Desert Mountain Energy’s Helium Targeting Work Ongoing in Arizona’s Holbrook Basin

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME | U.S. OTC: DMEHF | Frankfurt: QM01) is pleased to announce that targeting work for its upcoming 2019 helium drill program is ongoing in Arizona’s Holbrook Basin in North-Central Arizona (the “Basin”).  After preliminary review of geological, historical, cultural and environmental factors, the Company has developed seven distinct prime prospects in different areas throughout the Basin, which covers an area approximately 160 mi X 100 mi. Initially, the Company had identified 22 potential targets. The Company’s total acreage under lease in the Basin is now 39,742, of which 36,702 acres is under lease from the Arizona Department of Land and 3040 acres is under lease from the Bureau of Land Management of the U.S. Dept. of the Interior.  The Company is planning to drill three helium wells in the upcoming program in different prospects in the Basin and is in the process of further prioritizing its targets.  The wells are contemplated to be simple, vertical wells drilled to shallow depths between 1400 ft. and 3500 ft.

The Company has undertaken extensive geological studies of the Basin, including desktop review of all publicly available logs from wells drilled in the Basin for oil & gas, potash, water and other commodities, published engineering and geological reports from private companies and public sources including the University of Arizona, satellite spectral imaging studies and other materials from accredited sources such as the U.S. Geological Survey.    In addition, the Company’s technical team has carried out extensive ground studies and mapping of key geological features throughout the Basin deemed to have the potential to serve as traps for significant commercial helium reservoirs. The Company’s prime prospects are characterized by anticlinal features, monoclines and other geological structures with surface expression, together with reservoir rocks and salt and anhydrite cap rocks typical of helium traps in the Basin.  The Company initiated its exploration and land acquisition program in the Basin in the 4th quarter of 2017.

As part of its geological studies, the Company is undertaking 2-D seismic geophysical studiesof approximately 15 miles of seismic lines over five of the prime target prospects. Bird Seismic Services of Globe, Arizona, a highly experienced and well-respected local geophysics firm, is performing the seismic work under contract from the Company.  In addition, Arizona-based LA Neal Consulting, LLC, a highly-qualified specialist in cultural resources and environmental regulatory matters, is performing desktop and comprehensive archaeological field studies to ensure compliance with applicable requirements of the Arizona Department of Land, Arizona State Historic Preservation Office and Arizona State Museum.  The Company’s choice of drill targets is designed to focus on the best geological prospects in the Basin which at the same time involve minimal or no footprint on local communities, historic cultural resources or the environment.

According to Irwin Olian, CEO of the Company, “We are very excited by the progress of our technical team to date in developing highly prospective targets for our 2019 drilling program.  We hope to complete our target selection and the permitting process to enable us to drill sometime later in the second quarter of this year.”

About Desert Mountain Energy
The Company is an exploratory resource company engaged in exploration and development of helium, oil & gas and mineral properties in the Southwestern United States. Until September 5, 2018, the Company also owned the Yellowjacket Gold Project in Atlin, British Columbia, which it had been developing. The Company has its executive offices in Vancouver, Canada. The Company was incorporated under the laws of the Province of British Columbia, on April 30, 2008, and was formerly named African Queen Mines Ltd. It initially received certain southern African assets in a spin off transaction related to the acquisition of Pan African Mining Corp. by Asia Thai Mining Co., Ltd.

On Behalf of the Board of Directors of Desert Mountain Energy Corp.
“Irwin Olian”
Irwin Olian
Chairman & CEO

For more information, contact:
Irwin Olian
President and CEO
E-mail: tigertail@desertmountainenergy.com
Tel:  +1-604-899-0100
Fax: +1-604-899-0200

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. 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.

SmallCap-InvestorTV interview with Irwin Olian, CEO & President of Desert Mountain Energy Corp.

City of Flagstaff Terminates Memorandum of Understanding for Strategic Regional Development of Helium & Hydrocarbon Resource

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME | U.S. OTC: DMEHF | Frankfurt: QM01) announces that the City of Flagstaff (“Flagstaff”) has terminated the Memorandum of Understanding (the “MOU”) for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff region and Coconino County, Arizona. The newly elected City Council determined that it had not had sufficient opportunity to address community concerns and elected to serve the Company with a written 10-day termination notice in accordance with the terms of the MOU.  At the same time, the Council terminated the related license agreement providing the Company with limited  access to City-controlled ground at Red Gap Ranch for purposes of seismic studies. The license agreement will continue for a period of six months during which time the Company may complete seismic studies if it elects to do so, subject to sharing the results of such studies with Flagstaff.

According to Irwin Olian, CEO of the Company, “We are disappointed that the City of Flagstaff has determined to pull back from its cooperative strategic relationship with the Company under the MOU, but understand that development of helium resources is outside the scope of their expertise and experience and there has been little opportunity for study by the new City Council.  We hope to have the opportunity in the near future to provide additional information and make a full presentation that addresses all concerns.”

“Helium has now been designated a strategic commodity by the U.S. Government and it is a green commodity that is in great demand by the high tech community and new economy.  It is now used in hard drives of computers at the big data centers to increase efficiency by allowing the computers to run smoother and cooler, lowering energy costs. It is used in MRI’s throughout the world to cool their big magnets. It is used to cool the cores of nuclear reactors to prevent meltdowns.  It is being used by Google in its Project Loon to bring internet to remote areas all around the world through a series of helium balloons in the upper atmosphere. It is used as a lifting gas and a host of other everyday uses like bar code readers in supermarkets. Even here in Flagstaff, Northern Arizona University scientists were advocating the use of helium in autonomous vehicles as a coolant to create energy efficiency for electric vehicles, thereby increasing range. Helium is inert, non-flammable, non-combustible and is a great boon to mankind, whilst free of any of the negative side effects of other gases and chemicals.  It is so safe that divers regularly breathe it in their scuba tanks where it is mixed with oxygen.  Helium extraction is minimally invasive and is done through shallow wells with very narrow pipes rather than mining operations, so there is no mine or unsightly scarring of the ground.”

“All of the Company’s helium leases were obtained on ground leased by the State of Arizona and the U.S. Department of the Interior Bureau of Land Management.  Hence, termination of the MOU will not impact existing exploration and development plans on the Company’s leases. We do hope, however, that over time Flagstaff will reconsider its position and recognize the opportunity which helium development could create locally for significant cash flow, job and infrastructure development with little or no footprint on the environment or local communities.”

About Desert Mountain Energy
The Company is an exploratory resource company engaged in exploration and development of helium, oil & gas and mineral properties in the Southwestern United States. Until September 5, 2018, the Company also owned the Yellowjacket Gold Project in Atlin, British Columbia, which it had been developing. The Company has its executive offices in Vancouver, Canada. The Company was incorporated under the laws of the Province of British Columbia, on April 30, 2008, and was formerly named African Queen Mines Ltd. It initially received certain southern African assets in a spin off transaction related to the acquisition of Pan African Mining Corp. by Asia Thai Mining Co., Ltd.

On Behalf of the Board of Directors of Desert Mountain Energy Corp.
“Irwin Olian”
Irwin Olian
Chairman & CEO

For more information, contact:
Irwin Olian
President and CEO
E-mail: tigertail@desertmountainenergy.com
Tel:  +1-604-899-0100
Fax: +1-604-899-0200

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. 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.

 

Invest in helium, biotech, and UK small caps in 2019

Desert Mountain Energy Enters Into Memorandum of Understanding with City of Flagstaff for Strategic Regional Development of Helium & Hydrocarbon Resources

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME | U.S. OTC: DMEHF | Frankfurt: QM01) is pleased to announce that it has entered into a Memorandum of Understanding (the “MOU”) with the City of Flagstaff (“Flagstaff”) for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff region and Coconino County, Arizona. The initial Term is one year. Under the MOU, the parties agree to work together on a cooperative basis to evaluate potential resources and, if mutually beneficial, to develop reasonable plans for strategic development. It is agreed that the parties shall share all available relevant technical and geological data and that the Company shall fully consult with Flagstaff concerning each major exploration, drilling, development and production program in the area.

Flagstaff is the largest city in Northern Arizona and serves as the cultural, educational, economic, governmental and community center of the region, as well as the county seat for Coconino County. It comprises over 64 square miles of prospective ground for helium and hydrocarbons at the base of the San Francisco Peaks. The Company presently controls leases aggregating approximately 18,234 acres in Coconino County in its Heliopolis Project. The Company’s aggregate holdings in Arizona’s Holbrook Basin are now approximately 39,742 acres.

The objective of the MOU is to encourage appropriate economic development in the region in order to create cash flow for Flagstaff and local communities, with a view toward furthering local education, job creation, increasing local and regional infrastructure and generally increasing the well-being of the people. At the same time, maintaining and preserving the ecosystem and beautiful Northern Arizona landscape and environment as a long-term legacy is a major priority. Hence, planned economic development will be mindful of preserving the environment and not impinging significantly on the rights and customs of local indigenous communities.

Flagstaff has agreed to work with the Company on a cooperative basis to encourage access to areas identified as highly prospective for helium and hydrocarbon resources so long as those areas are not in designated national or state parks or are otherwise recognized as highly sensitive. The parties agree to work together to limit the environmental impact of the work and production programs whilst allowing for the successful extraction of valuable resources. Flagstaff has granted the Company easements over certain of its ground in order to properly effectuate the Company’s programs, subject to restrictions.

According to Irwin Olian, CEO of the Company, “We are very gratified to have gained the support of the City of Flagstaff for our exploration and development programs in Coconino County, Arizona. We look forward to working with Flagstaff on a cooperative basis to develop plans for strategic development of helium and hydrocarbon resources in the region in a manner which creates a minimal footprint and is highly sensitive to environmental, cultural and community issues. At the same time, we believe Flagstaff can be the beneficiary of significant cash flow, job and infrastructure development from development of these resources. We view this as a “win-win” situation for all concerned.”

About Desert Mountain Energy
The Company is an exploratory resource company engaged in exploration and development of helium, oil & gas and mineral properties in the Southwestern United States. Until September 5, 2018, the Company also owned the Yellowjacket Gold Project in Atlin, British Columbia, which it had been developing. The Company has its executive offices in Vancouver, Canada. The Company was incorporated under the laws of the Province of British Columbia, on April 30, 2008, and was formerly named African Queen Mines Ltd. It initially received certain southern African assets in a spin off transaction related to the acquisition of Pan African Mining Corp. by Asia Thai Mining Co., Ltd.

On Behalf of the Board of Directors of Desert Mountain Energy Corp.
“Irwin Olian”
Irwin Olian
Chairman & CEO

For more information, contact:

Irwin Olian
President and CEO
E-mail: tigertail@desertmountainenergy.com
Tel:  +1-604-899-0100
Fax: +1-604-899-0200

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. 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.