DANR Dana Resources (CE)

Dana Resources (OTCBB: DANR) (FRA: OD0) is a US-based precious metals development company with advanced stage gold and base metal properties in Peru. Management has commented on the recent market capitalization of the Company.

"Our current share price is well below book value and trading at an even further discount to our peers the current industry standard evaluates in-situ gold deposits at over $35 USD per ounce. With an initial deposit of 1.17 million ounces, Dana's Collota gold deposit alone has a market value of $41 million USD or 81 cents per share. With the additional land packages to be included in the production process, we are confident that Collota hosts a deposit much larger than what has already been defined. Furthermore, our base metals portfolio includes the Turmalina copper deposit with an initial resource of 15 million pounds of copper. Recent copper prices of over $2.75 per pound earn the Turmalina resource an in-situ value of over $40 million $USD as well. Dana's local management has successfully taken development stage mining projects into production in Peru. Together with our international financial partners, we are on the road to producing precious and base metals in a strong commodity price era. We are committed to our projects long term and confident that shareholders will be rewarded with consistent efforts towards production," said Mr. DeMelt, President of Dana.

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.

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 Dana Resources control with respect to the 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 Dana Resources' filings with the Securities and Exchange Commission.

Contact: Leonard DeMelt Dana Resources www.danaresources.com Email Contact