Gold Hydrogen accelerates helium development at Ramsay project in South Australia, capitalizing on severe global supply shortages and surging prices. Recent drilling confirmed exceptional gas purities with natural hydrogen up to 97% and helium up to 36.9%, significantly exceeding commercial standards of 0.3%. Independent analysis by Worley indicates the project could be commercially viable with as few as two wells, assuming sustained helium flow rates of 29 thousand standard cubic feet per day per well. Scaling to ten wells would improve financial metrics. The company plans to refine commercial models alongside flow testing beginning June 2026. This development addresses critical infrastructure needs as Australia currently imports 100% of its helium supply, essential for semiconductors, medical imaging, defense and artificial intelligence applications.
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