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Blue Star Re-enters Bolling #4 SESW Well at Voyager; Q4'23 Results

Blue Star Helium is progressing with its exploration activities at the Voyager helium development project in Las Animas, Colorado, with the Bolling #4 SESW well currently being drilled by Hydro Resources. This drilling phase will focus on the intermediate hole section towards the Lyons reservoir target. The operation, expected to take 6-10 days to reach the total drilling depth, will be followed by extensive testing, including wireline logging and flow and pressure assessments. Concurrently, the company continues its evaluation of the BBB #33 site where it just finished drilling. Blue Star also released its Q4'23 activities report emphasising the milestones over the quarter, mainly with Voyager and the A$7.5mm equity raise. The company ended the quarter with a cash balance of A$7mm and zero debt.

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