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InvestmentPitch Media Video Discusses Dynacor Gold and its Completed Expansion of its Veta Dorada Ore Processing Plant in Peru Increasing Ore Throughput by 16% to 400 tpd - Video Available on In-vestmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2021) - Montreal-based Dynacor Gold Mi...
About this update from Dynacor Group Inc
[{"type":"text","content":"InvestmentPitch Media Video Discusses Dynacor Gold and its Completed Expansion of its Veta Dorada Ore Processing Plant in Peru Increasing Ore Throughput by 16% to 400 tpd - Video Available on In-vestmentpitch.comVancouver, British Columbia--(Newsfile Corp. - June 24, 2021) - Montreal-based Dynacor Gold Mines (TSX: DNG) (OTC Pink: DNGDF), has completed the expansion of its Veta Dorada ore processing plant in Peru. On June 15, construction and installation of the expansion equipment was completed. Over the following 5 days, the company tested and fine-tuned all the equipment, including the three ball mills, with the new agitation tank, ball mill, pump, piping and other related equipment all passing quality assurance tests.For more information, please view the InvestmentPitch Media \"video\" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Dynacor\" in the search box.Cannot view this video? Visit:https://www.youtube.com/watch?v=jTEzzrEZKd8On June 21, the entire mill was operating with ore at a new all-time high rate of 400 tonnes per day, a 16% increase from the 345 tonnes per day processed in May. As the mill continues to run through tests and operate effectively, Dynacor expects to achieve throughput levels of 430 tonnes per day in July, a minimum 25% increase over May's throughput. This expansion of the Veta Dorada plant, budgeted at $1.8 million, and funded through internally generated cash flow, was completed both on schedule and on budget. Jean Martineau, President and CEO, stated: \"The completion of our new expansion is another step to meeting our strategic milestone of growing the company's gold sales to record levels. As we continue to see a surge in demand for our services from the ASM gold ore industry, Dynacor is poised for continued increases in throughput levels worldwide.\"Strategically located minutes off the Pan American Highway in Peru, Dynacor is a significant processor of gold ore purchased from artisanal miners and the small-scale mining industry or \"ASM\" in Peru.Dynacor, a founding partner in the PX IMPACT® gold program, produces environmental and socially responsive gold. A growing number of supportive firms from the fine luxury jewelry, watchmakers and investment sectors pay a small premium for this go...