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Why does Davenport Newberry believe its leases are in a good location?

April 26, 2017believe Davenport good leases location newberry

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Why does Davenport Newberry believe its leases are in a good location?

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Combined results from geophysical data and deep exploratory drilling show that the west flank of Newberry Volcano may overlay a commercial-temperature resource. Based on extensive geophysical surveys, scientists from US government agencies have identified areas within the caldera containing steam. They expect that areas of the Davenport Newberry leases on the west flank also contain commercial quantities of steam that could fuel a geothermal power plant.