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Gold Hydrogen prepares to drill Ramsay-2 after successful campaign

Gold Hydrogen prepares to drill Ramsay-2 after successful campaign

Gold Hydrogen Ltd (ASX:GHY) MD Neil McDonald tells Proactive the company encountered significant concentrations of hydrogen and helium during drilling at the Ramsay 1 well, confirming historical findings and demonstrating the presence of an active hydrogen resource at shallow depths at the Ramsay Project on South Australia’s Yorke Peninsula. Ramsay 1, Australia’s first dedicated natural hydrogen exploration well, was successfully drilled to a depth of 1,005 metres on October 28 and was completed on schedule, under budget and without any health, safety or environmental incidents. The company is now preparing to drill the Ramsay 2 well to further appraise the project’s prospective resource with this well expected to spud in the middle of November.

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