Malcy's RNS comment..21 Jun 2021 17:41
.....Helium One Group
Helium One has announced the presence of helium enriched gas in drilling mud (a “Gas Show”) in the Lake Bed Formation while drilling Tai-1 well at the Rukwa Project (100%) in Tanzania. Helium shows identified in shallow strata from 70.5 metres led to Micro-Gas Chromatograph showing He concentrations up to 22,084ppm (2.2%) He in gas recovered from drilling mud.
Drilling operations will continue to the base of Lake Bed Formation, anticipated to be at 400 metres, before wireline logging can provide additional information. The management had indicated in a recent interview with me that the company would announce any Helium shows and that gas recovered from drilling mud is positive but as of yet still early days.