• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Dynacor Produces 20,521 oz of Gold in Q3-2017

    Investing News Network
    Oct. 25, 2017 09:00AM PST
    Precious Metals

    Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF)(Dynacor or the Corporation) is pleased to report that its 3rd quarter gold production reached 20,521 oz . This represents an increase of 2,336 ounces of gold (12.8%), as compared to Q2-2017 (18,185 oz). Monthly gold production also increased steadily from 6,287 oz in July to reach 7,192 oz in September …

    Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF)(Dynacor or the Corporation) is pleased to report that its 3rd quarter gold production reached 20,521 oz . This represents an increase of 2,336 ounces of gold (12.8%), as compared to Q2-2017 (18,185 oz). Monthly gold production also increased steadily from 6,287 oz in July to reach 7,192 oz in September as did the daily processing rate which reached an average of 265 tonnes per day in September (see Table 1, below).
    3rd Quarter 2017JulyAugustSeptember
    Gold Production (oz)6,2877,0427,192
    Average Processing rate (tpd)*189245265

    *Including 2 days of down time per month
    Ore deliveries to the plant are steadily increasing and the end of quarter stockpile represented more than 8 days of ore processing at 265 tonnes per day. Management is particularly satisfied to see the progression of the ore processing rate as it moves towards our plant’s full capacity of 300 tpd which it expects should be attained before the end of the year. As shown in Figure 1 below the average daily ore processing rate has increased by 48% in the past 6 months from 179 tpd in April to 265 tpd in September 2017.
    Dynacor is on track to reach its 2017 yearly gold production target of 78,000 to 80,000 oz.
    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 2016, Dynacor produced 73,476 ounces of gold, a 9% increase as compared with 2015 (67,603 ounces in 2015). 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)
    Website: https://www.dynacor.com
    Twitter: https://twitter.com/DynacorGold
    Facebook: facebook.com/DynacorGoldMines
    Shares outstanding: 38,806,594
    To view the graphic associated with this press release, please visit the following link: https://media3.marketwire.com/docs/Dynacor1EN_LRG.jpg

    Jean Martineau
    President and CEO
    Dynacor Gold Mines Inc.
    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
    tsx:dngunited statescanadagold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Gold nuggets on black background.

    Top 10 Gold-mining Companies

    Gold nuggets on dark ground.

    Top 5 Junior Gold Mining Stocks on the TSXV in 2025

    Latest News

    South Oko Geochemistry Confirms Oko West Look-Alike Target

    Silver47 Announces $14 Million Brokered LIFE Financing

    Earthwise Minerals Completes Phase 1 Field Program at Iron Range Gold Project, BC

    Silver Mining Sector Emerges as Clear Winner Amid Production Expansion Wave

    Apollo Expands Project Team; Receives Drill Permit for Calico Silver Project

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Horizon Minerals

    HRZ:AU

    Alice Queen

    AQX:AU

    Pinnacle Silver and Gold

    PINN:CC

    1911 Gold

    AUMB:CC

    Kobo Resources

    KRI:CC

    Brunswick Exploration

    BRW:TCM
    Brunswick Exploration Logo
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×