Stocks of the Hour: Noble Helium, E79 Gold Mines, Syrah Resources

Stocks of the Hour: Noble Helium, E79 Gold Mines, Syrah Resources

Noble Helium Limited (ASX:NHE) found significantly elevated helium concentrations in gas bubbles at the southern North Rukwa project, near Kinambo. A team from the University of Dar es Salaam used a Mini-Ruedi mass spectrometer to analyze six areas, all showing above-background helium levels. These locations align with potential shallow gas targets for the next drilling program. The shares are currently trading

E79 Gold Mining Limited (ASX:E79) has provided an update on its exploration at the Mountain Home Copper-Gold project in the Northern Territory, with work progressing ahead of drilling planned for 2025. CEO Ned Summerhayes noted impressive results on rock chips during the field trip initial, assaying up to 45.5% Copper and 11.75 g/t gold from the 1km long mapped gossan. The team is now integrating these findings into a regional geological framework. The shares are currently trading

Syrah Limited resources (ASX:SYR) announces that its subsidiary, Twigg Exploration and Mining Limitada, has signed a binding loan agreement with the United States International Development Finance Corporation for $150 million (S$227 million) in financing to support the Balama Graphite operation in Mozambique. The shares are currently trading

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