Looking to capitalize on the historically high cost of helium
Desert Mountain Energy is a forward-looking resource company. They're actively engaged in the exploration and development of Helium and noble gases properties in the U.S. Southwest. In fact, the company holds +85,000 acres of land in Arizona, the world’s best address for Helium.
Moreover, Desert Mountain is an early mover among junior explorers in the helium space. They are also well-positioned to participate in the future growth of helium in our high-tech economy.
The Holbrook Basin Project comprises +85,000 acres of key Helium prospects under lease. Located in the prolific Holbrook Basin in East-Central Arizona, it is often referred to as “The Saudi Arabia of Helium”.
Looking to capitalize on high cost of helium
Furthermore, the 2018 US Government Crude Helium Auction crude helium auction prices increased from $119.31 to $279.95. This 135% increase year-to-year in the world helium market is due to dwindling reserves with the 2019 US crude helium auction anticipated to be the last one due to the dwindling reserves mandated by legislation.
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