Proactive’s Post

Helium One well test a 'big step forward', says investment bank @Heliumone1 #AIM #OTCQB #HE1 #HLOGF. Helium One Global Ltd's (AIM:HE1, OTCQB:HLOGF) latest test of its Tanzania well feels like a "big step towards demonstration of commerciality", said Panmure Liberum in a note. Itumbula West-1 (ITW-1) flowed at a maximum rate of 2,701 barrels per day, equating to 834 standard cubic feet per day (scf/d) of helium. The company’s internal modelling suggests the rate could increase to 6,176 scf/d using artificial lift in future production phases. ITW-1 yielded helium from two key intervals: the fractured basement interval, which yielded an average of 5.5% helium,... http://ow.ly/s59b105HK5N

Voyager CBD #VOY - M3 Helium has commenced drilling of its 6th vertical well. ✅The Carter 2 well is being drilled at M3 Helium’s Hugoton North Play project. The rig is already on site. ✅ Costs expected to be at least 10% budgeted $300k due to M3 Helium being able to move quickly & secure a rig locally. ✅Paid for out of proceeds of $500k loan provided by Voyager to M3 Helium Nick Tulloch: "..to be able to commence activities in under a week surpasses our own expectations and I hope illustrates the near term opportunity that we have..." read: https://lnkd.in/efYSVVe8

Bradda Head reports lithium shows in new San Domingo target @BraddaLithium #AIM #OTC #TSXV #BHL #BHLIF #BHLI. Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI) has recorded lithium shows from channel samples at a new target on its San Domingo pegmatite project in central Arizona. Two prospects at the Dragon target indicated 8.8m of 0.97% Lithium Oxide (Li2O) and 10.40 meters of 0.68% Li2O on the same pegmatite. Elevated caesium (Cs) was also consistently present and elevated in the channel and rock chip samples, with Cs an important element for the US Department of Energy (DOE). Drill hole permitting has now started at Dragon for up to 40 sites to test... http://ow.ly/YHL6105HuyG

In a new article, Tim Rynott of Four Corners Helium, LLC and Dr David Gonzales of Fort Lewis College discuss the ongoing debate in the helium industry regarding the balance between sourcing helium directly and employing sealing technology to manage its use. The discussion emphasizes the need for innovative solutions to ensure a reliable helium supply while addressing sustainability and efficiency issues in its usage. Read in full here: https://bit.ly/4fb7DxL #helium #heliummining

Blue Star Helium Limited Helium (ASX: BNL; OTCQB: BSNLF) has started site works at its Galactica project and expects drilling to start, subject to weather, in mid-January 2025 at Jackson #31 followed by drilling at Jackson #04 with a further three approved wells scheduled for this campaign. Find out more: https://lnkd.in/gYKde8bg #BNL #BSNLF #bluestarhelium #GalacticaPegasus #ASX #OTCQB #BSNLF #helium

Sproule has completed an independent resource evaluation for Pulsar Helium Inc. ’s Topaz Project. Our independent evaluation has confirmed significant material changes since our 2022 report, including the successful drilling of the Jetstream #1 well, which revealed a fractured reservoir with high concentrations of helium and carbon dioxide.   Key points include: -Enhanced estimates for both Contingent and Prospective helium and CO2 resources. -The Jetstream #1 well demonstrated a maximum measured absolute open flow rate of 821 Mcf/d with 8.7-14.5% helium and 62-74% CO2. Pulsar Helium is also pursuing dual listing on the London Stock Exchange’s AIM market, targeting completion by the end of October 2024. For more detailed information, visit the website:  🔗 https://lnkd.in/dcb7HQBy #Helium #EnergySector #ResourceEvaluation #SprouleExpertise #Pulsar #TopazProject

Helium Evolution updates helium discovery south of Mankota drilled with partner North American Helium. #saskatchewan #helium #oilandgas https://lnkd.in/dX4RmMmZ

Helium One reports on its exciting and transformational year as projects advance @Heliumone1 #AIM #OTCQB #HE1 #HLOGF. Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has recapped what chair James Smith described as “a very exciting and significant” year, as the helium company reported its audited financial results for the year ending June 30. Chief executive Lorna Blaisse, meanwhile, said it was a “transformational” year. It comes as Helium One is advancing its helium discoveries in Tanzania, as well as expanding in America with its new venture in Colorado. During the reporting period, Helium One completed its Phase II drilling campaign, which included the Tai-3... http://ow.ly/xhtb105PnEb

Pulsar Helium Inc., a TSX Venture Exchange and OTC-listed company, is making significant strides in developing its helium project in Minnesota. CEO Thomas Abraham-James recently shared updates on the company's progress, confirming the discovery of high helium concentrations up to 14.5%, well above the economic threshold of 0.3%. 'The company is capitalizing on an initial discovery by mineral explorers, which identified gas with high helium content while searching for nickel,' Abraham-James said. Drilling and testing activities have verified the presence of helium with no associated water and favorable flow rates. Pulsar Helium plans to update resource estimates, conduct deeper and lateral drilling to identify additional gas zones, and perform a preliminary economic assessment. The project's strategic location in the USA positions the company favorably to meet the increasing global demand for helium, a critical resource for high-tech industries like space launches, MRI scanners, and semiconductors. Abraham-James emphasized the importance of securing a stable domestic supply of helium, particularly in light of the global shortage exacerbated by declining U.S. output. @pulsarhelium #helium #energyresources

Resouro (ASX: RAU; OTCQB: RSGOF; TSXV: RSM; FSE: 8TX) has signed a Memorandum of Understanding (MOU) with key institutions in the Brazilian state of Minas Gerais to fast track its large-scale Tiros Titanium and Rare Earths Project. Find out more about this latest milestone for the company👇 https://lnkd.in/gbavMAcs #RAU #tsxv #RSM #rareearths #titanium #criticalminerals