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Noble Helium Reports Helium Shows at Mbelele-1 in North Rukwa

Noble Helium progressed in its drilling efforts at the Mbelele-1 well within the North Rukwa Helium Project in Tanzania. The well encountered substantial helium shows, and wireline logs suggest the presence of well-developed reservoirs and seals. Preliminary sampling indicates that the total net reservoir thickness is 45.7m compared to the 20m net reservoir used by NSAI and the company in the Upper and Middle Lake Beds for resource estimation. Further drilling at Mbelele-2 is planned to assess commercial potential, and results from laboratory analysis are awaited to confirm the helium discovery.

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