The custom-milling plant of Dynacor Gold Mines Inc. (TSX:DNG) milled 10,576 ounces of gold during the third quarter of 2010.
Production increased by 45 % in comparison with the second quarter of 2010 (7,292 ounces) and 182 % with the third quarter of 2009 (3,755 ounces).
Dynacor has significantly surpassed the 7,000 - 9,000 ounces of gold objective that it had established for the third quarter and is on track to exceed the revised annual objective of 30,000 ounces of gold.
In the third quarter of 2010, the custom-milling operation has accomplished an annualized production rate of over 40,000 ounces of gold per year. The resulting increased liquidity will allow the company to expedite the exploration campaign at Tumipampa. Dynacor expects to issue shortly, an update on its exploration program at Tumipampa.
Dynacor's third quarter results for the three-month period ended September 30, 2010 are scheduled for release by November 15th, 2010.
Source: Dynacor Gold Mines Inc.