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

Rhea-AI Summary

Desert Mountain Energy Corp. announced the arrival of three components for its McCauley Helium Processing Facility on December 13, 2022, with installation completed by December 14, 2022. The fourth component is currently in transit. This facility, designed for flexibility in handling various helium grades, is primarily solar-powered, marking it as the first of its kind globally. The solar farm has made significant progress, with most underground wiring completed and all panels expected to be installed by Christmas 2022.

Positive

• Three components of the McCauley Helium Processing Facility were successfully delivered and installed, demonstrating progress on project timelines.
• The facility is designed for flexible operation, which could enhance processing capabilities and future expansion.
• Utilization of solar power for the facility positions the company as a pioneer in sustainable helium processing.

Negative

• None.

TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, Dec. 15, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. 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. The fourth component is in transit and will be set upon arrival.

"The McCauley Helium Processing Facility has been designed with a great deal of flexibility allowing for a wide range of pressures, flow rates and helium percentages," said Robert Rohlfing, CEO of DME. "Powered primarily by solar power, this is the first plant of its kind in the world. The Company plans to duplicate this design to expand into other areas with large diversions of helium grades. Adding additional components will enable future facilities to handle more complex raw gas mixtures that may be encountered. The Rohlfing Helium Field gas would be an example of this."

The solar farm continues to make progress. Most of the underground wiring has been buried and almost all panels should be in place before Christmas 2022. Final hookups and wiring are scheduled to be completed in early January 2023.

Click here to view the McCauley Processing Facility photo gallery.

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 are the latest updates on Desert Mountain Energy Corp.'s McCauley Helium Processing Facility?

As of December 15, 2022, three of the four components for the McCauley Helium Processing Facility have been delivered and installed.

When did the components for the McCauley Helium Processing Facility arrive?

The components arrived on-site on December 13, 2022, and were set into place on December 14, 2022.

Is the McCauley Helium Processing Facility powered by renewable energy?

Yes, the facility is primarily powered by solar energy, making it the first of its kind in the world.

What is the significance of the updates for DMEHF stockholders?

The successful delivery and installation of processing components indicates progress in operations, which could positively impact DMEHF stock performance.