Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Gold Hydrogen Ltd (GHY.ASX)
Release Time 2 Jul 2026, 3:33 p.m.
Price Sensitive Yes
 Gold Hydrogen Ltd. Quarterly Activities Report
Key Points
  • Ramsay exploration wells testing campaign to start soon.
  • Identified potential commercialization pathways for Natural Hydrogen and Helium.
  • MOU with MGC for green methanol production feasibility study.
  • Worley Consulting's assessment indicates potential commercial viability of Helium production.
  • Exploration and technical activities progressing well.
Full Summary

Gold Hydrogen Ltd. is preparing to commence testing of its Ramsay exploration wells to assess the potential flow of Natural Hydrogen and Helium. The company has identified preliminary commercialization pathways for both gases, contingent on the results of the upcoming well testing campaign. Gold Hydrogen has executed a non-binding Memorandum of Understanding (MOU) with Mitsubishi Gas Chemical Company, Inc. (MGC) for studies associated with the potential development of a green methanol production facility using the company's Natural Hydrogen. Worley Consulting has completed an independent high-level commercial assessment of three indicative Helium production scenarios for the Ramsay Project, suggesting commercial viability with as few as two wells. The company is also progressing an accelerated Front End Engineering Design (FEED) process, positioning a Helium-focused development at Ramsay as the initial commercial platform for longer-term Natural Hydrogen and Helium exploitation.

Outlook

Gold Hydrogen Ltd. anticipates that the Ramsay flow testing campaign will provide the necessary data to accelerate commercial assessment studies and potentially book contingent resources.