TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, Dec. 7, 2022
/CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company")
(TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of
the Company. The company is pleased to announce that
testing of the McCauley Helium Processing Facility has been
completed. The temporary interconnect lines are being removed and
modular units are ready for transport. DME currently expects
to have all of the units on-site by December
16, 2022. All necessary equipment, such as cranes, has been
scheduled to be on-site to lift the modular housing onto the
prepared foundations. Commissioning of the facility is planned for
January 2023.
"We are very proud of what our team has accomplished over the
last 2 years," says Robert Rohlfing,
CEO of Desert Mountain Energy Corp. "Like most companies, we faced
delays but made strategic management decisions, like purchasing our
own trucking fleet, in order to reduce the impact. We look forward
to producing helium and providing domestic end-users throughout the
helium shortage."
The team will continue to work on the site fabrication and
welding of the high-pressure inter-module lines.
ABOUT DESERT MOUNTAIN ENERGY
Desert Mountain Energy Corp. 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
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in polices of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release. The statements made in this press release may contain
certain forward-looking statements that involve a number of risks
and uncertainties. Actual events or results may differ from the
Company's expectations.
Cautionary Note Regarding Forward-Looking
Statements
This news 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.
Such forward looking statements and information herein include but
are not limited to statements regarding the Company's anticipated
performance in the future the planned exploration activities,
receipt of positive results from drilling, the completion of
further drilling and exploration work, and the timing and results
of various activities.
Forward-looking statements or information involve known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
the Company and its operations to be materially different from
those expressed or implied by such statements. Such factors
include, among others, changes in national and local governments,
legislation, taxation, controls, regulations and political or
economic developments in Canada
and the United States; financial
risks due to helium prices, operating or technical difficulties in
exploration and development activities; risks and hazards and the
speculative nature of resource exploration and related development;
risks in obtaining necessary licenses and permits, and challenges
to the Company's title to properties.
Forward-looking statements are based on assumptions
management believes to be reasonable, including but not limited to
the continued operation of the Company's exploration operations, no
material adverse change in the market price of commodities, and
such other assumptions and factors as set out herein. Although the
Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements or information, there may be other
factors that cause results to be materially different from those
anticipated, described, estimated, assessed or intended. There can
be no assurance that any forward-looking statements or information
will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements or
information. Accordingly, readers should not place undue reliance
on forward-looking statements or information. The Company does not
intend to, and nor does not assume any obligation to update such
forward-looking statements or information, other than as required
by applicable law.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/desert-mountain-energy-completes-testing-of-the-mccauley-helium-processing-facility-301696625.html
SOURCE Desert Mountain Energy Corp.