The sensors will be positioned at high emission spots previously pinpointed by remote sensing studies and lined up with already mapped subsurface prospects, faults and stratigraphic trends.
The survey will then form the foundations of a more detailed seismic campaign later in the year, using further 2D infill data before planning starts on refining the best spot to plunge the drill bit.
Whitebarkโs pivot into hydrogen and helium exploration has come as global demand surges for cleaner, carbon-free energy. Backed by South Australiaโs aggressive push for a hydrogen-powered future, the company appears to be positioning itself at the forefront of a booming sector with natural hydrogen discoveries poised to become increasingly valuable.
Fuelling the strategic shift, Whitebark fast-tracked its entry into the space with the all-scrip bid three months ago for private explorer King Energy in a $1.67M deal. The successful take over is set to close shortly.
King currently owns 70 per cent of the Alinya project and has an option to buy the remaining 30 per cent.
With helium in global shortage and white hydrogen attracting deep-pocketed attention across the globe, Whitebarkโs next moves are likely to be closely watched.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
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