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Pulsar Helium Engages Sproule-ERCE for Pre-Feasibility Study at the Tunu Helium-Geothermal Project, Greenland
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.
CASCAIS, Portugal, June 24, 2025 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a leading helium project development company, is pleased to announce the signing of an agreement with leading global energy consultancy, Sproule-ERCE (“Sproule-ERCE”), to conduct a Pre-Feasibility Study (“PFS”) at the Company’s Tunu helium-geothermal project in East Greenland (“Tunu” or the “Project”).
The engagement marks a significant milestone for Pulsar as it advances Tunu, which is one of the few primary helium occurrences in Europe.
Highlights
- The PFS will evaluate the existing geothermal opportunities in more detail alongside potential helium extraction.
- Geothermal opportunities have been identified through advanced interpretation of existing geophysical data, including a recently completed passive seismic survey, which has revealed previously unrecognised subsurface anomalies consistent with geothermal prospectivity.
- A PFS is now underway to assess the dual resource potential at Tunu, led by Sproule-ERCE’s internationally recognised geothermal team, which has supported over 200 megawatt (“MWth”) of geothermal heat capacity and performed over 40 geothermal feasibility studies and geothermal construction projects globally.
- Sproule-ERCE’s global expertise will be key to de-risking Tunu and unlocking its newly discovered potential shaping its next development phase.
- The PFS is scheduled for completion by the end of August 2025, providing Pulsar with a robust technical and economic foundation for future project
decisions.
Thomas Abraham-James, President & CEO of Pulsar, commented:
“We are delighted to partner with Sproule-ERCE, whose deep expertise and global track record in geothermal and resource consulting is second to none. The Tunu project is a unique opportunity, combining primary helium and geothermal energy potential in a highly strategic location. This Pre-Feasibility Study could be a crucial step in unlocking additional value for our shareholders and support Europe’s critical raw materials and clean energy ambitions. We look forward to sharing results as the study progresses.”
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