Helium One has reached total depth (TD) at the Itumbula West-1 well in the granitic Basement with "elevated helium" shows, surpassing background levels by 20x, especially through the Lake Beds Formation, Red Sandstone Group, Karoo and Basement targets. Alongside helium, high hydrogen concentrations were also noted in the Lake Beds Formation. The next steps include wireline logging and well testing to further assess the potential of these findings for viable helium and hydrogen extraction.
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