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Dynacor: New Performance Review May 2013

Dynacor: New Performance Review May 2013

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Dynacor maintains one of the highest returns on equity (ROE) in the mining industry at 36%.
Dynacor maintains one of the highest returns on equity (ROE) in the mining industry at 36%.

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Categories:Types, Business/Law
Published by: Dynacor Gold Mines Inc. on May 16, 2013
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05/07/2014

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Performance Review 
(Ore-Processing Division)
 
Dynacor Gold Mines TSX:DNG5/15/2013
 
 
1
 
QUARTERLY GOLD PRODUCTION
Bringing the new mill on stream, at full capacity of 600 tonnes per day will increase our total goldproduction to approximately 130-150,000+ ounces per year from our 2012 production rate of 61,000 ounces. The strategic plan includes further increasing production through our establishedore-purchasing network program.
Figure 1 
QUARTERLY SILVER PRODUCTION
Dynacor’s state
-of-the-art method in processing gold from the ore it purchases also yields a growing amount of silver by-product which is a commercially viable resource with positive economicimpacts.
Figure 2 
 
 
2
 
QUARTERLY AVERAGE GOLD GRADE
 As of June 2012, gold grades delivered to the mill have steadily increased which directly coincides
 with last May’s mining law changes in Peru.
 The Peruvian government implemented a new policy cracking down on illegal gold ore processorsboth at the artisanal and semi-industrial levels. Dynacor is one of the very few fully permitted andlegal gold processing companies in Peru and is, as such, particularly well positioned in the market tobenefit from this new window of opportunity.
Figure 3
QUARTERLY GROSS SALES
Dynacor’s staff 
is doing a tremendous job of broadening our ore-purchasing network. Their hard work and expert knowledge of the small scale mining community is critical in effectively serving the
miners’ needs. Metal sales of $3
3.3M in Q1/13
 were the highest quarterly sales in Dynacor’s history.
 
Figure 4

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