Noble Helium Ltd. (AU:NHE) has released an update.
Noble Helium Ltd. has announced promising developments at its Mbelele site in Tanzania, with evidence of commercial helium production potential. Recent mud-log data and reservoir modeling suggest the presence of high helium concentrations and the potential for commercial flow rates. The company is preparing for low-cost testing to confirm these results, which could greatly enhance early commercialization prospects.
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