Post by
Charts1 on Nov 08, 2023 10:29pm
RHC,V COMPANY ON THE RIGHT TRACK .past news release
Andrew Davidson , President and CEO of Royal states, "we are exceptionally pleased with this discovery at Climax. The Regolith appears to be helium charged over a significant interval and, once the production methodology is determined, it has the potential to be one of the largest helium discoveries in Saskatchewan history. Entering this drill program, we were targeting conventional helium production, which we have found in Climax -1, Climax -2 and potentially Climax -3. We are now evaluating the completion methodology of the Regolith which may include horizontal drilling and/or fracture stimulation in order to maximize the productive capacity of this zone.