Core Gold DMMIF

RE: Will They Boost Production to 150,000 oz

[goldpig]

The Dynasty gold deposit  extends into the Zaruma mine project zone and is high-grade as well , with 43-101 estimates of 2.2 million oz of gold and 16 million oz of silver.

There are 9 more of these porpherys on the 970 sq km property which is 100 % owned by DMM.

Dynasty can be readily moved into production at little cost, and its ore can be milled using the extra capacity of the Zaruma mill which is capable of milling 350,000 oz of gold per year.

It is now quite clear why management built the Zaruma mill with such excess capacity, as the Dynasty deposit next door  will be able to use the excess capacity and boost production to 350,000 oz per year.
With 6 million oz of gold plus some millions of silver, DMM's current market cap of $65 million values its 43-101 reserves at just $11 per oz.

Aurelian got $90/ inferred oz for its FDN deposit in Ecuador , so the upside here is at least 10 fold.