Helium One Global Ltd Investor Presentation (5130P)
October 19 2021 - 3:10AM
UK Regulatory
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 +44 20 7920 3150
Beaumont Cornish Ltd (Nominated
Adviser)
James Biddle
Roland Cornish +44 20 7628 3396
Canaccord Genuity Limited (Joint
Broker)
Adam James +44 20 7523 8000
Peterhouse Capital Limited (Joint
Broker)
Lucy Williams +44 20 7220 9792
Tavistock (Financial PR)
Nick Elwes
Tara Vivian-Neal +44 20 7920 3150
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.
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