Pulsar Provides an Update for Operational Activities Currently Underway at the Topaz and Tunu Helium Projects
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) has provided an operational update for its Topaz project in Minnesota and Tunu project in Greenland. At Topaz, a 20.4km 2D seismic survey began on August 8th, expected to complete mid-August. This survey follows a successful seismic sweep that identified a helium-bearing zone. The data will be used to update the subsurface 3D model and assist in placing step-out appraisal wells from Jetstream #1.
At Tunu, a passive seismic survey commenced on August 6th at the Kap Tobin prospect. Three arrays are planned, anticipated to be completed in September. This survey will provide the first sub-surface dataset for Tunu, where migratory primary helium and a potential geothermal heat source have been identified.
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) ha fornito un aggiornamento operativo per il suo progetto Topaz in Minnesota e il progetto Tunu in Groenlandia. Al Topaz, un sopralluogo sismico 2D di 20,4 km è iniziato l'8 agosto, con completamento previsto a metà agosto. Questo sondaggio segue un'analisi sismica di successo che ha identificato una zona ricca di elio. I dati saranno utilizzati per aggiornare il modello 3D del sottosuolo e assistere nella localizzazione dei pozzi di valutazione di step-out da Jetstream #1.
Per Tunu, un sopralluogo sismico passivo è iniziato il 6 agosto presso il prospetto di Kap Tobin. Sono previsti tre array, con completamento anticipato nel mese di settembre. Questo sondaggio fornirà il primo set di dati sub-superficiali per Tunu, dove sono stati identificati migrazioni di elio primario e una potenziale fonte di calore geotermico.
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) ha proporcionado una actualización operativa para su proyecto Topaz en Minnesota y el proyecto Tunu en Groenlandia. En Topaz, un estudio sísmico 2D de 20,4 km comenzó el 8 de agosto, y se espera que finalice a mediados de agosto. Este estudio sigue a una exploración sísmica exitosa que identificó una zona con helio. Los datos se utilizarán para actualizar el modelo 3D del subsuelo y ayudar en la colocación de pozos de evaluación de step-out del Jetstream #1.
En Tunu, un estudio sísmico pasivo comenzó el 6 de agosto en el prospecto de Kap Tobin. Se planean tres arreglos, que se anticipa se completarán en septiembre. Este estudio proporcionará el primer conjunto de datos subterráneos para Tunu, donde se han identificado migraciones de helio primario y una posible fuente de calor geotérmico.
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF)는 미네소타의 Topaz 프로젝트와 그린란드의 Tunu 프로젝트에 대한 운영 업데이트를 제공했습니다. Topaz에서 20.4km 2D 지진 조사가 8월 8일에 시작되어 8월 중순에 완료될 것으로 예상됩니다. 이 조사는 헬륨이 포함된 구역을 확인한 성공적인 지진 탐사에 따라 진행됩니다. 이 데이터는 지하 3D 모델을 업데이트하고 Jetstream #1에서 스텝 아웃 감정용정을 배치하는 데 도움이 될 것입니다.
Tunu에서 수동 지진 조사가 8월 6일 Kap Tobin 탐사 지역에서 시작되었습니다. 세 개의 배열이 계획되어 있으며, 9월에 완료될 것으로 예상됩니다. 이 조사는 Tunu의 첫 번째 지하 데이터 세트를 제공하며, 이곳에서는 이동하는 헬륨과 잠재적인 지열 열원도 식별되었습니다.
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) a fourni une mise à jour opérationnelle pour son projet Topaz dans le Minnesota et le projet Tunu au Groenland. Au Topaz, une étude sismique 2D de 20,4 km a commencé le 8 août, avec une finalisation prévue à la mi-août. Cette étude fait suite à un balayage sismique réussi qui a identifié une zone riche en hélium. Les données seront utilisées pour mettre à jour le modèle 3D du sous-sol et aider à la localisation des puits d'évaluation step-out de Jetstream #1.
Pour Tunu, une étude sismique passive a débuté le 6 août au prospect Kap Tobin. Trois réseaux sont prévus, avec une finalisation anticipée en septembre. Cette étude fournira le premier ensemble de données sous-surface pour Tunu, où des migrations d'hélium primaire et une source de chaleur géothermique potentielle ont été identifiées.
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) hat ein Betriebsupdate für sein Topaz-Projekt in Minnesota und sein Tunu-Projekt in Grönland bereitgestellt. Im Topaz-Projekt begann am 8. August eine 20,4 km lange 2D-Seismikstudie, die voraussichtlich Mitte August abgeschlossen sein wird. Diese Untersuchung folgt auf eine erfolgreiche seismische Untersuchung, die eine heliumhaltige Zone identifiziert hat. Die Daten werden zur Aktualisierung des 3D-Substanzmodells genutzt und helfen, die Step-Out-Bewertung Bohrungen von Jetstream #1 zu platzieren.
Im Tunu-Projekt wurde am 6. August eine passive Seismik-Studie am Kap Tobin-Projekt gestartet. Es sind drei Arrays geplant, die voraussichtlich im September abgeschlossen sein werden. Diese Untersuchung wird den ersten Untergrund-Datensatz für Tunu liefern, wo migratorisches primäres Helium und eine potenzielle geothermische Wärmequelle identifiziert wurden.
- Commencement of 20.4km 2D seismic survey at Topaz project
- Successful identification of helium-bearing zone in previous seismic sweep
- Initiation of passive seismic survey at Tunu project
- Identification of migratory primary helium at Kap Tobin prospect
- None.
CASCAIS, Portugal, Aug. 13, 2024 (GLOBE NEWSWIRE) --
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) (“Pulsar” or the “Company”), provides an operational update for its Topaz project in Minnesota, and Tunu project in Greenland. At Topaz, acquisition of a 20.4km (12.7 mile) long 2D seismic line has commenced, and at Tunu the passive seismic survey is underway.
Topaz
Data acquisition for the 20.4km (12.7 mile) 2D seismic survey began on August 8th at the Topaz project in Minnesota, USA. The 2D seismic line was commissioned after the successful seismic sweep survey (refer to Pulsar news release dated July 9, 2024) that identified a seismic reflector at a depth coincident with the helium-bearing zone encountered in Jetstream #1 and as a result demonstrating that this method is an efficient exploration tool. The 2D seismic survey acquisition is expected to complete mid-August, which will then undergo processing and interpretation.
The 2D seismic line is expected to provide high-resolution structural data and will be used to complement and update the current subsurface 3D model. The survey utilises existing road access, in a nominal E-W orientation, and passes within 460 metres (1,509 feet) to the south of the Jetstream #1 appraisal well. The combination of this data with the existing dataset will be used to assist the placement of step out appraisal wells from Jetstream #1.
The updated Topaz resource estimation being conducted by Sproule International Ltd is near completion and anticipated to be received in August.
Tunu
Field activities are underway for the 2024 field season at the Tunu project, Greenland. The first array of passive seismic survey nodes was deployed on August 6th, at the Kap Tobin prospect in the south of the licence area. A total of three passive seismic arrays are planned and anticipated to be completed in September and then sent for processing and interpretation. The passive seismic survey will provide the first sub-surface dataset for the Tunu project.
Migratory primary helium (not associated with hydrocarbons) was identified by the Company at Kap Tobin, in addition to a potential geothermal heat source. There are multiple un-tested hot springs within the project area that provide a favourable sample medium for gases from depth, emanating at surface.
Passive seismic, formally referred to as ambient noise tomography, is a cost effective and non-invasive geophysical method employing background seismic noise, generated by human activities or natural sources, to generate 3D maps of subsurface structures. Through analyzing the variations in ambient noise propagation, geoscientists can measure details about the 3D velocity variation and properties of geological bodies.
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company listed on the TSX Venture Exchange with the ticker PLSR and on the OTCQB with the ticker PSRHF. Pulsar’s portfolio consists of its flagship Topaz helium project in Minnesota, USA, that has been drilled and flowed up to
On behalf Pulsar Helium Inc.
“Thomas Abraham-James”
President, CEO and Director
Further Information:
Thomas Abraham-James President,
CEO and Director Pulsar Helium Inc.
connect@pulsarhelium.com
+ 1 (604) 599-0310
Neither 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.
This news release includes certain statements that may be deemed to be forward-looking information under applicable Canadian securities legislation (together, the "forward-looking statements") that relate to the Company’s current expectations and view 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 "believe", "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "potential" and similar expressions) are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to the timing of completion of the 2D seismic line at Topaz; the expected number of passive seismic arrays at Tunu and the expected timing of completion of such seismic arrays; and the anticipated timing of receipt of the updated resource estimate at Topaz. Forward-looking statements are necessarily based on estimates and assumptions made by management of the Company in light of our experience and perception of historical trends, current conditions and expected future developments, as well as the factors we believe are appropriate. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Accordingly, investors should not place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are as of the date of this news release and, other than as required under applicable securities legislation, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Please see the public filings of the Company at www.sedarplus.ca for further information.
FAQ
What is the status of Pulsar Helium's 2D seismic survey at the Topaz project?
When did Pulsar Helium (PSRHF) start the passive seismic survey at the Tunu project?
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