Gold Hydrogen stated significant concentrations of hydrogen and helium in sections of the Ramsay 1 well, situated in the Ramsay Project area.

Hydrogen levels measured at 73.3% at 240m below ground level replicate those reported in the historic Ramsay Oil Bore 1 in 1931, validating the presence of a hydrogen play.

The discovery of helium at 3.6% at 892mMD is noteworthy, given its rarity and commercial value.

The company is planning to drill the Ramsay 2 well in mid-November in order further to evaluate the prospective resources of the Ramsay project.