Northshore Energy & Investments, Inc.
HELIUM DEVELOPMENT PROJECT, LAS ANIMAS COUNTY COLORADO
12,000 ACRES
Capitalize on Low-Cost Exploration of Helium Potential
Offering up to 100% with Operations - Prospect Cost $1,200,000, 80% NRI
Shallow Helium Test Wells with depths of 1,100-1,400 ft - Initial Gas Production of 300 t0 600 mcf/day Water Free
Purified Helium Spot Prices: $300-$400/Mcf - Nearby Helium Activity with 2-6% Concentrations
Opportunity to increase Acreage in area of Mutual Interest
Deeper pay potential in lower Permian - Precambrian age formations
Precambrian basement with over 800 feet of structural relief
Attractive Return of Investment (ROI) of more than 10:1
HELIUM RICH STRUCTURAL GAS TRAP AREA
PERMIAN LYONS (GLORIETA) FORMATION IS PRIMARY RESEVOIR
Market Value, cir. 2023
Key Helium Markets
Manufacturing
One of the primary uses of helium is their crucial role in semiconductor manufacturing. Computers, phones, tablets, etc., all contain chips that require helium in various stages of the manufacturing process.
Helium-filled hard drives offer higher storage capacity, lower operating power, and higher performance. Current estimations put a single tank of helium at being able to produce 10,000 hard drives.
Aerospace
Because of helium’s inert nature, it doesn’t interfere with rocket fuel – this allows it to be used to pressurize fuel tanks, permitting the right amount of fuel to flow without issue and maintaining the right amount of pressure. Additionally, because of the scarcity of helium in Earth’s atmosphere, it makes it especially easy to detect leaks. This is pivotal in ensuring safety of passengers and supporting the structural integrity of the aircraft.
Medical
In the medical community, a mixture of helium and oxygen (Heliox) is used as an effective treatment for respiratory illnesses. This is primarily due to its ability to lower airflow resistance – which also makes it useful for deep sea diving, giving divers the oxygen but none of the loopy side effects.
Additionally, helium plays a critical role in the cooling of powerful magnets in MRI machines. This works by, again, slowing the electrical resistance necessary in order to generate the magnetic fields.
Technology
In the fiber optic industry, helium is used to cool the delicate fibers (glass stretched into a thin strand at its core) without breaking them. This technology is used for Internet and cable TV.
Due to their natural higher resolution, helium is used in helium-ion microscopes to allow scientists to explore in much better quality.