Granite Creek Explores Geo H2 Potential at Star Project in British Columbia
Key Ideas
- Granite Creek Copper concludes field program at Star project in British Columbia, focusing on copper-nickel-PGMs and potential Geo H2 production.
- Collaboration with New England Research to study geologic hydrogen aims to lower hydrogen production costs and support de-carbonization efforts.
- Article discusses copper market rally, increased demand driven by decarbonization goals, and the essential role of copper in renewable energy technologies.
- Green hydrogen's growth is highlighted, with China leading in electrolyzer capacity and potential cost-effectiveness over coal-based hydrogen by 2030.
Granite Creek Copper Ltd. has completed a field program at its Star project in British Columbia, Canada, to assess copper-nickel-platinum group metals (PGMs) mineralization potential and explore geologic hydrogen (Geo H2) production. The company is collaborating with New England Research Inc. to study the feasibility of producing Geo H2 from subsurface rock formations, aligning with a U.S. Department of Energy initiative. This innovative approach could lower hydrogen production costs and aid in industry de-carbonization. The article also discusses the copper market rally, driven by reduced copper stocks and economic stimulus announcements, emphasizing copper's role in future technologies and global decarbonization efforts. With green hydrogen emerging as a critical innovation, the sector's growth projections and the importance of demand-side incentives for alignment with climate goals are highlighted. Granite Creek's expansion into the Geo H2 field diversifies its resource portfolio and positions the Star project for advancements in low-emission technologies, potentially attracting additional investment. The company's activities at the Carmacks project in Yukon, Canada, further indicate promising economic potential in the renewable energy sector.