Gold Hydrogen Confirms High-Purity Helium at Ramsay Project in South Australia
Key Ideas
- Gold Hydrogen Ltd's flow testing program at Ramsay Project in South Australia has confirmed helium to surface with purity levels up to 36.9%.
- Samples sent for analysis show significant potential for commercial production of natural hydrogen and helium in the region.
- Identified 180-metre thick high-purity Kulpara Dolomite zone with positive helium shows, indicating large prospective resources for both gases.
- Company preparing for future drilling campaigns to extract best estimate prospective resources of natural hydrogen and helium.
Gold Hydrogen Ltd's flow testing program at the Ramsay Project on the Yorke Peninsula in South Australia has successfully confirmed the presence of helium with purity levels reaching 36.9% at the wellhead. The primary objective of obtaining gas and fluid samples for analysis has been achieved, with samples sent to laboratories in Australia and Europe. The program also successfully recovered natural hydrogen and helium at the surface. Various data points have indicated the presence of natural hydrogen and helium in the area. The helium flow testing program demonstrated increased content as the hole stabilized, highlighting the project's potential for commercial production. Studies have confirmed world-leading helium purity levels and identified target zones for future drilling. A significant 180-meter thick helium-bearing section of the Kulpara Dolomite zone has been identified, along with groundwater samples showing high helium purities. Gold Hydrogen continues to assess the data for successful project completion, with plans for commercialization in the future. The company is gearing up for future drilling campaigns to extract the estimated prospective resources of natural hydrogen and helium in the region.