Helium exploration company Helium One has completed its 2021 exploration drilling campaign, allowing it to move onto Phase 2 exploration work at its Rukwa Project in Tanzania.
Drilling at Tai-1 defined a working helium system with the Rukwa Basin. Following the revealing of seal, reservoir, and trapping geometries, a charge mechanism in the basic away from known surface seeps was also identified.
A well-developed 130m thick sealing claystone at the top of the Karoo Formation could support the trapping of helium within the reservoir formations beneath.
Helium One Global Ltd (LON:HE1) was founded in September 2015. The Company’s focus is to explore, develop, and ultimately, become a producer of high-grade helium for the international market, a critical material essential in modern technologies.