Gold Hydrogen Ltd. in Australia has recently announced a significant update on its Ramsay Project, showcasing remarkable purity levels of natural hydrogen and helium. In the initial Stage 1 testing, the company achieved purity levels of up to 95.8% for hydrogen and 17.5% for helium, setting a new standard in the industry. The successful extraction from various zones and the high permeability of tested formations have substantially reduced project risks, prompting the progression to Stage 2. The upcoming phase will focus on evaluating well performance to support the development of a pilot plant. The Managing Director of the company expressed great satisfaction with the achieved purity levels, highlighting them as some of the highest recorded globally. This breakthrough not only marks a significant advancement in the Ramsay Project but also positions Gold Hydrogen Ltd. for potential large-scale commercial production. Investors interested in AU:GHY stock are encouraged to explore TipRanks' Stock Analysis page for further insights and analysis.