TORONTO, November 12 /CNW/ - Dhanoa Minerals (OTC:DHNA) (Frankfurt:D7Z)
purchases integral production equipment and works on sec filing for first
Dhanoa has purchased a new 36 inch by 48 inch primary jaw crusher and a
110 ton per hour secondary crushing plant from Texas Crusher Systems Inc.
www.txcrushersystem.com. This Auto-Balance Impact Crusher System can take hard
rock ore from 2 1/2 inch diameter coming off the Primary Jaw Crusher and grind
the ore to 200 minus in size. From the testing work that we have done, the
gold and silver metals are liberated above 180 minus in size. This crushing
system will pulverize clay balls and other impurities thus cleaning the
rock/sands as it goes through the system. The installation of this system will
essentially eliminate daily/weekly downtime while increasing percentages of
metals recovery and overall gold production.
This initial purchase is the first of many planned purchases for
increasing our current gold production and fits very well in our new
production modelling of our Guanache, Mollopongo and Bonanza Mines. The
purchased equipment will be containerized and will arrive in Ecuador in the
month of December and will be installed and integrated to our facility.
As of the latter part of October, all of our mines are interconnected
underground. This allows us easier access and offers us numerous working
faces. As a result of interconnecting the mines, we are now able for the first
time to access the disseminated ores in the Mollopongo Mine. This initiative
slowed our production levels in September to 183 ounces of gold and 192 ounces
gold in October.
From this point on our production levels will continue to grow. Currently
our Auditor and Accountant are working on the SEC Filings for Dhanoa's first
production quarter. Management will continue the reporting process to validate
the company's affairs going forward.
About Dhanoa Minerals Ltd.
'Dhanoa' is a production stage company formed to acquire, explore, and
develop natural resource properties. Activities include gold production and
sales, further development of the Company's business plan and raising capital.
The Company has recently initiated a new program to evaluate undervalued
assets for potential addition to its mineral claim portfolio.
This press release includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. In addition to
statements which explicitly describe such risks and uncertainties, readers are
urged to consider statements labeled with the terms "believes," "belief,"
"expects," "intends," "anticipates," "will," or "plans" to be uncertain and
forward looking. The forward-looking statements contained herein are also
subject generally to other risks and uncertainties that are described from
time to time in the company's reports and registration statements filed with
the Securities and Exchange Commission.
For further information:
For further information: Dhanoa Minerals Ltd. Lee Balak, 416-838-4348 or
416-742-6579 www.dhanoaminerals.com or Princeton Research, Inc. Mike King,
702-650-3000 or Dedicated Marketing Chris Roundtree, 972-731-5112 ext. 101