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America’s Top Resource is Drying Up, but Who Unlocked New Deposits?

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stockhouse.com

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alert@stockhouse.com

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Thu, Nov 4, 2021 05:07 PM

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Arizona’s desert landscape represents future potential for energy development that could power

Arizona’s desert landscape represents future potential for energy development that could power tens of thousands of homes and businesses. [Open in your browser]( [Investor Alert] [Stockhouse.com]( America’s Top Resource is Drying Up, but Who Unlocked New Deposits? --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( Top Resource is Drying Up, but Who Unlocked New Deposits?) [LinkedIn]( [Email](mailto:?subject=America’s Top Resource is Drying Up, but Who Unlocked New Deposits?&body= Jon Brown, Stockhouse Arizona's desert landscape represents future potential for energy development that could power tens of thousands of homes and businesses. (Image via Desert Mountain Energy Corp.) Desert Mountain Energy Corp. ([TSX-V: DME]( [OTCQX: DMEHF]( [Forum]( has been busy advancing its work to extract and process one of the top resource investments around – helium. One of the last, and possibly most significant sources of helium is Northeastern Arizona's Holbrook Basin. After discovering another new helium field in its property in the state, the company continues to expand and grow its reserves with each new find .... In late [October 2021]( Desert Mountain announced that it had completed additional work on Well #2 and has discovered helium and hydrogen in a lower portion of the previously perforated formation. The gaseous composition will permit the company to comingle production from Well #2 with gas production from Well #4 in the McCauley Field. [SEE COMPANY PROFILE]( An independent laboratory provided Desert Mountain with the following results: This past summer, the resource company reported that it encountered [significant showings of helium]( across four formations in its fourth wildcat well at its Holbrook Basin in East Central Arizona, where the formations proved up geological models involving the traps that will allow the company to exploit the helium reservoirs. In [September 2021]( Desert Mountain's team finished testing of Well #4 and those results show that the company was successful in discovering another new helium field in Arizona. Gas samples from testing were sent to independent laboratory for gas chromograph analysis which confirmed the presence of commercial quantities of helium. The company encountered helium in a total of 14 zones at various depths during drilling operations, with an inferred and confirmed total thicknesses of helium bearing zones. Looking ahead, the company's geologic team had identified five to six developmental wells at this location and anticipate drilling three more wells between now and the time the processing facility will be brought on-line in 2022. Desert Mountain continues to build out its finishing and processing plant, where the base site prep has been completed and the engineering team is finalizing the sourcing, acquisition, and construction for the operation plant. The company intends to release more definitive time frames for initial production once the balance of supplier contracts being executed is complete. [INVESTOR UPDATES]( Helium prices have been rising faster than the gas itself. It was valued at $0.8356 per cubic foot this time last year, but now sits at $26.47. In turn, DME stock climbed 32% since this time last year and 62% year to date. (Desert Mountain Energy Corp. stock chart – January 2021 to October 2021.) For investors searching out an operation in this space that is gathering resources at the right place at the right time to capitalize on one of the best resource investment opportunities in a generation., Desert Mountain Energy Corp. is on track to increase further as global supplies continue to decrease while its own stockpile grows. [VIEW COMPANY WEBSITE]( FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd. 1100 – 609 West Hastings Street | Vancouver | BC | V6B 4W4 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com The advertiser featured in this Stockhouse Publishing Ltd. Alert has paid a fee in cash or stock not exceeding $5,000 to have their corporate information featured. The information shown is solely the responsibility of the advertiser [Desert Mountain Energy Corp.], not Stockhouse Publishing Ltd, whose only function was as a supplier of media facilities. Any information provided is not to be construed as a recommendation or suggestion or offer to buy or sell securities. Your information is shared only with the advertiser featured in this Alert and will not be sold or rented to any other third party. The advertiser may contact you from time to time with updates. You opted in to receive this Alert, which are sent on a request-only basis. To advertise, please contact us at sales@stockhouse.com.

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