Helium One is a unique opportunity on London’s AIM market

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  • Helium One Global sees further helium gas shows in Tai-1 well
  • Helium One’s latest drill intercept shows proof of concept, and could be just a taste of things to come
  • Helium One’s latest gas shows are encouraging – broker
  • Helium One Global confirm another ‘very significant’ helium gas show
Helium One is bringing a world class opportunity to London's AIM market

Quick facts: Helium One Global Ltd

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Helium One Global has identified a globally unique, large-scale, high-grade, primary helium project in Tanzania. It has 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.

Through Helium One’s subsidiary companies Gogota (Tz) Limited, Stahamili (Tz) Limited and Njozi (Tz) Limited, the company has secured 18 Prospecting Licences covering more than 4,512 km2 in three distinct project areas: the Rukwa, Balangida and Eyasi projects. These are located near surface seeps with helium concentrations ranging up to 10.5% He by volume.

12 Jul 2021

() has confirmed another notable helium gas show in the Tai-1 well, which is now being sidetracked due to a setback to the programme in Tanzania.

The gas shows were encountered above the well’s primary target zone, with the shows seen between a depth of 552 metres to 561 metres, and, were observed visually at surface as bubbles in drilling mud.

Prior to reaching the main target the well ran into trouble as a drill pipe was lost into the hole at 561 metres and contractor Mitchell Drilling, unable to retrieve the pipe, will now sidetrack the well from a depth of 483 metres.

“The identification of helium gas shows in the Red Sandstone group between 552 and 561 metres is another unexpected, but positive result as this zone was previously considered to be of low prospectivity,” said chief executive David Minchin. “This gas show, along with our earlier reported gas show announced on 22nd June, demonstrates a working helium system and supports helium prospectivity for additional gas shows throughout the stratigraphy.”

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06 Jul 2021

() chief executive David Minchin recently flew out to Tanzania amidst highly encouraging early indications from the explorer’s maiden well at the Rukwa project – in which evidence of helium was confirmed in drilling mud – and via social media he has now given investors key insights into this development.

Whilst the drilling of the Tai-1 well continues early indications point to an important ‘proof of concept’ breakthrough for the project, which was presented prior to drilling as potentially the largest new discovery of helium in the world.

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21 Jun 2021

() has identified evidence of helium in drilling mud whilst drilling its maiden exploration well, at the Rukwa project in Tanzania.

The company, in a statement, said it identified the helium shows in a shallow section of the Tai-1 well, from 70.5 metres, and added that micro-gas chromatograph showed helium concentrations up to 2.2% (22,084 parts per million).

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25 Jun 2021

Among the most recent posts on the () twitter feed are images of chief executive David Minchin en route to Tanzania.

It’s still a relatively complex matter getting around the globe in these virus-ridden times, but for Minchin the trip was a no-brainer in the light of Helium One’s recent and early drill success.

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12 Jul 2021

Stockbroker SP Angel described the latest results from ‘s () Tai-1 well in Tanzania.

Helium One, in a statement on Monday, reported its latest notable helium gas show in the well above its primary target zone. Shows were seen from a depth of 552 metres to 561 metres and helium gas was observed visually at surface as bubbles in drilling mud.

“With further drilling still to take place at Tai-1, these are early days in the company’s drilling campaign. Early helium/gas shows are encouraging but obviously not conclusive at this stage,” analyst Sam Wahab said in a note.

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12 Jul 2021

() David Minchin joins Proactive London to confirm another notable helium gas show in the Tai-1 well. He goes on to explain why this will now be sidetracked due to a setback to the programme in Tanzania.

He explains that the delay caused by the loss of drill string in the midst of the drilling is unfortunate but that contingency plans have been implemented to sidetrack from above the lost pipe and continue drilling to test both the Red Sandstone gas show and priority target horizons beneath.

27 Nov 2020

HeliumOne – () Presenting at the Proactive One2One Virtual Forum

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Helium One Global confirm another ‘very significant’ helium gas show

Helium One Global Ltd (LON:HE1) David Minchin joins Proactive London to confirm another notable helium gas show in the Tai-1 well. He goes on to explain why this will now be sidetracked due to a setback to the programme in Tanzania.

He explains that the delay caused by the loss of drill…

11 hours, 18 minutes ago

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