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Gold Hydrogen Limited (ASX:GHY)

ALERT: Price-sensitive ASX Announcement for GHY
Current share price for GHY : $0.465 -0.06 (-11.43%)+
Announcement
Release
2 Dec 2025 8:54AM
Price at Release
$0.525
Full Release
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Summary
Gold Hydrogen Limited announced the successful completion of drilling at Ramsay 3, confirming world-class levels of natural hydrogen purity up to 97%. The Ramsay 3 well, part of the Ramsay Project in South Australia, demonstrated continuity of promising natural hydrogen and helium zones from Ramsay 2 over a distance of 2.3 km. The well reached a total depth of 884.2 meters, and multiple zones of elevated natural hydrogen and helium were detected. The company plans further evaluation with a completions and well testing program scheduled for early 2026. The drilling rig is now being moved to Ramsay 4 to continue appraising the project's potential.
Key Points
  • Ramsay 3 drilling completed with 97% purity natural hydrogen confirmed.
  • Continuity of natural hydrogen and helium zones over 2.3 km from Ramsay 2 to Ramsay 3.
  • Ramsay 3 reached a total depth of 884.2 meters.
  • Multiple zones of elevated hydrogen and helium detected.
  • Completions and well testing program planned for Q1 2026.
  • Drilling rig moving to Ramsay 4 for further appraisal.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.