The company also announced it has received firm commitments to raise A$6 million to fund its multi-well drilling program in the area.
US-focussed Blue Star Helium has picked up a further 6720 net acres near its existing position at the latest Colorado State Land Auction, bringing its total land position in Las Animas to over 127,000 net acres.
The company also announced it has received firm commitments to raise A$6 million to fund its multi-well drilling program in the area.