A new helium province discovered
Current project areas
The Company holds in excess of 4,500km² of exclusive Prospecting Licences encompassing four project areas referred to as Rukwa, Balangida and Eyasi. All of these areas have surface seeps with helium concentrations ranging between 2.5% – 10.5% by volume, and have ideal geology to host sub-surface helium accumulations.
First mover advantage has given the Company the ability to control a globally significant helium-bearing province.
The licences are held under the Tanzanian Mining Act, and are not within national parks.
A maiden prospective resource assessment for Rukwa and associated Competent Persons Report (CPR) is currently work in progress by Netherland, Sewell & Associates Incorporated (NSAI). Geophysical surveys are planned in the near term at Eyasi and Balangida with the intention of advancing them to the same status as Rukwa.
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