NHE: North Nyasa Soil Gas Survey Commenced
Yesterday, our helium Investment, Noble Helium (ASX:NHE) announced that it has started a Soil Gas Survey at North Nyasa.
The survey should be completed by November before a planned restart and completion of the North Rukwa survey.
These Soil Gas Surveys form an important part of NHE’s overall exploration works in Tanzania as they go after a Q3 2023 drilling program which will test the two best drill targets.
The North Nyasa Project is located 230km southeast of Lake Rukwa:
Given the trend of known surface helium towards North Nyasa we’re hopeful this Soil Gas Survey turns up even more helium finds.
NHE also said that the company is targeting a maiden Prospective Resource Estimate in 2023.
What’s next for NHE? Initial results from 3D Seismic (3D “fast track” processed volumes).