DESERT MOUNTAIN ENERGY HOLDS COMMISSIONING CEREMONY FOR THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that on January 17, 2023, the Company held a commissioning ceremony for the McCauley Helium Processing Facility.

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DESERT MOUNTAIN ENERGY EXERCISES OPTIONS ON ADDITIONAL ACREAGE OF HELIUM PROSPECT IN ARIZONA

The Company is pleased to announce that it has elected to exercise its option to lease an additional 8,023 acres in Arizona.

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DESERT MOUNTAIN ENERGY RECEIVES DELIVERY OF MAJOR COMPONENTS OF McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that three of the four components which house the McCauley Helium Processing Facility arrived on-site on December 13, 2022, and were set into place on December 14, 2022.

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DESERT MOUNTAIN ENERGY SUCCESSFULLY COMPLETES GUNNAR DOME WELL

The Company is pleased to announce that it has successfully completed its wildcat well on the Gunnar Dome prospect. As previously announced, the Company made the decision to test multiple zones in the well to have a better understanding of the localized geology with regard to future drill locations.

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DESERT MOUNTAIN ENERGY COMPLETES TESTNG OF THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that testing of the McCauley Helium Processing Facility has been completed.

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DESERT MOUNTAIN ENERGY ACQUIRES ADDITIONAL LAND ALONG WITH AN UPDATE ON THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that it has acquired 40 acres of land for its South Winslow prospect.

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DESERT MOUNTAIN ENERGY CORP. UPDATE ON THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce its plant build contractor, GENERON, is completing assembly and will begin testing of the plant by 11/18/2022. It is expected that the testing of all modular units will be completed by 11/29/2022.

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DESERT MOUNTAIN SETS STOCK OPTIONS

Desert Mountain Energy Corp. (“DME” or the “Company”) has granted a total of 815,000 incentive stock options at an exercise price of $2.35 per share to its directors, officers, employees, and consultants.

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DESERT MOUNTAIN ENERGY CORP. QUARTERLY UPDATE

The workover rig and the required associated equipment are scheduled to arrive next week upon being released from their current work. We will be conducting a cement squeeze operation on both sets of current perforations in order to isolate them. Once completed, perforation into a different zone where well logs and instrumentation indicated helium, will be performed.

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DESERT MOUNTAIN ENERGY SIGNS JOINT OPERATING AGREEMENT & GUNNAR DOME WELL UPDATE

The Company is pleased to announce that it has signed a Joint Operating Agreement (JOA) with Beam Earth Ltd. The JOA initially encompasses the shallow hydrogen zones found while drilling in the McCauley helium field.

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