HyTerra Expands Lease for Hydrogen Exploration

Triple Energy Limited (AU:HYT) has released an update.

HyTerra Limited has expanded its leasing footprint in the Nemaha Project, with the acquisition of 13,000 additional acres, totaling about 52,000 net acres earmarked for hydrogen and helium exploration. The company’s selection of new leases was strategically based on reprocessed seismic data, revealing promising drilling targets. An Extraordinary General Meeting (EGM) is scheduled for December to vote on a substantial $21.9 million investment from Fortescue, which, if approved, will kick-start HyTerra’s drilling campaign.

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