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QIMC identifies multi-gas system with helium, hydrogen, and wet gas in Nova Scotia's New Salem-Apple River area

Market News
07 Oct 2026
Newsfile Corp
View Source
Bullish
QIMC identifies multi-gas system with helium, hydrogen, and wet gas in Nova Scotia's New Salem-Apple River area

Québec Innovative Materials Corp. (QIMC) announced results from its 2026 New Salem-Apple River program in Nova Scotia, revealing a multi-gas system including helium, clean natural hydrogen, and thermogenic wet gas. The company identified a sedimentary sub-basin as a potential new gas source and linked this gas corridor to its existing hydrogen discoveries. This conventional gas system requires no hydraulic fracturing, aligning with QIMC's sustainable exploration approach. Next steps include a 2D seismic survey to image subsurface structures and further exploration to confirm resource potential.

The QIMC announcement on its New Salem-Apple River program in Nova Scotia is presented here with Pluang's Energy sector market data as of Oct 07, 2026 17:42 WIB. Of 38 priced US Energy-sector stocks tradable on Pluang, 20 rose and 12 fell today. Notable movers include TDW at USD 83.26 with a 1-day change of +1.45%, RUN at USD 7.70 down 0.90%, and LEU at USD 152.50 down 0.90% with Pluang order activity showing 11% Sell and 89% Buy. The typical hold time on Pluang ranges from 15 to 29 days.

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