Royal Helium Ltd. reports that it has received permits for an additional 32,166 hectares or 321 square km of helium land in the southeastern half of Royal's Saskatchewan land holdings, where the total helium lease and permit land now total approximately 4,320 square km.
Approximately 173 square km was added to the Bengough project, and 148 square kilometers in Pangman. The Pangman ground adjoins and now makes the Ogema and Ogema North grounds one large contiguous land package where historic helium tests have ranged up to 2.45 per cent helium.
鈥淲ith our well target inventory currently at 12, including five at Bengough, we look forward to growing our southeastern regional target inventory at the expanded Bengough property and the combined Pangman/Ogema land where some of the highest historic helium tests are found,鈥滱ndrew Davidson, President and CEO of Royal commented.
Royal believes that the basement structure within its southeastern land holdings is part of a larger regional basement structural trend extending at least 60 miles north from the U.S. border and passing through Bengough, Pangman/Ogema and Minton land packages.
Royal is focused on the exploration and development of primary helium production in southern Saskatchewan. With over 400,000 hectares of prospective helium lands held under permits, leases and applications, Royal is one of the largest helium leaseholders in North America.
