Noble Helium is aiming to hunt for natural hydrogen and helium in WA.
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Exploration permit application in the Southern Carnarvon Basin
  • Proposed exploration permit extends across the Merlinleigh Sub-basin
  • Application follows extensive groundwater bore sampling program
  • Testing positively indicated presence of naturally occurring helium and hydrogen

Noble Helium (ASX: NHE) has lodged an application with the Western Australia Department of Mines, Petroleum and Exploration (DMPE) for an onshore exploration permit to target hydrogen and helium in the Southern Carnarvon Basin in WA.

The Watchlist — short video interviews with ASX leaders. Watch now.

The exploration permit application is located with SPA 44 AO is one of three Special Prospecting Authorities held by Noble Helium (one of which has been provisionally granted) following the successful acquisition of 100% of Earth Source Hydrogen (ESH) in September 2026.

The proposed exploration permit, Merlinleigh, extends across the Merlinleigh Sub-basin and the Gascoyne Platform covering an area of approximately 7,760 sq. km. Both regions have highly attractive elements of prospectivity for helium and hydrogen and share a likely source associated with basin margin faults and a deep-seated ancient basement magmatic arc.

The application follows detailed geological work and independent analysis of data gathered from the extensive groundwater bore sampling program conducted across SPA 44 in 2026 that identified elevated helium and hydrogen measurements.

“The groundwater bore survey undertaken in SPA 44 by Earth Source Hydrogen and completed earlier this year has delivered some very encouraging results in terms of elevated helium and hydrogen measurements, which bodes well for prospectivity in the region,” executive chairman, Dennis Donald, said.

“Applying for an Exploration Permit is the first step in understanding the potential of the Merlinleigh block and we have submitted a work program that will significantly increase our understanding of the unique geological characteristics of this region and its potential for helium and hydrogen resource development.”

Mr Donald told shareholders the successful acquisition of 100% of ESH in September 2026 provided Noble Helium with a suite of three large onshore exploration assets in WA’s Southern Carnarvon Basin.

Straddling the Yilgarn Craton and western sedimentary basins, the geology of the ESH blocks exhibits a range of factors that indicate the potential for significant helium and hydrogen resources.

Noble Helium is is also testing a large-scale, geo-politically independent source of helium in Tanzania’s East African Rift System.

The company believes its North Rukwa Project has the potential to reduce global supply chain fragility and supply-demand imbalance for this scarce, tech-critical and high value industrial gas.

NHE was steady at 2.8¢ with a Mkt cap of $34.91M.

Join the discussion: See what HotCopper users are saying about Noble Helium and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

nhe by the numbers
More From The Market Online

West Cobar Metals obtains promising early results from scandium leach testwork at Salazar

West Cobar Metals has obtained positive leach testing results focused on scandium at the Salazar critical…

Terrain Minerals considering adding tungsten testing in RC drilling program at Smokebush gold and silver project

Terrain Minerals is considering testing for tungsten as well as gold and silver in its October…
HotCopper Daily Market Trends Graphic

Monday’s HotCopper trends: RAS Technology, Cleanaway Waste Management, Skylark Minerals and other daily topics

With more than 600k average monthly users on the HotCopper forums, each and every discussion can…

Askari Metals welcomes Ethiopian government transition as Nejo progresses

Askari Metals has welcomed the positive administrative transition in Ethiopia where it operates the Nejo project.