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Gold Hydrogen Limited (ASX:GHY)

ALERT: Price-sensitive ASX Announcement for GHY
Current share price for GHY : $0.360 -0.08 (-18.18%)+
Announcement
Release
16 Dec 2025 9:56AM
Price at Release
$0.440
Full Release
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Summary
Gold Hydrogen Limited has provided an operational update on the Ramsay 4 well, which is part of the Ramsay Project in South Australia. The Ramsay 4 well, drilled to a depth of 855 meters, has shown promising results with the presence of Natural Hydrogen and Helium. Preliminary results from wireline logs indicate continuity of gas-bearing zones found in previous Ramsay wells. The company plans to proceed with a Completions and Well Test Program in late Q1 2026 to evaluate the flow rate potential, which will be crucial for developing the Ramsay field. Gold Hydrogen emphasizes the project's potential to contribute significantly to the Natural Hydrogen and Helium gas market, supported by their strategic investors and ongoing community engagement efforts.
Key Points
  • Gold Hydrogen Limited updates on Ramsay 4 well.
  • Ramsay 4 shows presence of Natural Hydrogen and Helium.
  • Wireline logs indicate continuity with previous wells.
  • Completions and Well Test Program scheduled for late Q1 2026.
  • Potential significant contribution to Natural Hydrogen and Helium market.
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.