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Royal Helium Receives Permits for Climax-4 Helium Well

Royal Helium Ltd reported that it received the necessary permits to drill its Climax-4 helium well in Saskatchewan and that it scheduled a spud date of August 7, 2021. This fourth helium well, which is designed as a production offset to its Climax-3 well, is being drilled in order to target the new Regolith helium discovery zone with the goal of producing helium found in the formations. The drilling will last for 14 days, reaching a total depth of 2,700m.

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