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Desert Mountain Energy now aiming for end Q3'22 production

Desert Mountain Energy CEO gave an interview updating on its Holbrook Helium Project in Arizona, which is slated to begin producing helium and generating revenue by the beginning of Q4'22, delayed from end of Q2'22: exploration to first production in 26 months. DME remains light on details such as reserves and production rates. It has also opted not to sign term sales contracts and will sell on the spot market and believes it will achieve US$2,500/mcf.

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