DANR Dana Resources (CE)

Dana Resources (OTCBB: DANR), a US-based precious and base metals exploration company with advanced stage gold properties in Peru, is pleased to announce that it has acquired a 100% interest in the project herein known as the Turmalina Project, located in Northern Peru. Dana Resources currently owns and operates several advanced-stage mining concessions located in Peru's most prolific mining regions.

Turmalina is a high grade copper project located in Northern Peru, and is accessible by road with excellent infrastructure in the area for power, water and labour. The Turmalina project has mineralization over an area of 2.5 km by 1.25 km and covers over 1,450 acres. As of 2007, the Turmalina project has historical high grade reserves of 305,586 tons of 2.5% copper (15,000,000 pounds of copper). Dana Resources believes that there is strong potential for up to 330,000 tons of copper at Turmalina (660,000,000 pounds of copper).

The Turmalina project is along the same trend as Anglo American's Michiquillay copper porphyry deposit. Michiquillay hosts reserves of 544 million tonnes with 0.69% Cu, 0.1-0.5 g/t Au and 2-4 g/t Ag at a cut-off of 0.4% copper equivalent. As well, Turmalina is also based along the same trend as Buenevenutra's Mina Conga (6 million oz gold) and Monterrico Metals plc's Rio Blanco porhyry copper project with a resource of 1,257 million tonnes at 0.57% copper and 228 ppm molybdenum. Turmalina is also in close proximity to Newmont's Yanacocha gold mine. The Yanacocha operation, with three active open pits, is the largest gold producer in South America.

"The addition of the Turmalina project brings added depth and diversity to Dana Resources' base metals portfolio and increases our land holdings in Peru," said Len DeMelt, president of Dana Resources. "We anticipate that the project could yield more than 660 million pounds of copper, which would be valued at approximately $1.48 billion according to current copper prices."

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. Peru holds about 16 per cent 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.

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.

Len DeMelt President Dana Resources www.danaresources.com Email Contact