DynaResource Reports November Production and Management Initiatives at the San Jose de Gracia Mine
DynaResource (OTCQX: DYNR) reported November 2024 production of 2,182 ounces of gold at its San Jose de Gracia Mine in Sinaloa, Mexico. The operation achieved an average mill throughput of 770 tons per day, processing 23,108 tons at an average grade of 4.02 g/t gold with a 73.0% recovery rate.
Production was impacted by power outages on the main regional grid, though the plant maintained higher throughput levels following the August 2024 installation of a new vibrating screen. The company has procured additional diesel generation to mitigate power interruption impacts. Metallurgical testing indicates potential recoveries of 78.5-79.1% from the plant flotation circuit.
The company revised its full-year production guidance to approximately 25,500-26,000 ounces of gold. Year-to-date production stands at 23,710 ounces from processing 238,710 tons at an average grade of 4.06 g/t gold with 76.0% recovery.
DynaResource (OTCQX: DYNR) ha riportato una produzione di 2.182 once d'oro nel suo minestra San Jose de Gracia a Sinaloa, Messico, per novembre 2024. L'operazione ha raggiunto un throughput medio del mulino di 770 tonnellate al giorno, elaborando 23.108 tonnellate con un grado medio di 4,02 g/t d'oro e un tasso di recupero del 73,0%.
La produzione è stata influenzata dalle interruzioni di energia sulla rete principale regionale, sebbene l'impianto abbia mantenuto livelli di throughput più elevati dopo l'installazione di un nuovo schermo vibrante nell'agosto 2024. L'azienda ha acquisito ulteriore generazione di diesel per mitigare gli impatti delle interruzioni di corrente. I test metallurgici indicano potenziali recuperi del 78,5-79,1% dal circuito di flottazione dell'impianto.
L'azienda ha rivisto le sue previsioni di produzione per l'intero anno a circa 25.500-26.000 once d'oro. La produzione dall'inizio dell'anno si attesta a 23.710 once dall'elaborazione di 238.710 tonnellate con un grado medio di 4,06 g/t d'oro e un recupero del 76,0%.
DynaResource (OTCQX: DYNR) informó sobre una producción de 2,182 onzas de oro en su mina San José de Gracia en Sinaloa, México, para noviembre de 2024. La operación logró un rendimiento promedio de molino de 770 toneladas por día, procesando 23,108 toneladas con una ley promedio de 4.02 g/t de oro y una tasa de recuperación del 73.0%.
La producción se vio afectada por cortes de energía en la red regional principal, aunque la planta mantuvo niveles más altos de rendimiento después de la instalación de una nueva pantalla vibrante en agosto de 2024. La compañía ha adquirido generación adicional de diésel para mitigar los impactos de las interrupciones de energía. Las pruebas metalúrgicas indican recuperaciones potenciales del 78.5-79.1% del circuito de flotación de la planta.
La compañía ha revisado su guía de producción para todo el año a aproximadamente 25,500-26,000 onzas de oro. La producción hasta la fecha es de 23,710 onzas a partir del procesamiento de 238,710 toneladas con una ley promedio de 4.06 g/t de oro y una recuperación del 76.0%.
DynaResource (OTCQX: DYNR)는 2024년 11월 시날로아, 멕시코에 있는 산 호세 데 그라시아 광산에서 2,182온스의 금을 생산했다고 보고했습니다. 이 작업은 하루 평균 770톤의 밀 가동량을 달성하며 23,108톤을 평균 4.02 g/t의 금 함유량과 73.0%의 회수율로 처리했습니다.
생산은 주요 지역망의 전력 중단으로 영향을 받았으나, 공장은 2024년 8월 새로운 진동 스크린을 설치한 후 더 높은 처리량 수준을 유지했습니다. 회사는 전력 중단의 영향을 완화하기 위해 추가 디젤 발전기를采购하였습니다. 금속 시험 결과에 따르면 공장 부유 선택 공정에서 78.5-79.1%의 회수 가능성이 나타났습니다.
회사는 연간 생산 지침을 약 25,500-26,000온스의 금으로 수정했습니다. 현재까지의 연간 생산량은 23,710온스로, 238,710톤을 처리하여 평균 4.06 g/t의 금 함유량과 76.0%의 회수율을 기록했습니다.
DynaResource (OTCQX: DYNR) a annoncé une production de 2.182 onces d'or de sa mine de San Jose de Gracia à Sinaloa, au Mexique, pour novembre 2024. L'opération a atteint un débit moyen de moulin de 770 tonnes par jour, traitant 23.108 tonnes avec une teneur moyenne de 4,02 g/t d'or et un taux de récupération de 73,0%.
La production a été impactée par des coupures de courant sur le réseau électrique régional principal, bien que l'usine ait maintenu des niveaux de traitement plus élevés après l'installation d'un nouvel écran vibrant en août 2024. L'entreprise a acquis une génération diesel supplémentaire pour atténuer les impacts des interruptions d'alimentation. Les tests métallurgiques indiquent des récupérations potentielles de 78,5-79,1% du circuit de flottation de l'usine.
L'entreprise a révisé ses prévisions de production annuelle à environ 25.500-26.000 onces d'or. La production depuis le début de l'année s'élève à 23.710 onces provenant du traitement de 238.710 tonnes, avec un grade moyen de 4,06 g/t d'or et un taux de récupération de 76,0%.
DynaResource (OTCQX: DYNR) berichtete über eine Goldproduktion von 2.182 Unzen in seiner Mine San Jose de Gracia in Sinaloa, Mexiko, für November 2024. Der Betrieb erreichte einen durchschnittlichen Mahlwerk-Durchsatz von 770 Tonnen pro Tag und verarbeitete 23.108 Tonnen mit einem durchschnittlichen Gehalt von 4,02 g/t Gold und einer Rückgewinnungsrate von 73,0%.
Die Produktion wurde durch Stromausfälle im Hauptregionen-Netz beeinträchtigt, obwohl das Werk nach der Installation eines neuen Vibrierendes Siebs im August 2024 höhere Durchsatzwerte aufrechterhalten konnte. Das Unternehmen hat zusätzliche Dieselgeneratoren beschafft, um die Auswirkungen von Stromunterbrechungen zu mindern. Metallurgische Tests zeigen potenzielle Rückgewinnungsraten von 78,5-79,1% aus dem Flotationskreislauf der Anlage.
Das Unternehmen hat seine Jahresprognose für die Produktion auf etwa 25.500-26.000 Unzen Gold überarbeitet. Die Produktion seit Jahresbeginn beläuft sich auf 23.710 Unzen von der Verarbeitung von 238.710 Tonnen bei einem durchschnittlichen Gehalt von 4,06 g/t Gold und einer Rückgewinnungsrate von 76,0%.
- Mill throughput reached maximum rates of 870-880 tpd
- Metallurgical testing shows potential recovery improvement to 78.5-79.1%
- YTD production of 23,710 ounces of gold
- High-grade gold potential identified in 500 Level ore drive
- Power outages negatively affected production and metal recovery
- November recovery rate declined to 73.0% from YTD average of 76.0%
All figures in United States Dollars ("USD").
Irving, Texas--(Newsfile Corp. - December 20, 2024) - DYNR-DynaResource, Inc. (OTCQX: DYNR) ("DynaResource", or "the Company") is pleased to announce the November 2024 operating results at its San Jose de Gracia Mine in Sinaloa, Mexico, highlighted by 2,182 ounces of gold production and an average of 770 tons per day.
November 2024 production highlights include:
2,182 ounces of gold production
Average grade of 4.02 g/t gold
23,108 tons milled
Average tons per day of 770
"November results continue to reflect the operational changes the Company has been implementing at San Jose de Gracia, in particular strong underground mine development which increases the flexibility of our daily mine operations," stated Rohan Hazelton, President & CEO DynaResource. "While power outages impacted production, we had the mill operating at the elevated rates we saw in the previous month and our grades continue to stabilize. The Company expects to see greater improvements in the coming months as we remain focused on optimization and prudent cost management. The Company now estimates full year production to be approximately 25,500 to 26,000 ounces of gold."
Summary of key operational performance for the month and YTD is provided in the tables below:
Operating Metrics | Month | YTD | |
Actual | Actual | ||
Days Operating | 30 | 335 | |
Tons Milled | 23,108 | 238,710 | |
Grade Calculated | 4.02 | 4.06 | |
Recovery % | |||
Gold produced (Oz) | 2,182 | 23,710 |
Overview of November Operations
Plant and Mill
The plant has been operating at higher throughput levels since the installation of the new vibrating screen was completed in August 2024. November operations were impacted by power outages on the main regional grid electrical supply system which negatively affected the tonnes processed and the metal recovery. November average mill throughput was 770 tons per day ("tpd") with maximum rates achieved of 870-880 tpd. The company has procured additional diesel generation on site to mitigate the impact of the grid power interruption. Metallurgical testing continued during the month with new reagents trialed. These trials are strongly indicating the ability to deliver recoveries of 78.5
Mining
During November the team continued to focus on better understanding the potential of key areas in the underground mine, particularly in San Pablo South, through structural geology interpretations. Current production efforts on the 500 Level are yielding promising results, with an active ore drive showing high-grade gold potential. This work highlights the significant opportunity to further define and exploit high-grade zones in this area.
Mapping and sampling continued in the 3 operating mines including the San Pablo 500 South Level (high grade zone) as part of exploration drifting and Tres Amigos 590 South Level as part of the exploration program. These investigations included the Ceseñas historical mine and Mochomera 533 N-S Level. Looking ahead, the plan includes deeper and lateral drilling between the San Pablo and Tres Amigos veins to potentially extend the high-grade underground resource at San José de Gracia. Exploration efforts will also target the development of San Pablo South towards Mochomera, which has potential to connect with the historical, high-grade Palos Chinos and Purisima mines. These initiatives aim to build on both modern geological insights and historical mining data to maximize the resource potential of the property.
Year to Date Operating Results
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About DynaResource
DynaResource is a junior gold mining producer trading on the OTCQX under the symbol "DYNR". DynaResource is actively mining and expanding the historic San Jose de Gracia gold mining district in Sinaloa, Mexico.
On behalf of the Board of Directors of DynaResource, Inc.
Rohan Hazelton
President & CEO
For Information on DynaResource, Inc. please visit www.dynaresource.com, or contact:
Investor Relations:
Katherine Pryde, Investor Relations Manager
+1 972-869-9400
info@dynaresource.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements within the meaning of Section 27 A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Certain information contained in this news release, including any information relating to future financial or operating performance may be deemed "forward-looking". All statements in this news release, other than statements of historical fact, that address events or developments that DynaResource expects to occur, are "forward-looking information". These statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities of DynaResource. These forward-looking statements reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to DynaResource. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. Certain assumptions have been made regarding the Company's plans at the San Jose de Gràcia property. Many of these assumptions are based on factors and events that are not within the control of DynaResource and there is no assurance they will prove to be correct. Such factors include, without limitation: capital requirements, fluctuations in the international currency markets and in the rates of exchange of the currencies of the United States and México; price volatility in the spot and forward markets for commodities; discrepancies between actual and estimated production, between actual and estimated reserves and resources and between actual and estimated metallurgical recoveries; changes in national and local governments in any country which DynaResource currently or may in the future carry on business; taxation; controls; regulations and political or economic developments in the countries in which DynaResource does or may carry on business; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses and permits, diminishing quantities or grades of reserves; competition; loss of key employees; additional funding requirements; actual results of current exploration or reclamation activities; changes in project parameters as plans continue to be refined; accidents; labor disputes; defective title to mineral claims or property or contests over claims to mineral properties. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance or inability to obtain insurance, to cover these risks) as well as those risks referenced in the Annual Report for DynaResource available at www.sec.gov. Forward-looking information is not a guarantee of future performance and actual results, and future events could differ materially from those discussed in the forward-looking information. All of the forward-looking information contained in this news release is qualified by these cautionary statements. Although DynaResource believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. DynaResource expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234654
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