Primary Hydrogen Tests 932.21 ppm Soil Peak With First Wicheeda North Drill Holes
Published on 11/15/2026 at 04:50 | Editorial boerse-global.de
Primary Hydrogen has moved its Wicheeda North rare earths project in British Columbia from sampling to drilling, launching a maiden campaign of roughly 1,500 metres spread across about seven holes. Work began on 3 November and is expected to take around four weeks.
The program is aimed squarely at a northwest-trending soil anomaly defined by two phases of surface sampling. In the second phase, 37 of 692 samples topped a threshold of 300 ppm total rare earths including yttrium (TRE+Y). The standout reading came in at 932.21 ppm TRE+Y — the highest value the company has recorded on the property and the number that anchored its choice of drill targets.
From Soil Grid to Spindle
Those assays came from soil, not rock, and the drill bit is now the tool charged with testing what lies beneath the anomaly. It marks Primary Hydrogen's first-ever drilling on Wicheeda North, a step up in both cost and risk from the surface work that preceded it.
Should investors sell immediately? Or is it worth buying PRIMARY HYDROGEN?
The timing of the campaign coincides with the release of the company's third-quarter 2026 figures, which showed a net loss of C$0.556 million. That filing covered both the three-month period and the nine-month results.
Market Backdrop
Investors have been cool on the equity of late. The shares closed at €0.52 on Friday, down 15% over the past 30 days — a slide that leaves the maiden drill program under close scrutiny as the market waits for core to come out of the ground.
With seven holes planned over roughly four weeks, the first assays from Wicheeda North should give shareholders their clearest read yet on whether the soil anomaly translates into rare earths mineralisation at depth.
Ad
PRIMARY HYDROGEN Stock: New Analysis - 15 November
Fresh PRIMARY HYDROGEN information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
