Gold Hydrogen is focused on the discovery and development of world class natural hydrogen gas in a potentially extensive natural hydrogen province in South Australia.
Multiple land access arrangements have been secured on the mainland area of the Ramsay Project, including at the site of the historic Ramsay Oil Bore 1, where the company plans to twin the historic well which encountered high-purity hydrogen.
The combined natural hydrogen permit area of the Gold Hydrogen group is approximately 75,332km2 .
This region has only recently had its natural hydrogen potential identified by Gold Hydrogen.
The domestic and global demand for hydrogen, combined with new natural hydrogen exploration techniques and experienced personnel, provides Gold Hydrogen with an extraordinary opportunity to define and ultimately develop a new natural hydrogen gas province.
The company’s contractor Xcalibur Multiphysics undertook the acquisition of an 18,200-line km airborne gravity-magnetic survey over the mainland component of the Ramsay Project.
The survey was designed to enhance subsurface understanding of rich natural hydrogen source rocks, structures, and identifying future well locations to mature the independently assessed Best Estimate Prospective Resource of 1.3 billion kilograms of natural hydrogen gas.
As part of the Gold Hydrogen’s research activities on the Ramsay Project, CSIRO undertook Stage 1 of an experimental surface-oriented soil-gas survey.
Stage 1 of the survey was designed to test certain areas of the mainland component of the Ramsay Project.
Up to 80 locations were identified for soil-gas sampling based upon recently completed reprocessed 2D seismic, the generation of the subsurface static model, near existing occurrences of natural hydrogen from historic wellbores, and distributed across various subsurface hydrogen source rocks, basement faults and possible seeps or fairy circles.
This research and development activity may ultimately provide data that could assist in providing a guide for future exploration activities, supporting the generation of additional drilling inventory leads for maturation to prospects.
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