Helium One Global Limited (GB:HE1) has released an update.
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Helium One Global Ltd, a leading helium explorer in Tanzania, has successfully deepened the Itumbula West-1 well, revealing significant helium and hydrogen shows at greater depths than previous phases. The operation reached a new total depth of 1129m, with preparations underway for extended well testing across two key geological intervals. The company’s continued progress is supported by the Tanzanian Ministry of Minerals and Mining Commission and is part of their strategy to become a major player in the helium market.
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