Gold Hydrogen Ltd (ASX:GHY) chairman Alexander Downer gives Proactive an update on the company’s progress in relation to its flagship Ramsay Project. Contractor Savanna Energy has been engaged to provide drilling services for the company’s first exploration well on the project which is designed to replicate the results of the historic Ramsay Oil Bore 1 which encountered natural hydrogen of up to 89% purity. Drilling is scheduled to get underway in October. Downer says a second well location has been identified with land access approval now in place.
Gold Hydrogen’s Alexander Downer says Ramsay project potential is huge for Australia