Helium One Global Secures Mining Licence Offer for Southern Rukwa Helium Project in Tanzania

Helium One Global has received an offer for a Mining Licence for its southern Rukwa Helium Project in Tanzania, following a significant discovery last year. The application, submitted in September 2024 with a feasibility study, demonstrates the potential helium resources in the area. The Mining Licence covers a larger area than typically allowed, acknowledging the geological uniqueness of the region.

Helium One Global, a leading helium exploration company based in Tanzania, has received an offer for a Mining Licence (ML) for its southern Rukwa Helium Project. This achievement follows the positive finding from the Itumbula West-1 discovery last year. The ML application was submitted in September 2024 and included a feasibility study that highlights the helium resource potential in the region.

The approval of the Mining Licence represents a significant milestone for Helium One Global as it solidifies the company’s position in Tanzania’s burgeoning helium sector. The Ministry of Minerals and the Mining Commission’s recognition of the geological uniqueness of southern Rukwa underscores the potential of this resource area. Further updates will be forthcoming as the company reviews the offer letter and terms.

Original Source: africanminingmarket.com