Gold Hydrogen Limited: Discovers Exceptionally High Helium Levels at Ramsay 2

Gold Hydrogen Limited (ASX: GHY) announced the successful completion of the Ramsay 2 well, reaching its final Total Depth (TD) of 1068mMD on December 1, 2023. Notably, drilling unveiled remarkable helium concentrations, peaking at 6.8% in raw gas from the Kulpara Formation. If replicated across the tenement, these levels could position the Ramsay Project as a global helium frontrunner. The Company employed stringent testing protocols, partnering with Schlumberger (now SLB) and an independent third-party lab to ensure the credibility of results.

Considering that commercial helium production globally often occurs at levels below 1%, these findings signify exceptional potential. Further analysis of hydrogen and helium, along with ongoing assessments of extracted mud gas samples, indicate substantial helium reservoir potential at Ramsay. This discovery, coupled with an existing hydrogen play, sets the stage for future exploration and confirms the site's promising nature. Future flow testing and analysis promise to deepen its understanding of this lucrative opportunity. Gold Hydrogen Limited eagerly anticipates the forthcoming stages in unlocking Ramsay's full potential.

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