Record Resources Impressed by High-Grade Hydrogen Findings in Lake Temiskaming
Key Ideas
- Record Resources CEO Michael Judson expresses excitement over the exceptional hydrogen grades found by Quebec Innovate Materials Corporation.
- QIMC is praised for being the first to drill shallow wells for natural hydrogen, providing valuable geological data for potential hydrogen reserves.
- Record Resources' Lorrain-Bucke property, adjacent to QIMC's project, strategically positions the company in a promising hydrogen exploration area.
- Record Resources clarifies details regarding the finder's warrants in relation to a recent private placement, ensuring transparency in financial transactions.
The article discusses Record Resources Inc.'s positive reaction to the drilling results of Quebec Innovate Materials Corporation (QIMC) in Lake Temiskaming. The CEO of Record Resources, Michael Judson, expressed high praise for the impressive hydrogen grades discovered by QIMC, emphasizing the significance of their findings. QIMC made history by being the first to drill shallow wells targeting natural hydrogen, a method that provided more insightful geological data than traditional soil samples. The results, which included measurements of up to 7,119 parts per million, have sparked optimism in the potential of the area for abundant natural hydrogen resources. The article also highlights Record Resources' strategic acquisition of the Lorrain-Bucke hydrogen property, positioning the company near QIMC's project and within a promising geological structure. Additionally, details regarding finder's warrants related to a recent private placement were clarified by Record Resources to ensure transparency in financial transactions, showcasing the company's commitment to clear communication.