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DHNA pr beacon equDALLAS--(BUSINESS WIRE)--

Dhanoa Minerals Ltd. (OTCBB: DHNA) has been rated "Outperform" with a target price of $4.30 by Beacon Equity Research Analyst, Lisa Springer, CFA.


The full report is available at
http://www.BeaconEquityResearch.com

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In the report, the analyst writes, "Dhanoa owns a 100% interest in two adjacent mineral projects in Canada - Close-Allies I and Close Allies II. In addition, Dhanoa holds an 80% interest in an Ecuador mining company, Promenasa. The Company also recently acquired four properties that are part of the Bonanza Project in the Bellarica gold mining camp in Ecuador. These are gold producing mines and Dhanoa plans to significantly increase production by upgrading extrac-tion operations."

"Dhanoa anticipates production at the end of its first year (ending June 2008) to be approximately 100,000 ounces of gold. At recent gold prices, the value of 2008 production would result in approximately $68 million."

Other companies in the beef snack market include Barrick Gold Corp (NYSE:ABX), Gold Corp (NYSE:GG) and Newmont Mining (NYSE:NEM).
ities $4.30 outperform rating.