Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Helium One’s David Minchin looks ahead to Phase 2 at Rukwa

Helium One’s David Minchin looks ahead to Phase 2 at Rukwa

Helium One Global Ltd (AIM:HE1) (AIM:HE1) (AIM:HE1) (AIM:HE1) David Minchin joins Proactive about the completion of its 2021 exploration drilling campaign.

Minchin talks viewers through what they believe is significant new data to move rapidly to Phase 2 exploration work at its 100% owned Rukwa Project in Tanzania.

He says results from Tai-1 have shown a prolific basin with helium shows identified at multiple levels from near surface to basement.

And the identification of a 130m thick sealing unit at the top of the Karoo Formation, and presence of untested helium shows within Karoo reservoir, demonstrates potential for 'Deep' structural traps within the Karoo Formation.