Desert Mountain Energy Corp (DMEHF)

[Middleborder]

Facility and Land Purchase as reported on DMEHF website.

November 29, 2022 DMEF News

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DESERT MOUNTAIN ENERGY ACQUIRES ADDITIONAL LAND ALONG WITH AN UPDATE ON THE McCAULEY HELIUM PROCESSING FACILITY
BY Canada NewsWire
— 9:45 AM ET 11/29/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, Nov. 29, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (DMEHF) (the "Company") (TSXV: DME) (OTC: DMEHF) From the President of the Company.

The Company is pleased to announce that it has acquired 40 acres of land for its South Winslow prospect. This land not only provides property to place initial processing equipment but more importantly, provides surface and Right of Way access to multiple, land-locked, state properties that the company wishes to develop.

In preparation for the McCauley Helium Processing Facility delivery to Arizona, GENERON, the Company's plant build contractor, is completing final testing and they will begin the breakdown of the modular building interconnects. Currently, it is anticipated to have all components on site between December 13-16, 2022. The Company will be using cranes to lift off and set all modular and accumulation tanks. Site assembly will begin upon arrival of the McCauley Helium Processing Facility.

In addition, Robert Rohlfing, CEO and Executive Chairman of DME was invited by the New York Stock Exchange (NYSE) and Freedom Capital Markets to attend the ringing of the opening bell on November 29, 2022. For more information or to watch the event live, visit www.nyse.com/bell.

[Middleborder]

Correction last; Should be Beam Earth, not Beamer.

[Middleborder]

DESERT MOUNTAIN ENERGY CORP. UPDATE ON THE McCAULEY HELIUM PROCESSING FACILITY



New YouTube video. Approx 32 min.

Robert Rohlfing, CEO of Desert Mountain Energy Corp., discusses the Company’s latest press release with Andrew O’Donnell, the host of Market Mindset. In this informative interview they discuss:

Assembly and delivery of the McCauley Helium Processing Facility
What caused delays
Testing
The path to production



CEO Robert Rolfing discusses the fabrication of their processing modules. Talks about steps and safety features used their new processing plant which is expected to lower Helium extraction costs.

They have built in testing systems to determine different elements they encounter during separation.

Mentions one well with a higher amounts of Noble gasses. Possible future market for CO2, but is avoiding wells with a higher CO2 content for now.

He expects the plant to run with one operater and to be able to monitor and make adjustments remotely from his home.

Expects Generon module testing to start on 11-18 and hope for completion around 11-29.

Expects 2 rounds of testing before they ship to the AZ Facility then hookup.

Will not commission between Christmas and New years.

Once testing starts they will begin collecting helium in a tank (Intially balloon grade) Will start making money from the point of comissioning. (Not much initially until every thing tuned up.)

Discusses how they will begin selling helium in a way that will be most beneficial to shareholders.

Discusses deal with Beamer. Turns Hydrogen into ammonia and then ships.

Discusses their Hydrogen drilling discovery.

Is not looking to raise any cash at the moment. No maybe I should. close to going into production and cash flow. But Better not to wait until you need, it.

Info on Gunnar Dome coming out prob by end of the month. Cant say at this time exactly how much they will produce.

They approached by Viewpoint (Dennis Quaid) regarding a small segment that will be coming out soon. Paid very little for it. Will be on PBS in the US.

More info in video.

(If you go to the Youtube click on the ... under the video and get the transcript)

Invested and holding. (LT choice for your tax free retirement account/Roth IRA) Also hold a mining stock that is close to being financed, but they do not anticipate to be producing until 2026. so I want to have something that has potential for growth and dividends within the next year.

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DESERT MOUNTAIN ENERGY CORP. UPDATE ON THE McCAULEY HELIUM PROCESSING FACILITY
BY PR Newswire
— 3:00 AM ET 11/11/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, Nov. 11, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (DMEHF) (the "Company") (TSXV: DME) (OTC: DMEHF) From the President of the Company, November 11, 2022 - The Company is pleased to announce its plant build contractor, GENERON, is completing assembly and will begin testing of the plant by 11/18/2022. It is expected that the testing of all modular units will be completed by 11/29/2022. Once testing is completed, any issues which may arise during testing will be addressed before the final runup test prior to shipping.

The infrastructure for the McCauley Helium Processing Facility is completed and awaiting delivery of the four modular housing units containing all the components necessary to finish helium to end-user specifications. Site preparation included fencing, road work, gravel foundation, flow line trenching and installation. The plant will initially use natural gas generators to power the unit. DME has taken delivery of the solar panels; battery storage will be delivered in the new year.

"This is a major milestone in the evolution of DME," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. (DMEHF) "This plant is the first of several that we plan to commission over the next few years. The commissioning of this plant is the culmination of years of research and development, resulting in a vertically integrated primary producer of helium servicing Arizona end-users."

The Company has tested additional zones in the Gunnar Dome well with flow sampling of gas and it is expected to have those results by the end of November. The rig was released.
ABOUT DESERT MOUNTAIN ENERGY (DMEHF)

Desert Mountain Energy Corp. (DMEHF) is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.

We seek safe harbor

"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO

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https://seekingalpha.com/article/4548173-desert-mountain-energy-closer-to-revenue-and-overseas-expansion

Oct. 21, 2022 2:34 PM ETDesert Mountain Energy Corp. (DME:CA), DMEHFAIQUF, AIQUY

Summary

Desert Mountain Energy's helium plant is closer to entering production.
Overseas business expansion has been hinted at as well as state side.
Dollar cost averaging could work in this environment to acquire speculative assets at beat up prices.

more at link.

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VANCOUVER, BC, Oct. 3, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.

The Company is pleased to announce that it has signed a Joint Operating Agreement (JOA) with Beam Earth Ltd. The JOA initially encompasses the shallow hydrogen zones found while drilling in the McCauley helium field. The agreement provides for the Company's continued ability to remain focused on its helium prospects, whilst utilizing Beam Earth ltd. expertise in hydrogen. Furthermore, this agreement provides the basis for opportunities for other JOA's with Beam in jurisdictions outside of Arizona.

"The cooperation of our technical teams provides a like-minded approach to exploration, development and production of helium and the emerging technologies surrounding the optimization of lower cost, naturally occurring hydrogen," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. "We look forward to working together with Beam Earth on the complexity of the geological settings and specific geophysical options required to be able to repeatedly duplicate successful exploration.

[CountOfMeltedCrisco]

Suit by Flagstaff over #3 is dismissed, except one minor detail:
https://www.desertmountainenergy.com/court-grants-motion-to-dismiss-claims-against-company/

Now perhaps they can discuss #3 in more detail. As in "H3".

And here's why the Little Rascal is of such interest:
https://www.explainingthefuture.com/helium3.html

Rumours are China is already planning to mine it on the Moon.

[fausthimself]

In this interview from August with DME president Don Mosher, he mentions the first processing facility will be up and running around the start of November. There will be a 90 day optimization period, where initially they will run the plant at the minimum amount of 50 thousand cubic feet and slowly ramp up the volume until it can handle its maximum amount of 10.5 million cubic feet per day of raw gas.

In a prior interview, Don mentioned that if the company were receiving old prices, before the 200% increase this year, and they were selling balloon grade helium (99.99% pure), and if the plant was running at 30% capacity, they would be making a profit (after royalties, taxes, and expenses) of $90,000 per day.

How I like to calculate the potential of this plant is to take the total gas output of 10,500 mcf (thousand cubic feet), multiplying that by the current average helium concentration of about 3%, and then multiplying that by the latest quoted price the company expects to receive, which right now is $2,500/mcf. I’ll then factor in a profit margin of 90%, which Rob has stated earlier is achievable at these prices.

A few factors could change the above formula. The possibility of Well #3 from the Meteor Crater field, the recently drilled Gunnar Dome wildcat, and another offset from the McCauley field also coming online at the onset of production could drastically change the helium concentrations. Eight wells feeding into the plant would probably be closer to 60% capacity than 30% capacity. The price after the optimization period could possibly be much higher than the price quoted by the company previously. DME plans on selling the highest grade (99.9999%) at spot price, which will be carrying a high premium as the helium shortage draws on.


http://www.metalsnews.com/Metals+News/MetalsNews/Dr.+Allen+Alper,+PhD+Economic+Geology+and+Petrology,+Columbia+University,+NYC,+USA/FEATURED1413692/Interview+with+Don+Mosher+President+Desert+Mountain+Energy+Corp+(TSXV+DME+US+OTC+DMEHF+Frankfurt+QM01)+Buil.htm

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https://www.fmiblog.com/2022/08/26/helium-gas-market-to-top-us-4-6-bn-by-2032-amid-growing-applications-in-mri-technology/
"

The global helium gas market is projected to reach a valuation of US$ 2.8 Bn in 2022. With demand growing at a 5.1% CAGR, the market size will reach US$ 4.6 Bn by 2032.

Helium is extensively used in the healthcare sector for various applications in recent days. Helium gas has physical and chemical characteristics such as high thermal conductivity, low solubility, and low density, which makes it an ideal element for many applications in the healthcare sector.

Along with this, helium gas is biologically inert and its neuroprotective capabilities make it effective for adjunct therapy in many respiratory diseases such as asthma exacerbation, ARDS, COPD, bronchiolitis, and croup.

It is used to cool the coil of wire and to drop the resistance of wire close to zero in Magnetic Resonant Imaging (MRI) machines. There are many coils of wire which conduct electricity and generate a strong magnetic field in MRI machines.

Helium Ion Microscopy is a recently discovered application in pulmonary MRI radiology and imaging of organs, which is expected to create opportunities for growth for helium gas manufacturers."

More discussion of industrial applications of Helium at link

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DMEHF acquires additional 40 acres of land for future facilities
https://www.yahoo.com/now/desert-mountain-energy-secures-land-070000761.html

Wed, August 17, 2022 at 2:00 AM·2 min read

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, Aug. 17, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME), (OTC: DMEHF), (Frankfurt: QM01) From the President of the Company.

The Company is pleased to announce that it has acquired an additional 40 acres of land for future facilities in Navajo County, Arizona.

Desert Mountain Energy Corp. has made progress on the Gunnar Dome prospect and has set and cemented the production casing. The completion rig is scheduled for the end of August and the Company will announce the results once testing and sampling are complete.

DME was also pleased to speak at the Asia Pacific Drilling Technology Conference in Bangkok, Thailand. Desert Mountain Energy CEO and Executive Chairman, Robert Rohlfing, was the only speaker invited from an independent North American resource company. The conference focused on how emerging well technologies can facilitate sustainable practices in drilling and close the gap toward net zero. Desert Mountain Energy Corp. was recognized for its leadership in developing the near zero-carbon processing facility for noble gases and its work on discovering natural hydrogen.

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https://www.desertmountainenergy.com/desert-mountain-energy-has-significant-shows-of-helium-on-gunnar-dome-wildcat-well/

FOR IMMEDIATE RELEASE

DESERT MOUNTAIN ENERGY HAS SIGNIFICANT SHOWS OF HELIUM ON GUNNAR DOME WILDCAT WELL

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) From the President of the Company.

The Company is pleased to announce that it has encountered the largest number of helium and hydrogen showings from all wells drilled thus far, on its Gunnar Dome prospect in Arizona. Mass spectrometer readings during drilling operations clearly delineated multiple zones which had either helium, hydrogen or argon present. The Company is in the process of setting & cementing the production casing on the well. As is the Company’s previously stated practices, it has set and cemented multiple strings of casing, (which exceed all state regulatory requirements,) to isolate and protect all water zones, irrespective of their individual mineral content. The Company further anticipates it will have a completion rig for the well available, at the end of August.

“Our geologic and drilling teams continue to successfully drill our targets, cement and set production casing,” says Robert Rohlfing, CEO of Desert Mountain Energy Corp. “We look froward to bringing in the completion rig, sample and release the results of this well.”

Consistent mass spectrometer readings and the corresponding flow results visible at the surface are extremely encouraging and await final definitive testing for specific perforated formation results.

The geologic data from this well confirms the hypothesis on the possible trapping mechanisms of both helium &, hydrogen within this specific geologic setting. This information will be applied by our team to other specific settings. It further expands upon the previously held theoretical understanding of helium and hydrogen generation. It is the opinion of the Company, (based on confidential and proprietary geologic drilling data,) that the acreage controlled by the Company on the corresponding structures will ultimately confine the water-free commercial production areas for this geologic setting to the leases currently held.

With this press release, the Company will be in communications with its partner in hydrogen processing to explore where and how they can meld this discovery into other long-term ESG developmental plays. It is the Company’s position to monetize its newly discovered hydrogen assets, whilst developing the long-term opportunities which management feels may be the most advantageous to shareholders.

[Research&Hope]

Excellent summary, thank you.

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Fausthimself: Thanks! Appreciate the summary!

[fausthimself]

DME has trace amounts of neon and other rare noble gases (xenon, argon) in their first well. With the price of neon up 800% after the invasion of Ukraine, the neon in DME’s possession will be a nice bonus to the balance sheet.

However, the parts needed to separate these noble gases won’t be available until probably next year. In the meantime, DME has engineered a simpler processing facility made from off the shelf components, which is being manufactured as we speak and should be ready soon.

After 90 days of optimization (during which time DME will be selling any helium they put through the plant to the US government), DME will be selling helium directly to end users, who supply their own trucks for picking up the gas from the plant.

Instead of signing off-take agreements, DME will be selling their helium at spot price, since there could be more upside to the 300% increase in the price of helium since the start of the year. Initially DME plans to sell their helium to welding companies, and companies that use it as a lifting gas.

Eventually DME plans to sell their helium at a greater purity to tech companies and other users of high grade helium, but that will most likely happen next year after their second and more robust processing facility comes online.

The city of Flagstaff put a restraining order on DME’s well #3, as the city was concerned that DME’s well would interfere with the city’s aquifer. An appellate court ruled that the restraining order be removed and DME now had access to the well.

There hasn’t been any news of well #3 being tested yet, but I would speculate this might have something to do with DME hinting that they found helium-3 in the well. Perhaps an NDA with the US government is preventing DME from discussing this well, as there hasn’t been anymore information about it since the news of the court ruling came out on March 25th. DME used to talk about helium-3 in news releases from last year, but this isn’t the case anymore.

Initially DME plans to bring online wells #2,4,5,6, and 7. They are currently drilling well #8, and we should have news about its completion as early as tomorrow. This will be their fifth wildcat well, and it’s phenomenal that they have been 4/4 when the industry success rate of drilling wildcats is 18%. Their success has mainly to do with CEO Robert Rohlfing, who has been looking at this property since 1999, and of the over 250 wells he’s drilled in his career, he’s only missed on two occasions.

One more offset well from the McCauley field (wells 4,5,6,7) is also planned for this year, so five to six wells producing should have their first plant close to full capacity, which is 10,000 mcf of raw gas per day. Multiply that by an average helium concentration of 3.5%, and a recently quoted price by DME’s president of $2,500/mcf for their helium, and you get an idea of what this company will be capable of before year end. Multiply that by 60 to 70 more wells just in the Holbrook Basin alone, and you should have a good idea of where the company is headed in the next few years.

Something else that’s becoming a major development for the company is their discovery of a pure hydrogen field, which they say is a first in North America if not the world.

DME says they are working with the Arizona government to help them bring more hydrogen wells online. To do so, they are looking to have the legislation changed that says you can only drill one well per square mile in Arizona. This law was made with drilling for hydrocarbons in mind, and so DME is hoping their low environmental impact wells could be exempt from this law, with the intention of bringing hydrogen online to power electric car charging stations.

More hydrogen wells would probably mean more helium along with the hydrogen, and DME’s outlook of 60-70 wells in the basin could possibly be multiplied. Not to mention the company plans on expanding to other states in the region like Utah, Colorado, and Kansas.

[Research&Hope]

Thanks for your updates, MB! I wound up here after a search on neon and Ukraine generated a helium article in my Chrome feed. Still on the sidelines but getting close.

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Positive Seeking Alpha article.
https://seekingalpha.com/article/4524520-desert-mountain-energy-one-of-the-best-mining-company
Summary

 
     Claim jumpers challenge Desert's lease, oddly helping to confirm the validity of the project. 
     The company has achieved some vertical integration by obtaining a drilling rig and a heavy haul fleet. The haul fleet will bring in revenue this quarter. 
     The company has plans to drill additional wildcat wells as well as offset wells. 
     The helium crisis continues boding well for DME. 
 

more at link.

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DESERT MOUNTAIN ENERGY ENTERS INTO AGREEMENT WITH BEAM EARTH LTD. FOR HYDROGEN PRODUCTION
BY PR Newswire
— 3:00 AM ET 07/18/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, July 18, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) From the President of the Company.

The Company is pleased to announce they have entered into an agreement with Beam Earth Ltd. to cooperate and define the commercial possibilities of the Company's sulphur-free hydrogen discoveries. Beam Earth Ltd. has expertise in cost-effective and innovative methods to produce hydrogen-related products which meld together with the Company's innovative helium processing facilities. This agreement not only encompasses current Company holdings in Arizona but will also be expanded into other jurisdictions.

"We look forward to working with a like-minded company that, by design, is also seeking to follow innovative design and ESG policies," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. (DMEHF) "Beam Earth Ltd. has extensive expertise in the hydrogen sector and teaming up with them allows DME to stay focused on the production of helium while at the same time monetizing the potential of our sulphur-free hydrogen assets."

The Company has proven its ability to find both helium, hydrogen and other noble gases and anticipates that formal separate joint operating agreements will be put into place to cover the specifics for each jurisdiction as they arise. Those specifics will include, geophysical, the scope of the individual project, timing, drilling, testing, participation level based on results, near term and ongoing operational attributes. The Company's helium processing facility was designed to reduce power consumption by 55% and DME looks forward to the application of the same innovative design input into their hydrogen processing.

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DESERT MOUNTAIN ENERGY MOBILIZES RIG AND UPDATE ON THE McCAULEY FIELD LEASE
BY PR Newswire
— 2:20 PM ET 07/11/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, July 11, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) From the President of the Company.

The Company is pleased to announce that the rig has been released to us and will be mobilized to our Gunnar Dome prospect in Arizona. The intended depth of this well is 4,500'+- and is designed to test all zones to the top Granite Formation. We will be utilizing our same successful drilling procedures, including multiple casing strings designed to protect all zones and the environment. Our geologic modelling suggests that the gas composition should contain high concentrations of nitrogen. At this point, we would anticipate initially running any commercial quantities of helium through the plant currently under construction by GENERON.

The Company feels that since this is a documented domal structure with closure on all sides the well has been situated to take maximum advantage of the trapping mechanisms of the underlying formations.

The helium processing plant construction continues and assembly by GENERON will be shipped to us via our trucking company upon completion. When finished, the plant will be situated on property that the Company currently owns and is not subject to any form of lease agreements. The Company continues to be contacted by numerous entities looking to secure some percentage level of helium from us when we go into production. As of today, other than for the USFCR documents to allow us to get paid the same day as transport, we have not signed any long-term contracts. We have multiple ongoing discussions with company's whom we have signed MDNAs and therefore, will not be making any comments concerning those negotiations or the methodology for pricing. It is our goal to have no account receivables in relation to helium production.

With regards to future hydrogen production, we have signed MDNAs and are actively working to develop a long-term strategy and look forward to having announcements on that sector within the next 30-45 days. This sector by its very nature must be considered as a long-term possible factor for the Company.

The Company was notified by Chevelon Minerals LLC., the owner of the McCauley family minerals, that a company which had previously attempted to lease from the family was making a claim that a valid lease with them was already in play.

The Company, early in its due diligence with Chevelon Minerals LLC., had been advised by the McCauley family that, after the material requirements of this prior lease had not been met, they had restructured their mineral ownership and placed the leases in question into Chevlon Minerals LLC. The representative also stated that they would work with the company in defence of the title and leases that Desert Mountain Energy Corp. (DMEHF) has with them. For the record, the Company has paid Chevelon Minerals LLC. in excess of $33,000.00 for the leases it currently has of record which includes the lease under wells 4, 5, 6, and 7.
ABOUT DESERT MOUNTAIN ENERGY (DMEHF)

Desert Mountain Energy Corp. (DMEHF) is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.

We seek safe harbor

"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO

[Middleborder]

DESERT MOUNTAIN ENERGY ANNOUNCES PRIVATE PLACEMENT
BY Canada NewsWire
— 3:00 AM ET 06/08/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, June 8, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (DMEHF) (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $5 Million. Under the terms of the private placement, the Company will offer for sale up to 1.667 million Units (the "Units") at CAD $3.00 per Unit. The Company may in its sole discretion increase the maximum of the offering by up to 5% to a maximum of 1.75 million Units.

Each Unit will consist of one common share of the Company and one share purchase warrant (the "Warrants"), with each whole Warrant allowing the subscriber to purchase one additional share of the Company for a period of three years from the date of the closing at a price of CAD $4.00 per share. The expiry of the Warrants may be accelerated at the election of the Company by written notice if the closing price for the common shares on the TSX Venture Exchange shall be equal to or greater than CAD $8.00 per share for a minimum of ten consecutive trading days. Finder's fees are payable of up to 7% in cash and 5% in finder warrants, with the finder warrants having an exercise price of CAD $4.00 per share, but with no forced conversion. Proceeds from the private placement will be utilized for exploration and development of the Company's helium projects, as well as working capital and general corporate purposes.

The Units will be subject to a 4-month hold period. The private placement is subject to the approval of the TSX Venture Exchange.

"We, like every other Company, are dealing with inflationary and supply chain bottleneck pressures," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. (DMEHF) "Having a healthy treasury has been invaluable in staying ahead of inflation by prepaying for essential components of our business such as cement, fuel and steel. This raise with minimal dilution allows us to continue with that strategy."

[Middleborder]

Information from DMEC Investor presentation for:

DESERT MOUNTAIN
ENERGY CORP.

"The exploration and development of helium, hydrogen and noble gas properties
in Northeastern Arizona
Advancing the McCauley Helium Field to initiate production in Q3 2022
World-Class technical team with decades of experience in the exploration and
development of helium, hydrocarbons and other minerals
Excellent access to capital markets
Sufficient Capital to complete the McCauley Helium Finishing Facility, drill
offset and wildcat wells in 2022
Now trading on TSX Venture Exchange under the ticker symbol “DME.V”. Also
trades on the U.S. OTCQX as “DMEHF” and Frankfurt as “QM01”. The Company
has more value in place than ever before
A corporate philosophy that respects the environment, the community and
education


+85,000 acres of mineral leases in the Holbrook Basin, Northeastern Arizona
Successfully drilled 4 wildcat helium wells and 3 offsets
All wells are financed with no debt and approximately CDN $18,000,000 in
the treasury
The company signed the final contracts with GENRON for the construction
of the McCauley Helium Field finishing facility with all-in costs of
approximately US $7,000,000
The startup of the McCauley Helium Field finishing facility is planned for
the end of Q2 of 2022
The company plans to drill 7 offset and wildcat wells in 2022
The company has pre-ordered strategic components for the Rohlfing Helium
Field finishing facility"

(More at link!)
---------------------------------------------------------------------------------------------------
Attention to the "No Debt" part; The 7 wells have been drilleed and cased. See previous post regarding helium levels!

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DESERT MOUNTAIN ENERGY REPORTS HELIUM GRADES AVERAGING OVER 3.5% IN McCAULEY HELIUM FIELD OFFSET'S
BY PR Newswire
— 3:00 AM ET 05/11/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, May 11, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S.OTC: DMEHF) From the President of the Company.

Desert Mountain Energy Corp. (DMEHF) is pleased to announce that Helium concentrations in Offset Wells #5, #6 & #7 were higher than originally found in Discovery Well #4. The average Helium percentage makeup using combined starting flow rates from the offsets was 3.511%. CO2 averaged 0.0201% with the balance of the gas being Nitrogen. These zones were perforated to be combined with Well #4 to create the most balanced level and mixtures of gas to initiate production from the McCauley Helium Processing Facility. "We are thrilled that these wells increase the Helium average significantly above Discovery Well #4's results," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. (DMEHF) "This will make the wells much more profitable."

The average Helium spot tests on the offsets were more than almost three times those of Well #4. A pay zone with over 4% Helium in Well #5 located in the Rohlfing Helium Field will also be processed in the same processing facility. These overall levels of increased Helium combined with below minimal levels for CO2 are confirmation of our geologic modelling.

DME is building the first solar-powered Helium processing facility using Hydrogen as a backup power source in North America. The Company's goal is to produce as near to zero carbon footprint, from our operations as possible.

[Middleborder]

DESERT MOUNTAIN ENERGY BEGINS FABRICATION WORK ON THE McCAULEY HELIUM PROCESSING FACILITY

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) From the President of the Company.

Desert Mountain Energy’s contractor, GENERON, has begun fabrication of the McCauley Helium Processing Facility. The processing facility is the first solar-powered helium processing facility in the world. In addition to using solar energy, the Company will also use hydrogen that was discovered in the McCauley Helium Field as a backup energy source. To remain efficient and save money, DME’s engineering teams designed the McCauley Helium Processing Facility utilizing mostly off-the-shelf components. Connections are designed with the highest structural strengths to ensure a long-life span with multiple redundant critical aspects.

“We are excited that GENERON has begun assembly on the McCauley Helium Processing Facility,” says Robert Rohlfing, CEO of Desert Mountain Energy Corp. “DME has proven that we can discover helium and the plant will demonstrate that we can produce, process and sell it directly to end-users. Plant startup, which is scheduled for completion some time in the third quarter, is a major component of our goals. The worldwide helium supply continues to be in critically short supply and DME is striving to be part of the solution.”

The Company has also completed work on wells 5, 6 and 7 with flow gas samples being sent by ground transportation to an independent lab for gaseous analysis.

[Middleborder]

Bud4you: DESERT MOUNTAIN ENERGY COMPLETES CASED HOLE COMPLETION WORK ON WELL 5 AND 6

BY PR Newswire
— 1:26 PM ET 05/02/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, May 2, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. ( DMEHF
Loading... Loading...
) (the "Company") (TSXV: DME) (OTC: DMEHF) From the President of the Company.

Desert Mountain Energy Corp. ( DMEHF
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) is pleased to announce that it has completed cased hole work on Wells 5 and 6. Completion work on Well 7 is anticipated to be completed later this week. Bottom hole pressures were within the expected values and the initial flow test and sampling for gaseous analysis have been completed. The Company made the decision to test the zones of interest, for future production within the McCauley Helium Field and on other DME properties. These lowest zones were then shut off and our main zones of interest for primary helium production were then perforated and tested with gas samples being sent via ground transportation to an independent lab for analysis.

"These 3 wells are expected to go online along with Wells 2 and 4," says Desert Mountain Energy Corp. ( DMEHF
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) CEO, Robert Rohlfing. "Results from Wells 5, 6 and 7 will be released as soon the laboratory test results are received. The Company is planning on drilling another wildcat well before summer, hoping to add another helium field to our current portfolio."

Desert Mountain Energy Corp. ( DMEHF)

[Middleborder]

DESERT MOUNTAIN ENERGY CORP SECURES THE COMPLETION RIG AND BEGINS WORK IN THE McCAULEY HELIUM FIELD
BY PR Newswire
— 3:00 AM ET 04/19/2022

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, April 19, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) From the President of the Company.

Desert Mountain Energy Corp. ( DMEHF

) has now started completion work on Offset Wells #5, #6 and #7 in the McCauley Helium Field. Sampling will be completed in the next 10-14 days with approximately another 14 days to get results for public release.

"The team is excited to finally complete and sample the 3 offset wells in our McCauley Helium Field which will be the first of our discoveries to go into production," says Robert Rohlfing, CEO of Desert Mountain Energy ( DMEHF ). "We look forward to rewarding our shareholders with a cash flow stream this year."

[Bud4OU]

DESERT MOUNTAIN ENERGY STARTS CASED HOLE COMPLETION WORK ON WELL #5, #6, #7
13:00

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, April 11, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.

The Company is pleased to announce that it is mobilizing the cased hole logging work on Wells #5, #6 and #7. DME will be utilizing additional cased hole logging tools to further increase our team's knowledge and correlate the mass spectrometer, gas chromatograph readings, geo logs, mineralogical descriptions and open hole logs. The Company anticipates having the completion rig moved onto the McCauley Helium Field location by the middle of next week.

"We are confident with the progress our team has made so far," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. "They've done an excellent job and we are on schedule with moving the Company closer to production in 2022."

ABOUT DESERT MOUNTAIN ENERGY
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.

We seek safe harbor

"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO

[fausthimself]

Sure, the big spike was mostly from the news of the Arizona Appellate Court ruling in favour of DME after the City of Flagstaff placed a restraining order on DME’s Well #3. The news broke on Friday, but the stock was running up earlier in the week most likely due to investors taking advantage of insider information.

Well #3 is a topic of speculation among DME investors, after the CEO hinted at the possibility of helium-3 being present in higher than normal amounts. Because helium-3 is a matter of national security (it’s used to detect radioactive isotopes at airports, and also has the possibility to be used in fusion energy), there most likely will not be a news release in regards to finding helium-3. The biggest hint we will probably see is if the US government buys all of the helium coming out of Well #3. I think some long term investors of DME could have added to their positions based on this speculation.

From a macro perspective, I think the helium sector is heating up, with more investors catching on to the current helium shortage and what this means to future helium prices. Most helium stocks have been seeing an increase in share price lately, and I think DME’s gains today has a lot to do with that. Something else that could be on investor’s radar is how the war in the Ukraine is affecting the supply of neon. Since DME has encountered neon in their first well, this could be a potential draw among particular investors learning about the neon shortage.

DME’s latest board member, former judge Weldon Stout has been buying shares on the open market, the most recent being today buying 1,100 shares for almost a dollar more per share than he paid the last time he bought shares on March 11th. Insider buying will sometimes have network effects from investors close to or familiar with the insiders. A nice run up in the share price occurred shortly after the appointment of Kelli Ward to the board of directors in April of last year.

[nowwhat2]

Darn - I watched that vid a week ago but of course tho since then a lot of things have shot up.

And Desert's been one of 'em.



Never got quite all the way thru the vid - Reckon I should watch it again.


Excellent Overview also https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164915365

Thanks. How 'bout an update - Any reason for the spike ?

[fausthimself]

[seventhcircle]

Looks like DMEHF formed a higher low on the yearly

[StockHoldSyndrome]

NDAs are executed and it typically takes between three and four months to finalise the corresponding definitive supply agreement, So I expect we will see a boost in the share price after an announcement regarding Q1 and we will probably start to see revenue after a Q2 announcement after those initial supply agreements begin to bring in payments. My guess is Elon will eventually be a customer & so will Taiwan Semiconductor BUT we likely won’t see a finalised supply agreement announcement with respect to those entities until much later, but then again, it’s possible they could be entering into options to acquire. . .
I am definitely looking forward to the anticipated customer announcements.

[Bud4OU]

Listen to Robert talk about well number 4.

https://www.abnnewswire.net/press/en/107058/dme

[Bud4OU]

https://www.abnnewswire.net/press/en/107058/dme

[willlbone]

Don't fall off the mountain.
Bid 12 bits.

[bigone]

Thank you. It is great to be on board. I hope that we have an outstanding cruise.

[mejerrylee]

Welcome, I hope this is the Bigone!!! JK

Welcome!!!

[bigone]

That would be great!

[fausthimself]

Now is a great time to buy in, since we should see the test results from the fourth well soon.

[bigone]

We took your suggestion and purchased a few shares of DMEHF this morning. All buckled up and ready for blast off.

[bigone]

Thank you for your candid response and explanation.

[fausthimself]

I don’t think it’s worth diversifying in the helium space too much since DME is such a standout.

Avanti, Royal Helium, Imperial Helium, First Helium, and especially Helium One should all do quite well if everything goes works out for them.

However, most of these companies don’t have a plan for vertical integration, at least not by this winter like DME. Most of these companies, including Avanti I believe, will be selling crude helium, whereas DME will be selling refined 99.9999% pure helium for approximately ten times the price of crude.

Location is very important in the helium industry. When it comes to transporting the helium in 90°F heat, you lose about 2% of your load every hour. DME’s customers will be picking up the helium themselves, with no loss for the company. It’s unclear if Avanti or any other helium company will be able to strike the same deal, especially if they’re not dealing with end users.
It’s more costly to drill in the winter, and since Arizona’s winter is so short it’s not much of a burden on the company. Whereas winter in Saskatchewan, Alberta and BC can start as early as October for frozen temperatures and run as long as March. Although Avanti has an advantage here with the chinook winds running through Alberta and Montana.
Helium One benefits from a warm climate, but operating out of Tanzania brings its own set of risks and challenges.

I think Helium One is the best of the rest, since their properties could prove to be the best in the world, and they’re the only helium company so far that has the potential to be bigger than Desert Mountain Energy. For this reason I allocated about 1% of my portfolio to HLOGF. Otherwise I think allocating any money into another helium company other than DMEHF will almost guarantee me fewer returns in the short term and in the long term.

Look at the difference in how these stocks trade after news releases. DME is the only one that continues to climb. Just for fun I bought 15 shares of Avanti on May 11th, and so far I’m down 9%. I bought 75 shares of Royal Helium on April 19th, and I’m also down 9% on that stock. The last time I bought DME was on July 5th and I’m up 23% on those shares alone. In two years Avanti has climbed 408%, but in the same time frame DME is up 2263%, and they will continue to outperform because DME has a superior program.

The highest percentage of helium concentration Avanti hopes to see in any their wells is half of that which DME has already found in their second well. Avanti is hoping for 2%, while DME will be looking for 8-10% helium concentrations. DME was an early mover in the helium space. They could have bought leases in Montana or Saskatchewan, but they chose the Holbrook Basin in Arizona, which is known as the Saudi Arabia of helium.

For these reasons and many others, I’m damn near all-in on Desert Mountain Energy.

[Mrgood]

Any thoughts on Avanti Energy Inc? Looks to be a similar play as DMEHF

[mejerrylee]

Thank you

[stargazer123]

Trading in DMEHF was halted this morning.

That the stock trading has been halted is probably related to good news.

Usually, when a company that has been doing good, such as our stock, asks for a halt it means that they have good news and they don't want people who may have acquired knowledge of the news to be able to buy the stock before the news becomes public.

After the news has been released, the trading halt is removed. Sometimes not for a while in order for people to have time to notice the release and evaluate it.

In some cases, people can put in a bid at what they think the stock may trade when it opens. People must be anticipating good news because the bid is pretty far above its closing price.

[fausthimself]

DME just launched a YouTube channel:

[fausthimself]

I’m under the impression that most of the shareholders that I’ve talked to on Reddit, Twitter, Stockhouse, iHub, and StockTwits have yet to realize the true potential value of this stock.

An important detail that DME’s VP of Capital Markets Don Mosher mentioned in one of his latest interviews is that rocket companies and tech companies require high grade (99.9999%) pure helium.

Don mentioned the company’s intentions to sell to these specific types of clients. CEO Robert Rohlfing said that just one tech company could buy all of their helium, but the company plans to diversify and sell to a private (most likely rocket) company, a public (tech) company, and the US government.

If their clientele is made up entirely of high grade helium consumers, and the going price of high grade He is $3,000/mcf as quoted by Don Mosher, that means this company is easily worth 3x most people’s estimates that I’ve seen.

After realizing this, I sold the farm, backed up the truck, and I’ve been loading as many shares as I can. This stock now makes up 86% of my portfolio, and I’ll continue to add shares until probably their first earnings call, as I predict the company will remain undervalued until then.

Since the company will be bringing in revenue so soon, and since they have zero debt, DME has explicitly said they will be fully diluted before the end of the year, which will only strengthen the value of our shares.

Former DME CEO Irwin Olian said their all in cost of extraction for crude helium is $65/mcf, and since I’ve seen elsewhere that Helium One’s projected cost of refinement is $20/mcf, I would estimate DME’s cost to produce their high grade helium would be somewhere in the ball park of $100/mcf. Perhaps DME’s refinement cost will prove to be less since their solar plant will be providing the energy required to run the refinement facility.

Don Mosher says the company expects to bring in $50 million revenue per quarter with the first five wells. Even if it’s just the first two wells that come online, that’s $80 million a year revenue, and at a 90% profit margin, that’s over $70 million. At a 10x price to earnings ratio, that would put this stock at a market cap over three times it’s current value.

But this is a conservative estimate, and I’m sure their true revenue per well will prove to be much greater. Even if DME does not receive the $3,000/mcf price that I’m speculating they will receive in their first quarter of production, the price of helium is poised to rise.

New MRI machines have been developed that require about a tenth of the helium of existing machines, but the increase in demand for MRI machines in developed and especially developing nations means the demand for helium in healthcare will remain high.

Scientific instruments that require helium are being built to capture the escaped helium for reuse, but the growing demand for helium in the tech sector will outpace any innovations in helium capture that would reduce existing demand.

More rocket flights means more helium will be needed to purge the fuel tanks, and more satellites which require helium to prevent their instruments from overheating.

There is going to be a rather large void on the supply side of helium once the US Bureau of Land Management holds their last auction of their helium reserves in September. I expect the price to increase as a result, and DME will be one of the first to market of the existing helium companies to capitalize on this drop in supply.

Every other public helium company that I know of looks inferior to what DME has to offer. DME used to be called African Queen Mines, and they were an early mover in the African gold space. They had success finding gold deposits, and about ten years ago they shifted their focus towards helium once the company caught wind of the world’s hottest commodity. Finally in 2018 they rebranded as Desert Mountain Energy after acquiring properties in Arizona and Oklahoma.

Their Oklahoma project is a natural gas well, which yields about 1% helium concentrations, which is insignificant compared to what the company expects to pull out of the ground in Arizona.

Since DME is an early mover in the helium space, they had their choice of where they wanted to drill for helium. They most certainly could have chosen Saskatchewan, which is known for their rich uranium deposits (uranium produces helium as a result of radioactive decay). But the historical data that you can find on the government of Saskatchewan’s website does not show that the Canadian province is known for high concentrations of helium.

DME chose to mainly operate out of Arizona, in the Holbrook Basin, which is known as the Saudi Arabia of helium. The old adage says that the best place to build a gold mine is right next to a gold mine, which is exactly what DME is doing.

The Pinta Dome gas field, which is right next to where DME has its leases, consistently pulled out concentrations of helium between 8-10%, whereas in Saskatchewan by comparison someone once found an anomaly of 7%, but they usually find concentrations around 1%, which is typical of natural gas wells.

What gives DME’s jurisdiction its greatest advantage is it’s proximity to end users. Originally the company planned on purchasing a fleet of vehicles to deliver their helium, but they reached an agreement with their customers where they will come pick up the helium.

Not only does this save the company $7 million in vehicle costs, but more importantly they won’t suffer any loss during transport. Don Mosher says that driving from Arizona to Texas in the middle of summer would account for an 18% loss by the time the helium reached its destination.

There currently is not a way to properly store helium where it won’t escape. Current MRI machines need to be topped up once a year, and small helium tanks for balloons only have a one year shelf life. The best natural containment for helium is a salt rock formation, like in the Holbrook Basin.

The biggest thorn in the company’s side when it comes to jurisdiction is the speed in which these drilling permits are issued by the state of Arizona. After the company establishes itself in the community and has started to donate money to the Arizona school system, which they promised they will do, then hopefully these drill permits won’t take so long to squire.

It also probably won’t hurt that their newest member of the board is a former state senator and current Chair of the Arizona Republican Party.

Another issue the company faces is the future of their third well. A judge recently granted the city of Flagstaff an injunction after the filed a restraining order on DME after the city feared that fracking would interfere with the city’s aquifer.

However the company is confident that an appeal would go their way since a similar case in Washington state was recently ruled in favour of a company. Not to mention, DME is not doing any fracking, their well is 3 miles away from their aquifer, and they are not drilling to the depth of where the aquifer is located. This matter probably won’t be settled until next year.

Well #3 was said to contain He3, which is the only other stable form of helium next to the commonly known He4. He3 will be sold to the Department of Homeland Security, as they use it to detect radioactive isotopes in airports. I’m not sure what sort of a price He3 fetches, but given its rarity I’m sure it would be at least comparable to high grade He4.

Since all of DME’s other leases are on private land away from any town or city, they won’t have to worry about any further restraining orders, nor do they have to worry about federal legislation designed to curb drilling efforts.

I’m sure I’m neglecting to mention some of the downside risks to this stock , but as far as I can tell the risks are pretty minimal, and the upside potential is massive enough that I’m digging in the couches trying to find more money to add to my position.

Once DME announces who their customers will be, and once they uplist to the Nasdaq as they intend to do, we will start to see a lot more interest in this company. Until then I’m happy with this stock flying under the radar, as it gives a better opportunity for me to add to my position.

If this isn’t your favourite stock as well I would like to know why. I honestly can’t think of a better place to invest my money, as this company will be experiencing significant growth over the next four or five years, which will be nearly unparalleled.

[fausthimself]

Here’s a link to a great summary of the company, for anyone looking to learn more: https://www.reddit.com/r/investing/comments/mfbyli/investing_in_helium_dmehf_dd/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

[fausthimself]

This shareholder meeting video is a must watch. The CEO explains how DME will be bringing in millions by Q4 of this year:

https://desertmountainenergy.com/video-desert-mountain-energy-corp-annual-meeting-january-21-2021/

[Ebenezer3]

https://desertmountainenergy.com/desert-mountain-energy-exercises-acreage-options-acquires-additional-acres-on-private-land/

[mejerrylee]

So I guess I missed it. What was the helium % on well #3?