Global Helium on Tuesday (25th May) said it has added an additional 37,100 hectares (91,675 acres) in the Vermillion Hills area in Saskatchewan for helium exploration.
It is believed the company has established a core area at Vermillion Hills, approximately 150 kilometres northeast of Swift Current. The new permit is contiguous to the southeast and increases our 100% working interest holdings in this area to over 122,000 hectares (302,000 acres).
Commenting on the news, Wes Siemens, President at Global, said, “This new acreage significantly expands our land position to the southeast within the helium fairway. We are excited about growing our position in this area and moving our prospects to the drill stage.”
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