Mr. Moisés Rosales Joins Dana Resources as Chairman
July 13 2009 - 8:30AM
Marketwired
(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 Mois�s 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 Norteam�rica 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), C�a. Minera Poderosa SA (regarding the
Pataz Batholith), Minera Barrick Misquichilca SA (Alto Chicama
Project), Compa��a Minera Azure del Peru SA (Azulcocha Project) and
Compa��a 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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