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Primary Hydrogen Expands with Wicheeda North Project Acquisition

Story Highlights
  • Primary Hydrogen Corp. focuses on exploring natural hydrogen resources across North America.
  • The company acquires a 75% interest in Wicheeda North, boosting its mining presence in BC.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Primary Hydrogen Expands with Wicheeda North Project Acquisition

Confident Investing Starts Here:

Millbank Mining Corp ( (TSE:HDRO) ) just unveiled an update.

Primary Hydrogen Corp. has signed an Option Agreement with Power One Resources Corp. to acquire a 75% interest in the Wicheeda North project in British Columbia. This project offers potential for natural hydrogen and rare earth mineralization, enhancing Primary’s presence in a Tier 1 mining jurisdiction. The agreement involves staged cash, share, and work commitments, and upon completion, will lead to a joint venture. This expansion is expected to strengthen Primary’s industry positioning and offer significant logistical and infrastructure advantages.

More about Millbank Mining Corp

Primary Hydrogen Corp. is focused on the exploration and development of natural hydrogen resources, with a significant portfolio across the U.S. and Canada. The company is involved in multiple projects, including the Blakelock, Hopkins, and Arthur Lake copper project, and has an option to acquire a 75% interest in the Wicheeda North hydrogen-REE project in British Columbia.

Average Trading Volume: 357,606

Technical Sentiment Signal: Buy

Current Market Cap: C$14.92M

See more data about HDRO stock on TipRanks’ Stock Analysis page.

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