SmallCap Sentinel Initiates Coverage on Dana Resources
02 September 2009 - 10:30PM
Marketwired
Dana Resources (OTCBB: DANR), a US-based precious metals
exploration and development company, is pleased to announce that
SmallCap Sentinel has included Dana Resources in its profile on
Peru. Dana Resources currently owns and operates seven mining
projects located in Peru's most prolific mining regions.
SmallCap Sentinel states, "The Collota Gold Deposit, located in
Northern Peru in the region of Ancash on the eastern side of the
Cordillera Negra (Black Range Mountains), has estimated resource
totals of 1,170,000 ounces of gold, equivalent to a current gross
in-situ value in excess of $1 Billion. The aggregate news from Dana
paints a picture of confidence in what lies beneath the Peruvian
terrain."
A company snapshot and editorial regarding Dana Resources and of
interest to investors of gold equities AngloGold Ashanti LTD,
Barrick Gold Corporation, Newmont Mining Corp., and Gold Fields
Limited is available at www.SmallCapSentinel.com/DANR.
SmallCap Sentinel further states, "In just the past month alone,
Dana resources has entertained joint venture candidates about its
base metals projects, announced that it is currently evaluating
gold prospects within close proximity to its 1.17 million ounce
Collota gold deposit, and successfully acquired the Collota One
Gold Prospect in Peru. With seven mining projects located in Peru's
most prolific mining regions and the prospect of its share of 1.17
million ounces of gold to be found, Dana's pursuit of Peruvian gold
seems justified."
Full coverage can be found online at
www.SmallCapSentinel.com.
With some of the richest mineral reserves in the world, Peru is
one of the highest producing countries of precious and base metals
in Latin America. Previously inaccessible regions are now becoming
available through modern technology and equipment, making the high
diversity of marketable minerals an extremely attractive prospect.
In total, Peru holds about 16 percent of the world's known mineral
reserves.
About Dana Resources
Dana Resources is a precious and base metals exploration company
with offices in the United States and Peru. Dana's management team
possesses local knowledge, extensive international connections, a
wealth of experience and technical expertise in mining, mining
finance, exploration and production. Dana Resources has acquired a
portfolio of gold, silver and other precious & base metal
properties located in Peru's most prolific mining regions. With
Peru growing as a producer of gold, silver and other metals on the
international market, Dana Resources is well positioned to
capitalize on the escalating global demand for commodities. The
management team and Directors are committed to creating value for
their shareholders and to the long-term success of Dana
Resources.
Forward-Looking Statements
The statements contained herein which are not historical are
forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements, including,
but not limited to, certain delays beyond the company's control
with respect to commencement of drilling operations, concentration
in mineral deposits, delays in testing and evaluation of ore
samples, and other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission.
Contact: Len De Melt Dana Resources www.danaresources.com Email
Contact
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