Entries by desert_mountain

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 […]

Desert Mountain Energy Announces Private Placement

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1,500,000. Under the terms of the private placement, the Company will offer for sale up to 7,500,000 Units (the “Units”) at CAD $0.20 per Unit. The Company […]

Desert Mountain Energy Acquires Additional 12,219 Acres of Strategic Helium Leases in Arizona’s Holbrook Basin, Including Zone with Original Discovery Well

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has now acquired an additional 12,219 acres under lease for helium oil & natural gas from the Arizona Department of Land within the prolific Holbrook Basin of Eastern Arizona. The new leases are situated in Navajo and […]