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 the acquisition of a 100% interest in the Infiernillo Gold Project, in Peru.

The Infiernillo project covers over 9,000 acres in southern Peru and is located in the same mineralized belt as Xstrata's Las Bambas (508 million tons of 1.14% copper) and BHP Billiton's Tintaya mine (58 million tons of 1.78% copper).

The Infiernillo project has a 20 by 30 meter skarn outcropping containing significant gold values. Two magnetite ore bodies have been discovered:

               Orebody A:     100m long by 50m wide
               Orebody B:     230m long by 70m wide

Mr. Moises Rosales, Chairman of Dana, stated, "The Infiernillo project has the strong possibility to host a high grade copper deposit and a significant precious metals deposit." Mr. Rosales further stated that, "Dana Resources is reviewing several advanced stage projects in Peru as the financial terms have become more favorable due to the current global market situation."

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 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.

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.

Moises Rosales Chairman Dana Resources www.danaresources.com Email Contact