Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
All about to start,
“Spectacular results “
Richard Poulden, Wishbone Gold's Chairman, commented: "These results are spectacular and vindicate our original belief that Cottesloe has significant potential. For it to occur in the south highlights the scale of what we have in front of us for the entirety of the project. To have mineralisation, and zonation of minerals, from surface to 700m is truly incredible and the confirmed large scale mineralised system is clearly great news. We may have a very large base and battery metals discovery in the making at Cottesloe and look forward to moving this project further along the exploration curve in 2024 as this year's exploration season is just about to commence."
The thing we have to remember is 4.7 percent pure Helium at 0.5 mmscf/d is minimum flow rate so it’s higher “with no artificial lift” most US and Canada Helium produces have below 1 percent Helium so they have to lift 5x our rates to get the same amount as HE-1 and that’s if it’s pure like our Helium is.
It’s clear that this is definitely commercial, unique find and “WORLD CLASS” as already stated.
readiness
Details
The DST results from Itumbula West-1 well have demonstrated that the well has flowed the equivalent of 0.5 mmscfd of 4.7% helium (without any artificial lift) from the fractured Basement and faulted zone. These flow rates in a pure helium play, without the presence of hydrocarbons and carbon dioxide, indicate the uniqueness of this helium project.
Mine Helium on the moon, just shows how rare it is on Earth,
How the hell do they get large quantities back,very expensive idea imo,
But demand is going to increase substantially in the coming years so the price will increase substantially also.
Mining on the moon is decades away at the least.
Some very large buys gone through today that really makes me wonder that very good news from the field is leaking out and could be announced very soon.
We already know it’s a very unique pure Helium play with a bonus of Hydrogen but we await how vast it really is.
4.7 percent pure Helium to surface is very high indeed.