TORONTO, December 12 /CNW/ - Dhanoa Minerals Ltd.
(OTC:DHNA)(Frankfurt:D7Z) is pleased to report that November production of
6,165 grams of gold production has exceeded the first million dollars of
production from the Nonanza, Guanache and Mollopongo mines in Bella Rica,
All this was attained with older out-dated equipment that is now in the
process of being replaced with a newly purchased Texas Crusher System
(www.txcrushersystem.com) which will allow for much greater production in 2008
and beyond (see news release from Nov 12, 2007).
In addition, gold assays from two new veins discovered while
interconnecting the mines were assayed at 9-10 grams gold per ton and the new
Guanache veins 10-17 grams per ton. The company is in receipt of all the
assays taken from the San Jorge Mine as well as Porvenir Mine which adjoin the
Bonanza Mine to the North West. We feel confident in their added potential and
have accelerated negotiations with their respective owners.
Our company's legal council in Ecuador is dealing with an illegal break
in and disruption which took place at the bonanza mine. Council has assured us
of removing this threat and assuring safety for our workers.
It has been a great year to have going into full production from just
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 x101