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First Helium Adds New Highly Prospective Drill Targets to Drilling Inventory
First Helium Adds New Highly Prospective Drill Targets to Drilling Inventory Canada New...
About this update from First Helium Inc.
[{"type":"text","content":"\n \n \n \n First Helium Adds New Highly Prospective Drill Targets to Drilling Inventory\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Building on Worsley Exploration Model Success\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n July 11, 2023\n \n \n /CNW/ -\n \n First Helium Inc. (\"First Helium\" or the \"Company\")\n \n (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), a helium exploration and development company with properties in Northern and\n \n Southern Alberta\n \n , is pleased to provide an update on its recently completed 5,200 acre proprietary 3D seismic program over a portion of its most recently acquired lands at\n \n Worsley\n \n . Initial evaluation of the data by First Helium's exploration team indicates the presence of a number of highly prospective drill targets on trend with, and within, the same\n \n Leduc\n \n reef complex as the successful 15-25, 1-30 and 4-29 wells. These new drilling opportunities add to the Company's extensive existing inventory of locations at Worsley. The Company is currently evaluating these targets for priority inclusion in upcoming drilling programs.\n \n \n \n \n \n \n \n \n \n \"We are very pleased to have completed our 3D seismic program at\n \n Worsley\n \n on time and within budget\" said\n \n Ed Bereznicki\n \n , President & Chief Executive Officer of First Helium.  \"Building on the exploration model established with the acquired 3D seismic programs and through the successful drilling of the 15-25, 1-30, and 4-29 wells, we are extremely excited to further test the model on these targets on our new exploration lands,\" added Mr. Bereznicki.  \"Located on contiguous lands east of our successful wells, these newly identified drilling targets are anticipated to yield helium rich gas which would give us the opportunity to deliver additional potential volumes to capitalize on our helium gas offtake agreement,\" concluded Mr. Bereznicki.\n \n \n The new seismic program overlaps the Company's existing 3D data over its three successful wel...