Granite Creek Copper Ltd. Expands into Geologic Hydrogen Exploration
Key Ideas
- Granite Creek Copper Ltd. establishes Element One Hydrogen Ltd as a subsidiary to focus on geologic hydrogen exploration in North America.
- The company has entered an agreement for the acquisition of the Union Bay hydrogen project in Southeast Alaska, known for its ultramafic-mafic complex.
- Allegra Hosford Scheirer, an expert in geologic hydrogen and oil and gas systems, joins Granite Creek as an advisory board member to lead the exploration activities.
- CEO Tim Johnson expresses optimism about the potential of hydrogen accumulations in the subsurface, highlighting the promising opportunities in this emerging field.
Granite Creek Copper Ltd., based in Vancouver, Canada, has expanded its focus into geologic hydrogen exploration by incorporating Element One Hydrogen Ltd as a subsidiary. The company is actively researching potential acquisitions of projects in North America that are conducive to hydrogen production from ultramafic rocks and other sources. One of their recent developments includes an agreement to acquire the Union Bay hydrogen project in Southeast Alaska, known for its unique geological composition. Allegra Hosford Scheirer, an expert in geologic hydrogen and oil and gas systems, has been appointed to lead the exploration activities, bringing her vast experience in the field. CEO Tim Johnson expressed enthusiasm for the growing interest in hydrogen accumulations in the subsurface, emphasizing the significant opportunities this field offers. Granite Creek aims to make further advancements in geologic hydrogen exploration, with plans to expand its team in the near future.