Dhanoa Minerals Ltd.
OTC Bulletin Board : DHNA

Dhanoa Minerals Ltd.

December 13, 2006 18:00 ET

Dhanoa Minerals Ltd. Completes Due Dilligence on Minera Paraiso Gold Project in the Highly Productive Gold Belt in Southern Ecuador

TORONTO, ONTARIO--(CCNMatthews - Dec. 13, 2006) - Dhanoa Minerals Ltd. ("Dhanoa" or the "Company") (OTCBB:DHNA)(FRANKFURT:D7Z) is pleased to announce that the Company has successfully completed its due diligence on the Minera Paraiso Gold Project and has decided to go forward as planned.

'Dhanoa' as part of its due diligence has sent an independent geologist to the mine site and is very pleased with the results of the investigation.

'Dhanoa' plans to move forward with its proposed plan of modernizing the plant and substantially expanding gold production to optimal levels.

About Dhanoa Minerals Ltd.

Dhanoa Minerals Ltd .is an exploration stage company formed for the purpose of acquiring, exploring, and if warranted and feasible, developing natural resource properties. Activities during the exploration stage include further development of the Company's business plan and raising capital. In addition to its existing mining projects, Dhanoa is currently evaluating several projects in South America.

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.

Contact Information

  • Dhanoa Minerals Ltd.
    Corporate Head Quarters
    (416) 838-4348
    (416) 742-6579 (FAX)