Independent Geologist Study Yields Greater than Expected Results for All of Dhanoa Minerals Bonanza Properties
Dhanoa Minerals Ltd (Nachrichten) (OTCBB:DHNA)(FWB:D7Z) announces that the results of a recent assay study of its gold properties were extremely encouraging.
“The random samples yielded outstanding results above and beyond the industry standard,“ commented Mr. Lee Andrew Balak, president of Dhanoa Minerals Ltd. “These recent findings only serve to confirm our confidence in our properties.“
The study was performed by independent geologist Larry Sostad. An expert in geophysics, mining exploration, geology, and geochemistry, Mr. Sostad graduated from the prestigious Montana School of Mines. He worked with various companies in the mining industry, including McIntyre Porcupine Mines, and industry giant Cominco, where he was in charge of conducting all geochemistry.
Mr. Sostad conducted random testing throughout the various tunnels at the company's three gold producing mines in southern Ecuador. The samples were then sent to an Assayers laboratory in Canada where they were certified.
Of the 12 samples taken, the following three were the most encouraging:
A2709-2 238.2 Au g/tonne A2712-1 24.50 Au g/tonne 300.3 Ag g/tonne A2712 78.20 Au g/tonne 144 Ag g/tonne
The standard for gold in the area where the tests were conducted is approximately 20g/ton.
About Dhanoa Minerals Ltd.
'Dhanoa' is a production stage company formed for the purpose of acquiring, exploring, and developing natural resource properties. Activities during the production and exploration stage include 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.
Forward Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements that involve risks and uncertainties. Actual results may differ materially from any forward-looking statements due to many risk factors which include, but are not limited to, no operating history and no earnings, reliance on the Company's management team, the ability to successfully implement the Company's business plan, the ability to fund the Company's business strategy, competition and general economic conditions. Reference is made to our filings made with the United States Securities and Exchange Commission. This news release is not intended for Canadian Investors. |