Project Description                                         (page last updated November 15, 2010)

The Clayton Valley property is situated adjacent to the California border in Esmeralda County, Nevada, approximately half-way between Reno and Las Vegas.  Ram Power controls five individual Bureau of Land Management lease blocks, totaling over 44,000 acres of federal lands.  It is estimated that Clayton Valley has sufficient geothermal resources to produce up to 160 MW of geothermal electricity.  In February, 2010, Ram Power signed a 20 year PPA with the utility company NV Energy for supply of power from the Clayton Valley Project.

Through earlier exploration, 31 gradient holes have been drilled in the area with a high probability of a 300ºF resource shallower than 2500'.  Geophysical surveys are planned for fall and winter of 2010-2011 and exploration drilling is planned for 2011-2012.

Project Highlights
 

• Potential for an up to 160 MW geothermal complex
  • Pearl Hot Springs, 40 MW
  • Alkali Hot Springs, 40 MW
  • Weepha, 40 MW
  • Montezuma, 40 MW
• 20 year PPA signed with NV Energy
• Land position of almost 44,000 acres
• Project is near existing NV Energy transmission lines

Project Updates

• November 2010 - Geophysical surveys are planned for fall and winter of 2010-2011 and exploration drilling in 2011-2012
• June 2010 - Land holdings associated with the Sierra Geothermal acquisition, contiguous with the Company's existing Clayton Valley land positions, improve Ram Power's ability to deliver additional power under its existing PPA with NV Energy
• March 2010 - Commenced permitting for exploration activity
• February 2010 - Entered into a 20 year PPA with NV Energy for the sale of 32 MW

Project Location