Edenville Energy plc announced it was increasing mining and processing following site preparations at the Rukwa coal mine in Tanzania. PRODUCTION More than 400 tonnes of coal were processed during the last two weeks of September 2021, similar to the whole of H1 2021. The company, which raised £2.475 million at the end of May […]
Tag: Rukwa – Tanzania
Helium One holds £10m at start of phase II
Helium One Global Ltd said it had completed its 2021 exploration drilling campaign and started Phase II exploration work at its 100% owned Rukwa project in Tanzania. INFORMATION Drilling has now been completed on Tai-2 without the company identifying helium gas. Helium One said it had gained valuable information on shallow trap and seal potential. […]
Helium One starts drilling Tai-2 exploration well
Helium One Global Ltd has started drilling its second exploration well, Tai-2, at its 100% owned Rukwa project in Tanzania. TARGETS The exploration well targets prospective Lake Bed stratigraphy, which was identified but not fully evaluated as part of the drilling of Tai-1. Tai-2 is located 20m from Tai-1 and utilises the same drill pad, […]
Helium One completes Tai-1A drill
Helium One Global Ltd has completed drilling the Tai-1A exploration well to a depth of 1,121m but poor hole conditions prevented logging below 882m at its 100% owned Rukwa project in Tanzania. KAROO FORMATION The company said that helium shows had been identified in all three target formations and encountered over five intervals in the […]
Helium One identifies gas show at Tai-1, Rukwa
Helium One Global Ltd has identified helium enriched gas in drilling mud (gas show) in the Lake Bed Formation during exploration drilling of Tai-1 well at Rukwa in Tanzania. The company said that helium shows were identified in shallow strata from 70.5 metres. Micro-gas chromatograph showed helium concentrations up to 22,084ppm (2.2%) He in gas recovered […]
Helium One receives £70,499 via warrant exercise
Helium One Global Ltd has received £70,499.99 following notices to exercise warrants over a total of 2,482,394 ordinary shares (warrant shares). The warrant shares will rank pari passu with the existing ordinary shares. Following admission, the company’s issued share capital will consist of 612,426,256 ordinary shares with voting rights. Helium One holds no ordinary shares […]