LEADER PROJECT

Leader is one of our strategic targeted areas with nitrogen-rich helium in multiple zones.  In addition, the presence of several deep structural high features in the area is ideal for trapping helium.

Asset Overview

~ 0 acres

Helium Prospective land

0 %

Operatorship

> 0 %

/

~ 0 %

Helium/Nitrogen Content

2.18% /~98%

Avanti has successfully acquired ~63,000 acres of prospective helium permits within SW Saskatchewan. Leader reside in an area with confirmed helium discoveries and have excellent potential for additional economic helium accumulations associated with basement structures. The asset also has multiple helium target intervals in Devonian and Cambrian.

Leader

Leader area, located in SW Saskatchewan, contains 3 helium exploration permits for a total of ~63,000 acres.  The permits were identified and acquired, based on the Company’s detailed geological models and technical assessment.  SW Saskatchewan is the hub of western Canadian helium activity.  Avanti’s permits are proximal to the Wilhelm pool that produced 0.25 BCF Helium and are surrounded by recent Helium competitor activity. The targeted zones are the Devonian Souris River and Cambrian Deadwood SS with known helium concentrations up 1.4% and nitrogen up to ~98%

Resource Potential

The asset has multiple helium target intervals in the Devonian and Cambrian formations. Knappen resides in an area with confirmed reservoir rock and multiple DST’s with analyzed gas, and the potential for viable helium reservoirs over a larger basement structure.

Leader Resources and Development Potential

Leader

Avanti is planning to acquire seismic data on numerous geological prospects within our existing permits, with the goal of confirming basement structures and firming up drilling locations.   We will also continue to expand the existing land position, applying for additional permits on internally identified geological leads.

Saskatchewan is a favourable jurisdiction for helium prospecting.  On Nov. 15th, 2021, the government of Saskatchewan released its Helium Action Plan,  which provides policy and program commitments to support and grow the entire helium value chain.  It is focused on exploration, production, innovation, processing and export infrastructure. The provincial government has also expanded the Saskatchewan Petroleum Innovation Incentive (SPII) to include helium projects (Nov 15, 2021,  Gov’t. Of Saskatchewan news release)

Invest in Avanti, a company that seeks new opportunities for helium growth.

Our expertise speaks for itself.
Join Avanti in its mission to extract helium.

Leader Timeline 2021-Q2 2023

EXECUTED TO DATE

TECHNICAL WORK AND LAND PROSPECTING
Q1,2022
EXECUTED TO DATE
Q3 – Q4 2021
EXECUTED TO DATE
LAND Acquisition
Acquired helium permits in in SW Saskatchewan

FORECASTED PLAN

LAND Acquisition
Awaiting additional helium permit acquisition
Q3 ,2022
FORECASTED PLAN
DRILLING TARGETS
Acquire 2D trade data
Q1-2 ,2023
FORECASTED PLAN
Q2 ,2022
FORECASTED PLAN
SEISMIC
Acquire 2D trade data
Q4 ,2022
FORECASTED PLAN
DRILLING PROGRAM
Start drilling program