Primary Hydrogen Sets September Data Drop as Wicheeda North Drill Window Nears

Primary Hydrogen expects airborne radiometric results by end-September and a 1,500-metre maiden drill program at Wicheeda North from October 1 to November 1, 2026.

Primary Hydrogen is steering toward a busy stretch at its Wicheeda North rare-earth property in British Columbia, with preliminary results from an airborne radiometric survey due by the end of September and a maiden drill program booked to run from October 1 to November 1, 2026.

The geophysical readings will sharpen the definition of target zones before crews move to the next stage of work. Precision GeoSurveys was contracted to fly the radiometric survey across 738 line-kilometres, a program that was scheduled to wrap up by Sunday. Radius Drilling has been tapped to handle the roughly 1,500-metre first-pass drill campaign once the geophysical picture is in hand.

Field Work Advances on Two Fronts

Ground sampling at Wicheeda North is already moving through its second stage. The initial phase of soil sampling has been completed, with those samples dispatched to the lab for analysis. A follow-up pass covering three additional grids is expected to finish on Wednesday, though assay results from that work have yet to land.

The project currently sits at the centre of the explorer's operational agenda. Management is banking on the combination of geophysical interpretation and subsequent drilling to deliver hard evidence about the nature of mineralization across the property.

Shareholders Sign Off on Governance Package

While field crews push ahead, the company has closed out key corporate housekeeping. Every resolution put to shareholders at this year's annual and special meeting — held mid-month — passed. That included the re-election of David Jackson, Benjamin Asuncion, William Timothy Heenan and Martin Kowcun to the board, along with the reappointment of the existing auditor.

Investors also approved a new omnibus equity incentive plan, structured with fixed and rolling components of up to 10 percent each. Holders of 911,489 common shares were present or represented at the meeting, equal to 12.29 percent of the shares outstanding at the time. The approvals hand management formal backing from the ownership base as it turns to execution on its exploration programs.

Stock Under Pressure Into Catalysts

Trading has been unkind to the shares in recent weeks. The stock slipped 2.0 percent to EUR 0.7450 in one session, and a separate reading showed a 3.3 percent decline to EUR 0.7350 on a Monday. Over a 30-day window, the equity has shed 34 percent.

With geophysical interim results on the near horizon and the drill bit set to turn in early October, the coming weeks represent a pivotal stretch for the Wicheeda North venture.