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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  V.DME.WT | DMEHF

Desert Mountain Energy Corp. is a Canada-based resource company. The Company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company holds properties under lease for helium, oil and natural gas in the Holbrook Basin of Northern Arizona. The Holbrook Basin Helium Project comprises +1000,000 acres of key Helium prospects under lease. Located in the prolific Holbrook Basin in Northeast Arizona. Its secondary focus is developing hydrogen assets in the McCauley Helium Field. Noble gases or inert gases are six gaseous elements found in small amounts in the Earth’s atmosphere. They include helium (He), neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), and radon (Rn).


TSXV:DME - Post by User

Comment by Bertie20on Apr 29, 2021 9:39am
174 Views
Post# 33090015

RE:RE:DESERT MOUNTAIN ENERGY SECURES PERMIT FOR WELL

RE:RE:DESERT MOUNTAIN ENERGY SECURES PERMIT FOR WELLMany thanks HH. Very informative background.
As always, the company sounds confident, but it's equally important to note that this is another exploration well, with the associated level of uncertainty. In particular, they are drilling super deep here--I'm not sure if anyone has drilled this deep before in this part of the basin, and what this means for helium content, reservoir quality etc is not known. I trust these guys enormously--Rohlfing's record is second to none--but no one should be assuming success.
Anyhow, notwithstanding that cautionary note, it's wonderful to see the permits issued, and very much looking forward to an avalanche of news flow over the remainder of the year....
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