D3 Energy Ltd (ASX: D3E, OTCQB: DNRGF) has been granted three new Technical Cooperation Permits (TCPs) adjacent to its flagship exploration permit ER315 in South Africa
The new permits, TCP258, TCP259 and TCP260, cover a combined area of more than 5,700 hectares, expanding the company’s exploration footprint in a key helium province.
These newly acquired TCPs provide additional low-cost exploration and appraisal opportunities. Previous appraisal work at ER315 has demonstrated promising results, with helium samples of up to 6.2% confirmed during production testing of multiple boreholes at shallow depths.
The TCPs are valid for one year and will involve low-cost desktop studies. Upon completion of these studies, D3 Energy may apply for Exploration Rights over the relevant areas.