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Sproule: Coyote Wash is a major Helium Resource

Quantum Helium Limited has announced a significant helium resource confirmation at its Coyote Wash Project in Colorado, with Sproule ERCE estimating 0.97 BCF of 2U gross recoverable helium. This, combined with the 0.134 BCF at Sagebrush, brings the company's total independently verified 2U gross helium resource to 1.104 BCF across its Colorado portfolio, positioning Quantum Helium as one of the largest independently certified helium companies on the LSE by resource size. Additionally, Sproule ERCE identified potential oil resources of 150 to 750 thousand barrels across a single Ismay prospect. Disclaimer*

articleQuantum Helium LimitedDecember 19, 20255/company/quantum-helium-limited/news/sproule-coyote-wash-is-a-major-helium-resource
Sproule: Coyote Wash is a major Helium Resource

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[{"type":"text","content":"\n\n\n \n19 December 2025\n \nQuantum Helium Limited\n(\"Quantum\" or the \"Company\")\n \n \nSproule ERCE Confirms Major Helium Resource at Coyote Wash\n \nOver 1 BCF of Independently Verified Gross Helium Resources Across Colorado Projects\n \nEstablishes Quantum Helium Among the Largest Independently Certified Helium Companies on the LSE by resource size\nQuantum Helium Limited (AIM: QHE), advancing helium, hydrogen and hydrocarbon projects in the USA, is pleased to announce receipt of the independent resource report from Sproule ERCE for the Coyote Wash Project in Colorado, where Quantum holds a 100% working interest.\nThe report estimates 2U (Best Estimate) gross recoverable helium of 0.97 BCF at Coyote Wash, which, when combined with the Sproule ERCE-verified 2U gross helium resource of 0.134 BCF at Sagebrush, establishes 1.104 BCF of independently verified 2U gross helium across the Company's Colorado portfolio.\nThis represents Quantum's second independently evaluated helium resource, reinforcing the continued growth and maturing technical confidence in the Company's strategy.\nSproule ERCE has also completed its assessment of the oil potential at Coyote Wash, confirming 1U / 2U / 3U recoverable oil estimates of 150 / 420 / 750 thousand barrels across a single mapped Ismay prospect.\nHighlights\n·      Sproule ERCE estimates 2U gross recoverable helium of 0.97 BCF at Coyote Wash\n·      Combined with Sagebrush, Quantum now has 1.104 BCF gross (828 MMscf Net) 2U helium, all independently evaluated. \n·      Potential gross value of ~ US$331 million ($300/Mscf)\n·      Establishes Quantum as having one of the largest independently verified helium portfolios among London-listed helium companies\n·      Sproule ERCE also identifies up to 750,000 barrels of potentially recoverable oil at an Ismay prospect with three potential well locations.\n·      3D seismic acquisition at Sagebrush complete, with results of processing and interpretation expected in the new year to provide additional drillable oil and helium prospects\n·      Positive engagement with the Bureau of Indian Affairs (BIA) as the Company progresses towards...

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