Gold Hydrogen's Ramsay 2 well found very high concentrations of hydrogen and helium, reaching up to 86% purity.

The discovery, coupled with the company's confirmation of the presence of a hydrogen play in the Ramsay Project area, suggests that their exploration ventures could make Ramsay a global source of helium.

Gold Hydrogen's Ramsay 2 well is the company's second exploration program.

The well was drilled to a total depth of 1068m and is now ready to facilitate potential production testing.