Silurian

DESERT MOUNTAIN ENERGY ACQUIRES HELIUM-BEARING GAS FIELD IN NEW MEXICO

Retrieved on: 
Monday, June 19, 2023

The Company is pleased to announce that it has signed a binding letter of intent to purchase the Pecos Slope West Abo Gas Field and gas gathering system located in Chaves County, New Mexico.

Key Points: 
  • The Company is pleased to announce that it has signed a binding letter of intent to purchase the Pecos Slope West Abo Gas Field and gas gathering system located in Chaves County, New Mexico.
  • Generating additional revenue from Helium, CO2, methane credits and NGL's
    The Company plans to revitalize the Pecos Slope West Abo Gas Field and improve natural gas sales from the wells current level.
  • The Company's assessment, which began last year, includes an individual third-party gas analysis on 187 of the 188 gas wells.
  • The gas tests were conducted in February 2023 and show interesting gas composition dependent on the specific location within the Pecos Slope West Abo Gas Field.

Brascan Enters into Option Agreements to Acquire Mountain Pond, Birchy Lake and Miguel’s Lake Properties

Retrieved on: 
Thursday, March 3, 2022

VANCOUVER, British Columbia, March 03, 2022 (GLOBE NEWSWIRE) -- Brascan Gold Inc. (CSE:BRAS), together with its subsidiary Baie Verte Resources Inc., (Brascan or the Company) is pleased to announce that they have entered into three separate option agreements (the Agreements) to acquire up to a 100% interest in the Mountain Pond property (the Mountain Pond), the Birchy Lake property (Birchy Lake) and the Miguels Lake property (Miguels Lake and, together with Mountain Pond and Birchy Lake, the Properties).

Key Points: 
  • VANCOUVER, British Columbia, March 03, 2022 (GLOBE NEWSWIRE) -- Brascan Gold Inc. (CSE:BRAS), together with its subsidiary Baie Verte Resources Inc., (Brascan or the Company) is pleased to announce that they have entered into three separate option agreements (the Agreements) to acquire up to a 100% interest in the Mountain Pond property (the Mountain Pond), the Birchy Lake property (Birchy Lake) and the Miguels Lake property (Miguels Lake and, together with Mountain Pond and Birchy Lake, the Properties).
  • Birchy Lake: The Birchy Lake property comprises 3 adjacent licences covering 1,050 hectares, located 45 kilometres southwest of Springdale, at the northeast end of Birchy Lake.
  • Miguels Lake: Miguels Lake property comprises 4 adjacent licences covering 3,000 hectares, located approximately 60 kilometres southwest of Newfound Golds Queensway Gold project.
  • Balbir Johal, CEO and Director stated Brascan is excited to option the Birchy Lake, Miguels Lake and Mountain Pond gold properties.