Entries by desert_mountain

Desert Mountain Energy Announces Results of Recent Helium Auction by the U.S. Bureau of Land Management Which Reflected Surging Helium Prices

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) reports that the recently concluded FY 2019 Crude Helium Auction by the U.S. Bureau of Land Management (“BLM”) reflected surging prices in the world Helium market. The auction took place in Amarillo, TX, site of the National Helium Reserve, on August 31, 2018. […]

African Queen Mines Targets Gold Run Prospect for Drilling at Yellowjacket Gold Project

Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it is now in final preparation for its 2017 core drilling program at the Yellowjacket Gold Project located 9 km east of Atlin, BC. After reviewing several prospective zones on its tenures, the company has prioritized the Gold Run prospect for […]

Desert Mountain Energy Enters Into Agreement to Sell Its Yellowjacket Gold Project and Atlin, B.C. Properties to Brixton Metals

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has signed a binding Asset Purchase and Sale and Royalty Agreement (the “Agreement”) with Brixton Metals Corporation (TSX.V: BBB) (“Brixton”), pursuant to which it is selling all of its right, title and interest in the Yellowjacket Gold […]

Soren Christiansen Joins Desert Mountain Energy Board of Directors

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that Soren Christiansen has joined the Board of Directors of the Company. He is a highly accomplished oil & gas industry professional who has served as a senior operations executive over a career spanning more than three decades. Mr. Christiansen […]

Ardito Martohardjono Resigns as a Director of Desert Mountain Energy

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) reports that Ardito Martohardjono has resigned his position as a Director of the Company in order to accept a full-time position with Bureau Veritas Commodities Canada Ltd. (“BV”), an international leader in testing, inspection and certification. That position precludes him from sitting on the […]

Desert Mountain Energy Closes $640,500 First Tranche of Private Placement

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $640,500. Under the terms of the private placement, the Company has issued 3,202,500 Units (the “Units”) at CAD $0.20 per […]