Dynacor Produces 6,902 oz of Gold in May 2018
June 14 2018 - 7:00AM
Dynacor Gold Mines Inc. (TSX: DNG) (OTC: DNGDF)
(Dynacor or the Corporation) is pleased to report its May 2018 gold
production.
In May 2018, the Corporation produced 6,902
ounces of gold (6,205 ounces in May 2017) at its Veta Dorada plant
which is similar to the production in the previous month (see
Figure 1). During the month of May 7,985 metric tonnes of
mineralized material were processed (6.4 % above the forecast of
7,500 MT). Gold grades of the purchased and processed material were
less than anticipated resulting in a lower gold production.
During the first five months of 2018 the Veta
Dorada plant processed 36,298 metric tonnes (MT) of material
compared to 27,095 MT in the same period last year. This represents
an increase of 34% and confirms the efforts underway to increase
the processing volume each month.
The Corporation is continuing to ramp up
production on its way to its annual production guidance of
90-94,000 ounces.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/8ef7a848-6120-4524-8b38-6e07b36a24c6
ABOUT DYNACOR GOLD MINES
INC.
Dynacor Gold Mines Inc. is a gold production
corporation headquartered in Montreal, Canada. The corporation is
engaged in production through its government approved 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
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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 |
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