Primary Hydrogen Corp Expands Project Portfolio in British Columbia

Primary Hydrogen Corp has signed an Option Agreement with Power One Resources Corp to acquire a 75% interest in the Wicheeda North project, located in British Columbia. This move aims to explore the project's potential for natural hydrogen and rare earth elements (REE), driven by the presence of deep-seated faults and favorable geological conditions.

The Wicheeda North project spans 2,138 hectares in the northern Cariboo Mining Division, adjacent to significant rare earth discoveries. Initial exploration has identified three anomalous REE areas, open for expansion and drilling, providing an optimistic prospect for future development.

The agreement mandates Primary to invest C$1.5 million in exploration over 18 months, alongside cash and share commitments. Approval from the TSX Venture Exchange remains pending, following which a joint venture will be established to further fund project expenditures.