Tunu Project, Greenland

100% owned by Pulsar

A new primary helium province identified by the Pulsar team

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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).

An extremely large exclusive land position covering an area of 2,772km2, that is Europe facing.
Gas analyses from hot springs has identified helium contents up to 0.8% that are not associated with hydrocarbons.

Location

Liverpool Land is a peninsula in eastern Greenland.

Latitude
71° 00' 0.00" N
Longitude
-22° 00' 0.00" W

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.

Access

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

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 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.

Geology

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.

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