Pulsar Helium Extends Topaz Project Footprint with Sixth Consecutive Gas Discovery

• Jetstream #6 intersected pressurised gas at 1,287 feet depth with 576 psi bottom-hole pressure, with gas visibly bubbling through drilling fluids at surface
• The well is located 1.3 miles southwest from the discovery well, extending the project's geographical footprint
• All six Jetstream appraisal wells have encountered pressurised gas, achieving a 100% success rate
• Flow and pressure testing equipment arrives February 15 to begin testing on Jetstream #3 and #4, with samples to be sent for laboratory gas analysis
• Drilling continues at Jetstream #6 towards target depth of 3,000 to 5,000 feet using continuous core drilling

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) is a Canada-based primary helium exploration company with projects in Minnesota and Michigan in the United States, and Greenland. The company focuses on primary helium deposits not associated with hydrocarbon production. The Topaz project in Minnesota has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide.

Jetstream #6 Drilling Results

The Jetstream #6 appraisal well is located approximately 1.3 miles southwest of the discovery well at Topaz. During drilling operations, the well intersected a pressurised gas zone at 1,287 feet depth. The preliminary bottom-hole pressure reading measured 576 psi, and drilling crews observed gas bubbling through the drilling fluids at surface, confirming active gas flow under pressure.

The company is using continuous HQ core drilling with a 3.8-inch diameter hole to maximise geological sample recovery. Operations continue around the clock with rotating crews as the well advances towards its target depth range of 3,000 to 5,000 feet. The core samples will provide detailed geological information about the subsurface formations.

The drill site selection was based on the company's geological model for the project. The visible gas at surface provides direct confirmation that the system maintains pressure at this distance from the original discovery location.

100% Drilling Success Rate

All six appraisal wells drilled at Topaz have encountered pressurised gas. The wells span varying distances and directions from the original discovery well.

According to Thomas Abraham-James, President and CEO,

"Achieving pressurized gas intersections in every Jetstream appraisal well drilled so far speaks to the strength of the geological model we're developing at Topaz."

The pattern of success across multiple drill sites indicates that the gas-bearing formation extends across the area being tested.

President and CEO Thomas Abraham-James noted that:

"seeing consistent results at this distance gives us confidence as we transition into the well testing phase."

The compan's focus is now on building a technical dataset to understand the scale and characteristics of the system. The drilling programme continues to test the lateral extent of the gas-bearing zones identified at Topaz.

Upcoming Testing Programme

Testing equipment is scheduled to arrive on site on February 15. The company will begin testing on Jetstream #3 and #4, with each test expected to run for approximately six weeks. The programme will include an initial flow testing phase followed by a pressure build-up period.

Gas samples will be collected during flow testing and submitted for laboratory analysis. The analysis will determine the concentration of helium and other gases, including helium-3 and carbon dioxide. Helium-3 has applications in quantum computing and national security technologies.

Testing on Jetstream #5 and subsequent wells will commence after the drilling programme concludes, which is expected in late March 2026. The testing programme will generate data on flow rates, pressure behaviour, and gas composition across the drilled wells.

Looking Ahead

The drilling programme is expected to conclude in late March 2026, after which the company will complete testing across all wells. The data from drilling and testing will inform an updated resource estimate for the project.

The company holds a significant acreage position at Topaz with multiple identified targets. The current programme represents the initial appraisal phase. Results from flow tests and gas composition analyses are expected in the coming months.

‍