May. 4 at 5:23 PM
$QIMCF QIMC CEO Update May 4,2026 – Key Takeaways
Bigger than expected: Hole #3 (2.5 km away from first drills) hit the same hydrogen system → suggests this is not a small deposit but a large, continuous structure
Still growing: Drilling ongoing to 900m and key zones are still open → they haven’t found the limits yet
Strong results: Previous hole hit 8,249 ppm hydrogen, among highest near-surface readings in North America
Model is working: Their exploration method (R2G2) is accurately predicting where hydrogen is → big for future drilling success
Next big test: Holes #4 & #5 will step out 12.5 km away → could prove district-scale potential
New data tech: “IsoJar” sampling = more precise, less diluted readings → better understanding of real concentrations
Not just exploration: They’re building a system to turn hydrogen into electricity for AI/data centers
Macro tailwinds:
Natural hydrogen gaining global attention
AI/data centers = massive demand for clean, off-grid power