Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has commenced diamond drilling at the Gold Run prospect at its Yellowjacket Gold Project (“the Project”) located 9 km east of Atlin, BC. This initial drilling comprises up to 2000 m of core drilling as part of the Company’s […]
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 […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has now closed the sale of all of its right, title and interest in the Yellowjacket Gold Project and related mineral tenures in the Atlin, B.C. mining camp (the “Property”) to Brixton Metals Corporation (TSX.V: BBB) (“Brixton”), […]
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 […]
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 […]
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 […]
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 […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has now acquired a further tranche of 12,228 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, […]
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 […]
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 […]