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).

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Royal Helium Ltd.

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Post by SkywalkerofLukeon Nov 02, 2022 1:42pm

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Post# 35067081

Recent News

With the global demand for helium possibly outpacing supply until at least 2025 and possibly until 2030 or later I’m watching RHC.v RHCCF who should be receiving back the mineral rights to continue expanding and testing the 3D coverage area at Climax-2.

After sampling up to 81.3 Mg/L lithium brine at the property they believe that the lithium brine zone is an extension of the same pool found in Climax-1 and appears to extend well beyond the current 3D coverage area.

I think the results of how far the pool expands is big for RHC and could help recoup sp.

https://www.newswire.ca/news-releases/royal-helium-samples-81-3-mg-l-lithium-in-brine-at-climax-2-845282729.html

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