IN BRIEF: Pulsar Helium signs contract for Falcon project in Michigan
Pulsar Helium Inc - North America- and Greenland-focused Helium exploration company - says its subsidiary Pulsar Helium (MI) Inc has signed a contract with Xcalibur MPH (Canada) Ltd for a high-resolution airborne gravity gradiometry and magnetic survey at its Falcon project in Michigan. The company says the project gives Pulsar a "district-scale" opportunity to evaluate an underexplored geological system covering about 488,090 gross acres of mineral rights. Pulsar says the survey will test whether the ancient geology and structures underlying its Topaz helium project in Minnesota extend into Michigan. The survey is intended to identify and rank the most promising features, allowing Pulsar to focus follow-up exploration and future drilling where the geological evidence is strongest.
Chief Executive Officer Thomas Abraham says: "Signing this airborne survey contract marks an important step in advancing Falcon from district-scale land assembly into systematic target generation. The planned FALCON gravity gradiometry and magnetic program will provide a new, high-resolution view of the subsurface across our initial priority area, while the newly released Earth MRI magnetic and radiometric survey gives us substantial complementary regional data at no acquisition cost to Pulsar. Together, these datasets will help us efficiently rank targets and direct the next phase of work as we apply the disciplined, data-led approach developed at Topaz in Minnesota to comparable geology in Michigan."
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