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Blue Star Helium Advances Galactica Project with New Well

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Blue Star Helium Advances Galactica Project with New Well

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An update from Blue Star Helium ( (AU:BNL) ) is now available.

Blue Star Helium has announced the spudding of the State 9 development well at its Galactica helium project in Colorado, marking the sixth well in the current drilling program. The project, part of the larger Galactica/Pegasus development, is being advanced in collaboration with Helium One Global Ltd, which is funding part of the drilling costs. The development of the nearby Red Rocks helium project further supports the commercialization of Galactica, potentially enhancing Blue Star’s market position in helium exploration.

More about Blue Star Helium

Blue Star Helium Ltd is an independent helium exploration company operating in North America, focusing on discovering and developing new supplies of low-cost, high-grade helium.

Technical Sentiment Signal: Sell

Current Market Cap: A$16.17M

See more insights into BNL stock on TipRanks’ Stock Analysis page.

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