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Primary Hydrogen Advances Wicheeda North Permitting, Reshapes Exploration Team

Story Highlights
  • Primary Hydrogen advances permitting at its Wicheeda North rare earths project, targeting a maiden drill program in early 2026.
  • The company’s VP of Exploration departs as it shifts to internal and third-party contractors to drive Wicheeda North’s development strategy.
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Primary Hydrogen Advances Wicheeda North Permitting, Reshapes Exploration Team

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Millbank Mining Corp ( (TSE:HDRO) ) has shared an update.

Primary Hydrogen Corp. has provided an update on permitting for its Wicheeda North rare earth elements project in British Columbia, where its Notice of Work application is advancing through required First Nations consultations, with regulatory approvals expected to enable a maiden drill program in early 2026. The company also announced the departure of Vice President of Exploration Peter Lauder and plans to rely on internal teams and third‑party contractors for upcoming fieldwork, as it seeks to leverage Wicheeda North’s proximity to Defense Metals’ advanced deposit and historical geophysical and geochemical targets to build a foothold in the growing rare earths sector.

More about Millbank Mining Corp

Primary Hydrogen Corp. is a Calgary-based exploration company focused on the discovery and development of natural hydrogen resources, holding over 740 acres of prospective ground in the U.S. and 230 square kilometres in Canada. Its portfolio includes the Blakelock, Hopkins, Mary’s Harbour, Point Rosie, Crooked Amphibolite, Coquihalla and Cogburn projects, and it also holds an option to acquire a 75% interest in the Wicheeda North hydrogen–rare earth elements project in British Columbia, positioning the firm at the intersection of emerging hydrogen and critical minerals markets.

Average Trading Volume: 56,117

Technical Sentiment Signal: Sell

Current Market Cap: C$7.26M

For detailed information about HDRO stock, go to TipRanks’ Stock Analysis page.

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