Primary Hydrogen Corp. Expands into US Market with Project Acquisition

Primary Hydrogen Corp., a leading natural hydrogen exploration company, has announced its expansion into the USA with the acquisition of the Dove Creek project in Colorado. This marks the first step in a systematic strategy to establish a US project portfolio. By evaluating various opportunities in the US, the company aims to tap into regions with significant natural hydrogen potential.

The Dove Creek project, located in southwestern Colorado, is notable for its uranium-rich basement rocks, which are prospective for hydrogen production through radiolysis. The region's deep-seated fault systems could facilitate hydrogen migration, supported by geophysical data indicating strong gravity and magnetic anomalies. Additionally, the presence of helium wells underscores active subsurface gas migration, bolstering hydrogen prospectivity.

Covering 744 acres, the project allows Primary Hydrogen to begin exploration and further secure rights for hydrogen production. CEO Benjamin Asuncion emphasized the importance of this acquisition for serving the North American market. Peter Lauder, VP Exploration, has reviewed the technical content of this initiative.