Breakthrough Discovery of Natural Hydrogen and Helium at Hammaslahti Project
Key Ideas
- Surface sampling at the historical drill holes in Hammaslahti, Finland, revealed significant concentrations of natural hydrogen and helium, showcasing the region's potential for industrial gas resources.
- The discovery marks the first documented occurrence of hydrogen and helium flowing to the surface in the area, indicating the presence of economically recoverable gas deposits and enhancing 80 Mile's exploration efforts.
- With an extensive historical dataset of over 600 drill holes and positive surface sampling results, 80 Mile plc plans to accelerate its exploration activities in Finland to further evaluate the industrial gas potential of the Hammaslahti project.
- This discovery aligns with 80 Mile's strategy to diversify its resource base, positioning the company as a key player in hydrogen and helium exploration in Finland, contributing to the global shift towards cleaner energy and advanced technology development.
80 Mile plc has announced a significant discovery of natural hydrogen and helium concentrations at the Hammaslahti Project in Finland. Surface sampling at historical drill holes indicated hydrogen levels reaching the upper detection limit of 1000 ppm, with the potential for even higher concentrations. Additionally, helium was detected at concentrations up to 8.90% in one drill hole. These findings mark the first documented occurrence of hydrogen and helium at the surface in the region, highlighting the potential for substantial subsurface gas accumulations and economically recoverable gas deposits.
The Hammaslahti license area boasts a rich historical dataset from over 600 drill holes, providing valuable geological information for efficient targeting of additional gas prospects. The positive results from the surface sampling will allow 80 Mile to intensify its exploration efforts, aiming to unlock the industrial gas potential of the region.
The discovery aligns with 80 Mile's strategy to broaden its resource portfolio and establish a strong presence in hydrogen and helium exploration, complementing the global push for cleaner energy sources and advanced technology development. The company plans to continue its gas sampling program across its Finnish licenses to further evaluate the industrial gas potential in the area.
Topics
Utilities
Investing
Technology
Market Potential
Exploration
Gas Resources
Energy Shift
Finnish Licenses
Geological Dataset
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