Mr. Moises Rosales Joins Dana Resources as Chairman
LAS VEGAS, NV, Jul 13 (MARKET WIRE) --
(OTCBB: DANR) -- Dana Resources, a US-based precious and base metals
company with advanced-stage mining projects in Peru, is pleased to
announce the appointment of Mr. Elmer Moises Rosales as a Director and as
Chairman of the Board effective immediately.
Mr. Rosales is a Peruvian mining entrepreneur with over 30 years of
experience. He presently serves as the President and General Manager of
numerous private Peruvian mining companies including MRC1 Exploraciones
EIRL and SMRL Norteamerica XXI, SMRL Virgen De Las Nieves IV, and SMRL
Angelo XXI.
Mr. Rosales has completed successful negotiations with major Peruvian and
international companies, including Newmont Peru S.R.L. (Parinacochas
Project), Cia. Minera Poderosa SA (regarding the Pataz Batholith), Minera
Barrick Misquichilca SA (Alto Chicama Project), Compania Minera Azure del
Peru SA (Azulcocha Project) and Compania Minera Bencasi (Santa Project)
among others.
Mr. Rosales owns more than 295,000 acres of mining rights in Peru, in
which there are metallic, non-metallic and uranium mining concessions.
Among the metallic projects, there are porphyry Au-Cu deposits, highly
sulphidated gold-bearing deposits and stratiform polymetallic deposits.
Mr. Rosales also controls a company that produces non-metallic products,
as well as a private gold mining operation. He is a specialist in setting
up agitation and heap leaching plants and has an industrial scale pilot
plant for this purpose.
Len De Melt, president of Dana Resources, stated: "We are extremely
pleased to have Mr. Rosales join the team at Dana Resources as Chairman.
His broad range of experience, expertise, and extensive contacts within
the Peruvian mining sector will greatly enhance our capabilities and
access within the country. His primary focus will be putting the
Company's various advanced-stage mining projects into production."
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. Dana Resources is well positioned to capitalize on Peru's
growth as a leading global producer of gold, silver and base metals. The
management team and Directors are committed to creating value for their
shareholders and to the long-term success of Dana Resources.
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 DeMelt
President
Dana Resources
www.danaresources.com
Email Contact
702-952-9629
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