Blue Star Helium Limited · ASX:BNL
Blue Star Helium — North American Helium Conference 2023
20 slides from Blue Star Helium's conference presentation, Mar 27, 2023
Slide 1: North American Helium Conference – Technical Presentation
NORTH AMERICAN HELIUM CONFERENCE For personal use only Technical Presentation March 2023
Slide 2: The Leading Helium Pure Play
For personal use only THE LEADING HELIUM PURE PLAY Strategic early-mover in the world’s largest helium market High grade helium resource in Las Animas, Colorado, U.S. Low cost, high impact exploration and development drilling program Voyager discovery development with experienced midstream partner F
Slide 3: The Proven and Potential Plays
THE PROVEN AND POTENTIAL PLAYS For personal use only Las Animas County, SE Colorado Trent Spry
Slide 4: Blue Star's Las Animas Leasehold
BLUE STAR’s LAS ANIMAS LEASEHOLD For personal use only YAMATO GALACTICA/ DEFIANT PEGASUS 8.8% CO2 RED DWARF ENTERPRISE 8.8% VOYAGER 3.1% MODEL 4-6% GALILEO DOME ARGO (8% He) 2.0% FIREBALL 2.1% LEAD SERENITY PROMETHEUS GENERATION AREA MILANO Development leases MILLENIUM Exploration leases BENATOR DEV
Slide 5: Structure & Stratigraphy
STRUCTURE & STRATIGRAPHY Denver Basin For personal use only Raton Basin ANNADARKO BASIN Dalhart Sierra Grande Uplift Basin
Slide 6: Helium Source
HELIUM SOURCE Basement including Las Animas Formation provide source with significant generation capacity and volume For personal use only Granite Las Animas Formation Granite Granite Granite Granite Basement Depth Radiogenic/Basement Composition
Slide 7: Helium Charge
HELIUM CHARGE Recent thermal, structural & fracturing induce helium charge proven by helium wells & surface anomalies For personal use only Shallow Intrusives Dyke Fractures High He Well High He Soil Gas
Slide 8: Gas Compositional Analysis
GAS COMPOSITIONAL ANALYSIS For personal use only YAMATO GALACTICA/ DEFIANT PEGASUS 8.8% CO2 RED DWARF ENTERPRISE 8.8% VOYAGER 3.1% MODEL 4-6% GALILEO DOME ARGO (8% He) 2.0% FIREBALL 2.1% LEAD SERENITY PROMETHEUS GENERATION AREA MILANO Development leases MILLENIUM Exploration leases BENATOR DEVELOPME
Slide 9: Gas Compositional Analysis
GAS COMPOSITIONAL ANALYSIS Strong positive correlation between helium & nitrogen suggesting a related charge mechanism For personal use only He% N2% N2%
Slide 10: Gas Compositional Analysis
GAS COMPOSITIONAL ANALYSIS For personal use only (δ13CCO2 = -5 to -10) (δ13CCO2 = -5 to -10) CO2% He% CO2% N2%
Slide 11: Cross-Section Basemap & Helium, CO2 Distribution
CROSS-SECTION BASEMAP & HELIUM, CO2 DISTRIBUTION For personal use only 8.8% 8.8% Marquez-1 3.1% Palmer 1-35 4-6% 2.0% 8.0% 2.1% Catherine Mock-1 2.2%
Slide 12: Marquez to Palmer Cross-Section
MARQUEZ to PALMER CROSS-SECTION For personal use only 8.8% He 8% He 7% He 3% He X X X X CO2 X N2 X X X X X N2 X N2 N2 X X X X N2 N2 X XX X X X X X X X X X X X N2 N2 X X X X N2 X X X N2 N2 X N2 X X X X X X X N2 N2 X X X X N2 N2 CO2
Slide 13: Cath. Mock to Palmer Cross-Section
Cath. Mock to PALMER CROSS-SECTION For personal use only 2.2% He
Slide 14: Las Animas Formation + Fractured Basement / Wash
LAS ANIMAS FORMATION + FRACTURED BASEMENT / WASH Potential For personal use only Basement 1000ft Las Animas Formation Basement Sealed by: Intraformational seals or overlying Pennsylvanian or Permian shales.
Slide 15: Pre-Pennsylvanian Carbonates (Arbuckle)
PRE-PENNSYLVANIAN CARBONATES (ARBUCKLE) Potential For personal use only 200ft Sealed by: Pennsylvanian shales.
Slide 16: Pennsylvanian
PENNSYLVANIAN Potential For personal use only 300ft 2.2% Sealed by: Intraformational shales/anhydrite or overlying Permian shales.
Slide 17: Lyons
LYONS Proven For personal use only 8.8% 8.8% 4-6% 8.0% 3.1% 2.0% 2.1% 200ft Sealed by: Blaine anhydrite & Day Creek shales.
Slide 18: Galactica / Pegasus Cross Section
GALACTICA / PEGASUS CROSS SECTION Showing recent discoveries For personal use only 7% He? 3% He 6-4% He 230 ft Gas 233.5 ft Gas 101 ft Gas 4-6% He 3.1% He 222 ft Gas
Slide 19: Voyager – Model Dome Cross Section
VOYAGER – MODEL DOME CROSS SECTION Showing recent discovery VOYAGER Model Dome For personal use only 8.8% He 8% He 134 ft Gas column Potential 8.8% He undrilled Ave. 8% He structure
Slide 20: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION The material in this presentation has been prepared by Blue Star Helium Limited (ACN 009 230 835)(“Company”). This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for
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