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Wednesday, 03/17/2010 2:32:44 PM

Wednesday, March 17, 2010 2:32:44 PM

Post# of 5324
NEWS. Update on Chota Silver Mine(NEW)...

Not sure if this is just pump but hey, I'll take it...

http://www.marketwire.com/press-release/Dana-Resources-Sees-Positive-Reception-on-Chota-Silver-Mine-FRANKFURT-OD0-1133553.htm" rel="nofollow" target="_blank" >http://www.marketwire.com/press-release/Dana-Resources-Sees-Positive-Reception-on-Chota-Silver-Mine-FRANKFURT-OD0-1133553.htm

LAS VEGAS, NV--(Marketwire - March 17, 2010) - Dana Resources (OTCBB: DANR) (FRANKFURT: OD0), a US based precious metals exploration and development company, wishes to update its shareholders regarding the activity that has been generated since announcing their acquisition of the Chota Silver Mine.

Dana Resources is very optimistic with its latest acquisition, having been approached by several of the local landowners neighbouring the Chota Mine to process ore from their respective properties and to potentially sell their projects to Dana Resources.

Dana Resources has also been approached by several financiers interested in capitalizing the company to acquire additional projects in the area and to expedite infrastructure development. "We are very excited with the progress and opportunity in the district of Agallpampa. The area is rich in base and precious metals as evidenced by Barrick Gold Corp's Lagunas Norte, 25 km east of the property with a reserve of 8.9 million ounces of gold. Our acquisition program has attracted a positive reception from the community, financiers and our shareholders," commented Mr. Benjamin Nuñez, General Manager of Dana Resources in Peru.