We are pleased to have released key outcomes from the initial Plan of Development for our Las Animas Helium Project in Colorado, USA. Voyager – low capital intensity development of high-grade discovery ☑ First helium output and sales targeted for H2 CY2023 from Voyager. ☑ Low capex of US$2.9M for initial development at Voyager. ☑ Processing facility to be leased from and operated by an experienced US mid-stream party. ☑ Targeting short-term contract market and spot sales to capitalise on premium pricing dynamics. ☑ Initial 3-4 development wells planned, permitting of production wells underway. Galactica/Pegasus – larger-scale helium project development with additional potential CO2 product stream ☑ Sproule is currently finalising a resource update for Galactica/Pegasus, which is expected to result in the declaration of contingent helium and CO2 resources. ☑ Further study work underway to refine initial planned development configuration and forecast helium (and CO2) production and cost estimates Read more: https://lnkd.in/g-38pJwc #BNL #BSNLF #helium
Bruce Warren
1y
Congratulations Trent!
SITE- LOC Consulting
1yLooks awesome Trent, congratulations,