Superb RNS1 Jul 2024 07:45
Systematic review of historical government drilling has indicated the presence of substantial industrial gas including helium and white hydrogen concentrations within the Outokumpu Belt.
· Best intersection recorded was of 100m at 5.6% helium (within an intersection of 1500m, at 1.5% helium).
· Deposit is comparable in formation and structure to the world's largest known deposit of white (or geological) hydrogen ('White Hydrogen'), which was recently discovered in France, with estimates suggesting up to 46 million tonnes of the carbon-neutral fuel in the French deposit. This newly discovered gas province is located in the Lorraine region, a French mining region similar in nature geologically to the Outokumpu Belt.
· Gas sampling from the Outokumpu Deep Drillhole, which reached a total depth of 2480 meters, revealed high concentrations of other naturally forming industrial gasses such as argon, xenon, krypton, White Hydrogen and helium (with hydrogen being the dominant gas) returning results up to 46% hydrogen in gas samples taken from various saline groundwater samples.
Their projects and assets are certainly coming to life. Maybe we see some director buys as well. Surely has to be worth significantly more than the current £4.5m GBP Market Capitilisation