Helix Exploration Plc (GB:HEX) has released an update.
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Helix Exploration Plc has announced the start of construction for an access road and drill pad at the Ingomar Dome project in Montana, with a two-well drilling program planned for Q3 2024 aimed at cost-effective helium exploration. The company reported below-budget costs for the upcoming drilling at both Ingomar and Rudyard sites, with significant savings from using local suppliers. Helix Exploration remains focused on an aggressive development timeline, targeting first helium production by Q4 2025.
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