Dhanoa Scopes Milling and Refining Plant to Obtain Optimal Production Levels
Provided by: MarketWire
TORONTO, ONTARIO, Mar 07 (MARKET WIRE) --
Dhanoa Minerals Ltd. (OTCBB: DHNA)(FRANKFURT: D7Z) is pleased to announce that it has been in negotiations to obtain a new milling and refining facility that is more centralized. Once this new facility is acquired, it should cut processing costs and increase efficiency and security. The previous methods of refinement are outdated and ancient. Dhanoa plans to acquire this plant that will modernize the techniques of refinement of the gold that is extracted from the mine. An outdated method of extraction in this area leaves much for improvement. In the past much of the gold that was extracted from the property was lost through the process of refinement. The new possible plant acquisition will allow for a remarkably high recovery rate for the unrefined gold, which allows for higher production levels and lower costs. Acquiring this plant is the first major step and milestone towards modernization and increasing production as Dhanoa has stated in the past and outlined in its business plan.
About Dhanoa Minerals Ltd.
'Dhanoa' is a production stage company formed for the purpose of acquiring, exploring, and developing natural resource properties. Activities during the production and exploration stage include further development of the Company's business plan and raising capital. The Company has recently initiated a new program to evaluate undervalued assets for potential addition to its mineral claim portfolio.
Forward Looking Statements
Statements contained in this news release that are not historical facts are forward looking statements that involve risks and uncertainties. Actual results may differ materially from any forward looking statements due to many risk factors which include, but are not limited to, no operating history and no earnings, reliance on the Company's management team, the ability to successfully implement the Company's business plan, the ability to fund the Company's business strategy, competition and general economic conditions. Reference is made to our filings made with the United States Securities and Exchange Commission.
This news release is not intended for Canadian Investors.
Contacts:
Dhanoa Minerals Ltd.
Corporate Head Quarters
(416) 838-4348 or (416) 742-6579
Website: www.dhanoaminerals.com