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Royal Helium One Step Closer to Primary Helium Production After Drilling Multiple Zones of Economic Helium in Saskatchewan
If you think about balloons / blimps when thinking about Helium uses, we wouldn’t blame you … but you’d also be missing out on a much much bigger picture.
Looking beyond just balloons, Helium is a high tech gas, with many uses in rocket engines, semiconductors, electronics, and health care. These sectors pressure the demand for helium in concert, making it a gas in very short supply, causing the price to rise.
Saskatchewan is one of the only places on earth with current and past production of primary Helium. This is where Royal Helium comes into play as they are one of the largest land holders searching for Helium and recently announced that testing identified zones that range in thickness from five meters to in excess of 30 meters. These zones returned levels ranging from 0.33% to 0.94%, demonstrating the commercial potential of the Climax project
Worldwide usable Helium is in short supply as demand is increasing, making it a high-priced commodity, take a seat and discover why Royal Helium is the next SmallCap Stock to discover.
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