Fast track2 Jul 2024 10:18
• The Outokumpu Belt's unique geological composition, including serpentinized ophiolites and pegmatitic granites, hosts multiple potential sources for the generation of White Hydrogen and helium gases. Bluejay, through its wholly-owned subsidiary FinnAust, has exploration permits covering this gas-rich ophiolite belt.
• Over 2000 historical drillholes, some exceeding depths of 1000 meters, provide a comprehensive foundation to fast-track the assessment of subsurface industrial gas across the Outokumpu Belt.
• Current exploration licenses include gas exploration, ensuring a streamlined regulatory pathway. White Hydrogen can be produced at a fraction of the cost of "Green" Hydrogen (produced using wind and solar power), that could then potentially be integrated into Finland's goal to enhance energy security within a circular economy.