Dynacor Produces 6,974 oz of Gold in April 2018
May 22 2018 - 10:55AM
Dynacor Gold Mines Inc. (TSX:DNG) (OTC:DNGDF)
(Dynacor or the Corporation) is pleased to report its April 2018
gold production.
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 (see Figure 1).
During the first four months of 2018 the Veta
Dorada plant processed 28,313 tonnes of material compared to 21,801
tonnes in the same period last year. This represents an increase of
30%. End of month ore stockpile grew by 10% as compared to March
showing that the company continues to expand its ore supply.
The Corporation is continuing to ramp up
production and is forecasting 22,162 ounces of gold in the second
quarter 2018, a 16% quarterly increase on its way to its annual
production guidance of 90-94,000 ounces.
A figure accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/55b15212-feab-4849-9233-1b1f03674d34
ABOUT DYNACOR GOLD MINES
INC.
Dynacor Gold Mines Inc. is a gold production
corporation headquartered in Montreal, Canada. The corporation is
engaged in ore processing operations. At present, Dynacor produces
and explores in Peru where its management team has decades of
experience and expertise. In 2017, Dynacor produced 79,897 ounces
of gold and its production guidance for 2018 is 90-94,000 ounces of
gold. Dynacor trades on the Toronto Stock Exchange (DNG) and the
OTC in the United States under the symbol (DNGDF).
FORWARD-LOOKING INFORMATION
Certain statements in the foregoing may
constitute forward-looking statements, which involve known and
unknown risks, uncertainties and other factors that may cause the
actual results, performance or achievements of Dynacor, or industry
results, to be materially different from any future result,
performance or achievement expressed or implied by such
forward-looking statements. These statements reflect management’s
current expectations regarding future events and operating
performance as of the date of this news release.
Dynacor Gold Mines Inc. (TSX:DNG)
(OTC:DNGDF)
Website: http://www.dynacor.com Twitter:
http://twitter.com/DynacorGold Facebook:
facebook.com/DynacorGoldMines
Shares outstanding: 39,656,344
For more information, please contact: Dynacor Gold
Mines Inc.
Jean Martineau President and CEO #1105, 625
René-Lévesque Blvd.Dynacor Gold Mines Inc. Montreal, Quebec H3B
1R2T: 514-393-9000 ext. 228 |
Dale Nejmeldeen Director, Investor Relations
Dynacor Gold Mines Inc. T: 604.492.0099 | M: 604.562.1348 E:
nejmeldeen@dynacor.com |
Dynacor (TSX:DNG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Dynacor (TSX:DNG)
Historical Stock Chart
From Apr 2023 to Apr 2024