Posted on 03/02/2024 9:04:45 PM PST by bitt
A new find of underground helium in Minnesota could turn out to be one of the largest in the world, Minneapolis’s WCCO-TV reported Thursday.
The drill site, just outside Babbitt in the northeastern part of the state, took about a month from initially breaking ground to get to a depth of 2,200 feet.
What it found there, Pulsar Helium CEO Thomas Abraham-James called “a dream.”
“There was a lot of screaming, a lot of hugging and high fives. It’s nice to know the efforts all worked out and we pulled it off,” Abraham-James told WCCO.
He said that the concentration of helium sampled was 12.4 percent — about 30 times what the outlet referred to as “the industry standard,” and higher even than the company had forecast.
“12.4% is just a dream,” the CEO told the outlet. “It’s perfect.”
Further analysis remains to be done, of course, but the finding confirmed work completed in 2011 that indicated the presence of helium deep under the surface, the Duluth News Tribune reported.
Companies generally pursue helium concentrations above 0.3 percent that they can locate, the outlet noted.
“So now the real hard begins to find out what is it truly that we have and the size of the prize,” Abraham-James told the News Tribune.
Studying the size of the find and the feasibility of a full-sized mining operation could take up to a year, the company told WCCO.
The Topez Project, as the drill site is called, was initially planned to go to a depth of 2,250 feet, but had to stop earlier than expected because of “abnormally warm temperatures and looming road weight restrictions,” according to the paper.
(Excerpt) Read more at thttps: ...
Funny how this comes shortly after the gov sold a giant portion of our Helium reserves..
This is good for America, so expect the feds to shut it down. That’s all you need to know to predict federal reaction to any event or discovery. Good for America?…immediate shutdown. Bad for America?…do everything possible to promote and subsidize it.
We see this regularly throughout the West.
Western Governments shut down domestic production sources so that the countries are dependent on imports.
When that happens, the Administrative State always has more power over international trade than domestic production.
Do Minnesota chipmunks sing higher notes than other 🐿️ chipmunks?
Yep...they have to replenish their supply to continue to fake space and orbiting Stalloones, which only travel linearly and do not have propulsion, as advertised.
Somalians are celebrating...
Helium is no laughing matter.
Oh No! The earth balloon is leaking. They drilled in and are deflating us.
And the people of Michigan will start talking funny.
Helium is no laughing matter.
Habitat for the endangered spotted hogwart.
To what Communist country will the Biden regime hand the rights to exploit and profit from this find?
Hint: it won’t be the US.
They had to be careful because of road construction.
Oh my . . .
I do not think that there will be World War III.
There are plenty of mistakes for mankind to perform, with greater fascination and potential tragic humor - to be displayed in videos - nuclear war seems just, so ordinary.
< /sarc >
Isn’t that area frozen clay?
The area probably has very little soil or sedimentary rock and is solid Canadian Shield rock (I think it is one of the oldest bedrock on earth). Not like drilling an oil well in Oklahoma.
You’re spot on!
Look at the process for the precious metals mines up there. Companies have satisfied all environmental requirements, over a period of years, only to have the rules changed, time and time again.
Walz and company are Marxists, they won’t allow success by the private sector.
helium may not be a laughing matter but it can sure change the tone of the conversation. just sayin’ (in my best falsetto).
Biden will give it to China to for their Spy Balloons.
I didn’t know there was that much demand for party balloons and blimps.
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