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Dynacor Group Inc T.DNG

Alternate Symbol(s):  DNGDF

Dynacor Group Inc. is a Canada-based industrial gold ore processor. The Company is engaged in gold production through the processing of ore purchased from the artisanal and small-scale mining (ASM) industry. The Company also owns the rights on several mining properties which are at the exploration stage, including its flagship exploration gold, copper, and silver prospect, the Tumipampa property (Tumipampa). Tumipampa is located approximately 500 kilometers (km) from Lima, Peru, in the Circa district, Province of Abancay, Department of Apurimac. Tumipampa's concessions cover an area of approximately 4,000 hectares and are located geographically on the eastern slopes of the Andes Mountain Range between 4,200 and 4,800 meters above sea level. The Company's produces environmentally responsible gold through its PX IMPACT gold program. Its Veta Dorada plant is gold mineral processing plant in Peru. The Company's Anta property is a copper/silver exploration prospect.


TSX:DNG - Post by User

Bullboard Posts
Comment by Thecook100on Nov 11, 2016 5:22pm
225 Views
Post# 25451856

RE:RE:RE:New Corporate Presentation...

RE:RE:RE:New Corporate Presentation...Yes JimLayhe, I heard the same from the company. The president of Geologica (the company hired to do 43-101) ran into some serious personal issues and that is the reason why the resource estimate will not be out until March 2017. Unfortunately it is beyond anyone's control from DNG as he (Alain from Geologica) is dependent on calculating and inputting all the necessary data to finalize and complete the 43-101 resource estimate. I am expecting to be out before the end of Q1 2017.

Also I was told that things were running smoothly at Chala and ramping up to 300 tpd by end of this year. 360 tpd should be implemented by April 2017 w fingers crossed.

There will be not any new drilling to add to the resource estimate with regards to the new properties acquired is what I am told...for unforeseeable reasons..( I am not in a position to say) but I can assure you that 2017 will be the best year of success for Dynacor.

Earnings out next week and I expect nothing less than a very profitable q again !!!
Hope all this finds the patient DNG shareholders well.


GLTA longs here as you know who you are.
cheers
Thecook
Bullboard Posts