Pulsar Helium Identifies Multiple Gas Zones at Jetstream #6 Well

• Three additional pressurised gas zones identified at Jetstream #6, with two intervals showing estimated pressures exceeding 1,000 psi
• Four gas-bearing zones now confirmed at depths ranging from 1,287 to 2,377 feet with pressures between 576 and 1,100 psi
• Gas observed bubbling through drilling fluids at surface during operations
• Continuous HQ core drilling (3.8-inch diameter) in progress to maximise geological sample recovery
• Rig to mobilise to Jetstream #7 location, positioned 2.2 miles northwest of Jetstream #1 discovery well

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) is a primary helium exploration company operating three projects across North America and Greenland. The company's portfolio includes the Topaz Project in Minnesota, the Falcon Project in Michigan, and the Tunu Project in Greenland. Pulsar focuses on primary helium occurrences that are not associated with hydrocarbon production.

Additional High-Pressure Gas Zones at Multiple Depths in Jetstream #6

The Jetstream #6 appraisal well has encountered three new pressurised gas zones, bringing the total to four confirmed intervals at this location. The zones were identified at depths of 1,287 feet, 2,120 feet, 2,187 feet, and 2,377 feet, with estimated bottom-hole pressures of 576 psi, 981 psi, 1,012 psi, and 1,100 psi respectively. The pressure measurements were obtained during drilling operations and represent preliminary readings rather than stabilised reservoir pressures or sustained flow test results.

Field observations confirmed gas presence through visible bubbling in drilling fluids at surface when the drill intersected these intervals. The pressure readings show an increase with depth, with the two deepest zones exceeding 1,000 psi. These measurements provide data on the pressure regime within the target formation.

The company notes that all six appraisal wells drilled at Topaz to date have intersected pressurised gas, representing a 100% technical success rate. The Topaz Project has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide. Helium-3 is described as a rare isotope with applications in national security, quantum computing, and advanced energy technologies.

Continued Drilling to 3,000 Feet Total Depth

Jetstream #6 is being drilled using continuous HQ core drilling with a 3.8-inch diameter to maximise geological sample recovery. The well is advancing towards a planned total depth of approximately 3,000 feet. Core drilling allows for the collection of intact rock samples for geological analysis.

The drilling programme aims to test additional intervals below the zones already encountered. The core samples collected will be analysed to build understanding of subsurface geology and reservoir characteristics across the project area.

Ongoing technical work at Topaz is focused on expanding resource understanding through further appraisal, testing, and analysis. The company holds a substantial acreage position with multiple identified targets within the project area.

Mobilisation to Jetstream #7 Location

Upon reaching total depth at Jetstream #6, the drilling rig will relocate to the Jetstream #7 site. This location is situated approximately 2.2 miles northwest of the Jetstream #1 discovery well. Jetstream #7 is planned to a total depth of approximately 3,000 feet.

The well location is designed to test the lateral extent of the gas-bearing system identified in previous wells. The positioning was informed by data from prior drilling campaigns and geophysical surveys, including 2D active seismic acquisition work conducted to map subsurface structures.

The Topaz Project is located in Minnesota, a jurisdiction with established infrastructure and access to technical services. The company describes Topaz as a core asset within its portfolio, supporting its strategy to build exposure to industrial and specialty gas markets.

Next Steps

Pulsar Helium will complete drilling at Jetstream #6 to the planned 3,000-foot depth before mobilising to Jetstream #7. The drilling programme forms part of the ongoing appraisal activities at the Topaz Project. Further updates are expected as operations progress at Jetstream #7 and as the company continues its technical work programme, including resource estimation and development planning.

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