Silver-Fueled Future: A Cost-Effective Alternative to Platinum in Hydrogen Fuel Cells
The Future of Hydrogen Fuel Cells is Here. Now, it's Affordable Because Silver is Cheaper than Platinum.
by Jon Forrest Little
There have been turning points in history when a new fuel source improved the villagers' lives.
The Industrial Revolution marked a significant shift from wood to coal as the primary energy source during the late 18th century. Coal's higher energy density and availability fueled the growth of steam-powered engines, revolutionizing industries and transportation in the 19th century.
The transition from steam to internal combustion engines gained momentum in the late 19th to early 20th centuries.
The development of the internal combustion engine, primarily fueled by gasoline, became a driving force in the automotive industry, replacing steam-powered vehicles.
Natural gas started gaining prominence as an energy source in the mid-20th century, with increasing use in industrial processes, power generation, and residential heating.
Energy Mix Today
Various Transitions to Net Zero 2030 include an energy mix of 44% clean energy, 38% gas, 12% coal, and 6% nuclear.
The promise of hydrogen fuel cells over gas-powered and electric vehicles.
Hydrogen fuel cell vehicles offer numerous benefits, making them a promising alternative to traditional gasoline vehicles, particularly in heavy-duty applications. These benefits include:
Quick Refueling: Hydrogen fuel cell vehicles can be refueled in a matter of minutes, similar to the refueling experience of gasoline-powered vehicles, addressing the challenge of lengthy recharging times associated with battery-powered electric vehicles.
Extended Driving Range: Hydrogen fuel cell vehicles offer a driving range of around 300 miles on a single fuel tank, providing a comparable range to traditional gasoline vehicles and surpassing the range of many battery-powered electric vehicles.
High Torque: Hydrogen fuel cell vehicles provide substantial power and torque, making them suitable for hauling heavy loads over long distances, offering a versatile solution for various transportation needs beyond cars, including heavy-duty applications.
Quiet Operation: Hydrogen fuel cell vehicles operate quietly, contributing to a peaceful driving experience and reduced noise pollution, particularly in urban environments.
Smaller Thermal Signature: Hydrogen fuel cell vehicles produce a smaller thermal signature, making them stealthier and less detectable, which can be advantageous in military and tactical applications.
Zero Harmful Tailpipe Emissions: Hydrogen fuel cell vehicles produce no harmful tailpipe emissions, emitting only water vapor and warm air, contributing to cleaner and more sustainable transportation.
While fuel cell cars hold immense promise, their widespread adoption has been hindered by a significant price obstacle.
The Problem has been that they were using Platinum meaning Fuel Cell Cars are cost-prohibitive (way too expensive.)
Silver Solves the Problem. Some great news for silver investors and consumers.
Silver is equally effective as Platinum in fuel cell technology and look at the price difference we're talking about.
The top 10 auto manufacturers are going All-in on Hydrogen Fuel Cell Cars
HUGE BREAKTHROUGH Silver Catalysts in Fuel Cells
Substituting costly platinum group metals with silver (more economical)
Researchers at SLAC National Accelerator Lab, Stanford, and Toyota are revolutionizing hydrogen fuel cells by substituting costly platinum group metals with more economical silver. This innovation aims to reduce the cost of manufacturing fuel cells, making them more affordable and practical for widespread use. Silver catalysts are expected to offer a clean, sustainable, and efficient transportation alternative, addressing the challenges associated with traditional gasoline and battery-powered electric vehicles.
The advantages of using silver instead of Platinum in fuel cells include:
Cost Reduction: Silver is more economical than platinum group metals (PGMs), which are traditionally used as fuel cell catalysts. By partially replacing PGMs with silver, the cost of manufacturing fuel cells can be significantly reduced, making them more affordable and practical for widespread use.
Effective Catalyst: The research has shown that silver can be as effective a catalyst in fuel cells as platinum, demonstrating its potential to replace costly platinum while maintaining the performance of the fuel cell.
Simplified Chemical Recipe: Silver as a catalyst has led to a streamlined chemical recipe for applying the catalyst onto the cell's electrodes. This simplification addresses the challenges associated with the complex chemical processes involved in traditional catalyst application methods, making the manufacturing process more efficient and cost-effective.
The use of silver instead of Platinum in fuel cells offers the advantages of cost reduction, effective catalysis, and a simplified chemical application process, contributing to the advancement of fuel cell technology and its potential for widespread adoption.
Summa Silver Plans Drilling at the High-Grade Mogollon Silver-Gold Project, New Mexico
High Priority Targets Below and Along Strike from Proven Mineralized Zones
Vancouver, BC- Summa Silver Corp (“Summa Silver” or the “Company”)(TSXV: SSVR, OTCQX: SSVRF, Frankfurt: 48X) is pleased to announce plans for a winter drill program at its Mogollon Project near Silver City, New Mexico (the “Mogollon Project”). The program is scheduled to begin before the end of November and will consist of 1,500 to 2,000 meters of core drilling across three new targets along the Queen vein.
Key Highlights
High-Potential Targets: Drill holes have been designed to test targets immediately below and along strike from zones of known high-grade mineralization (see attached figures).
Surgical Approach to Continued Discovery: The targets are the result of extensive data compilation efforts which have evolved over several years and are designed to maximize ounce-in-the-ground discovery efficiency.
Size and Scale on the Queen Vein: All holes will represent significant step outs along a strike length of nearly 2 km on the Queen vein.
Drilling Highlights from the Queen Vein So Far+:
MOG22-05: 448 g/t AgEq* over 31 m (129 g/t Ag, 3.88 g/t Au)+
MOG22-10: 640 g/t AgEq* over 9.9 m (306 g/t Ag, 4.26 g/t Au)+
MOG22-16: 433 g/t AgEq* over 23.2 m (134 g/t Ag, 3.66 g/t Au)+
Expanded Exploration Permit In-Hand: To accommodate additional drilling platforms, the Company has been granted an amendment to the current Part 3 Minimal Impact Exploration Permit by the state permitting agency.
+Previously released; see the Company’s press releases dated May 3, 2022, February 1, 2023, and April 20, 2023, respectively.
*Silver equivalent is calculated using US$20/oz Ag, US$1,800/oz Au with metallurgical recoveries of Ag – 90%, Au – 95%. AgEq = (Ag grade x Ag recovery)+((Au grade x Au recovery) x (Au price / Ag price)).
Galen McNamara, CEO, stated: “We are now making final preparations to resume exploration drilling at the Mogollon Project in New Mexico. The targets for this season have been selected with precision and are designed to test the scale of high-grade silver and gold mineralization present in the Queen vein. Our team very much looks forward to resuming drilling as we press forward within this storied American silver district and special part of rural New Mexico.”
About Summa Silver Corp
Summa Silver Corp. is a junior mineral exploration company. The Company owns a 100% interest in the Hughes Project located in central Nevada and the Mogollon Project located in southwestern New Mexico. The high-grade past-producing Belmont Mine, one of the most prolific silver producers in the United States between 1903 and 1929, is located on the Hughes Project. The Mogollon Project is the largest historic silver producer in New Mexico. Both projects have remained inactive since commercial production ceased and neither have seen modern exploration prior to the Company’s involvement.
ON BEHALF OF THE BOARD OF DIRECTORS
“Galen McNamara”
Galen McNamara, Chief Executive Officer
Disclaimer / Disclosure
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.
The Pickaxe & MineralWEALTH is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Pickaxe & MineralWEALTH and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Little does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Pickaxe & MineralWEALTH will not be held liable or responsible for any decisions you make regarding any information discussed herein.