Horizon Copper Celebrates Positive Arbitration Ruling for Entrée Resources
Horizon Copper Corp. announces a favorable arbitration ruling for Entrée Resources, enhancing the future of the Oyu Tolgoi copper project in Mongolia.
As the world shifts toward sustainable, low-carbon energy, hydrogen is emerging as a crucial element in the clean energy landscape. Among the various types, "natural hydrogen" or "white hydrogen" is attracting a lot of interest. This form of hydrogen, found naturally underground, could play a key role in the global transition to cleaner energy.
Hydrogen is becoming central to the clean energy conversation, especially as the need to reduce emissions intensifies. Natural hydrogen, produced by geological processes, stands out because it doesn’t require energy-intensive production methods. It’s clean, energy-dense, and can be stored efficiently, making it an appealing option for industries aiming to cut their carbon emissions.
Traditionally, hydrogen has been produced either through methods that rely heavily on fossil fuels or by splitting water molecules, a process that requires substantial power and water resources. Both approaches come with significant costs and technological challenges. The discovery of natural hydrogen offers a way around these obstacles, presenting a cleaner and more cost-effective alternative.
Natural hydrogen isn’t something we create; it’s already formed deep within the Earth. The first major discovery was in Mali, West Africa, where researchers found 98% pure hydrogen at a relatively shallow depth. This hydrogen was used to power an entire village, and the costs were much lower compared to traditional hydrogen production methods. Similar discoveries in other regions suggest that natural hydrogen could be more widespread than initially thought.
What makes natural hydrogen particularly exciting is that it’s essentially ready to use. Unlike manufactured hydrogen, which involves complex and costly processes, natural hydrogen is an end product of natural geological activity. It’s also much cleaner, with a minimal carbon footprint compared to hydrogen derived from fossil fuels. On top of that, it’s inexpensive, costing about $0.50 per kilogram, which is significantly less than the cost of green hydrogen.
Natural hydrogen has several advantages that make it an attractive option in the push for cleaner energy:
Low Environmental Impact: Natural hydrogen has very low emissions, especially compared to hydrogen produced from fossil fuels.
Cost-Effective: The production cost of natural hydrogen is much lower than that of green hydrogen, making it a more feasible option as the demand for clean energy grows.
Sustainable Supply: Since it’s naturally replenishing, natural hydrogen offers a continuous energy source with minimal environmental disruption.
Minimal Land Impact: Extracting natural hydrogen doesn’t require invasive techniques, so the surrounding land remains largely unaffected.
Governments worldwide are beginning to recognize the potential of natural hydrogen. They are developing policies and incentives to support the exploration and development of this resource. In the U.S., for example, the Department of Energy is funding projects to advance natural hydrogen production, while Canada’s Geological Survey is exploring large areas for potential hydrogen reserves. This rising interest highlights the potential economic and environmental benefits of natural hydrogen.
Industries are also paying attention, viewing natural hydrogen as a promising new energy source. Companies are investing in natural hydrogen projects, seeing it as a cleaner and more cost-effective alternative to fossil fuels.
With natural hydrogen drawing more attention, a few companies have started to stand out. Here’s a closer look at three of them, where we’ll explore their assets and what makes each one unique in this rapidly growing field.
Ticker: $QIMC.CN
Market Cap: 26M
Website: http://qimaterials.com/
Quebec Innovative Materials Corp. has been making steady progress in the natural hydrogen sector with its Ville Marie Hydrogen Project. Located in Québec’s Temiscamingue area, this project benefits from a unique geological setting that includes ancient Precambrian rocks and active fault lines, both of which are key factors in the natural formation of hydrogen and helium gas deposits.
The Ville Marie Project is positioned in an area with geology similar to the Ramsey Project in South Australia, where successful hydrogen exploration has already been carried out. The region's Precambrian basement rocks and active fault lines create a natural environment that is conducive to the formation of hydrogen. These faults, resulting from ongoing extensional processes, allow gases from deep within the Earth to migrate upward, potentially leading to significant accumulations of natural hydrogen and helium.
In 2024, QIMC intensified its exploration activities at Ville Marie. One of the pivotal developments was the completion of the Line 1 extension, a geophysical survey that has provided critical data on the subsurface structures. This survey identified several deep-seated geological features, including fault lines and rock formations, that are likely to contain trapped hydrogen. Understanding these structures is essential, as they play a crucial role in the migration and accumulation of gases.
Building on this, QIMC expanded its exploration to cover 9 kilometres of land where significant levels of hydrogen were detected in soil gas samples. This expansion indicates that the hydrogen-rich zones might be more extensive than originally thought, increasing the potential for large-scale hydrogen production.
QIMC’s exploration strategy at Ville Marie is multi-faceted. It includes soil gas sampling, where the composition of gases in the soil is analyzed to identify anomalies that could indicate the presence of hydrogen below the surface. Additionally, underwater seismic studies are being conducted in Lake Témiscamingue to map out the subsurface geology beneath the lake. These studies are particularly valuable as they provide insights into the deep structures that are not accessible through traditional land-based methods.
The advanced use of drone surveys also plays a key role in QIMC's exploration efforts. These drones are equipped with sensors that can detect subtle variations in the Earth’s magnetic field, which may correspond to underground gas accumulations. The data collected from these surveys is crucial for pinpointing potential drilling targets with greater accuracy.
Furthermore, the geological similarities between Ville Marie and the Ramsey Project provide a strong foundation for QIMC’s exploration model. The Ramsey Project’s success was largely due to its location on a major lithospheric boundary, where radiolysis and hydrolysis reactions of iron-rich rocks were ongoing, producing hydrogen. Ville Marie shares this potential, as it is also situated in a tectonically active region, with the Témiscamingue rift zone playing a significant role in gas migration.
Ticker: $MAXX.CN
Market Cap: 22M
Website: www.maxpowermining.com
Max Power Mining Corp. has been advancing its Rider Natural Hydrogen Project in Quebec, an area that is drawing attention due to its promising geological characteristics. The Côte-Nord region, where the Rider Project is located, is known for its extensive fault systems and Precambrian rock formations similar to QIMC’s Ville Marie Hydrogen Project.
The Rider Project has grown significantly in scope over the past few months. Initially covering a smaller area, the project now spans 3,184 square kilometres after a major expansion driven by the discovery of high hydrogen concentrations. These discoveries, with grades reaching up to 87.1%, suggest that the region could be one of the richest natural hydrogen sources in North America.
What makes the Rider Project particularly compelling is the identification of Canada’s largest natural hydrogen target within this area, covering 1,244 square kilometres. This large-scale target zone is supported by historical data and recent surveys, which indicate multiple hydrogen-rich zones across the expanded project area.
The geological profile of the Rider Project is similar to other successful hydrogen sites globally, where deep-seated faults act as conduits for hydrogen migration. These faults, combined with the region’s unique rock formations, create an environment where hydrogen can naturally accumulate in significant quantities.
Max Power has been employing a variety of exploration techniques at Rider, including detailed geological mapping and soil gas sampling, to better understand the subsurface conditions. The company is also planning to deploy advanced geophysical surveys to pinpoint the most promising drilling locations.
Ticker: $LEX.CN
Market Cap: 5M
Website: www.longhornexploration.com
Longhorn Exploration Corp. is focused on finding and developing natural hydrogen resources across North America, with their key project being the Lily Rock Project in Eastern Kansas. This project takes advantage of the region’s unique geology, which makes it a strong candidate for natural hydrogen exploration.
The Lily Rock Project is located in Eastern Kansas, an area known for its complex geological features, including the Nemaha Ridge and a network of fault lines. These structures are important because they create natural pathways where hydrogen can move and accumulate.
The project covers about 594 acres, with Longhorn holding rights to nearly 520 of those acres through a lease agreement with PureWave Hydrogen Corp. The Nemaha Ridge is a key part of this project. It's a major geological feature in the region that, together with surrounding faults and mafic rocks, forms an ideal environment for trapping hydrogen.
What makes the Lily Rock Project particularly interesting is the high levels of hydrogen found in some of the wells on the site. For example, the Scott #1 well has shown hydrogen concentrations ranging from 42.6% to 56%, and the Sue Duroche #2 well reported over 90% hydrogen content. These numbers suggest that there's a lot of potential for hydrogen extraction in this area.
The project area includes ancient Precambrian rocks that are cracked and fractured, sitting beneath layers of sedimentary rocks from the Paleozoic era. These sedimentary layers, especially the Lansing, Hunton, and Viola formations, could serve as reservoirs that store significant amounts of hydrogen. Analysis by Longhorn and their partners, including experts from Sproule International Limited, indicates that these rock layers have the right conditions, like porosity and permeability, to hold large amounts of hydrogen.
Longhorn’s exploration strategy for Lily Rock involves detailed geological mapping, gravity and magnetic surveys, and analyzing the physical properties of the existing wells. Their goal is to confirm the presence of hydrogen in these underground structures and figure out the best ways to extract it. By combining advanced technology with a solid understanding of the area’s geology, Longhorn aims to make the most of the project’s potential.
Max Power Mining Corp. Company Website and Press Releases:
Max Power Mining Corp. (2024). Max Power Uncovers Canada’s Largest Natural Hydrogen Target Area. Retrieved from https://www.maxpowermining.com/max-power-uncovers-canadas-largest-natural-hydrogen-target-area-stakes-1244-sq-km/
Max Power Mining Corp. (2024). Max Power Nearly Triples Size of Rider Natural Hydrogen Project. Retrieved from https://www.maxpowermining.com/max-power-nearly-triples-size-of-rider-natural-hydrogen-project-stakes-2112-additional-sq-kmhistorical-hydrogen-grades-up-to-87-1/
Quebec Innovative Materials Corp. Company Website:
Quebec Innovative Materials Corp. (2024). Company Overview and Project Details. Retrieved from http://qimaterials.com/
Longhorn Exploration Corp. Company Website and Reports:
Longhorn Exploration Corp. (2024). Company Overview and Lily Rock Project. Retrieved from http://www.longhornexploration.com/
Sproule International Limited. (2024). Evaluation of the Prospective Hydrogen Resources for Lily Rock Project in Eastern Kansas. (Project No.: 27237.115697).
General Hydrogen Information:
Max Power Mining. (2024). Natural Hydrogen Overview. Retrieved from https://www.maxpowermining.com/naturalhydrogen/
International Energy Agency (IEA). (2023). Global Hydrogen Review 2023.
U.S. Department of Energy. (2024). Funding Announcements for Natural Hydrogen Projects. Retrieved from
Institut National de la Recherche Scientifique (INRS). (2024). Natural Hydrogen: First Reports Are Released on the Potential of This Emerging Resource. Retrieved from https://inrs.ca/en/news/natural-hydrogen-first-reports-are-released-on-the-potential-of-this-emerging-resource/
Horizon Copper Corp. announces a favorable arbitration ruling for Entrée Resources, enhancing the future of the Oyu Tolgoi copper project in Mongolia.
Snowline Gold Corp announces significant gold intersections at its Valley deposit in Yukon, revealing extensive mineralization and promising future prospects.
Canada's TSX composite index hits a four-week low due to lower oil prices and political unrest, reflecting broader economic challenges.
We're just a bunch of guys mixing up market news with our own brand of banter, giving you the lowdown on stocks with a twist at Walk The Street Capital.