A technical report of Pulsar Helium’s Topaz project in Minnesota has confirmed that the acreage has both commercial concentrations of helium and carbon dioxide (CO2) with no significant environmental or logistical barriers to commercialisation.
Carried out by Sproule International, the report highlighted that one prospect of the Topaz project showed a 44% increase to the previous helium contingent best estimate gross recoverable resource.
A 12,165% increase to the helium prospective best estimate (2U) gross recoverable resource was also said to be noted in the report.
Thomas Abraham-James, President and CEO of Pulsar, said the positive estimations received are “hugely encouraging” ahead of further exploration, which the company has scheduled for Q4 2024.
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