NHE's All-Important 3D Seismic Commences
A positive surprise this morning - Noble Helium (ASX:NHE) has started the 3D seismic survey over the company’s North Rukwa helium project in Tanzania.
In keeping with NHE’s usual tight ship operations, NHE managed to start a week early too.
As the capstone on what has been a successful exploration program so far, the 3D seismic campaign aims to deliver “maximum pre-drill confidence'.
NHE’s 3D seismic is third layer of surveying done to identify a drill target for its frontier helium exploration in Tanzania:
This is what the first seismic shot collected from NHE’s project looks like:
Could this be the first glimpse of the world’s largest single company helium resource?
While that would be unlikely given NHE still has to work through 6-8 weeks more of the seismic survey, roughly one “swath” a week, it did get us thinking about what’s next for NHE this morning.
Here’s what we’re most looking forward to next for NHE:
- Drill target selection
- Farmout discussions to progress following results from 3D seismic
- Q3 2023 drilling
We’ve also updated our NHE Progress Tracker which outlines everything NHE has accomplished so far since we initially Invested:
