Ramsay 2 Flow Testing Confirms Helium Zone Continuity
Gold Hydrogen Ltd
Key points
- Helium at up to 20% purity successfully flowed from Ramsay 2
- Confirmation of continuous 180m Helium reservoir
- De-risking pathway to Contingent Resources
- Potential for extensive regional Helium plays
- Planning for Helium Pilot Project
Full summary
Gold Hydrogen Ltd. has successfully completed flow testing at Ramsay 2, confirming the continuity of the Helium-bearing Kulpara reservoir with up to 20% air-corrected purity. This follows the successful flow testing at Ramsay 1, which demonstrated up to 19% purity. The results support the interpretation of a laterally extensive and continuous 180m Helium reservoir. The successful flow testing at both wells has further de-risked the pathway to booking maiden Contingent Resources, providing a framework for future development. Additionally, the results suggest the potential for extensive regional Helium plays across the broader permit areas. The company is also progressing towards a potential Helium Pilot Project, with preliminary discussions underway with third-party technology and distribution partners.