Strategic Collaboration to Unlock Helium and Potash Potential

Grand Gulf Energy Ltd (ASX: GGE) has signed a non-binding Memorandum of Understanding (MoU) with TSXV-listed Sage Potash Corp to jointly explore the Red Helium Project in Utah’s Paradox Basin. This agreement aims to leverage synergies between Grand Gulf’s helium exploration and Sage Potash’s mineral rights within an Area of Mutual Interest (AMI). The MoU outlines shared funding for a 3D seismic survey and potential co-development of infrastructure and drilling operations targeting both helium and potash. Notably, Grand Gulf’s Jesse-1A well has already demonstrated commercial-grade helium, enhancing the project's promise. The partnership is expected to significantly reduce exploration and development costs. At the same time, Grand Gulf is actively advancing its application for a game-changing oil and gas exploration block located offshore Namibia. This collaboration reflects a strategic move to maximize resource extraction efficiencies while accelerating development timelines through cooperative planning and infrastructure sharing.

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