The latest update is out from Blue Star Helium ( (AU:BNL) ).
Blue Star Helium Limited has successfully drilled the Jackson 27 well at its Galactica helium project in Las Animas County, Colorado, reaching the total depth with confirmed gas presence. The well, which penetrated 60 feet of high-quality, gas-saturated Lyons Sandstone, is expected to significantly advance the company’s commercial production capabilities. The ongoing success of this project, in partnership with Helium One Global Ltd, underlines the potential of the Galactica project and reinforces Blue Star’s position in the helium exploration industry.
More about Blue Star Helium
Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) is an independent helium exploration company with operations and exploration in North America. The company focuses on finding and developing new supplies of low-cost, high-grade helium, which is a unique industrial gas used in various high-tech industries such as MRI, semiconductor manufacturing, fibre optics, and space exploration.
YTD Price Performance: 40.0%
Average Trading Volume: 49,262
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.83M
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