Pulsar Helium Initiates Significant Drilling at Topaz Project

Pulsar Helium Commences Drilling at Jetstream #2

Pulsar Helium Inc. is excited to announce the initiation of drilling for the Jetstream #2 appraisal well at the Topaz Project. This significant development marks another step in the company’s efforts to bolster helium production in the region. The drilling commenced early in the morning, aiming to reach a depth of approximately 5,000 feet (1,524 meters) by the end of the month.

Objectives of the Jetstream #2 Well

The Jetstream #2 well is strategically located to provide vital data on key reservoir properties such as porosity and permeability. This data will play a crucial role in enhancing resource estimation and future production modeling. Following the completion of drilling, the company will carry out down-hole wireline log collections and employ optical televiewer technology to gain deeper insights into both the Jetstream #1 and Jetstream #2 wells.

Flow Testing and Monitoring Plans

Upon finishing the drilling operation, Pulsar Helium intends to conduct flow testing and pressure build-up monitoring for both appraisal wells in early March. This testing will follow a stabilization period post-drilling, ensuring accurate assessments of the reservoirs' capabilities.

Recent Achievements in the 2025 Drill Program

As part of its continuous effort to expand its helium resources, the company recently deepened the Jetstream #1 appraisal well, achieving a total depth of 5,100 feet (1,555 meters). Through this endeavor, Pulsar Helium encountered significant mud log gas levels with helium content reaching up to 7.24%. These promising results come during a rotary air drilling method, where samples are affected by atmospheric air dilution; hence, unaffected samples will be collected for laboratory analysis at a later stage.

Significance of Jetstream #1

During its earlier phase, Jetstream #1 reached a notable total depth of 2,200 feet (671 meters), revealing exceptional helium concentrations of 14.5%. Such values substantially exceed the accepted economic threshold of 0.3%. Additionally, high CO2 concentrations, over 70%, are anticipated to significantly enhance the project’s economic viability.

Pulsar's Commitment to Helium Production

This recent progression in drilling at the Topaz Project reinforces Pulsar’s commitment to meeting the growing global demand for helium. The successful deepening of Jetstream #1 directly aligns with factors derived from recent surveys, past drilling operations, and in-situ testing data. The insights gathered will facilitate the targeted exploration of the helium reservoir.

About Pulsar Helium Inc.

Pulsar Helium Inc. is firmly established on the AIM market of the London Stock Exchange and the TSX Venture Exchange, operating under the ticker symbols PLSR and PSRHF on OTCQB. The company boasts a robust portfolio, with prominent projects such as the Topaz helium project in Minnesota and the Tunu helium project in Greenland. Being the first mover in these locations, Pulsar has identified primary helium occurrences independent of hydrocarbon production.

Frequently Asked Questions

What is Pulsar Helium's current drilling project?

Pulsar Helium recently commenced drilling on the Jetstream #2 appraisal well at the Topaz Project.

What are the expected outcomes of the Jetstream #2 well?

The drilling aims to gather crucial data on reservoir properties, which will help in resource estimation and production planning.

How deep is the Jetstream #2 appraisal well planned to be?

The Jetstream #2 well is planned to reach a total depth of approximately 5,000 feet (1,524 meters).

What significant discoveries were made at Jetstream #1?

Jetstream #1 encountered helium concentrations of up to 14.5%, far exceeding the economic threshold, alongside high CO2 concentrations.

Where can I find more information about Pulsar Helium Inc.?

For further information, visit Pulsar Helium’s official website.

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