Helium One Global Ltd Africa Energies Summit

RNS Number : 6284O

Helium One Global Ltd

16 May 2024

 

 16 May 2024

 

Helium One Global Ltd

("Helium One" or "the Company")

Africa Energies Summit

Helium One Global (AIM: HE1), the primary helium explorer, is pleased to announce that the Company's CEO, Lorna Blaisse, is today presenting at the Africa Energies Summit 2024.  A copy of the presentation will be available on the Company's website in due course at Presentations - Helium One Global (helium-one.com). 

For further information please visit the Company's website: www.helium-one.com 

 

 

Contact

Helium One Global Ltd Lorna Blaisse, CEO	[phone]
Liberum Capital Limited (Nominated Adviser and Joint Broker) Scott Mathieson Ed Thomas Nikhil Varghese	[phone]
Tavistock (Financial PR) Nick Elwes Tara Vivian - Neal	[phone]

 

 

Notes to Editors

Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences across three distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.

The Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. The assets lie near surface seeps with helium concentrations ranging up to 10.6% helium by volume. All Helium One's licences are held on a 100% equity basis.

The Company's flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900km2 in south-west Tanzania.  This project is considered to be entering an appraisal stage following the success of the 2023/24 drilling campaign, which has proved an established helium system where the Itumbula West-1 exploration well successfully flowed 4.7% helium to surface in Q1 2024. Additional follow on leads and prospects are defined by a subsurface database including multispectral satellite spectroscopy, airborne gravity gradiometry, 2D seismic data, and QEMSCAN analysis.

Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NRASFIFUIELSESI