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Avanti Helium Corp V.AVN

Alternate Symbol(s):  ARGYF | V.AVN.WT | 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 canuckktraderon Oct 20, 2022 1:47pm
147 Views
Post# 35036907

RE:Appraisal Well

RE:Appraisal WellI could be wrong, but I think they would announce when the well has spudded..... To me, it seems material, so if they did drill it and have results, I couldn't see anyone like Raymond James doing finance without seeing those results, as they did a short form prospectus, it would have to be disclosed to the public in the prospectus.

I would bet they have 20 - 30 truckloads to move this rig. Once everything gets on-site, it usually takes a few days to assemble it. I've heard trucking is becoming a problem down in the Bakken so don't know if thats having an impact on them getting the rig moved or not, but apprenlty its an issue right now.

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