QualityStocksNewsBreaks – American Helium (TSX.V: AHE) (OTC: AHELF) Issues Update Regarding Ongoing Projects, Future Plans
Resource exploration company American Helium Inc. (TSX.V: AHE) (OTC: AHELF) (XFRA: 43UB) this morning issued a shareholder update detailing its recent milestones and ongoing projects. Per the update, the company was formed in 2017 around its Bruin Point acreage in Carbon City, Utah. Since then, it has announced projects in Eastern Colorado and Arizona’s Holbrook Basin. In January, American Helium acquired additional seismic on the Bruin Point acreage, significantly upgrading the resource potential of the project. In Eastern Colorado, through a partnership with Yankee Resources, the company aims to acquire acreage for re-entry or twin-drilling of two wells that produced…