Tunu Project, Greenland (100% owned)

Tunu is a new helium province and is one of the rare primary helium occurrences identified in Europe. The 62 sq km licence was identified by the Pulsar team utilising their proven geological model and experience. In 2022, sampling and gas analyses on hot springs identified helium contents of at least 0.8%. These shows are not associated with hydrocarbons. The team is initiating exploration programmes including at the Project to fully quantify the extent of the system and understand its potential as a new standalone helium district.

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Tunu - About

About the project

Pulsar is the first mover exploring for helium in Greenland, having received the only license of its kind that gives exclusive rights for the exploration of helium, hydrogen, geothermal energy, and all other minerals (excluding hydrocarbons and radioactive elements).

An easily accessible location on the east coast of Greenland, nearby to Nerlerit Inaat International Airport and the settlement of Ittoqqortoormiit.

Gas analyses from hot springs has identified helium contents of at least 0.8% that are not associated with hydrocarbons.

Potential also exists for geothermal energy that is being actively accessed by the Company and Sproule-ERCE.

Location

The project is on the east coast of Greenland in ‘Liverpool Land’ (named by William Scoresby, an English explorer), a peninsula in eastern Greenland which faces the main European continent. It is 5km from Ittoqqortoormiit and 40km from the Nerlerit Inaat International Airport (CNP). On the project’s southern margin is Scoresby Sound, the largest fjord system in the world.

The coordinates are:

Latitude 71° 00' 0.00" N

Longitude -22° 00' 0.00" W

Tunu - Map



Tunu - Survey Data

Existing survey data in Pulsar’s possession

Fugro's 2013 survey provided partial coverage of gradient magnetic data, while SkyTEM's 2013 survey partially covered magnetic and TDEM data.

Ambient Noise Tomography (also referred to as passive seismic) conducted by the Company in 2024.

Multiple years of gas samples taken from thermal springs.

Access

Nerlerit Inaat airport is conveniently located near the license area and is serviced by planes from Greenland and Iceland. Tunu is not situated within a National Park or RAMSAR site. Iceland is 435km to the south-southeast, and the sea is free of ice from July to November.

Tunu - Survey Data

Geology

Tunu has some of the oldest granitic rocks on the planet, which is an excellent source for helium, with early testing underlining the potential. A number of surveys including seismic, magnetic and electromagnetics have been conducted which are building the understanding of this geothermally active location.







Tunu - Summary

Excellent Location

East coast of Greenland, Europe facing shipping time (apx) to Aarhus, Denmark = 4 days. Shipping time (apx) to Virginia, USA = 9 days.

Historic Provenance

Dating back to 1925, historic measurements from thermal springs indicated predominately nitrogen plus noble gases (helium is a noble gas).

Comprehensive license

Pulsar has exclusive rights to all mineral resources (including helium and hydrogen), except hydrocarbons and radioactive elements.