Vortex Energy Corp. (CSE:
VRTX | OTC:
VTECF | FRA:
AA3)
(“
Vortex” or the “
Company”) is
pleased to announce the completion of core logging and preliminary
analysis of samples from Well VW231, part of the Robinsons River
Salt Project (“
The Project”) in Newfoundland. This
study was conducted in collaboration with Dr. Hassan Dehghanpour
and his research team at the University of Alberta under an NSERC
Alliance research partnership, the findings highlight the
geological suitability of the site for underground hydrogen storage
(UHS).
The primary objective of the study was to
evaluate the feasibility and safety of using the salt dome within
the Robinsons River Formation for hydrogen storage. This involved
assessing the structural integrity of the dome, the sealing
capacity of the overlying rock layers, and the potential
geochemical interactions between the salt formation and stored
hydrogen. Samples were collected from Well VW231, which was drilled
to a depth of 608 meters, terminating in the salt rock layer before
encountering the pure halite reservoir. The samples were analyzed
using advanced techniques, including:
- Thin Section
Microscopy: Provided detailed insights into mineral grain
morphology and depositional history.
- X-Ray
Diffraction (XRD): Identified the mineral composition and confirmed
halite as the dominant phase.
- Raman
Spectroscopy: Differentiated between key minerals such as gypsum
and anhydrite and detected organic material, including
bitumen.
- Scanning
Electron Microscopy (SEM): Analyzed microstructures, revealing
impurities such as potash and carbonates within the halite
matrix.
- Insoluble
Mineral Testing: Quantified impurity levels, showing an average of
20% insoluble material in the halite layers.
The analysis revealed that the overlying gypsum
and mixed mudstone layers, composed primarily of insoluble
minerals, exhibit excellent sealing capabilities essential for
hydrogen containment. Core samples showed no vertical or horizontal
fractures, affirming the structural integrity of the caprock and
its ability to prevent gas leakage. Additionally, rare minerals
such as clinoatacamite and antarcticite were identified, shedding
light on the site's complex geochemical evolution. The presence of
bitumen within the halite layers further indicates a rich
depositional history and potential for hydrocarbon
preservation.
"The preliminary results provide valuable
insights into the geological suitability of the Project for
underground hydrogen storage," said Paul Sparkes, CEO of Vortex
Energy Corp. "These findings represent an important step in
assessing the site’s potential and addressing the technical
requirements for safe and efficient storage."
Next Steps
Vortex Energy is preparing for advanced testing,
including fluid inclusion analysis and experiments to evaluate the
interaction of hydrogen with minerals under varying temperature and
pressure conditions. These efforts aim to refine the geological
model and confirm the site’s safety and effectiveness for UHS. The
Project is an essential part of Vortex Energy’s commitment to
advancing innovative, sustainable energy solutions. Collaborations
with academic partners, such as the University of Alberta, ensure
that cutting-edge research drives the project forward.
The scientific and technical content of this
news release has been reviewed, verified, and approved by Jared
Suchan, Ph.D., P.Geo., Technical Advisor to the Company, and a
“Qualified Person” as defined by National Instrument 43-101.
Verification included reviewing the detailed report, attending a
presentation on the findings, and addressing any questions directly
with the report author to ensure accuracy and reliability.
About Vortex Energy Corp.
Vortex Energy Corp. is an exploration stage
company engaged principally in the acquisition, exploration, and
development of mineral properties in North America. The Company is
currently advancing its Robinsons River Salt Project comprised of a
total of 942 claims covering 23,500 hectares located approximately
35 linear kms south of the town of Stephenville in the Province of
Newfoundland & Labrador. The Robinsons River Salt Project is
prospective for both salt and hydrogen salt cavern storage. The
Company is also evaluating technologies to efficiently store
hydrogen or energy in salt caverns. The Company is also currently
advancing its Fire Eye Uranium Property in the Athabasca Basin, a
region globally renowned for its uranium deposits.
For further information, investors are
encouraged to review the Company’s filings available at
www.sedar.com.
On Behalf of the Board of
Directors
Paul Sparkes CEO, Vortex Energy Corp.+1 (778)
819-0164info@vortexenergycorp.com
Cautionary Note Regarding
Forward-Looking Statements
Certain statements contained in this press
release constitute forward-looking information. These statements
relate to future events or future performance. The use of any of
the words “could”, “intend”, “expect”, “believe”, “will”,
“projected”, “estimated” and similar expressions and statements
relating to matters that are not historical facts are intended to
identify forward-looking information and are based on the Company’s
current beliefs or assumptions as to the outcome and timing of such
future events. In particular, this press release contains
forward-looking information relating to, among other things, the
Company’s exploration plans at the Project.
Various assumptions or factors are typically
applied in drawing conclusions or making the forecasts or
projections set out in forward-looking information, including, in
respect of the forward-looking information included in this press
release, assumptions regarding the Company’s ability to execute on
its exploration plans, including that it will be successful in
carrying out the planned drilling and that such drilling will yield
the expected information and the desired outcomes.
Although forward-looking information is based on
the reasonable assumptions of the Company’s management, there can
be no assurance that any forward-looking information will prove to
be accurate. Forward-looking information involves known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking information. Such factors include,
among other things, the risk that exploration at the Project does
not proceed in the manner and on the timeline currently
contemplated, or at all; risks inherent in the exploration and
development of mineral deposits, including risks relating to
receiving requisite permits and approvals, changes in project
parameters or delays as plans continue to be redefined, that
mineral exploration is inherently uncertain and that the results of
mineral exploration may not be indicative of the actual geology or
mineralization of a project; and that mineral exploration may be
unsuccessful or fail to achieve the results anticipated by the
Company, including as a result of factors beyond the Company’s
control, such as geological conditions. The forward-looking
information contained in this release is made as of the date
hereof, and the Company not obligated to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Because of the risks, uncertainties and
assumptions contained herein, investors should not place undue
reliance on forward-looking information. The foregoing statements
expressly qualify any forward-looking information contained
herein.
The Canadian Securities Exchange (CSE) has not
reviewed, approved, or disapproved the contents of this press
release.
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