Welcome to our dedicated page for Desert Mountain Energy news (Ticker: DMEHF), a resource for investors and traders seeking the latest updates and insights on Desert Mountain Energy stock.
Desert Mountain Energy Corp. (DMEHF) delivers critical helium, hydrogen, and natural gas resources through advanced processing systems and AI-driven operational optimization. This news hub provides investors and industry observers with authoritative updates on the company’s strategic developments.
Access real-time announcements covering operational milestones, including helium plant enhancements, hydrogen exploration projects, and regulatory compliance achievements. Our curated feed ensures you never miss earnings reports, technology implementations, or partnership updates with entities like Beam Earth Ltd.
Key updates focus on vertical integration progress across New Mexico and Arizona operations, AI automation advancements in gas separation, and maintenance protocols ensuring production efficiency. Bookmark this page for streamlined access to verified information supporting informed analysis of DMEHF’s market position.
Desert Mountain Energy has announced a new strategic partnership with Beam Earth for hydrogen exploration in Arizona, starting in Q4 2024. This agreement replaces a previous one from July 18, 2022. Beam Earth will fund various activities, including a $225,000 USD payment to DME, covering geophysical and drilling costs, and planning for hydrogen and ammonia plants in Arizona and New Mexico. Additionally, DME retains rights to all its current wells and will operate all new wells and plants under this partnership. Beam Earth is expected to invest between CAD $3.6 to $4.3 million by Q1 2025. DME will share profits from new wells in Arizona with Beam Earth
Desert Mountain Energy Corp. (TSXV: DME, OTC: DMEHF) announced the acquisition of 80 acres in the McCauley Helium Field for $125 per acre. This property could enhance the Company’s operations in hydrogen and noble gases. Additionally, the Company secured 50% of the mineral rights in the South Winslow prospect, reducing royalties from 12.5% to 6.25%. The goal is to maximize shareholder returns. A rig will be operational in the McCauley Helium Field by mid-week, with new trucks and trailers acquired for operations.
The Company focuses on exploring and developing helium, hydrogen, and noble gases, critical for renewable energy and high-tech industries.
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