Dynacor Group Inc T.DNG

Alternate Symbol(s): DNGDF

Metals & Mining Gold

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

Dynacor Group Inc

Bullboard Posts

Comment by ijerryhaleon Aug 24, 2018 2:20pm

72 Views

Post# 28514002

RE:Dynacor Produces 6,363 Oz of Gold in July 2018

There may be errors here, but this is what I have come up with.

Q1 = 19,072

Q2 = 20,610oz

July = 6,363

19,072 (Q1) + 20,610 (Q2) + 6,363 (July) = 46,046oz

90,000oz (low end) - 46045oz = 43,955oz

43,955oz / 5 (months of production left) = 8791oz (avg ounces per month to hit 90K)

8791oz = 12% better than best month so far this year at Chala

"During the month of July, the Veta Dorada plant operated at 83% (62% in 2017) of its nameplate capacity"

To do 8791oz average per month from now until December, does this not mean that DNG would have to be running at something over 300tpd between now and December?

Bullboard Posts

Changing Europe’s dependency on HREE from China