CARSON CITY, Nev., Aug. 25, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Denarii Resources Inc. (OTCBB:DNRR) (Berlin:8D3) (Frankfurt:8D3) is pleased to announce that, in addition to its previously announced potential acquisition in North East California, the Company has engaged the services of a professional geological firm to assess and provide recommendations for a proposed work program on the Company's McNab Molybdenum Property. The Company's property consists of 16 cell claim units totaling 334.809 hectares and is located near the headwaters of McNab Creek in Southwestern British Columbia.
The price of molybdenum has almost doubled over the past six months, and the Company has accordingly determined that it is in the best interests of its shareholders to thoroughly assess the merits of this property in light of the dramatic rise of the price of molybdenum.
The Company anticipates that this assessment will provide Management solid recommendations as to the future exploration and development of the McNab Molybdenum Property.
For further detailed information on Molybdenum please refer to the company's website, http://www.dnrrinfo.com.
About Denarii Resources Inc.
Denarii Resources Inc. engages in the exploration of mineral properties in North America. It currently owns interest in the McNab Molybdenum property, which consists of 2 mineral claims containing 16 cell claim units totaling an area of 334.809 hectares in British Columbia. The Company is actively seeking additional properties to acquire. The company was founded in 2006 and is based in Carson City, Nevada. The Company maintains a website at http://www.dnrrinfo.com.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Denarii Resources Inc. please refer to its web site at http://www.dnrrinfo.com.