Pulsar Helium Reports Additional High-Pressure Gas Zones Encountered at Jetstream #6, Topaz Helium Project, USA

Core Viewpoint - Pulsar Helium Inc. has reported significant progress in its Jetstream 6 appraisal well at the Topaz Project in Minnesota, encountering three additional pressurized gas zones with bottom-hole pressures exceeding 1,000 psi, indicating promising helium exploration potential [3][4][8]. Drilling Operations - The Jetstream 6 well is being drilled to a total depth of approximately 3,000 feet, with drilling operations ongoing [5][6]. - Gas was observed bubbling through drilling fluids at the surface, confirming the presence of pressurized gas in the intersected intervals [4]. Appraisal Program - Following the completion of Jetstream 6, the drilling rig will move to the Jetstream 7 location, which is about 2.2 miles northwest of the Jetstream 1 discovery well, also targeting a depth of approximately 3,000 feet [6]. Topaz Project Overview - The Topaz Helium Project is located in Minnesota, a stable jurisdiction with established infrastructure, and has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide [7]. - All six appraisal wells drilled at Topaz have intersected pressurized gas, achieving a 100% success rate, which supports the geological model for the project [7]. Pressurized Gas Zones - The identified pressurized gas zones at various depths include: - 1,287 feet with a bottom-hole pressure of 576 psi - 2,120 feet with a bottom-hole pressure of 981 psi - 2,187 feet with a bottom-hole pressure of 1,012 psi - 2,377 feet with a bottom-hole pressure of 1,100 psi [8]. Strategic Importance - The Topaz Project represents a core asset for the company, aimed at building exposure to high-value industrial and specialty gas markets, with ongoing technical work generating encouraging data [9].