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Quebec Silica Resources Corp. ( (TSE:QIMC) ) has provided an announcement.
Quebec Innovative Materials Corp. has announced a significant discovery of a third major natural hydrogen zone in Nova Scotia, with soil-gas results showing concentrations as high as 4,125 ppm. This discovery reinforces the potential of the Cumberland Basin as a leading natural hydrogen district in North America, with QIMC planning to expand its exploration programs and integrate ammonia production to leverage existing infrastructure in Nova Scotia.
More about Quebec Silica Resources Corp.
Quebec Innovative Materials Corp. (QIMC) operates in the clean energy sector, focusing on the exploration and development of natural hydrogen resources. The company is dedicated to advancing its projects in promising geological settings, particularly in the Cumberland Basin of Nova Scotia, which is emerging as a significant hub for natural hydrogen.
Average Trading Volume: 985,256
Technical Sentiment Signal: Buy
Current Market Cap: C$53.62M
See more insights into QIMC stock on TipRanks’ Stock Analysis page.