QIMC Reports Results from Hole 1 DDH-26-01 at West-Advocate Natural Hydrogen Project, Nova Scotia; R2G2(TM) Exploration Model Applied
Nova .Nova .(US:NVMI) TMX Newsfile·2026-03-17 13:58

Core Insights - The completion of Hole 1 (DDH-26-01) at the West-Advocate natural hydrogen project provides significant geological data, marking a milestone for the exploration program [4][5][20] - Drilling of Hole 2 (DDH-26-02) has reached approximately 500 meters, targeting structurally favorable zones with identified geophysical anomalies [2][3][20] Geological and Structural Observations - The drilling results from Hole 1 reveal a large volume of highly deformed grey siltstones with abundant fault surfaces, indicating a transpressional tectonic regime [22][23] - The geological framework of the Cobequid-Chedabucto Fault Zone (CCFZ) extends over 300 kilometers and is characterized by fault-focused environments that may facilitate fluid migration [10][21][24] Exploration Model and Methodology - The R2G2™ exploration model, developed in collaboration with Prof. Marc Richer-Laflèche, integrates regional tectonic analysis and geophysical anomalies to identify favorable geological environments for natural hydrogen [26][27] - The model considers the presence of highly fractured rock volumes that enhance fracture porosity and permeability, promoting gas migration [17][27] Company Developments - Québec Innovative Materials Corp. (QIMC) has granted 5,400,000 stock options to directors, employees, and consultants, exercisable at $2.00 per share for two years [25] - The company is committed to sustainable development and innovation, focusing on clean energy solutions and the exploration of natural hydrogen and high-grade silica assets [28]

Nova .-QIMC Reports Results from Hole 1 DDH-26-01 at West-Advocate Natural Hydrogen Project, Nova Scotia; R2G2(TM) Exploration Model Applied - Reportify