Summary (from https://newsrush.ai/m_64.html):Stage 1 Interim Exploration Well Testing Update
27 May 2024 8:55 AM | 12 Pages
Gold Hydrogen Limited reports on their Ramsay Project, highlighting significant findings from Stage 1 Well Testing, including high purity levels of natural hydrogen and helium.Summary
- Gold Hydrogen Limited completed Stage 1 Well Testing for Ramsay 1 and 2 wells.
- Natural Hydrogen purity levels reached up to 95.8% (air corrected).
- Helium purity levels were up to 17.5% (air corrected).
- Testing showed high permeability in the formations.
- Stage 2 testing is planned to commence in early Q3 2024.
- A large scale regional 2D seismic acquisition project will start in June 2024.
Highlights
- Natural Hydrogen purity levels up to 95.8% H2.
- Helium purity levels up to 17.5% He.
- High permeability demonstrated in tested formations.
- Stage 2 testing to start early Q3 2024.
- Large scale regional 2D seismic acquisition to begin in June 2024.
Positives
- High purity levels for both Natural Hydrogen (95.8%) and Helium (17.5%).
- Confirmation of high permeability in formations.
- Stage 2 testing planned to further validate findings.
- Large scale seismic acquisition project contracted.
Negatives
- Formation water encroachment impeded further flow testing.
- Some results from isotopic analysis expected to take several months.
- Inherent uncertainties due to lack of data on dedicated Natural Hydrogen wells.
Key Dates
- 27 May 2024: ASX Announcement
- Early Q3 2024: Planned start of Stage 2 testing
- June 2024: Start of large scale regional 2D seismic acquisition project
Alerts
- Contains better than expected results: yes
- Contains worse than expected results: no
- Contains expected results: no
- Sentiment: positive
- Forums
- ASX - By Stock
- GHY
- Ann: Stage 1 Interim Exploration Well Testing Update
Ann: Stage 1 Interim Exploration Well Testing Update, page-43
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GHY (ASX) to my watchlist
|
|||||
Last
81.5¢ |
Change
0.005(0.62%) |
Mkt cap ! $62.48M |
Open | High | Low | Value | Volume |
80.0¢ | 83.0¢ | 80.0¢ | $161.4K | 199.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 75564 | 79.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 52577 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 75564 | 0.795 |
7 | 50765 | 0.790 |
1 | 2000 | 0.770 |
1 | 1 | 0.760 |
1 | 6596 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 52577 | 1 |
0.830 | 999 | 1 |
0.850 | 1177 | 1 |
0.860 | 9000 | 1 |
0.885 | 1428 | 1 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
GHY (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online