Press release = More revenue streams This is exxcellent. Now a hydrogen play as well as Helium. We could have been a triple threat with the Noble gases as well if the parts were available.
As for McCauley lease, someone said ligitation but there is no lawsuit filed. Basically from what I gather someone had a lease and failed to meet obligations and that lease was cancelled. This is classic sour grapes and hoping for a payday which isn't coming from DME
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The Company was notified by Chevelon Minerals LLC., the owner of the McCauley family minerals, that a company which had previously attempted to lease from the family was making a claim that a valid lease with them was already in play.
The Company, early in its due diligence with Chevelon Minerals LLC., had been advised by the McCauley family that, after the material requirements of this prior lease had not been met, they had restructured their mineral ownership and placed the leases in question into Chevlon Minerals LLC. The representative also stated that they would work with the company in defence of the title and leases that Desert Mountain Energy Corp. has with them. For the record, the Company has paid Chevelon Minerals LLC. in excess of $33,000.00 for the leases it currently has of record which includes the lease under wells 4, 5, 6, and 7.