Power Metal Resources plc’s joint venture has defined a new target area at the Perch River uranium project within the Athabasca Basin in Saskatchewan. SURVEYS The company and partner UCAM Ltd completed helium, hydrogen, radon and soil geochemistry surveys to delineate the Rapids target. The new area consists of “multiple overlapping geochemical and radon anomalies” within a […]
Tag: helium
Predator welcomes MOU-5 in-place potential
Predator Oil & Gas plc has reported potential in-place helium of 104.31bcf for the P50 upside case in the MOU-5 well on the Moulouya prospect at Guercif in Morocco. PATHWAYS Scorpion Geoscience Ltd’s new report includes 598.88 billion cubic feet for the P10 upside case. In August, the potential conventional prospective gross recoverable gas resources […]
Predator restarts planning MOU-5 Jurassic well
Predator Oil & Gas Holdings plc has restarted planning the MOU-5 Jurassic well, targeting the ‘Titanosaurus structure’ covering up to 187km2, at Guercif onshore Morocco. HELIUM The company will also evaluate the possibility of helium potential by MOU-5 and MOU-4 rigless well testing, after a gas sample from MOU-3 showed the presence of helium. The […]
Component failure halts drilling Tai-3 well at Rukwa
Drilling has been suspended for approximately two weeks on Tai-3 well at Rukwa after the Predator 220 drilling rig suffered a component failure in the main rig carrier. PERFORMANCE Helium One Global Ltd needs to find the required mechanical parts from outside Tanzania to carry out the repairs before restarting operations at Rukwa. The company […]
Power Metal expands Perch River footprint
Power Metal Resources plc has expanded its Perch River uranium project by 38% to include more helium anomalies and prospective geology. TREND The move follows the discovery earlier this month of “highly significant” helium anomalies at the site within the Athabasca basin. The company has now secured a further 1,514.8ha to the North taking the […]
Power Metal finds helium anomaly at Perch River
Power Metal Resources plc has discovered an “extremely strong” helium anomaly in the centre of its Perch River uranium project within the Athabasca basin, Saskatchewan. EXPECTATIONS The company recently acquired the two-year Perch River licences, covering 39.41km2 and located less than 10km from the northern basin edge. Chief executive officer Sean Wade said that the indications could be […]