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Investor Presentaiton

THE GEOLOGIC SETTING Several heat-producing granites were (mostly) emplaced in eastern Tasmania during a period of tectonic compression ~400Mya, which joined Eastern and Western Tasmania terranes along the largely concealed Tamar Fracture Zone (TFZ): upper figure. ~50Mya Tasmania became part of an extensional regime associated with the separation of Australia and Antarctica, with a number of grabens developing. In the Lemont region the bounding faults "..form a complex transfer zone that is expected to have high fracture permeability" (Berry, 2019: lower figure). Lastly, Tasmania is located over an interpreted hot spot, the East Australia Plume System (upper figure), which may explain some of the legacy high heat flow measurements scattered across the State. (Continental crust averages 65mW/m².) Spa*ark Energy_21 TFZ Eastern Terrane 159 104 83 Western Terrane 87 Upper Figure: Radio-isotope enriched granites were emplaced during the Devonian, associated with a compressional regime bringing Tasmania's Western and Eastern Terranes together. (Eastern outcropping granites in pink: Western ones not shown). High heat flow legacy measurements support the hypothesis of a 'hot spot' beneath Tasmania (green dashed line from Davis et al, 2015). The TFZ marks the approximate location of the paleo-plate boundary, Depth contours from 1km to 9km show the granite deepens rapidly to the west (Leaman, 2012). Lemont outline included for reference. Devonport Port Sorell. Sub-basin Lower Figure: Major Tertiary faults (from Berry, 2019). Tasmania was an extensional regime during this period with several grabens opening up. Berry (2019) regards the "complex transfer zone" within the Lemont outline as likely to have high permeability. Tamar Graben Macquarie Harbour Graben Tiers 94 Longford Sub-basin N Oyster Bay Upper Derwent Graben Graben 50 km Lower Derwent Graben
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