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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
Post by Bearbull17on May 30, 2018 7:53am
104 Views
Post# 28097640

Good luck!!! Lets find some gold!!!

Good luck!!! Lets find some gold!!!Dynacor Begins its Exploration Campaign at Tumipampa 30 May 2018 07:00 ET GlobeNewswire Dynacor Gold Mines Inc. (TSX:DNG) (OTC:DNGDF) (Dynacor or the Corporation) is pleased to report that it has begun its 2018 exploration campaign in the disseminated gold zone at Tumipampa. Following a new agreement with the local community, Dynacor has begun the first steps in its 2018-2019 exploration campaign at Tumipampa. The exploration will focus on the Sumac brecciated quartzite zone and "Oro-baritina" zone (that has never been explored) and that are host to disseminated gold mineralization associated with brecciated quartzites. The ground geophysical survey team (Val-d'Or Sudamerica) was deployed last week and have begun working with the company's geologists on site. The Sumac brecciated quartzite zone will be covered with a grid of 30 geophysical lines spaced 100 meters apart with readings every 50 m and adding up to a 74.8 km of total coverage. The "Oro-baritina zone" grid includes 12 lines, spaced at 200 meters and adding up to 27.6 km of coverage. Induced polarization, magnetic and DGPS data will be acquired and analyzed. A 4,300 meter surface drilling program will immediately follow the geophysical survey. The most promising drilling targets will be identified by compiling and analyzing all the induced polarization results as well as the geological mapping, geochemical rock assays and MMI soil geochemistry data. The approved budget is $2.4 million over the next 24 months. A figure accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f741e335-ffc1-457f-9884-2724a136b47f
Bullboard Posts