DANR Dana Resources (CE)

Dana Resources (OTCBB: DANR), a US-based precious metals exploration and development company, is pleased to announce initial plans to launch an intensive exploration campaign on its metals projects. Dana Resources currently owns and operates seven mining projects located in Peru's most prolific mining regions.

Peru has a strong tradition of successful mining ventures with international participation. Barrick, Newmont, Rio Tinto and other top tier mining companies have ongoing multi-billion-dollar operations in Peru. Barrick's world-class Pierina Mine originally hosted over five million ounces of gold and continues to produce up to five hundred thousand ounces of gold annually. Dana Resources' Collota gold deposit is in the same trend line as Pierina and early drilling has already indicated reserves of 1.17 million ounces of gold. IRLS MINERA is adjacent to Dana Resources' Collota Deposit and with a deposit forty per cent smaller than what has been identified at Collota, they have seen production of fifty thousand ounces annually.

Dana Resources is strategically positioned within an abounding arena of internationally recognized gold deposits and production in Peru. To realize the full potential at Collota, Dana Resources is formalizing plans and is set to permit the deposit for open pit development in conjunction with additional drilling to increase the resource base. Dana Resources proposes to initiate an aggressive and widespread exploration program to prove up resources that would qualify under strict 43-101 standards and facilitate project financing and expansion.

With some of the richest mineral reserves in the world, Peru is one of the highest producing countries of precious & base metals in Latin America. Previously inaccessible regions are now becoming available through modern technology and equipment, making the high diversity of marketable minerals an extremely attractive prospect. In total, Peru holds about 16 percent of the world's known mineral reserves.

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. With Peru growing as a producer of gold, silver and other metals on the international market, Dana Resources is well positioned to capitalize on the escalating global demand for commodities. The management team and Directors are committed to creating value for their shareholders and to the long-term success of Dana Resources.

Forward-Looking Statements

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 De Melt Dana Resources www.danaresources.com Email Contact