The Prospector News

Dynacor Produces 7,079 oz of Gold in August, its Best Monthly Production in 2018

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Dynacor Produces 7,079 oz of Gold in August, its Best Monthly Production in 2018

 

 

 

 

 

Dynacor Gold Mines Inc. (TSX: DNG) (OTC: DNGDF) is pleased to report its August 2018 gold production.

 

 

In August, the Corporation produced 7,079 ounces of gold at its Veta Dorada plant (see Figure 1) its highest monthly production so far this year. This represents a significant 11.25% increase as compared to production in July (6,363 oz) and a slight increase as compared to August 2017 (7,042 oz.).  

 

 

Total volume of ore processed increased by 520 tonnes (7.3%) as compared to August 2017 and by 3.5% as compared to July this year. During the month of August, the Veta Dorada plant operated at 86% (80% in 2017) of its nameplate capacity. Processed ore grade increased by 6.9% as compared to July 2018.

 

 

As shown in Figure 1, from January to August, overall the trend in gold production shows an increase however month to month variations within the overall trend occur due to a combination of greater volume and lesser grades and recovery rate of ore processed.

 

 

Historically, gold production during the 2nd half of the year has been considerably higher than during the first 6-months of the year mainly due to higher volume of ore supplied.

 

 

Figure 1, Monthly production at the Veta Dorada plant in 2018, is available at 


http://www.globenewswire.com/NewsRoom/AttachmentNg/e54052f5-5115-4f0c-85b1-cdc11265668d

 

 

ABOUT DYNACOR GOLD MINES INC.

 

 

Dynacor Gold Mines Inc. is a gold production corporation headquartered in Montreal, Canada. The corporation is engaged 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, a 9% increase as compared with 2016 (73,477 ounces).

 

Posted September 21, 2018

Share this news article

MORE or "UNCATEGORIZED"


Giga Metals Announces Positive Pre-Feasibility Study for the Turnagain Nickel-Cobalt Deposit

Giga Metals Corp. (TSX-V: GIGA) announced the results of a Pre-Fe... READ MORE

September 22, 2023

Red Pine Extends Significant Mineralization West of the Jubilee Shear – drills 5.10 g/t gold over 19.76 metres within 1.94 g/t gold over 78.9 metres

Red Pine Exploration Inc. (TSX-V: RPX) (OTCQB: RDEXF) is pleased ... READ MORE

September 21, 2023

Brixton Metals Drills 855.0m of 0.52% CuEq, including 109.87m of 0.86% CuEq all within 1562.35m of 0.34% CuEq at Camp Creek Target on its Thorn Project

Brixton Metals Corporation (TSX-V: BBB) (OTCQB: BBBXF) is pleased... READ MORE

September 21, 2023

i-80 Announces US$20 Million Gold Prepay Accordion with Orion Mine Finance

i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) is pleased to announce th... READ MORE

September 21, 2023

FE BATTERY METALS INTERSECTS UP TO 1.43% LITHIUM OXIDE IN THE BASEMENT ROCKS AT THE AUGUSTUS LITHIUM PROPERTY

FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) is... READ MORE

September 20, 2023

Copyright 2023 The Prospector News