Pulsar Helium, Inc. ( (TSE:PLSR) ) just unveiled an announcement.
Pulsar Helium Inc. has successfully completed drilling the Jetstream #2 appraisal well at its Topaz Project in Minnesota, revealing promising helium concentrations. This operation, which reached a depth of 5,638 feet, encountered elevated helium values over a vertical thickness of 3,178 feet, enhancing the project’s resource potential. The completion of Jetstream #2 and the deepening of Jetstream #1 are pivotal for Pulsar as they advance toward addressing the growing global helium demand. Further testing and data collection will refine the understanding of the reservoir’s properties, with results expected to impact the company’s strategy and market positioning significantly.
More about Pulsar Helium, Inc.
Pulsar Helium Inc. is a publicly traded company involved in helium project development, listed on various exchanges including the AIM market of the London Stock Exchange, the TSX Venture Exchange, and OTCQB. The company’s main focus is its Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland, where it is a pioneer in identifying primary helium occurrences not linked to hydrocarbon production.
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Technical Sentiment Consensus Rating: Strong Sell
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