Primary Hydrogen Corp. Expands US Presence with Dove Creek Acquisition

Primary Hydrogen Corp., a Vancouver-based exploration company, announced its expansion into the US market through the acquisition of the Dove Creek project in Colorado. This project marks the company's initial foray into the US, aligning with its strategy to tap into significant natural hydrogen resources across the country.

The Dove Creek project is located near the Colorado-Utah border, within the Paradox Basin. It benefits from natural hydrogen production via radiolysis of uranium-rich rocks. The presence of fault systems and geophysical anomalies suggests strong potential for hydrogen accumulation in the area, supported by subsurface gas migration indicators.

This acquisition aims to position Primary Hydrogen as a key player in the evolving hydrogen sector by leveraging its geophysical data and securing additional exploration rights in the US.