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Avanti Helium Corp V.AVN

Alternate Symbol(s):  ARGYF | V.AVN.WT.A

Avanti Helium Corp. is a Canada-based pure play helium exploration company. The Company is focused on the exploration, development, and production of helium across western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. In Alberta, it has a project in Aden and in NW Montana, there are four project areas: Sweetgrass, Keith, Kicking Horse and Police Coulee. Leader Project consists of several permit areas; each permit is in different areas in Southwestern Saskatchewan. The permit areas are Maple Ridge, Fox Valley, Burstall, Abbey and Kyle. It covers approximately 91,000 acres of helium prospective land.


TSXV:AVN - Post by User

Comment by wallpaper2on May 30, 2021 10:43am
159 Views
Post# 33293988

RE:News

RE:News
Unfortunately the drilling etc takes a lot of time. One Cdn. Helium company states it takes: 30 days to drill 1 hole on avg. 10 days to complete process. 6 weeks to test and evaluate. So many meters per day and it depends on what they end up drilling thru or what issues arise. So it likely takes 3 months or more before they know exactly what they have. Looks like drilling to begin early 4th quarter (October) and final outcome known in January.
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