Leading the Way in Publicly-Traded Helium Production in 🍁 Royal Helium Ltd. (RHC.v or RHCCF for US investors) has become the first publicly traded helium producer in Canada, offering the public a chance to benefit from helium's lucrative opportunities.
RHC is carving out a significant presence in helium exploration, production, and infrastructure within Canada, with a vast portfolio encompassing over 1 million acres of promising land in southern Saskatchewan and southeastern Alberta.
The Steveville project stands as a key achievement in RHC's commercial helium production. Since its launch in 2023, the advanced Steveville Purification Facility has been in operation, producing helium with 99.999% purity and adhering to strict environmental standards.
RHC's strategic growth plan includes ongoing development and expansion in other projects like Climax, Val Marie, Ogema, and 40 Mile. By 2030, RHC intends to have drilled 39 wells, reinforcing its position in the North American helium market while increasing reserves and exploring new regions.
Recent news regarding RHC's Forty Mile Helium project in southeastern Alberta highlights the company's ongoing progress at its exploration projects. The start of licensing and permitting for the Forty Mile #1 exploratory helium well within the 7,000-acre project area marks an important development.
Targeting the Devonian and Cambrian horizons, the well is set to reach into the Precambrian crystalline basement. Upon the completion of licensing and securing a drill rig contract, spud data from the well will be released.
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Posted on behalf of Royal Helium Ltd.