- Pulsar Helium (TSXV:PLSR) is sharing high-grade lab results from its 100 per cent owned Topaz helium project in Minnesota, establishing it as a top asset among publicly traded helium explorers
- Demonstrated grades between 8.7-14.5 per cent, coupled with yields up to 821,000 cubic feet per day, make Topaz’s Jetstream No. 1 well one of the most prospective in the world
- Pulsar is a helium exploration company with properties in Greenland and Minnesota in the United States
- Pulsar Helium stock has added 234.48 per cent since inception in August 2023
Pulsar Helium (TSXV:PLSR) is sharing high-grade lab results from its 100 per cent owned Topaz helium project in Minnesota, establishing it as a top asset among publicly traded helium explorers.
Independent laboratory analysis released Monday found helium content in Topaz’s Jetstream No. 1 well to be in between 8.7-14.5 per cent. In combination with a previously announced yield of up to 821,000 cubic feet per day over five flow tests, these figures make the well one of the most attractive in the world.
Later this year, Pulsar will drill additional targets in and around Jetstream No. 1 backed by seismic surveys, airborne gravity gradiometry, as well as pressure data that management believes to suggest “the presence of significant volumes of gas,” according to Monday’s news release.
According to Pulsar’s latest investor presentation, the price of helium has risen by more than 600 per cent since 2000 thanks to its essential uses in semiconductors, fiber optics, MRI machines, hard drives, spacecraft and more. The global market for the gas is expected to grow steadily through the decade from US$4.6 billion in 2023 to US$6.1 billion in 2030.
About Pulsar Helium
Pulsar is a helium exploration company with properties in Greenland and Minnesota in the United States. The microcap stock is a first mover in both locations, each boasting primary helium occurrences not associated with hydrocarbon production.
Pulsar Helium stock (TSXV:PLSR) is up by 9.41 per cent trading at C$0.93 per share as of 11:22 am ET. The stock has added 234.48 per cent since inception in August 2023.
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(Top photo of helium flowing at surface from Pulsar Helium’s Jetstream No. 1 well: Pulsar Helium)