Location of HY-Range Project and nearby discoveries
PROJECT NAME:
LOCATION:
TARGET:
OWNERSHIP:
HY-Range
South Australia
Hydrogen, Helium
80.2% owned by Thor energy PLC
Location of HY-Range Project and nearby discoveries
PROJECT NAME:
LOCATION:
TARGET:
OWNERSHIP:
HY-Range
South Australia
Hydrogen, Helium
80.2% owned by Thor energy PLC
After a thorough due diligence process, the Board of Thor considers South Australia to be the premier address for natural hydrogen and helium in Australia and globally.
The HY-Range Project is located near the notable Gold Hydrogen Limited Ramsay-1 and Ramsay-2 hydrogen and helium discoveries.
This is a truly transformative acquisition for Thor Energy. The addition of Go Exploration's highly prospective hydrogen and helium licences, particularly the granted licence PEL 120 with its proximity to recent significant discoveries, positions Thor at the forefront of natural hydrogen and helium exploration in Australia. We are incredibly excited about the potential of these assets, especially as we look forward to the upcoming resource statement, and the opportunity to rapidly advance exploration and development. This acquisition aligns perfectly with our strategic focus on clean energy resources and significantly strengthens our portfolio. We welcome the Go Exploration team and look forward to working together to unlock the immense value of these projects for our shareholders.