Noble Helium (ASX:NHE) secured approval from the Tanzanian Mining Commission to award a contract to local firm BoreXpert to conduct a drill operation at the Western Rukwa area, according to a Thursday filing with the Australian bourse.
Rig mobilization is scheduled before the end of October as part of a shallow appraisal program in the area, the filing said.
Shares of Noble Helium jumped past 8% in recent Friday trade.
Price (AUD): $0.05, Change: $+0.0040, Percent Change: +8.33%
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