Pulsar Helium Mobilizes Drill Rig and Ancillary Equipment to Site at Topaz Project, Minnesota, USA
Pulsar Helium (OTCQB: PSRHF) mobilized a drill rig and ancillary equipment to its Topaz Project in Minnesota with arrival scheduled the week of 14 October 2025. The program plans up to 10 wells, starting with Jetstream #3 later this week, targeting helium-bearing zones at 1,500–3,900 ft (~450–1,200 m).
Operations will run 24 hours with rotating crews and real-time analysis of gas shows, core samples and downhole measurements to refine the reservoir model, confirm continuity between wells, and support future commercial development planning.
Pulsar Helium (OTCQB: PSRHF) ha mobilitato una trivellatrice e attrezzature ausiliarie verso il Topaz Project in Minnesota, con l'arrivo previsto nella settimana del 14 ottobre 2025. Il programma prevede fino a 10 pozzi, a partire da Jetstream #3 entro questa settimana, mirand o a zone ricche di elio a profondità di 1.500–3.900 ft (~450–1.200 m).
Le operazioni si svolgeranno 24 ore su 24 con squadre che ruotano e analisi in tempo reale di gas rilevati, campioni di core e misure in fondo al pozzo per affinare il modello di giacimento, confermare la continuità tra i pozzi e supportare la pianificazione dello sviluppo commerciale futuro.
Pulsar Helium (OTCQB: PSRHF) ha movilizado una plataforma de perforación y equipos auxiliares hacia el Topaz Project en Minnesota, con llegada prevista para la semana del 14 de octubre de 2025. El programa contempla hasta 10 pozos, comenzando con Jetstream #3 más tarde esta semana, con el objetivo de zonas portadoras de helio a profundidades de 1.500–3.900 ft (~450–1.200 m).
Las operaciones se realizarán las 24 horas del día con equipos que rotan y análisis en tiempo real de los espectros de gas, muestras de núcleos y mediciones en el pozo para refinar el modelo del yacimiento, confirmar la continuidad entre los pozos y apoyar la planificación del desarrollo comercial futuro.
Pulsar Helium (OTCQB: PSRHF)는 미네소타의 Topaz Project로 시추 설비와 보조 장비를 이동시켰으며 도착은 2025년 10월 14일 주간으로 예정되어 있습니다. 이 프로그램은 최대 10개의 우물을 계획하고 있으며 이번 주 말 Jetstream #3로 시작하여 깊이 1,500–3,900 ft (~450–1,200 m)의 헬륨 공급대역을 목표로 합니다.
작업은 24시간 운영되며 순환하는 팀과 가스 스펙트럼, 코어 샘플 및 시추 깊이 측정의 실시간 분석을 통해 저류 모델을 정제하고, 우물 간 연속성을 확인하며 향후 상용 개발 계획을 지원합니다.
Pulsar Helium (OTCQB: PSRHF) a mobilisé une foreuse et des équipements annexes vers le Topaz Project dans le Minnesota, avec une arrivée prévue la semaine du 14 octobre 2025. Le programme prévoit jusqu'à 10 puits, en commençant par Jetstream #3 plus tard dans la semaine, ciblant des zones porteuses d'hélium à des profondeurs de 1 500–3 900 ft (~450–1 200 m).
Les opérations fonctionneront 24 heures sur 24 avec des équipes tournantes et une analyse en temps réel des gaz, des échantillons de carotte et des mesures en forage pour affiner le modèle de réservoir, confirmer la continuité entre les puits et soutenir la planification du développement commercial futur.
Pulsar Helium (OTCQB: PSRHF) hat ein Bohrgestell und begleitende Ausrüstung zu ihrem Topaz-Projekt in Minnesota mobilisiert, mit Ankunft voraussichtlich in der Woche vom 14. Oktober 2025. Das Programm sieht bis zu 10 Bohrlöcher vor, beginnend mit Jetstream #3 später in dieser Woche, mit Zielzonen, die Helium bei einer Tiefe von 1.500–3.900 ft (~450–1.200 m) tragen.
Die Operationen werden rund um die Uhr laufen, mit rotierenden Teams und Echtzeitanalyse von Gasaufkommen, Kernproben und Bohrlochmessungen, um das Reservoarmodell zu verfeinern, die Kontinuität zwischen den Bohrlöchern zu bestätigen und die zukünftige kommerzielle Entwicklungsplanung zu unterstützen.
Pulsar Helium (OTCQB: PSRHF) حركت منصة حفر ومعدات مساعدة إلى مشروع Topaz في ولاية Minnesota، مع وصول مقرر في أسبوع 14 أكتوبر 2025. يخطط البرنامج حتى عشرة آبار، بدءاً من Jetstream #3 في وقت لاحق من هذا الأسبوع، مستهدفاً مناطق تتمتع بوجود الهيليوم عند أعماق 1,500–3,900 قدم (~450–1,200 م).
ستعمل العمليات على مدار 24 ساعة مع فرق دوارة وتحليل فوري لعرض الغازات وعينات لب وقياسات في أسفل البئر من أجل تحسين نموذج الخزان، والتأكد من الاستمرارية بين الآبار، ودعم التخطيط لتطوير تجاري مستقبلي.
Pulsar Helium (OTCQB: PSRHF) 已向明尼苏达州的 Topaz 项目调集了一台钻机及辅助设备，预计在 2025 年 10 月 14 日所在周到达。该计划最多涉及 10 口井，将于本周晚些时候从 Jetstream #3 开始，目标深度为 1,500–3,900 ft（约 450–1,200 m）的氦气含区。
作业将 24 小时不间断进行，轮换班组并对气体变化、岩心样品和井下测量进行实时分析，以完善油气藏模型、确认井间连续性并支持未来商业开发规划。
- Drill rig mobilized to Topaz on 14 Oct 2025
- Program plans up to 10 wells targeting helium zones
- Target depths defined: 1,500–3,900 ft (~450–1,200 m)
- 24-hour operations with real-time data analysis
- None.
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CASCAIS, Portugal, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a leading helium exploration and development company, is pleased to announce that the drill rig and supporting equipment has been mobilized and is due to arrive at the Company’s flagship Topaz Project in Minnesota, USA this Wednesday. Up to ten additional wells are to be drilled, with the campaign designed to further define the geometry, extent, and productivity of the helium-bearing reservoir identified in previous drilling and flow-testing campaigns.
Drilling of the first well, Jetstream #3, is anticipated to commence later this week. Pulsar personnel, including the Company’s President & CEO, Chief Financial Officer, and Operations Manager, are on site overseeing final preparations.
The program will comprise up to ten wells targeting helium-bearing zones at depths between 1,500 to 3,900 feet (~450 to 1,200 metres). Drill depths will be refined based on geological modelling to ensure complete penetration of the reservoir at each location. Operations will run on a continuous 24-hour basis using rotating crews to maximize efficiency and minimize downtime.
Data collected throughout the campaign, including gas shows, core samples, and downhole measurements, will be analyzed in real time. These results will enable Pulsar to refine its reservoir model, confirm continuity between well locations, and identify optimal sites for future production infrastructure.
Thomas Abraham-James, President & CEO of Pulsar, commented:
“The mobilization of the drill rig signals the start of an exciting new phase at Topaz. Building on the strong results from Jetstream #1 and #2, this next program is critical in confirming the scale of Minnesota’s helium potential. Each well will bring us closer to quantifying the resource, advancing Topaz toward commercial development, and reinforcing Pulsar’s role in strengthening U.S. helium supply chains.”
About the Rig
The wells will be drilled by Timberline Drilling Inc., using a Christensen CT20 that has a drilling depth capacity of 8,000 feet (2,435 meters). The Christensen CT20 is safe, ergonomic and environmentally friendly. The rig is an ideal choice for surface core drilling anywhere in the world. Available with truck or crawler mounted versions, the Christensen CT20 can easily be transported and maneuvered.
About the Topaz Project
The Topaz project is located in northern Minnesota, USA, where Pulsar is the first mover and holds exclusive leases. Drilling at the Jetstream #1 appraisal well reached a total depth (“TD”) of 5,100 feet (1,555 meters) in January 2025, successfully penetrating the entire interpreted helium-bearing reservoir and beyond. Drilling of the Jetstream #2 appraisal well was completed on February 1, 2025, reaching a TD of 5,638 feet (1,718 meters). In August 2025, the Jetstream #1 well was successfully flow-tested using a wellhead compressor, delivering a peak gas flow rate of approximately 1.3 million cubic feet per day with a sustained flow of 7–
On behalf Pulsar Helium Inc.
“Thomas Abraham-James”
President, CEO and Director
Further Information:
Pulsar Helium Inc.
connect@pulsarhelium.com
+ 1 (218) 203-5301 (USA/Canada)
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https://pulsarhelium.com
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About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of the London Stock Exchange and listed on the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Qualified Person Signoff
In accordance with the AIM Note for Mining and Oil and Gas Companies, the Company discloses that Thomas Abraham-James, President, CEO and Director of the Company has reviewed the technical information contained herein. Mr. Abraham-James has approximately 20 years in the mineral exploration industry, is a Chartered Professional Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM CP (Geo)), a Fellow of the Society of Economic Geologists and a Fellow of the Geological Society of London.
Forward-Looking Statements
This news release contains forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to the statements regarding bringing the Topaz project to production, anticipated full plant construction contract in 2026, final investment decision being made in 2026, the potential impact of the drill results, flow testing and pressure testing on the next iteration of the resource estimate; the potential of CO2 as a valuable by-product of the Company’s future helium production; and the potential for future wells. Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, the Company's capital cost estimates, management's expectations regarding the availability of capital to fund the Company's future capital and operating requirements and the ability to obtain all requisite regulatory approvals.
No reserves have been assigned in connection with the Company's property interests to date, given their early stage of development. The future value of the Company is therefore dependent on the success or otherwise of its activities, which are principally directed toward the future exploration, appraisal and development of its assets, and potential acquisition of property interests in the future. Un-risked Contingent and Prospective Helium Volumes have been defined at the Topaz Project. However, estimating helium volumes is subject to significant uncertainties associated with technical data and the interpretation of that data, future commodity prices, and development and operating costs. There can be no guarantee that the Company will successfully convert its helium volume to reserves and produce that estimated volume. Estimates may alter significantly or become more uncertain when new information becomes available due to for example, additional drilling or production tests over the life of field. As estimates change, development and production plans may also vary. Downward revision of helium volume estimates may adversely affect the Company's operational or financial performance.
Helium volume estimates are expressions of judgement based on knowledge, experience and industry practice. These estimates are imprecise and depend to some extent on interpretations, which may ultimately prove to be inaccurate and require adjustment or, even if valid when originally calculated, may alter significantly when new information or techniques become available. As further information becomes available through additional drilling and analysis the estimates are likely to change. Any adjustments to volume could affect the Company's exploration and development plans which may, in turn, affect the Company's performance. The process of estimating helium resources is complex and requires significant decisions and assumptions to be made in evaluating the reliability of available geological, geophysical, engineering, and economic date for each property. Different engineers may make different estimates of resources, cash flows, or other variables based on the same available data.
Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward- looking statements. Such risks and uncertainties include, but are not limited to, that Pulsar may be unsuccessful in drilling commercially productive wells; the uncertainty of resource estimation; operational risks in conducting exploration, including that drill costs may be higher than estimates ; commodity prices; health, safety and environmental factors; and other factors set forth above as well as risk factors included in the Company’s Annual Information Form dated July 31, 2025 for the year ended September 30, 2024 found under Company’s profile on www.sedarplus.ca.
Forward-looking statements contained in this news release are as of the date of this news release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. No assurance can be given that the forward-looking statements herein will prove to be correct and, accordingly, investors should not place undue reliance on forward-looking statements. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
FAQ
When did Pulsar Helium (PSRHF) mobilize the drill rig to Topaz Project?
How many wells will Pulsar Helium (PSRHF) drill at Topaz and what are the target depths?
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