INVESTORS OBSERVER: Desert Mountain Energy (DMEHF) Stock Rises After Commencing Drilling on New Well
Desert Mountain Energy’s commencement of drilling on well #4 in the Holbrook Basin will be key as it seeks to explore an area that has been dubbed “the Saudi Arabia of helium,” and is expected by Desert Mountain to become one of the world’s largest sources of helium. The company plans to drill down to the bedrock granite, a process that is expected to take ten days to drill and test. Once completed, DMEHF will have drilled approximately 3900 feet, the deepest well to date. TO READ MORE, CLICK HERE
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