MONTREAL, July 19, 2018 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX:DNG) (OTC:DNGDF) (Dynacor or the
Corporation) is pleased to announce that its Veta Dorada processing plant located in Chala (Southern Peru) is now fully connected
to the Peruvian national power grid as of the 11th of July 2018.
The regional power distribution grid for Southern Peru has been rebuilt and upgraded and after some unexpected
delays is now operational. Recently, a final check was carried out on the plant’s hook-up infrastructure by power distribution
engineers from SEAL Arequipa (a company that is part of the regional power distribution grid). The entire system was compliant and
was approved.
Now that the plant has been fully connected to the national grid it will no longer need to use diesel generated
power (approximately 900 KW). This represents a pre-tax annual cost saving of approximately US$ 400,000 and considerably reduces
the carbon footprint of our activities.
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 1R2
T: 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 |