rights to explore for Geothermal Resources located in the area of Chaves in Northern Portugal.

The application will be reviewed by the Ministry and the Direcção-Geral de Energia e Geologia (DGEG) and, if successful, Kernow will be granted the right to explore for Geothermal Resources over na area of 200 square kilometres. The location was selected by Kernow as it is known to host several hot springs and contains a deep seated regional fault running from the south west to the north east of the property. The fault known as the Regua Varim fault separates two granitic intrusions of Hercynian age to the east and west.

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