Business
Desert Mountain Energy Exercises Acreage Options and Acquires an Additional 8,510 Acres on Private Land
(TheNewswire) January 12, 2021 – TheNewswire - Vancouver, Brit...
About this update from Desert Mountain Energy Corp.
[{"type":"text","content":"Desert Mountain Energy Exercises Acreage Options and Acquires an Additional 8,510 Acres on Private Land\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n January 12, 2021 –\n \n \n TheNewswire -\n \n \n Vancouver, British Columbia\n \n —\n \n DESERT MOUNTAIN ENERGY CORP.  (the\n“Company”) (TSXV:DME\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:DMEHF\n \n \n )\n \n \n ,\n \n \n (\n \n \n Frankfurt:QM01) From the\nPresident of the Company.\n \n \n \n \n The Company is pleased to announce that has exercised\nsome of it options on properties and has acquired an additional 8,510\nacres in Navajo County, Arizona.  All of the newest properties are on\nprivate lands.  Dr. Ed Coalson and Dr. Jim Cronoble are extremely\nexcited with the number of probable locations across a helium trend\nwhere previous wells had helium showings in different horizons within\nthe same wellbore.  Furthermore, our geologic staff is confident this\nfourth area has all of the proprietary requirements the Company has\npreviously established where fracking is not required for helium\nproduction.  The Company will be looking to drill in this area early\nin the second quarter of 2021 with a multi well package.\n \n \n \n \n \n \n About\nDesert Mountain Energy\n \n \n \n Desert Mountain Energy Corp. is a publicly traded exploration and\nresource company focused on the discovery and development of rare\nearth gas fields in the US.  The Company is primarily looking for\nelements deemed critical to the renewable & green energy sectors\nand high technology industries.\n \n \n We seek safe harbor\n \n \n \n “Robert Rohlfing”\n \n \n \n \n Robert Rohlfing\n \n Chairman & CEO\n \n \n For more information, contact:\n \n \n \n \n \n Don Mosher, Vice President of Finance\n \n \n (604) 617-5448\n \n \n E-mail: [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Neither the TSX Venture Exchange nor its Regulation\nServices Provider (as that term is defined in polices of the TSX\nVenture Exchange) accepts responsibility for the adequacy or accuracy\nof this release. The statements made in this press release may contain\ncertain forward-looking statements that involve a number of risks and\nuncertainties.  Actual events or results may differ from the\nCompany’s expecta...