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Mining News - Gold Mining Growth Stock Completes Acquisitions Of 3 Producing Mines, Mining Refinery Processing Plant And Raw Ore Mine Tailings

Released on = August 9, 2007, 4:36 pm

Press Release Author = Emerge News

Industry = Financial

Press Release Summary = In gold mining news, growth stock Dhanoa Minerals, Ltd.
(Stock Symbol: DHNA) has acquired 3 producing gold mines in Ecuador and a mining
processing refinery along with raw gold and silver ore mine tailings with $5,500,000
annual revenue estimated recovery potential.

Press Release Body = Las Vegas, Nevada and Toronto, Canada - August 11, 2007 - In
recent gold mining news, growth stock mining company, Dhanoa Minerals, Ltd. (Stock
Symbol: DHNA) has successfully closed and recorded the acquisition of three
producing gold mines in the Bella Rica region of Ecuador and taken possession of the
\"Spanish Plant", a the gold and silver refinery and mining processing plant.

For more details visit the company web site http://www.dhanoaminerals.com . Stock
investment summaries, quotes and a Dhanoa Research Report issued by a leading stock
analysis company can be found at http://www.emergenews.com/dhna.htm .

Lee Balak, President of Dhanoa Minerals, stated \"We are now extremely focused on the
modernization efforts that have been underway and are now in full gear. We are also
moving into Phase 2 of our expansion program and seeking additional acquisitions.
Many of the richest veins on our properties continue onto adjacent properties that
have not been mined yet, which gives us a golden opportunity to expand into areas
with potential reserves."

More workers in the mines translate into increased production -- As part of this
accelerated growth program Dhanoa has increased the size of its labor force to 180
miners to increase gold and silver production at its mines in southern Ecuador.

Immediate company revenue increases will be generated by using the Spanish Plant
refinery to re-process existing gold and silver mining raw ore tailing stockpiles at
the plant and at the company\'s mining properties. Initial testing results indicate
that the tailings contain a minimum of 1.7 grams of gold and as many as 6 grams of
silver per ton. The dollar value of the reprocessed tailings could amount to as much
as $37 per ton. Based upon current production of 500 tons per day, the tailings
could be worth a minimum of $18,500 per day as additional revenues, which equates to
an additional $5,500,000 per year.

Dhanoa is currently on target to produce estimated annual revenues of $80,000,000.



Notice: This report is for informational purposes only. All data was obtained from
information available on the Internet. No part is to be considered stock
solicitation or an offer to buy or sell securities. No investment advice of any kind
is to be inferred. This news release contains \"forward looking statements\" as
defined by SEC regulations. Actual results may differ materially.


Web Site = http://www.emergenews.com/dhna.htm

Contact Details = Princeton Research, Inc.
Mike King (702) 650 - 3000
3887 Pacific Street
Las Vegas, NV 89121
mike@princetonresearch.com

Dhanoa Minerals Ltd.
Corporate Head Quarters
Lee Balak, 416-838-4348 or 416-742-6579
www.dhanoaminerals.com

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