HYT significantly increases Nemaha Project acreage, Kansas
Project Name: Nemaha Project
Project Location: Kansas, USA
Project Stage: Exploration
ProjectBank Summary:
HyTerra Limited (ASX: HYT) advises shareholders that it has acquired additional exploration leases in its Nemaha Project, Kansas. The new leases significantly increase the project's acreage and are located in an area geologically contiguous to the Sue Duroche 2 well.
HyTerra Highlights:
3,113 net acres leased in an area geologically contiguous to the Sue Duroche 2 well, with up to 92% hydrogen and 3% helium occurrences.
Additional leases result in a >30% increase to the 100% owned and operated Nemaha Project lease holdings.
The Company is in discussions with landowners and stakeholders to further lease acreage prospective for hydrogen and helium in Kansas.
HyTerra plans to drill two exploration wells commencing in Q3 2024.