Gold Hydrogen receives first key approvals ahead of Ramsay 1 drilling
–News Direct–
Gold Hydrogen Ltd (ASX:GHY) MD Neil McDonald tells Proactive the company has received the first of its staged approvals from the South Australian Government Department of Energy and Mines to commence site operations and construction of the Ramsay 1 well site drilling pad. Rig mobilisation is planned for the second week of October, and the company is on track to spud Australias first dedicated natural hydrogen well in mid-October. Meanwhile, an independent reservoir rock characterisation study has revealed promising geological parameters for hydrogen generation and storage at the Ramsay project. The study analysed 34 samples and found hydrogen presence in 31, confirming hydrogen can be stored and transported in the rock matrix.
Gold Hydrogen is focused on the discovery and dev...