First Helium exercised an option to acquire 640 acres of highly prospective helium exploration lands at Dixonville, which are located nearby existing well penetrations with indicated helium concentrations, ranging from 1.7% to 5.7%. Additionally the company completed the field work phase of its proprietary ~5,200 acres 3D seismic data acquisition program over recently acquired lands at its Worsley property. It will process and evaluate the data, identify new prospective drill locations, and prioritize them in conjunction with the Company's existing, extensive inventory of drilling locations at Worsley. It is expected that this work will be completed by mid-May to coincide with the finalisation of its drilling plans for the next 12 months.
First Helium Acquires 640 Acres at East Worsley
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