American Helium Inc. (the “Company” or “American Helium”), a resource exploration company focused on the global growth of technology-driven demand for helium, is pleased to report it has filed official notification of intent regarding its upcoming workplan activities in Utah. As part of the expansion of operations at the Company’s Utah acreage, American Helium is undertaking preparations for the drilling of an exploration well, and as part of that process a Notice of Staking (NOS) has been filed with the offices of the Bureau of Land Management (BLM). A Notice of Staking (NOS) is effectively a public announcement which precedes a 30-day public comment period during which interested parties are invited to participate. Upon completion of the comment period, the Company has 10 days to undertake an on-site inspection with personnel from the BLM field office located in Price, Utah. The field inspection identifies and defines the need for any additional environmental or related studies and provides key information to refine and clarify cost estimations relative to site preparations for the drilling equipment. The Company will provide updates as events unfold and looks forward to mobilizing the drill equipment as part of its ongoing 2018 workplan. For more information about American Helium, please visit www.amerihelium.com.
About American Helium
American Helium Inc. is an exploration stage company with offices in British Columbia, Canada and Denver, Colorado. The Company is currently exploring for helium in southeast Carbon County, Utah and evaluating additional potential acquisitions in known Helium productive regions. With planned exploration well(s) due in 2018, holding potentially significant helium resources positions American Helium to capture an opportunity offered by rising global helium prices due to growing demand for helium driven by new technology-based applications. American Helium Inc. is listed on the TSX Venture, OTCQB and Frankfurt markets.