Appointment of Chief Exploration Advisor
Released
Released
Announcement PDF
5 September 2023
ASX Announcement
Appointment of Chief Exploration Advisor
Highlights:
Frank Glass appointed Chief Exploration Advisor.
Planning continues for the execution of the Company’s maiden drill program for the
Ramsay Project, expected to commence in October 2023.
The Directors of Gold Hydrogen Limited (Gold Hydrogen, ASX: GHY, the Company) are pleased to
advise of the appointment of Frank Glass as the Company’s Chief Exploration Advisor. Mr Glass is an
accomplished geologist and geoscientist who has been working in the petroleum and energy resources
sector for well over 30 years, including a decade spent with Shell.
Mr Glass has been part of the growing industry exploring for natural hydrogen since 2001, and has
most recently served as the Exploration Manager at 2H Resources, leading a dynamic team in the
pursuit of natural hydrogen opportunities within South Australia.
Mr Glass has been involved with the establishment of a robust natural hydrogen exploration
framework, including identifying high-potential regions for natural hydrogen prospects. This
experience is expected to be of considerable benefit to Gold Hydrogen. Mr Glass has also been a
driving force behind the inception of the Natural Hydrogen Association of Australia (NH2A), a national
organization dedicated to supporting and advocating for the natural hydrogen exploration and
development sector in Australia.
Mr Glass holds a Masters Degree in Structural Geology from the University of Amsterdam, and holds
numerous professional memberships including the Petroleum Exploration Society of Australia and
the European Association of Geoscientists and Engineers, amongst others.
Gold Hydrogen Managing Director, Neil McDonald, said:
“We are excited to have someone with Frank’s geological experience and expertise in Natural Hydrogen
working with us to help make our upcoming drilling program a success for the Company. Frank will
also be heavily involved in the identification and planning for our future exploration leads and activities
moving forward. On behalf of Gold Hydrogen, I am delighted to welcome Frank to the team.”
About Gold Hydrogen
Gold Hydrogen is focused on the discovery and development of world class natural hydrogen gas in a
potentially extensive natural hydrogen province in South Australia. This region has only recently had
its natural hydrogen potential identified by the Company.
Gold Hydrogen Limited, Level 14, 110 Eagle Street (GPO Box 801) Brisbane, Qld 4000 | info@goldhydrogen.com.au | ABN 74 647 468 899
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The domestic and global demand for hydrogen, combined with new natural hydrogen exploration
techniques and experienced personnel, provides Gold Hydrogen with an extraordinary opportunity to
define and ultimately develop a new natural hydrogen gas province.
The combined natural hydrogen permit area of the Gold Hydrogen group is approximately 75,332km2.
Gold Hydrogen holds one granted petroleum exploration license (the Ramsay Project - PEL 687) and its
two 100% owned subsidiary companies (White Hydrogen Australia and Byrock Resources) hold an
additional seven (7) applications for natural hydrogen exploration within South Australia.
Gold Hydrogen is also the preferred applicant for four (4) gas storage exploration licenses applications
(GSELA) covering an area of 8,107km2 within the Yorke Peninsula portion of PEL 687 in South Australia.
These storage licence applications are in addition to the granted exploration licence and application
licences.
The Company is currently progressing the planning and permitting for its maiden drilling campaign at
its flagship Ramsay Project (refer PEL 687 on the Location Map) which hosts a prospective resource
(refer Table 1) which the Company will be aiming to progressively expand and mature with its
exploration activities.
Table 1 – Prospective Resource Statement for Natural Hydrogen
Gold Hydrogen’s Ramsay Project: Prospective Resources* of Hydrogen in ‘000 Tonnes – 30 Sept 2021
PEL
Prospects
PEL 687
All Prospects
and Leads
SPE PRMS
Sub-class
1U
Low
Estimate
2U
Best
Estimate
Mean
3U
High Estimate
Pg
Pd
Pc
207
1,313
4,187
8,820
22%
48%
10%
Yorke
Peninsula
PEL 687
Ramsay FB
Prospect
124
931
2,712
6,989
22%
50%
11%
PEL 687
Ramsay Lst
Prospect
10
70
191
492
26%
50%
13%
PEL 687
Maitland
Lead
7
26
40
92
17%
35%
6%
PEL 687
Navigator
Lead
34
152
280
678
19%
40%
8%
PEL 687
Kanmantoo
Prospect
32
134
237
569
25%
40%
10%
Kangaroo
Island
*This estimate of Natural Hydrogen Prospective Resources must be read in conjunction with the notes in the
Company’s ASX release of 13 January 2023.
It should be noted that the estimated quantities of Natural Hydrogen that may potentially be recovered by the
application of a future development project(s) relate to undiscovered accumulations. These estimates have
both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation
is required to determine the existence of a significant quantity of potentially recoverable Natural Hydrogen.
Gold Hydrogen Limited, Level 14, 110 Eagle Street (GPO Box 801) Brisbane, Qld 4000 | info@goldhydrogen.com.au | ABN 74 647 468 899
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The Company confirms that it is not aware of any further new information or data that materially affects the
estimates of Natural Hydrogen Prospective Resources (as originally estimated on 30 September 2021), and
that all material assumptions and technical parameters underpinning the estimates continue to apply and have
not materially changed.
Further Information
Further information on the Gold Hydrogen group, its projects, and its Board and Management can be
found on the Company’s website (www.goldhydrogen.com.au). Gold Hydrogen also has accounts on
LinkedIn and Twitter (@GHY_ASX), and copies of market releases will be emailed to all interested
parties who register via info@goldhydrogen.com.au
The Board looks forward to providing regular updates to the market as preliminary exploration efforts
continue on the Company’s flagship Ramsay Project.
This announcement has been authorised for release by the Board.
On behalf of the Board
Karl Schlobohm
Company Secretary
For Company Enquiries Contact:
Neil McDonald – Managing Director
nmcdonald@goldhydrogen.com.au
+61 7 3521 8038
Karl Schlobohm – Company Secretary / CFO
kschlobohm@goldhydrogen.com.au
+61 7 3521 8038
For Media Enquiries Contact:
Matthew Doman – Australian Public Affairs
mdoman@apa.au
+61 421 888 858
QPRRE Statement
The Prospective Resource Statement in this announcement is based on, and fairly represents,
information and supporting documentation prepared by independent consultants “Teof Rodrigues &
Associates” with an effective date of 30 September 2021, and which forms part of the Company’s
Replacement Prospectus dated 29 November 2022. The Prospective Resource Statement, together
with all relevant notes, also appears in the Company’s ASX release of 13 January 2023.
The Prospective Resource Statement has been included in this announcement under the approval of
Mr Billy Hadi Subrata, Chief Engineer for Gold Hydrogen, who is a Qualified Petroleum Reserves and
Resources Evaluator. Mr Hadi Subrata confirms that, as at the date of this announcement, there is no
change to information or additional information, since the effective date of 30 September 2021, that
would materially change the estimates of prospective resources quoted.
Gold Hydrogen Limited, Level 14, 110 Eagle Street (GPO Box 801) Brisbane, Qld 4000 | info@goldhydrogen.com.au | ABN 74 647 468 899
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Forward Looking Statement / Future Performance
This announcement may contain certain forward-looking statements and opinion Forward-looking
statements, including projections, forecasts and estimates, are provided as a general guide only and
should not be relied on as an indication or guarantee of future performance and involve known and
unknown risks, uncertainties, assumptions, contingencies and other important factors, many of which
are outside the control of the Company and which are subject to change without notice and could
cause the actual results, performance or achievements of the Company to be materially different from
the future results, performance or achievements expressed or implied by such statements. Past
performance is not necessarily a guide to future performance and no representation or warranty is
made as to the likelihood of achievement or reasonableness of any forward-looking statements or
other forecast. Nothing contained in this announcement, nor any information made available to you
is, or and shall be relied upon as, a promise, representation, warranty or guarantee as to the past,
present or the future performance of Gold Hydrogen Limited.
Gold Hydrogen Limited, Level 14, 110 Eagle Street (GPO Box 801) Brisbane, Qld 4000 | info@goldhydrogen.com.au | ABN 74 647 468 899
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Location Map – Gold Hydrogen Group tenement and areas under application located in South
Australia.
Gold Hydrogen Limited, Level 14, 110 Eagle Street (GPO Box 801) Brisbane, Qld 4000 | info@goldhydrogen.com.au | ABN 74 647 468 899
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