Exploration and development company, 80 Mile, has made a significant discovery at Finland’s Outokumpu Belt project, reporting what it believes to be the country's first published occurrence of helium at concentrations of up to 10.7%. The company also found geological hydrogen at concentrations of up to 46% in the same project site. These findings have been described as promising indicators of the potential for helium and hydrogen in the region, sparking plans for further exploration activities. The company utilized a portable helium detector to measure gas concentrations directly from historical drill holes, indicating the deeper subsurface potential in the area. In response to the encouraging results, 80 Mile is planning a proof-of-concept study to evaluate the commercial recovery of helium and hydrogen from existing deep drill holes. This study will assess the technical and economic feasibility of extracting these gases using modern recovery techniques. Managing Director Eric Sondergaard expressed enthusiasm over the findings, highlighting the company's commitment to leveraging these results to advance exploration efforts and achieve commercial viability in a cost-effective manner. The success of the upcoming study could mark a significant milestone towards generating cash flow from the project. In addition to the technical advancements, the article mentions the Helium Super Summit 2024, which will gather industry experts to discuss challenges and opportunities in the helium market, including aspects such as market volatility, global supply chains, and future pricing trends. The Summit aims to address critical questions surrounding the helium industry and its future prospects, providing a platform for stakeholders to engage with the latest developments and trends in the sector.