RHC.v reports assessment results from Steveville and Nazare This week, Royal Helium (TSXV: RHC) provided information from an independent helium resources assessment and evaluation for the Steveville and Nazare projects.
The metrics provided by the report are a compelling incentive to accelerate the development of a gathering system and processing infrastructure at Nazare. Royal will be drilling its first horizontal well into Nazare between Q4 2022 and Q1 2023.
If you’re interested in the numbers here are some grabs from the latest press release:
Nazare
Steveville
Royal also recently reported measurable lithium in brine samples from its second well at the Climax project.
RHC.v is currently trading at $.325, valued at $67.23 million.
https://ceo.ca/@newswire/royal-helium-receives-independent-helium-resources