Gold Hydrogen test work detects hydrogen in soils in multiple locations
July 25, 2023 at 11:01 am EDT
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Gold Hydrogen Ltd's non-executive chairman, Alexander Downer speaks with Proactive's Tom Warner about the company's aim to extract natural hydrogen from the sub-surface -- a cost-effective alternative to the current method of electrolysis used to produce green hydrogen.
Downer discusses the latest developments in this aim which see Gold Hydrogen report on the results from the company’s experimental Stage 1 soil gas survey undertaken by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) across the mainland component of its Ramsay Project in South Australia. The test work results indicate that CSIRO detected hydrogen in soils in multiple locations.
Gold Hydrogen regards the Stage 1 soil-gas survey results as encouraging but notes that the only sure way to determine if there is a hydrogen accumulation in the area is to drill one or more wells, the first of which it plans to drill in October 2023. The results of the well(s) will be integrated with the interpretations of the reprocessed seismic, airborne magnetic surveys and the soil test results to assist with further exploration planning.
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Proactive Investors
Jonathan Jackson
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Gold Hydrogen Limited is an Australia-based company. The Company is engaged in discovery and development of natural hydrogen gas in a potentially extensive natural hydrogen province in South Australia. It holds one granted Petroleum Exploration License (PEL) in South Australia (PEL 687) that covers approximately 7,820-kilometer square (km2) on the Yorke Peninsula and Kangaroo Island in South Australia. The Company is undertaking the Ramsay Project on PEL 687. The Company either directly or through its subsidiaries has rights in respect of an additional seven PELAs, which have a total area size of approximately 67,512 km2 and four GSELAs in South Australia, which have a total area size of approximately 8,107 km2 and is considered prospective for natural hydrogen exploration and storage.