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Royal Helium Ltd. V.RHC

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

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 Jan 20, 2021 9:18pm
320 Views
Post# 32341540

RE:RE:RE:RE:RE:RE:Royal Helium Commences Three Well Drill Program at Climax

RE:RE:RE:RE:RE:RE:Royal Helium Commences Three Well Drill Program at ClimaxRc, I find it very interesting that RHC chose the Climax drill campaign first, as they already know that Bengough has 1.4% He in historical drill results there.  1.4 % would be a great initial find for any junior company looking for a stable of producing wells, and yet they passed on the sure thing and chose Climax first


I get the impression the RHC geo's have poured over the areas historical data, and think they will find even higher concentrations in the Climax area, based on drill logs from the 60's.

It was guesstimated by the company that it would take 14 days to reach TD, and they started drilling on the 6th.

Exciting times ahead me thinks






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