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 and all other minerals (excluding hydrocarbons and radioactive elements).
Liverpool Land is a peninsula in eastern Greenland.
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.
Nerlerit Inaat airport is conveniently located near the license area and is serviced by planes from Greenland and Iceland. It's 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.
Advantages of the location
East coast of Greenland, Europe facing shipping time (apx) to Aarhus, Denmark = 4 days. Shipping time (apx) to Virginia, USA = 9 days.
Dating back to 1925, historic measurements from thermal springs indicated predominately nitrogen plus noble gases (helium is a noble gas).
Comprehensive license terms
Pulsar has exclusive rights to all mineral resources (including helium and hydrogen), except hydrocarbons and radioactive elements.
Proposed 2023 work program
The immediate plan involves conducting an appraisal well drilling in the fourth quarter of 2023 and performing specialized down-hole tests to assess the properties of the helium reservoir. Subsequently, the objective is to accelerate the exploration process and initiate a feasibility study to evaluate the potential for Topaz to become a profitable helium producer.
The geology of the discovery area includes some of the oldest rocks in North America, suggesting excellent helium source rock. The stable tectonic conditions prevailing over the last billion years in the Topaz area may have allowed significant helium volumes to accumulate.