Mr. Robert Rohlfing reports
DESERT MOUNTAIN ENERGY RECEIVES LETTER OF SUPPORT FROM ROSWELL-CHAVES COUNTY ECONOMIC DEVELOPMENT CORPORATION
Desert Mountain Energy Corp. has received a letter of support from the Roswell-Chaves County Economic Development Corp., recognizing the company's planned investment initiatives and their potential to create meaningful employment opportunities in the Roswell-Chaves county region of New Mexico.
In its letter, RCCEDC expressed its support for the company's efforts to advance innovative energy and resource technologies while encouraging economic growth in the region. The organization also indicated its commitment to work with Desert Mountain Energy by providing access to regional resources and identifying potential monetary and tax credit incentive programs that may assist with future development initiatives.
The letter highlights several technology areas that RCCEDC believes have the potential to contribute to future industrial development within Roswell-Chaves county, including:
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Enhanced recovery development for helium-3 and helium-4;
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Enhanced gas supply security for a proposed hyperscale data centre, including pipeline infrastructure and underground natural gas storage;
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Hydrogen recovery and development to support future power demands;
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Produced water treatment to support data centre power generation and rare earth element recovery; and
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Recovery and utilization of sodium chloride from treated water for sodium-ion battery manufacturing.
RCCEDC further noted that these initiatives have the potential to strengthen the regional economy by attracting new investment, creating high-quality jobs and supporting long-term industrial growth in southeastern New Mexico.
"We appreciate the support from the Roswell-Chaves County Economic Development Corp. and look forward to continuing discussions as we evaluate opportunities in the Roswell-Chaves county region," said Robert Rohlfing, executive chairman and chief executive officer of Desert Mountain Energy. "We are encouraged by RCCEDC's willingness to assist with access to regional resources and potential monetary and tax credit incentives as we continue evaluating technologies focused on helium recovery, energy security, hydrogen development and produced water treatment. We believe these initiatives have the potential to support future investment and meaningful job creation while advancing technologies that align with the region's long-term economic development goals."
The company cautions that the letter of support does not constitute a binding agreement or guarantee the receipt of incentives or the advancement of any specific project. Any future initiatives remain subject to technical evaluation, financing, regulatory approvals and other customary conditions.
About Desert Mountain Energy Corp.
Desert Mountain is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and natural gas. The company is focused on helium extraction from different raw gas sources in an environmental and
economic manner, supplying elements deemed critical to the renewable energy and high-technology industries.
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