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The project is situated in a geologically proven region of Tanzania, highlighted by the Itumbula West-1 well’s 4.7% helium surface flow—an unequivocal sign of an active, high-grade primary helium system within the Eyasi-Rukwa geological corridor. Our assets lie adjacent to this major discovery, sharing the same tectonic and structural framework of the East African Rift System, celebrated for its deep faulting, fractured basement structures, and robust helium preservation.
The presence of confirmed helium seeps and high concentrations of up to 10.2% at the surface strongly indicate active source rocks and migration pathways that extend into adjacent licenses. Situated within the same helium charge system, the Eyasi Rift Basin promises similarly attractive reservoir and seal potential—offering a compelling opportunity for exploration and resource development.
Neighboring licenses represent early-mover opportunities in an underexplored helium province with potential for significant resource uplift upon discovery.
Helium’s strategic importance in semiconductors, quantum computing, AI, and space tech is driving long-term price resilience (spot prices up to $950/mscf) and attracting institutional and industrial interest.
Global Helium Market