MONTREAL, May 22, 2018 -- Dynacor Gold Mines Inc. is pleased to report its April 2018 gold production. Figure 1. Monthly production at the Veta Dorada plant in 2018 In April 2018, the Corporation produced 6,974 ounces of gold at its Veta Dorada plant which is the best monthly production since the beginning of this year . During the first four months of 2018 the Veta Dorada plant processed 28,313 tonnes of material [...]
MONTREAL, May 16, 2018 -- Dynacor Gold Mines Inc. a Corporation with gold and silver ore processing operations and exploration projects in Peru, has released its unaudited condensed consolidated financial statements and the management's discussion and analysis for the three-month period ended March 31, 2018. Quarterly gold production : Planned and executed These documents have been filed electronically with SEDAR at [...]
Dynacor Gold Mines is pleased to announce the nomination of Mrs. Isabel Rocha as a member of the Board of Directors. Mrs. Rocha has a long and proven track record of environmental project management both in Canada and internationally with a special focus on Latin America. She will bring to the Board this essential expertise which is very important today in the mining and natural resource sectors. The Company’s [...]
Dynacor Gold Mines is pleased to report its March 2018 gold production. Figure 1. Monthly Gold production in oz. in 2018 at the Veta Dorada Plant Figure 2. First Quarter Gold Production from 2014 to 2018 Figure 3. 2018 Quarterly Gold Production : Planned and Executed In March 2018, the Corporation produced 6,876 ounces of gold at its Veta Dorada plant resulting in its best monthly production since the beginning of this [...]
MONTREAL, April 17, 2018 -- Dynacor Gold Mines Inc. is pleased to announce that the Toronto Stock Exchange has approved the Corporation's request to establish a normal course issuer bid share buyback program, through which Dynacor may purchase, for cancellation, up to 1,982,717 or approximately 5% of its outstanding common shares as of April 10, 2018. Jean Martineau, President & CEO said, "With today’s current [...]
Dynacor Gold Mines Inc. a Corporation with gold and silver ore processing operations and exploration projects in Peru, has released its audited consolidated financial statements and the management's discussion and analysis for the year ended December 31, 2017. These documents have been filed electronically with SEDAR at www.sedar.com and will be available on the Corporation's website www.dynacor.com. . The Corporation [...]
Dynacor Gold Mines Inc. is pleased to report its February 2018 gold production. In February, the Corporation produced 6,636 ounces of gold at its Veta Dorada plant located in Chala, Peru surpassing the previous month of production by 19.4% , see Figure 1, below. This monthly production is similar to the February 2017 production of 6,733 ounces which was attributable to the abnormally high-grade ore processed. In February [...]
Dynacor Gold Mines Inc. is pleased to report it has produced 5,560 ounces of gold in January 2018 at its Veta Dorada plant in Peru. This production represents an increase of 6.8% compared to January 2017. Notably, the volume of ore processed increased substantially compared to January 2017. Total tons processed reached 6,732 DMT compared to 5,303 in 2017 a 27.0% increase. Historically production increases steadily [...]
Dynacor Gold Mines is pleased to report that it has received community approval to drill test the disseminated zone of its flagship gold project, Tumipampa. Dynacor will now apply for the exploration permit from the Ministry of Energy and Mines. The Corporation is preparing a drilling campaign of the high priority targets immediately after the rainy season. Dynacor also wishes to release significant surface results [...]
Editors Note: There are two graphics associated with this press release. Dynacor Gold Mines Inc. is pleased to announce the Corporation's gold ore processing facility in Chala has been running at its full capacity of 300 tpd since the 25th of November. Gold production in the month of December reached an all-time record high of 8,908 oz. In 2017, for its first full year of operations, Dynacor's new Veta Dorada plant [...]
Dynacor Gold Mines Inc. is pleased to announce the Corporation is now debt free. The final payments, on its long-term senior secured credit facilities, amounting to $1.9 million were done in the last week of December 2017. During the last five months of 2017, Dynacor has made aggregate payments of $6.3 million due to the robust free cash flow generated by its gold processing operations. Cash flow generated in the third [...]
Note to Editors: There is a figure associated with this press release. Dynacor Gold Mines Inc. is pleased to report that it produced 7,253 oz of gold in the month of November 2017. Although this is less than the all-time record gold production achieved in October , it is the 2nd best monthly production level in 2017, and represents an increase of 490 ounces of gold , as compared to November 2016 . As shown in Figure 1 [...]