Topaz Project Updates | Pulsar Helium Inc.

Published on: Feb 7, 2024
Author: Editor

Thomas Abraham-James, President & CEO of Pulsar Helium Inc. (TSXV: PLSR, FRA: Y3K) joined us again at this episode of METALS 100 interview to provide an update. Thomas was excited to talk about the drilling plan of the Jetstream #1 appraisal well at the Topaz Helium Project in Minnesota, USA. He also shared with us on Pulsar’s recent completed private placement for over $4 million. At the end of this interview, Thomas touched on the upcoming milestones that investors should follow. For more exclusive coverage, subscribe to our channel, we will keep you updated!

Pulsar Helium Inc. (TSXV: PLSR, FRA: Y3K) is a dedicated explorer and developer of helium, with assets in the USA and Greenland. A global helium shortage has persisted for over 10 years which has impacted its main applications in superconducting magnets, fiber optic cable manufacturing, space launch, leak detection, lifting and diving, to name a few. The price of helium has risen accordingly, with gaseous helium selling for in excess of U$625 per thousand cubic feet, and liquid helium in excess of U$1,000 (for reference, natural gas is approximately U$4). Most of the world’s helium is produced as a byproduct of hydrocarbons, but not Pulsar’s projects. They have ‘primary’ helium projects where helium is the primary economic driver. Pulsar’s flagship project is the Topaz Project in the USA, which has been drilled and flowed a remarkably high 10.5% helium grade (concentrations of 0.3% helium or greater are considered economically viable). Pulsar is taking the first step toward fast tracking Topaz. For more information, please visit the website.

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