IRVINE, Calif., June 7, 2007 (PRIME NEWSWIRE) -- "Recent changes in Ecuador 's Mining Laws may prove quite beneficial to mining concerns in the region including, Dhanoa Minerals Ltd. (OTCBB:DHNA), a natural resource exploration company that is acquiring, exploring and developing existing and new natural resource properties thought to contain significant quantities of gold and other minerals," stated SmallCap Sentinel analyst D.R. Clark.
"A review of these recent amendments certainly seems to inspire greater optimism for Ecuadoran exploration," Clark added. "These include abolishment of the 3% mineral royalty to the government, an increase of the mining term concessions to over 30 years, permission of foreigners to hold 100% concessions without domestic partners, legal guarantees that secure the right to mine the property after a positive feasibility study has been completed, streamlining of the process of advancing from exploration to exploitation stages as well as unifying the stages under one concession. Ecuador will also be de-monetizing its own currency and adopting the U.S. dollar to assist in the restoration of economic stability."
A comprehensive research report focusing on Dhanoa Minerals, Ecuador and the gold mining industry has been published by Beacon Equity Research and is available free of charge to the general public. The report will feature detailed information regarding Dhanoa Minerals and address related companies including Kinross Gold (NYSE:KGC), Yamana Gold (NYSE:AUY), and Freeport-McMoRan Copper & Gold (NYSE:FCX).
To view the report in its entirety, please visit: http://BeaconEquityResearch.com
Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. Please review the relative disclaimers attached to their reports.
The editors of SmallCap Sentinel & StockUpTicks.com will be on site at the World Gold, PGM and Diamond Investment Conference, June 17 - 18, 2007. More info is available at GoldShow.ca
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