Dhanoa Minerals Extends Holdings by Staking 101 New Mining Claims on Porphyry Copper
Dhanoa Minerals, Ltd. (Frankfurt WKN: A0LB3X) (Kurzel: D7Z) (OTC
Pinksheets: DHNA), is pleased to announce that they have staked a
further 101 claims on the Turquoise Mountain copper project in Southern
California on the recommendation of their consulting Geologist. More
area was required to cover the possible mineralized zone extensions of
length and depth. During the next 6 months the exploration program will
determine which sections of the claim block will be drilled.
As previously reported on February 14th, 2012, Dhanoa signed a Letter Of
Intent (LOI) to purchase 65 mining claims that cover a copper project
located in San Bernadino County, California. The area is known as the
'Turquoise Mountain/ Solomon's Knob Project.' A formal agreement stating
all of the LOI terms and conditions is being drafted and will be
executed by April 30, 2012.
Dhanoa has commenced examining and collating the data generated by
several major copper exploration companies since the mid-1950s. This
work, including two separate Induced Polarization (IP) programs and
several drilling campaigns between 1955 and 1971, indicates three major
zones of mineralization over the 10-mile long, East-West porphyry
structure.
Dhanoa's Consulting Geologist is collecting copies of this comprehensive
data from the archives of the previous explorers and is planning the
Company's activity on the project with a goal towards establishing
mineable reserves to start early production. CEO Russell Smith said,
'Earlier exploration programs included some drilling that indicate
substantial amounts of continuing copper occurrence, such as an
intercept of 90 feet with .23% copper and another intercept of 170 feet
with .13% copper.' He added, 'Some fresh IP lines utilizing modern
software interpretations will assist this program to narrow the focus of
future work to the areas that are most prospective and closest to the
surface.'
Safe Harbor Statement - This information may contain forward-looking
statements and involve risks and uncertainties. Results, events and
performances could vary from those contemplated. These statements
involve risks and uncertainties which may cause actual results,
expressed or implied, to differ from predicted outcomes. Risks and
uncertainties include product demand, market competition, and Dhanoa's
ability to meet current or future plans. Investors should study and
understand all risks before making an investment decision. Readers are
recommended not to place undue reliance on forward-looking statements or
information. Dhanoa is not obliged to publicly release revisions to any
forward-looking statement, to reflect events or circumstances afterward,
or to disclose unanticipated occurrences, except as required under
applicable laws.
Dhanoa Minerals, Ltd.
Mr. Henry Manayan, Esq.
Chief Operating
Officer
408-656-0143
