Natural hydrogen
Substantial investment laying the foundation for hydrogen use
The global demand for hydrogen is accelerating as the world rapidly transitions to a decarbonised economy.
Investment in hydrogen projects is forecast to reach A$629B by 2050
Source: IEA (2021), Global Hydrogen Review 2021, IEA, Paris
Hydrogen has the potential to be the fuel of the future – it’s light, storable, energy-dense, and can be developed to provide clean energy.
Hydrogen could play a key role in decarbonising our essential, but energy-intensive, heavy industries like steel production, shipping, heavy transport and aviation.
What is gold hydrogen?
Hydrogen is the most abundant element in the universe, but it rarely exists in pure forms. Current production methods can be expensive, emissions-intensive and can require large amounts of water.
Gold hydrogen is naturally occurring hydrogen that:
- Accumulates naturally under the ground, generated by geological processes.
- Can be produced using proven engineering practices with minimal environmental impacts and has a small footprint compared to other exploration activities.
- As a replacement for carbon-based fuels, naturally occurring hydrogen offers significant cost and emissions advantages relative to other sources of hydrogen production.
Gold Hydrogen does not require fracking or hydraulic stimulation to be produced.
Title over reported natural hydrogen resource occurrences
Certified Prospective Resource for natural hydrogen with an unrisked Best Estimate of 1.3 billion kilograms
Flagship project, exploration permit granted
Ramsay Project (green on map) is 100% owned by Gold Hydrogen. Other locations under application
Near-term value inflection point
Stage One exploration drilling programme is expected to commence as early as Q3 CY2023 on the Yorke Peninsula
Significant commercial and environmental competitive advantage
As a replacement for carbon based fuels, naturally occurring hydrogen offers significant cost and emissions advantages relative to other sources of hydrogen production
Engaging with leading global hydrogen experts
Strategic engagement with Schlumberger, CSIRO, Total Seismic, and Xcalibur Aviation
Requires minimal water and energy to produce
Current hydrogen production methods can be expensive, emissions-intensive and can require large amounts of water.
Our long-term vision
Gold Hydrogen has a long-term vision to help the world transition to a low-carbon future by becoming a commercial producer and supplier of natural hydrogen.
By partnering with industry leaders to explore and develop our natural hydrogen, Gold Hydrogen is making progress with:
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Early opportunities to support local transition from carbon-based energy sources to natural hydrogen sources
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Interest in natural hydrogen sales
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Alignment with South Australian and national Hydrogen Action Plans
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Ideally located supply for domestic and international market off-takers
Engaging with global hydrogen experts
Objective:
Develop new techniques and processes to accurately identify and effectively extract natural hydrogen gas
Status:
- Agreement in August 2022
- Work Program to March 2024
Objective:
Assist with and commence workflows including subsurface characterisation, wellbore design, and development of a downstream production model
Status:
- Master Service Agreement in June 2022
- Drill testing from Q4 2023
Objective:
Vertical-seismic-profile (VSP) to support the future pilot
Status:
- Contract in July 2022
- Ongoing to September 2023
Objective:
High-definition airborne survey over 18,203 line-kms at 500-metre line spacing over the Yorke Peninsula and Kangaroo Island blocks
Status:
- Contract in August 2022
- Program commencing Feb 2023 and report in June 2023