23rd Dec 2025 21:22
Quantum Helium Ltd - Sydney-based mining company targets helium, hydrogen and hydrocarbons in the US and Australia formerly called Mosman Oil and Gas - Says last week marked two major milestones for the company: completion of the Sagebrush 3D seismic acquisition and finalisation of the Coyote Wash Sproule ERCE independent resource report. In addition, the company also finalised the irrevocable letter of credit required for the extended flow test at Sagebrush-1. Together, these achievements have significantly advanced Quantum's regulatory, technical and development position heading into 2026, it says. The regulatory progress continues with the company expecting final sign-off for the extended flow test at Sagebrush-1 once the Bureau of Indian Affairs completes its review cycle. Early 2026 priorities include: receipt of fully processed and interpreted 3D seismic results; commencement of the extended flow test at Sagebrush-1 upon final BIA approval; integration of the new seismic into 2026 drilling and development planning; and advancement of commercial discussions and surface development options. Read More
