Helium One Global Ltd Investor Presentation (5130P)

TIDMHE1

RNS Number : 5130P

Helium One Global Ltd

19 October 2021

19 October 2021

Helium One Global Ltd

("Helium One" or "the Company")

Investor Presentation

Helium One (AIM: HE1) is pleased to announce that the Company has uploaded an updated investor presentation to the website which can be found here:

http://www.helium-one.com/presentations/

Helium One CEO, David Minchin, will be giving a presentation on the London South East webinar today, 19(th) October at 6pm. The registration page for the webinar can be found here:

https://us02web.zoom.us/webinar/register/WN_Xc5H-dV2Q3WdRaW5ycMdcg

The presentation includes details of planned exploration activity in 2022, including the following:

Deep Targets

   --    2D seismic Q4: 2021 
   --    Additional seismic planned for elsewhere in Rukwa as well as Eyasi and Balangida: Q2/Q3 2022 
   --    Target drilling with conventional rig: Q3/Q4 2022 

Shallow Targets

   --    ERT/MT survey to identify gas filled reservoirs near surface: Q4 2021 / Q1 2022 
   --    Target drilling with lightweight rig: Q1/Q2 2022 

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

Contact

 
 Helium One Global Ltd 
  David Minchin, CEO                  [phone] 
 
 Beaumont Cornish Ltd (Nominated 
  Adviser) 
  James Biddle 
  Roland Cornish                      [phone] 
 
 Canaccord Genuity Limited (Joint 
  Broker) 
  Adam James                          [phone] 
 
 Peterhouse Capital Limited (Joint 
  Broker) 
  Lucy Williams                       [phone] 
 
 Tavistock (Financial PR) 
  Nick Elwes 
  Tara Vivian-Neal                    [phone] 
 

Notes to Editors

Helium One was founded in September 2015 to explore, develop, and ultimately, become a producer of low-carbon helium, a critical material that is essential in many modern technologies.

Helium One has identified a globally unique, large-scale, high-grade, primary helium project in Tanzania with the potential to become a strategic asset in resolving a supply-constrained market.

Helium One's assets are located within the rift basins on the margin of the Tanzanian Craton. The Company has secured 18 Prospecting Licences covering more than 4,512 km(2) in three distinct project areas: the Rukwa, Balangida and Eyasi projects. These are located near surface seeps with helium concentrations ranging up to 10.6% He by volume.

The Company's flagship Rukwa Project is located within the Rukwa Rift Basin covering 3,448km(2) in south-west Tanzania. The project is considered to be an advanced exploration project with a portfolio of leads and prospects defined by high-resolution gravity gradiometry, and modern and historic 2D seismic. The Rukwa Project has been derisked by the 2021 drilling campaign, which identified reservoir and seal with multiple prospective intervals from basin to near surface within a working helium system.

SRK Consulting have reported a 'Best Estimate' Un-risked Prospective Resource of 138 Bcf (2U/P50) for the Company's Rukwa Project, meaning that the project has potentially strategic global implications with the ability to significantly resolve helium supply/demand issues.

All Helium One's licences are held on a 100% equity basis and are in close proximity to the required infrastructure.

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 HOGLF.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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

DOCDKCBKFBDKCKD

(END) Dow Jones Newswires

October 19, 2021 04:10 ET (08:10 GMT)