Desert Mountain Energy Announces Additional Acquisitions of Select Properties in Navajo County, AZ
TSX.V: DME
US OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, February 22, 2021 / PRNewswire / – DESERT MOUNTAIN ENERGY CORP. (The “Company”) (TSXV: DME) (US OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
The company is pleased to announce that it has acquired an additional 9,885.2 acres in Navajo County, AZ. These properties were selected based on drill results and the Company’s exploration team is confident about these latest acquisitions and the additional 15 promising well locations. Most junior exploration companies rarely have the opportunity to participate in the drilling, let alone control Tier 1 assets this early in their exploration model. The Desert Mountain Energy Corp management and exploration team is extremely excited to be able to drill and develop this level of Tier 1 assets. The company plans to drill a three-hole package in late March through April and continue final completion work on holes 1 and 2, depending on the availability of the drill rig and associated crew.
About Desert Mountain Energy
Desert Mountain Energy Corp. is a publicly traded exploration and natural resource company focused on the discovery and development of rare natural gas fields in the United States. The company is primarily looking for items that are critical to the green energy and high technology industries.
We are looking for a safe haven
“”Robert Rohlfing“”
Robert Rohlfing
Chairman
Neither the TSX Venture Exchange nor its regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. The statements in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results could differ from the company’s expectations.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. These forward-looking statements and information include, but are not limited to, statements about the Company’s expected future performance, planned exploration activities, receipt of positive results from drilling, completion of further drilling and exploration, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that could cause actual results, levels of activity, performance, or performance of the company and its business to differ materially from those expressed or implied in such statements. These factors include, but are not limited to, changes in national and local government, legislation, taxes, controls, regulations and political or economic developments in Canada and The United States;; financial risks due to helium prices, operational or technical difficulties in exploration and development activities; Risks and dangers and the speculative nature of resource exploration and related development; Risks in obtaining the necessary licenses and permits and challenges in the company’s ownership of real estate.
Forward-looking statements are based on assumptions that management believes appropriate including, but not limited to, the continued operation of the Company’s exploration activities, no material adverse changes in the market price of commodities, and other assumptions and factors set forth herein. While the company has attempted to identify important factors that could cause actual results to differ materially from those contained in any forward-looking statements or information, there may be other factors that could cause results to differ materially from those anticipated , estimated, assessed, or assessed results differ from intended. There can be no assurance that any forward-looking statements or information will prove to be correct, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements or information. The company does not intend or undertake any obligation to update such forward-looking statements or information except as required by law.
SOURCE Desert Mountain Energy Corp.
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https://desertmountainenergy.com/
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