Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) CEO Lorna Blaisse talked with Proactive's Stephen Gunnion about the latest developments for the company, including a major milestone in Tanzania and updates on its US drilling campaign.
Blaisse discussed receiving an offer letter for a mining licence in Tanzania, highlighting its significance as the first of its kind for helium and its larger-than-standard 480 km² coverage. She explained that this will allow Helium One to further appraise the subsurface structure following its Itumbula discovery. The company is currently reviewing the terms, including regulatory requirements and partnerships with the Tanzanian government.
On the US front, Blaisse provided updates on the Jackson-31 well in Colorado, confirming free-flowing helium gas with no water association—an important distinction from the Tanzanian project. The rig is now mobilising to drill Jackson-4, part of a broader development campaign that will see multiple wells drilled in the coming weeks. Blaisse also reaffirmed that Blue Star remains on track for helium production in the first half of 2025.
With active projects in both Tanzania and the US, Helium One is progressing toward becoming a key helium producer.
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