Exploration Portfolio

Blue Star has significant exploration upside within our 300,000 gross acres leased which contains significant prospective and discovered contingent resources.

Following a successful initial exploration campaign resulting in multiple discoveries being brought into production, the exploration portfolio is being advanced ahead of the next exploration drilling campaign targeting high ranked prospects.

The company will continue to grow its prospective resources and replace discovered contingent helium resources and reserves as they are produced.

Blue Star’s portfolio comprises substantial shallow resources associated with the Lyons helium play, and also contains identified deeper plays considered to potentially contain significant resources.