Pulsar Helium Announces Promising Pre-Feasibility Results for Tunu Project in East Greenland

Core Insights - Pulsar Helium Inc. has reported a promising independent Pre-Feasibility Study (PFS) confirming the geothermal reservoir potential and helium production opportunity at the Tunu project in East Greenland [1][2][4] Project Overview - The Tunu project is located near Ittoqqortoormiit, with estimated geothermal reservoir temperatures between 80–130°C, driven by conductive faults and fractures [2][6] - The project aims to supply renewable power to the local community while enabling commercial helium extraction, positioning it as a dual clean energy and industrial gas project [2][4] Pre-Feasibility Study Findings - The PFS indicates potential flow rates of up to ~720 m³/hour, sufficient to supply clean energy to Ittoqqortoormiit and provide surplus capacity for helium separation [6][8] - In high-case scenarios, helium recovery could reach ~350 thousand cubic feet (Mcf) per day, making Tunu one of the most prospective primary helium opportunities in Europe [6][8] - Estimated capital expenditures for the project are between USD $20–30 million, highlighting realistic pathways for integrated helium and renewable power production [6][8] Infrastructure Developments - The Governments of Greenland and Denmark are funding a new airport at Ittoqqortoormiit, with construction expected to begin in 2026, which will enhance logistics for Pulsar's future field programs [10][11] - The new airport will provide year-round access to the region, significantly reducing logistical costs and improving the economic outlook for the Tunu project [10][11] Project Progress - Over the past 18 months, Pulsar has advanced Tunu from a conceptual opportunity to a defined project, with early surface exploration revealing helium concentrations as high as 0.8% [11][12] - A passive seismic survey identified low-velocity anomalies indicating fractured reservoirs capable of storing and channeling helium-rich fluids [12][13] Regulatory and Licensing - Pulsar is the first company licensed for helium exploration in Greenland, holding an exclusive Mineral Exploration Licence 2025/101, which provides a long-term foundation for project development [14][18]