Noble Helium Advances Rukwa Drilling Project

Noble Helium Ltd. (AU:NHE) has released an update.

Noble Helium Ltd. has announced a new drilling contract with Tanzania’s BoreXpert Limited to appraise shallow wells in the Western Rukwa region, aiming to start before October’s end. This cost-efficient and low-risk agreement, facilitated by the Tanzania Mining Commission’s approval, sets Noble on track to probe the North Rukwa basin’s potential this dry season. The contract includes fixed mobilization and demobilization costs, offering financial predictability to the project’s execution.

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