REV Exploration closed its purchase of 41 mining claims in the Chibougamau Camp in northern Quebec and additionally acquired 545 further claims under a new asset purchase agreement for C$700k, satisfied via 1mm shares at C$0.60/sh (18% discount to the previous close) and C$100k cash. The Vendors retain a 1% net smelter return royalty, of which 0.5% may be repurchased for C$750k. All issued shares are subject to a four-month hold, with no warrants or fees attached.

REV Exploration entered into a partnership with MAX Power Mining to accelerate natural hydrogen exploration across Western Canada. REV...

Penn State researchers received US$1.1mm from the US Department of Energy's ARPA-E to advance low-cost, low-emissions natural hydrogen production. This two-year project aims to develop methods using carbon dioxide to extract hydrogen from Earth's subsurface, enhancing hydrogen yield through CO2 fracturing and mineralisation. The team will leverage the serpentinisation process in olivine-rich peridotite formations, employing dynamic fracturing technology and carbon-rich solutions to sustain...