Gold Hydrogen Unveils High-Purity Natural Hydrogen Discovery in South Australia
Key Ideas
- Gold Hydrogen reports finding 95.8% pure hydrogen at its Ramsay Project in South Australia, with helium also present.
- Stage two of the exploration program will involve extended well testing to determine flow rates and inform future designs.
- The company aims to produce natural hydrogen and helium at commercial levels, leveraging large prospective resources in the area.
Gold Hydrogen, an explorer of natural hydrogen, has announced a significant discovery at its Ramsay Project in South Australia's Yorke Peninsula. Initial testing revealed high-purity natural hydrogen at 95.8% in seven different zones, alongside helium. The company described the results as remarkable, indicating some of the highest purity levels globally. Stage two of the project will focus on extended well testing to assess flow rates and contribute to pilot plant design. Gold Hydrogen aims to achieve commercial production of natural hydrogen and helium, with Managing Director Neil McDonald expressing confidence in the project's potential. The company holds significant exploration permits in South Australia, covering a vast area rich in natural gas resources.