RCS - Helium One Global Ld - Africa Energies Summit

Helium One GlobalAnnouncement

16/05/2024 07:00

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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) (https://www.helium-one.com/investors/presentations/) .

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

 

 

Contact

 Helium One Global Ltd                                         +44 20 7920 3150

 Lorna Blaisse, CEO

 Liberum Capital Limited (Nominated Adviser and Joint Broker)  +44 20 3100 2000

 Scott Mathieson

 Ed Thomas

 Nikhil Varghese

 Tavistock (Financial PR)                                      +44 20 7920 3150

 Nick Elwes

 Tara Vivian - Neal

 

 

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.

 

 

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