A company that had previously attempted to lease the McCauley acreage is making a claim that a valid lease with them was already in play. The drilling rig for Desert Mountain's Gunnar Dome prospect, Arizona has been will be mobilized soon. The intended depth of this well is ~4,500 ft and is designed to test all zones to the top Granite Formation. If successful, the company anticipates running commercial quantities of helium through the plant's construction by GENERON. It has not signed any long-term helium offtake contracts so far.
Claims Potentially Being Made over Desert Mountain's McCauley lease
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