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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  V.RHC.WT.A | V.RHC.WT.B | RHCCF

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Comment by mdjbrownon Dec 16, 2020 9:09pm
141 Views
Post# 32125294

RE:When does drilling start?

RE:When does drilling start? TR,  here is the last operational update:

During the nine months ended September 30, 2020:

• Completed seismic analysis on the Climax property.
• Completed a tri-axial magnetometer survey over the Climax properties.
• Identified 12 initial drill targets between the Climax and Bengough properties.
   Partnered with the SRC to review the development of a poly-generation facility
• Closed $1,000,000 private placement.
• Continued the expansion of the land holding portfolio.


Once the Private Placement closes on the 22nd, it will put cash in the coffers for the anticipated drill program to commence on Climax and Bengough.

Lets hope drills are spinning in early 2021, if all the regulatory hoops have been jumped through.

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