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Royal Helium Ltd. V.RHC

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

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company’s properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).


TSXV:RHC - Post by User

Post by Justdosomeddon Sep 28, 2022 1:53pm
145 Views
Post# 34992799

Taking on the Helium and Lithium Industries

Taking on the Helium and Lithium Industries
The global helium market is expected to grow significantly and experience supply shortages as industrial use, from things like semiconductors and MRI machines to aviation and rockets, continue to demand more and more of the element. $RHC.V, a Canadian exploration company, is aiming to help satisfy helium demand as governments in North America look to increase domestic manufacturing.
 
$RHC.V’s numerous assets have allowed the company to build a strong suite of results for each property. Not only that, $RHC.V also has interest in the lithium industry at their Climax property.
 
- They sampled up to 81.3 Mg/L lithium brine.
- 60,000 hectares makes it one of the largest lithium exploration projects in Canada.
- Once mineral rights are granted, continued engineering and analysis will be conducted.
 
https://ca.finance.yahoo.com/news/royal-helium-samples-81-3-093000952.html
 
With $RHC.V holding a significant interest in 2 industries that are expected to see supply shortages, there’s a lot to capitalize on here. Especially when initial production at Steveville is expected to occur in Q1 2023, with more initial production expected in Q3 and Q4.
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