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Go Metals Creates Hydrogen Exploration Subsidiary

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Go Metals Corp. (CSE: GOCO) has announced the creation of a new wholly owned subsidiary, Deep Hydrogen Corp, focusing on hydrogen exploration. This initiative aligns with the company's goal of contributing to a sustainable future. Go Metals plans to utilize its advanced GeoDL suite of augmented exploration tools to evaluate natural hydrogen targets across Ontario and Quebec.

The company has partnered with Enki GeoSolutions in Quebec to identify prospective targets. Stephan Séjourné, P.Geo., an experienced exploration geologist and founder of Enki GeoSolutions, will contribute his expertise in natural hydrogen exploration. Séjourné has recently authored research reports on the potential for natural hydrogen in Quebec, funded by the Quebec government and prepared in collaboration with the Institut national de la recherche scientifique (INRS-ETE).

Positive
  • Creation of a new wholly owned subsidiary, Deep Hydrogen Corp., for hydrogen exploration
  • Utilization of advanced GeoDL suite of augmented exploration tools for target evaluation
  • Partnership with Enki GeoSolutions for identifying prospective targets
  • Collaboration with experienced geologist Stephan Séjourné, who has authored government-funded research on natural hydrogen potential in Quebec
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Go Metals Corp. (CSE: GOCO) ("Go Metals" and/or the "Company")  is pleased to report the creation of a new wholly owned subsidiary, Deep Hydrogen Corp.

Scott Sheldon, CEO of Go Metals, states, "Hydrogen exploration aligns with our company's goal of helping to create a sustainable future. These goals, paired with our advanced GeoDL suite of augmented exploration tools will guide our evaluation of natural hydrogen targets across Ontario and Quebec."

Engagement

The Company has teamed up with Enki GeoSolutions in Quebec to help identify prospective targets. Stephan Séjourné, P.Geo., is an experienced exploration geologist and independent consultant with a background in petroleum exploration. Established in Montreal, he founded Enki GeoSolutions in 2017 to apply his experience to other energy sources, particularly natural hydrogen. In collaboration with the Institut national de la recherche scientifique (INRS-ETE, Quebec City), Mr. Séjourné has recently authored and co-authored a series of research reports on the potential for natural hydrogen in Quebec, prepared for and funded by the Quebec government.

About Go Metals

The Company develops a suite of Artificial Intelligence exploration tools under the GeoDL banner. GeoDL learns from using multiple layers of merged data to see combinations and patterns not readily available to the human eye. The primary layers are derived from structural, geophysical, geochemical, geographical and satellite images.

For further information, please contact:
Scott Sheldon, President
604.725.1857
Scott@GoMetals.ca

Forward-Looking Information:

This press release may include "forward-looking information" (as that term is defined by Canadian securities legislation), concerning the Company's business. Forward-looking information is based on certain key expectations and assumptions made by the Company's management, including future plans for the exploration and development of its mineral properties, future production, reserve potential, and events or developments that the Company expects. Although the Company believes that such expectations and assumptions are reasonable, investors should not rely unduly on such forward-looking information as the Company can give no assurance, they will prove to be correct. Forward-looking statements in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to publicly update any forward-looking information (whether because of new information, future events or results, or otherwise) other than as required by applicable securities laws. There are several risk factors that could cause future results to differ materially from those described herein. Information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at SedarPlus.ca.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226850

FAQ

What is the name of Go Metals Corp's new hydrogen exploration subsidiary?

Go Metals Corp's new hydrogen exploration subsidiary is called Deep Hydrogen Corp.

In which regions will Go Metals Corp (GOCOF) focus its hydrogen exploration efforts?

Go Metals Corp (GOCOF) will focus its hydrogen exploration efforts across Ontario and Quebec.

Who has Go Metals Corp partnered with for identifying hydrogen exploration targets?

Go Metals Corp has partnered with Enki GeoSolutions in Quebec to help identify prospective hydrogen exploration targets.

What tool will Go Metals Corp (GOCOF) use to evaluate natural hydrogen targets?

Go Metals Corp (GOCOF) will use its advanced GeoDL suite of augmented exploration tools to evaluate natural hydrogen targets.

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