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Gold Hydrogen Confirms 17.5% Helium Concentration at Ramsay

Updated: Mar 28

Gold Hydrogen reported record helium concentrations of 17.5% at the Ramsay Project on the Yorke Peninsula in early testing stages. The permeability of the formation has been proven, indicating fluid and gas production capability from tested formations, thereby significantly de-risking the project. Encouraged by these results, the company plans to undertake an extended exploration production test to better understand future well performance, which will inform the development of a proof-of-concept Natural Hydrogen and Helium pilot plant. Further testing will commence in Apr'24. The company's shares were up by 10% on the news.

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