12th Jan 2021 18:00
Helium One Group Ltd - Tanzania-focused helium miner - Advances exploration programme at Rukwa project in southern Tanzania with submission of key environmental studies. Completes Environmental & Social Impact Assessment and Compensation Survey and submits key Environmental Impact Assessment for proposed drilling programme at Rukwa to the National Environment Management Council of the Tanzanian government.
"The company is very pleased to be able to press ahead with its planned field activities in Tanzania, taking important steps towards our planned drilling programme in the second quarter of 2021. Drill planning is progressing on schedule with rig-selection and contract negotiation well advanced. Submittal of the ESIA for drilling at the Rukwa project is a significant milestone and the culmination of several months of fieldwork, baseline mapping and community consultation," says Chief Executive David Minchin.
Scirocco Energy, which holds 4.6% stake in Helium One, notes announcement.
Helium One current stock price: 8.00 pence
Year-to-date change: up 10%
Scirocco current stock price: 1.05 pence
Year-to-date change: up 2.4%
By Lucy Heming;Â [email protected]
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