Blue Star’s helium resources balloon in the USA↩️
Matt Birney SPONSORED Mon 8 February 2021 5:27PM
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Helium is used in cooling the superconducting magnets in MRI machines. Credit: File
ASX-listed Blue Star Helium’s US helium development hopes have been given a massive lift on the back of a 175 per cent increase in combined potential resources to 9.6 billion cubic feet across five prospects at its Las Animas helium project in Colorado. The additional 6.1 billion cubic feet in “2U/P50 unrisked prospective” helium resources came from Blue Star’s newly assessed Galactica, Pegasus and Argo prospects.
Galactica, Pegasus and Argo lie east of the historic high-grade Model Dome helium field which produced helium gas at an exceptional grade of 8 per cent in its day. Enterprise and Galileo lie just west of Model Dome.
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