Pulsar Helium Mobilizes Drill Rig and Ancillary Equipment to Site at Topaz Project, Minnesota, USA

Core Insights - Pulsar Helium Inc. has mobilized a drill rig to its Topaz Project in Minnesota, aiming to drill up to ten additional wells to further define the helium-bearing reservoir [1][5][7] Drilling Operations - The first well, Jetstream 3, is expected to commence drilling later this week, with key personnel on-site for oversight [2] - The drilling program will target helium-bearing zones at depths ranging from 1,500 to 3,900 feet (approximately 450 to 1,200 meters), with adjustments based on geological modeling [3] - Operations will be conducted continuously with rotating crews to enhance efficiency and minimize downtime [3] Data Collection and Analysis - Real-time data collection will include gas shows, core samples, and downhole measurements, which will help refine the reservoir model and identify optimal future production sites [4] Project Significance - The mobilization of the drill rig marks a critical phase for the Topaz Project, building on positive results from previous wells and aiming to quantify the helium resource [5] - The Topaz Project is positioned as a first mover in northern Minnesota, with significant helium potential demonstrated by previous drilling results, including a peak gas flow rate of approximately 1.3 million cubic feet per day with 7-8% helium [7]