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Pulsar Helium Extends Topaz Footprint With New Pressurized Gas Hit at Jetstream #6

Story Highlights
  • Pulsar’s Jetstream #6 well at Topaz intersected shallow pressurized gas, reinforcing a 100% success rate.
  • Ongoing drilling and upcoming flow tests aim to refine Topaz’s resource model and cement its role as Pulsar’s core asset.
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Pulsar Helium Extends Topaz Footprint With New Pressurized Gas Hit at Jetstream #6

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An update from Pulsar Helium, Inc. ( (TSE:PLSR) ) is now available.

Pulsar Helium has reported that its Jetstream #6 appraisal well at the Topaz helium project in Minnesota has intersected a shallow pressurized gas zone at about 1,287 feet, with visible gas inflow and a preliminary bottom-hole pressure of roughly 576 psi. The well, located 1.3 miles southwest of the original Jetstream #1 discovery, reinforces a 100% success rate for all six Jetstream wells in encountering pressurized gas and extends the project’s footprint.

Around-the-clock HQ core drilling continues at Jetstream #6 toward a target depth of 3,000–5,000 feet, aimed at maximizing geological data recovery to refine the project’s subsurface model. Pulsar is also preparing an extended flow and pressure build-up testing program for Jetstream #3 and #4, with gas samples to be analyzed in a laboratory and further tests on later wells after the current drilling wraps up, supporting resource appraisal and strengthening Topaz’s position as the core asset in its helium-focused portfolio.

More about Pulsar Helium, Inc.

Pulsar Helium Inc. is a publicly traded primary helium company listed on AIM in London, the TSX Venture Exchange in Canada and the OTCQB in the U.S. Its portfolio includes the flagship Topaz helium project in Minnesota, the Falcon project in Michigan and the Tunu project in Greenland, where it is a first mover in identifying primary helium occurrences not linked to hydrocarbons. The company targets high-value industrial and specialty gas markets, including potential upside from helium-3 and carbon dioxide at Topaz.

See more insights into PLSR stock on TipRanks’ Stock Analysis page.

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