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Millbank Mining Corp ( (TSE:HDRO) ) has provided an announcement.
Primary Hydrogen Corp., a leader in natural hydrogen exploration, has outlined its exploration thesis for the Dove Creek project in Colorado. The company is preparing for an extensive field exploration program to assess the potential for natural hydrogen accumulation. The project is located in the Paradox Basin, which offers promising geological conditions for hydrogen generation and storage, including uranium-rich basement rocks and ultramafic rocks that may generate hydrogen through serpentinization. The region’s structural complexity and thick evaporite layers enhance its potential as a natural hydrogen reservoir. This initiative is part of Primary Hydrogen’s broader strategy to establish itself as a leader in the emerging natural hydrogen sector.
More about Millbank Mining Corp
YTD Price Performance: -29.17%
Average Trading Volume: 122,577
Technical Sentiment Signal: Hold
Current Market Cap: C$11.38M
See more insights into HDRO stock on TipRanks’ Stock Analysis page.