DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gracia Property in northern Sinaloa, México, is reporting the delivery for sale on February 19, 2016 of an approximate 600 Oz gold contained in concentrates.
DynaMineras further reports the contract mining at San Pablo, and test mill runs of the pilot mill facility at SJG are continuing.
DynaMineras - Mine Plan and Mill Operations (Pilot Operations)
DynaMineras is conducting operations at SJG according to internally developed mine plans for the San Pablo Mine (compiled using Surpac software), and through the internally designed SJG Pilot Mill facility (consisting of a basic gravity-flotation circuit) which was previously operated by DynaUSA during the 2003-2006 period. There is no preliminary economic assessment report completed for SJG so the precise cutoff grade for underground mining has not yet been determined. The operations are being funded internally by DynaMineras and DynaUSA. The mine plan was developed from the block model of resources as defined in the DynaMéxico NI 43-101 Mineral Resource Estimate; and from the analysis of underground mining works conducted in 2003-2006.