Triple Point Resources Ltd. Assessment Confirms Larger than Expected Hydrogen Storage Potential of Fischell Salt Dome
St. John's, Newfoundland--(Newsfile Corp. - June 8, 2023) - Triple Point Resources Ltd. ("Triple Point" or the "Company"), a leading provider of clean energy underground storage solutions, is pleased to announce the successful completion of the Phase 1 Dome Assessment for its 100% owned Fischell Salt Dome, located 30 km south of Stephenville on the west coast of Newfoundland.
- The assessment, conducted by RESPEC, a global expert in hydrogen salt caverns, confirms that Fischell property contains a massive Gulf Coast Style salt dome, different from common bedded salt formations.
- Fischell's Dome offers the potential to store more than 35 million cubic meters of hydrogen, or the equivalent of 180,000 tonnes of hydrogen.
- This makes the Fischell asset much larger than expected and the largest known dome on the east coast of North America.
- "The Phase 1 Dome assessment results are incredibly exciting for us," said Julie Lemieux, CEO of Triple Point Resources.