Helium and CO2 Plant Construction Permit Approved
Helium One Global (HLOGF) announces approval of construction permit for helium and CO2 processing plant at the Galactica-Pegasus project in Colorado, USA. The permit, granted through Resolution MF 2025-001 on April 15, 2025, authorizes Blue Star Helium to construct the Pinon Canyon Plant in Las Animas County.
The Board of County Commissioners approved the permit after confirming the facility's necessity, suitable location, adequate road access, and compatibility with surrounding land use. This milestone enables the project to advance to construction and operational phases.
The Galactica project, discovered by Blue Star in 2022, is operated under a joint venture where Helium One holds a 50% working interest and will fund the first US $450,000 of the well. The company also owns prospecting licenses in Tanzania, where its flagship Rukwa Project recently achieved successful helium flow rates of 5.5% in Q3 2024 and secured a 480km² Mining License in March 2025.
Helium One Global (HLOGF) annuncia l'approvazione del permesso di costruzione per un impianto di trattamento di elio e CO2 nel progetto Galactica-Pegasus in Colorado, USA. Il permesso, concesso tramite la Risoluzione MF 2025-001 il 15 aprile 2025, autorizza Blue Star Helium a realizzare l'impianto Pinon Canyon nella contea di Las Animas.
Il Consiglio dei Commissari della Contea ha approvato il permesso dopo aver confermato la necessità dell'impianto, la posizione idonea, l'accesso stradale adeguato e la compatibilità con l'uso del territorio circostante. Questo traguardo permette al progetto di avanzare alle fasi di costruzione e operatività.
Il progetto Galactica, scoperto da Blue Star nel 2022, è gestito tramite una joint venture in cui Helium One detiene una partecipazione del 50% e finanzierà i primi 450.000 dollari USA del pozzo. L'azienda possiede inoltre licenze di esplorazione in Tanzania, dove il suo progetto principale, Rukwa, ha recentemente raggiunto tassi di flusso di elio del 5,5% nel terzo trimestre 2024 e ha ottenuto una licenza mineraria di 480 km² a marzo 2025.
Helium One Global (HLOGF) anuncia la aprobación del permiso de construcción para una planta de procesamiento de helio y CO2 en el proyecto Galactica-Pegasus en Colorado, EE. UU. El permiso, otorgado mediante la Resolución MF 2025-001 el 15 de abril de 2025, autoriza a Blue Star Helium a construir la planta Pinon Canyon en el condado de Las Animas.
La Junta de Comisionados del Condado aprobó el permiso tras confirmar la necesidad de la instalación, su ubicación adecuada, el acceso vial suficiente y la compatibilidad con el uso del suelo circundante. Este hito permite que el proyecto avance a las fases de construcción y operación.
El proyecto Galactica, descubierto por Blue Star en 2022, se opera bajo una empresa conjunta donde Helium One posee un interés operativo del 50% y financiará los primeros 450,000 dólares estadounidenses del pozo. La compañía también posee licencias de exploración en Tanzania, donde su proyecto principal, Rukwa, logró recientemente tasas de flujo de helio del 5.5% en el tercer trimestre de 2024 y obtuvo una licencia minera de 480 km² en marzo de 2025.
Helium One Global (HLOGF)는 미국 콜로라도의 Galactica-Pegasus 프로젝트 내 헬륨 및 이산화탄소 처리 공장 건설 허가를 승인받았다고 발표했습니다. 2025년 4월 15일 MF 2025-001 결의안을 통해 부여된 이 허가는 Blue Star Helium이 Las Animas 카운티에 Pinon Canyon 공장을 건설할 수 있도록 허용합니다.
카운티 위원회는 시설의 필요성, 적합한 위치, 충분한 도로 접근성 및 주변 토지 이용과의 적합성을 확인한 후 허가를 승인했습니다. 이 중요한 성과로 프로젝트는 건설 및 운영 단계로 나아갈 수 있게 되었습니다.
2022년 Blue Star가 발견한 Galactica 프로젝트는 Helium One이 50%의 작업 지분을 보유하고 있으며 최초 우물 비용 45만 달러를 부담하는 합작 투자로 운영됩니다. 또한 회사는 탄자니아에서 탐사 라이선스를 보유하고 있으며, 주요 프로젝트인 Rukwa는 2024년 3분기에 5.5% 헬륨 유량을 성공적으로 달성했고 2025년 3월 480km²의 광산 라이선스를 확보했습니다.
Helium One Global (HLOGF) annonce l'approbation du permis de construire pour une usine de traitement d'hélium et de CO2 dans le projet Galactica-Pegasus au Colorado, États-Unis. Le permis, délivré par la résolution MF 2025-001 le 15 avril 2025, autorise Blue Star Helium à construire l'usine Pinon Canyon dans le comté de Las Animas.
Le conseil des commissaires du comté a approuvé le permis après avoir confirmé la nécessité de l'installation, son emplacement approprié, un accès routier adéquat et la compatibilité avec l'utilisation des terres environnantes. Cette étape permet au projet de passer aux phases de construction et d'exploitation.
Le projet Galactica, découvert par Blue Star en 2022, est exploité dans le cadre d'une coentreprise où Helium One détient une participation opérationnelle de 50 % et financera les premiers 450 000 dollars américains du puits. La société détient également des licences d'exploration en Tanzanie, où son projet phare Rukwa a récemment atteint des taux de flux d'hélium de 5,5 % au troisième trimestre 2024 et a obtenu une licence minière de 480 km² en mars 2025.
Helium One Global (HLOGF) gibt die Genehmigung zur Errichtung einer Helium- und CO2-Verarbeitungsanlage im Galactica-Pegasus-Projekt in Colorado, USA, bekannt. Die Genehmigung wurde am 15. April 2025 durch die Resolution MF 2025-001 erteilt und autorisiert Blue Star Helium zum Bau der Pinon Canyon Anlage im Las Animas County.
Der Bezirksvorstand genehmigte die Erlaubnis nach Bestätigung der Notwendigkeit der Anlage, der geeigneten Lage, der ausreichenden Straßenanbindung und der Verträglichkeit mit der umliegenden Landnutzung. Dieser Meilenstein ermöglicht den Übergang des Projekts in die Bau- und Betriebsphase.
Das Galactica-Projekt, das Blue Star 2022 entdeckte, wird im Rahmen eines Joint Ventures betrieben, bei dem Helium One eine 50%ige Arbeitsbeteiligung hält und die ersten 450.000 US-Dollar für den Bohrlochbetrieb finanziert. Das Unternehmen besitzt außerdem Explorationslizenzen in Tansania, wo das Flaggschiff-Projekt Rukwa im dritten Quartal 2024 erfolgreiche Heliumflussraten von 5,5% erzielte und im März 2025 eine 480 km² große Bergbaulizenz erhielt.
- Construction permit approved for helium and CO2 processing plant, enabling project advancement
- Strong local support received from Las Animas County and stakeholders
- 50% working interest in Galactica-Pegasus project with development potential
- Recent success in Tanzania operations with 5.5% helium flow rates
- Secured 480km² Mining License in Tanzania (March 2025)
- Significant capital expenditure required with $450,000 initial well funding commitment
Helium and CO2 Plant Construction Permit Approved by Las Animas County
LONDON, UK / ACCESS Newswire / April 22, 2025 / Helium One Global (AIM:HE1), the primary helium explorer in Tanzania with a
Highlights
Permitting approved for construction of helium and CO2 processing plant
Application received strong support from Las Animas County, local industry, and local mineral and surface owners
Details
The approval, formalized through Resolution MF 2025-001 and made on 15 April 2025, grants Blue Star the authorisation required to construct the Pinon Canyon Plant. This facility will be located at Lot 6 of Section 31, Township 30 South, Range 54 West, 6th PM.
In granting the permit, the Board of County Commissioners specifically found that Blue Star had adequately demonstrated:
A clear need for a helium and CO2 processing facility at the proposed location
That the proposed location was suitable as were the plans for the operation of the processing facility
An adequate utility of existing roads and access to the proposed site, subject to agreeing a process for repairing road damage
The compatibility of the proposed helium and CO2 processing facility with surrounding land uses
This permit approval represents a milestone in the Galactica Project as the Pinon Canyon Plant is a critical path component of the development plans in the region and will allow the project to advance to construction and operational phases.
Galactica/Pegasus Development
The Galactica project forms part of the broader Galactica/Pegasus development, discovered by Blue Star in 2022. This large-scale project offers multiple potential product streams. Blue Star is advancing the Galactica project in joint venture with Helium One Global Ltd. Under the farm-in agreement, Helium One will fund the first US
The third-party owned Red Rocks helium project adjoins Blue Star's Galactica Project (see map below). Development of Red Rocks further supports the commercialisation of the Galactica Project.
For further information please visit the Company's website: www.helium-one.com
Contact
Helium One Global Ltd | +44 20 7920 3150 |
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Panmure LiberumLimited (Nominated Adviser and Joint Broker) | +44 20 3100 2000 |
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Zeus Capital Limited (Joint Broker) | +44 20 3829 5000 |
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Tavistock(Financial PR) | +44 20 7920 3150 |
Notes to Editors
Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences across two distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.
The Rukwa and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. These assets lie near surface seeps with helium concentrations ranging up to
The Company's flagship southern Rukwa Project is located within the southern Rukwa Rift Basin in south-west Tanzania. This project is considered to be entering an appraisal stage following the success of the 2023/24 exploration drilling campaign, which proved a helium discovery at Itumbula West-1 and, following an extended well test, successfully flowed
Following the success of the extended well test, the Company flowed significant quantities of helium to surface and filed a Mining Licence ("ML") application with the Tanzania Mining Commission in September 2024. The 480km2 ML has now been offered to the Company and was officially accepted in March 2025.
The Company also owns a
Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Helium One Global Ltd
View the original press release on ACCESS Newswire
FAQ
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What was Helium One's recent success rate at the Rukwa Project in Tanzania?
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