DESERT MOUNTAIN ENERGY POWERS UP THE McCAULEY HELIUM PROCESSING FACILITY

Rhea-AI Summary

Desert Mountain Energy Corp. (OTC: DMEHF) announced the completion of high-pressure testing of its McCauley Helium Processing Facility, which is now operational via CNG generators. The facility will switch to solar energy upon receiving battery storage units. The company is addressing potential processing challenges due to summer temperatures by having GENERON fabricate and install necessary components in the next 10-14 days. CEO Robert Rohlfing praised the on-site fabrication work despite facing extreme winter conditions. DME aims to optimize throughput and product purity over the coming 90 days.

Positive

• Successful high-pressure testing of all processing components.
• Facility now operational using CNG generators.
• Transition to solar energy planned with battery storage units.

Negative

• Potential processing issues during elevated summer temperatures.

VANCOUVER, BC, Feb. 27, 2023 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (FSE: QM01) From the President of the Company. The Company is pleased to announce that it has completed high-pressure testing of all the processing facility components and has powered up the facility through the compressed natural gas (CNG) generators. The McCauley Helium Processing Facility will transition to solar energy upon the arrival of the battery storage units.

DME has identified a few items which could possibly affect processing during elevated summer temperatures. GENERON is resolving this by fabricating the appropriate pieces and installing them within 10-14 days to resolve any issues.

"We are pleased with the excellent job performance and on-site fabrication services that our installation crews did for us since taking delivery of the plant," said Robert Rohlfing, CEO of Desert Mountain Energy Corp. "Working through the final details on a project that is this complex is time-consuming but necessary."

Extreme winter conditions required extra diligence during welding and other operations performed in the open desert. Pass ratings required X-raying all welds to detect any defects like porosities, cracks and inclusions. The Company made the decision to go above the normally accepted practices in order to ensure years of uninterrupted operation and minimum maintenance. DME anticipates it will continue to work through various throughput, gaseous chemical mixtures and final product purity levels over the 90-day optimization program.

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.

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SOURCE Desert Mountain Energy Corp.

FAQ

What is the status of Desert Mountain Energy's McCauley Helium Processing Facility?

Desert Mountain Energy's McCauley Helium Processing Facility has successfully completed high-pressure testing and is now operational using CNG generators.

What actions is Desert Mountain Energy taking regarding summer processing challenges?

The company is having GENERON fabricate and install components to resolve potential processing issues during elevated summer temperatures within 10-14 days.

When will the McCauley Helium Processing Facility transition to solar energy?

The facility will transition to solar energy upon the arrival of the battery storage units.

What optimization program is Desert Mountain Energy implementing?

DME anticipates working through various throughput, gaseous chemical mixtures, and final product purity levels over a 90-day optimization program.