Wednesday, January 11, 2023 10:31:49 AM
BY PR Newswire
— 6:30 AM ET 01/11/2023
TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, Jan. 11, 2023 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (DMEHF) (the "Company") (TSXV: DME), (U.S. OTC: DMEHF), From the President of the Company. The Company is pleased to announce that it has elected to exercise its option to lease an additional 8,023 acres in Arizona. The Company's geologic team identified the structural highs on the additional acreage based on geophysical data. Along with intact helium traps, structural highs are essential to drilling a successful helium well. "Desert Mountain Energy (DMEHF) will continue to acquire additional land based on desired geological modelling," said Robert Rohlfing, CEO. "We expect to have more land acquisitions to announce in 2023."
Initial production garnered from any wells on this acreage would be handled by the McCauley Helium Processing Facility. The Company has acquired surface property to support all future production facilities.
ABOUT DESERT MOUNTAIN ENERGY
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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