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.
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.
"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.
A crew from Duluth Metals in 2011 first discovered helium in the area when searching for platinum-palladium metals, the News Tribune reported.
Helium is valued for everything from filling balloons to being used as a safe and effective coolant in liquid form.
No comments:
Post a Comment