Core Viewpoint - Pulsar Helium Inc. has successfully interpreted data from a passive seismic survey at the Kap Tobin prospect in Greenland, indicating potential for helium and geothermal energy production [1][2][3] Exploration Achievements - The passive seismic survey identified two main low velocity anomaly zones, correlating with surface observations of hydrothermal activity and gas emissions containing up to 0.8% helium at depths of 50-200 meters [1][6] - Previous sampling in 2022 revealed helium concentrations between 0.36-0.82% from hot springs at Kap Tobin [5] Strategic Significance - Helium is classified as a critical raw material by the European Union, and Greenland's partnership in this initiative enhances the strategic importance of the Tunu Project [3] - The potential for a combined helium and geothermal energy operation is being assessed, which could provide an alternative power source for the nearby settlement of Ittoqqortoormiit [3] Reservoir Potential - The survey results suggest promising indications of helium-bearing reservoirs, with identified low-velocity zones potentially indicating pathways for helium migration and accumulation [4][6] Next Steps - The company plans to integrate the seismic results with existing geological and geochemical data to refine exploration models and identify optimal drilling locations [7] - Pulsar is also assessing potential strategic partners to advance the Tunu Project while focusing on helium production at its Topaz Project in Minnesota, USA [7] Licensing and Regulatory Status - The Tunu Project includes an exclusive Special Mineral Exploration Licence and a Non-Exclusive Mineral Prospecting Licence, with an application for a new exclusive exploration licence currently showing approval status [8]
Pulsar Helium Announces Successful Completion of Passive Seismic Survey at the Tunu Project in Greenland