Helium One Global

Financials:

Primary ticker: AIM:HE1
Stage of development: Exploration
Primary minerals: Helium
Project to promote: Rukwa
Project location: Tanzania
Website: www.helium-one.com

Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences totalling more than 2,964km2 across three distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.

The Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. The assets lie near surface seeps with helium concentrations ranging up to 10.6% He by volume. All Helium One’s licences are held on a 100% equity basis and are in close proximity to the required infrastructure.

The Company’s flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900km2 in south-west Tanzania. The project is considered to be an advanced exploration project with leads and prospects defined by a subsurface database including multispectral satellite spectroscopy, airborne gravity gradiometry, 2D seismic data, and QEMSCAN analysis. The Rukwa Project has been de-risked by the 2021 drilling campaign, which identified reservoir and seal with multiple prospective intervals from basin to near surface within a working helium system.

Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.

Cash: USD$13.7M
Debt: NIL

Major shareholders:
Hargreaves Lansdowne – 23%
Interactive Investor – 10%
Oberon Investments – 7.7%
Liam Hale – 7%
Management Ownership – 1.9%

Management Profile

Lorna Blaisse – CEO
Lorna is a skilled Exploration Geologist with over 17 years’ experience in exploration and appraisal of oil and gas projects across Africa. She has direct experience of rift basin geology, having worked in the Lake Albert Rift Basin in Uganda, the Termit Basin in Chad as well as operational experience managing and delivering successful exploration campaigns in Central and East Africa.

What is your rationale for taking part in 121 Mining Investment?

Update the market on Helium One and raise the company profile amongst potential new investors

What recent news would you like to highlight to investors attending?

Upcoming drilling plans for the 2023 exploration campaign

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Commence mobilisation of drilling rig to Rukwa project

 

6 Months:
Ongoing drilling of priority targets

 

12 Months:
Submission of mining licence application for fast track production and ongoing exploration to grow globally strategic resource base

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Exploration risk associated with drilling. We have developed an integrated subsurface database with multiple geophysical techniques used to define and risk-rank priority targets

What do you think makes your company such a compelling investment?

Potential to develop a globally strategic resource in a supply contstrained commodity used extensively in high-tech industries.

What are the top 3 key investor takeaways?

High-tech, high-value, commodity.
Globally strategic resource in de-risked exploration basin.
High-grade, high margin, operation.