RE:Looks like good news....comments?Looks like great news!
"pleased to announce a significant helium discovery at the Climax helium project, located in SW Saskatchewan, Canada. Royal has discovered a 39 meter contiguous helium bearing zone at Climax-3 in the basal Deadwood Regolith (“Regolith”) which was a previously unknown helium bearing sequence. The same Regolith zone was also intersected at Climax-2 and Royal has seismically mapped the Regolith over a total area of 32 square kilometers (12.3 mi2) (“Prospective Area”). Based on internal estimates, Royal estimates total helium in-place within the Regolith zone across the Prospective Area to be between approximately 2.5 billion cubic feet (“Bcf”) (low-case) and 6.0 Bcf (high case). In addition, Royal will commence production planning shortly on Climax-1, with the intent of producing and monetizing each of the helium, CO2, and nitrogen gas streams discovered within the Souris River and Wymark zones."