Business
DynaResource Announces Initial High-Grade Gold Mineral Reserve of 250,000 ozs for the San Jose de Gracia Mine, Mexico
DynaResource Announces Initial High-Grade Gold Mineral Reserve of 250,000 ozs for the San Jose de Gracia Mine, Mexico.
About this update from Dynaresource, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n DynaResource Announces Initial High-Grade Gold Mineral Reserve of 250,000 ozs for the San Jose de Gracia Mine, Mexico\r\n \r\n \r\n\r\n\r\nDynaResource Announces Initial High-Grade Gold Mineral Reserve of 250,000 ozs for the San Jose de Gracia Mine, Mexico\r\n\r\n\r\n\r\nNewsfile Corp.\r\n\r\n\r\nNewsfile Corp\r\n\r\n\r\nIrving, Texas--(Newsfile Corp. - May 20, 2025) - DYNR-DynaResource, Inc. (OTCQX: DYNR) (\"DynaResource\", or the \"Company\") is pleased to release its S-K 1300 Technical Report Summary (the \"Report\") for the San Jose de Gracia mine in Sinaloa Mexico. The Report includes the Company's Initial Mineral Reserve Estimate, which outlines a high-grade Proven and Probable Mineral Reserve of 250,000 gold ozs for the San Jose de Gracia mine. This initial Mineral Reserve Estimate and Report was prepared by the independent firm P&E Mining Consultants Inc (\"P&E\"), with metallurgical test work completed by Sepro Systems Inc (\"Sepro\") laboratories in Vancouver, B.C, and process plant review and operations aspects by D.E.N.M. Engineering Ltd. These independent groups of Qualified Persons have reviewed and approved the contents of this news release. The Report was filed by the Company with the Security and Exchange Commission on EDGAR, on May 19, 2025.\r\nHighlights Include:\r\n\r\n \r\nProven & Probable Mineral Reserves of 1,607 k tonnes at 4.91 g/t gold, totaling 253,000 gold ounces (see Table 1).\r\n\r\n \r\nIndicated Mineral Resource of 286 k tonnes at 6.74 g/t gold and Inferred Mineral Resource of 97 k tonnes at 4.37 g/t gold. (see Table 2).\r\n\r\n \r\nLife of Mine of 7-years based on current Mineral Reserves with excellent potential to extend along strike and adjacent to the existing underground mine infrastructure and in the wider San Jose de Gracia mine property.\r\n\r\n \r\nAfter-tax NPV of the Project is estimated at $84.4 M ($110.0 M pre-tax) under baseline scenarios of 5% discount rate and $2,500/oz Au. At a $3,000/oz gold price the after-tax NPV is estimated at $133.3 M ($183.6 M pre-tax).\r\n\r\n \r\nAn Operating Cash Cost of $1,327 (US$/oz Au Eq) and an All-in Sustaining Cost of $1,720 (US$/oz Au Eq).\r\n\r\n \r\nSignificant Upside - Gold price sensitivity with conservative pricing assumption ($2,500 oz Au ~25% below current spot gold price) used in the Report.\r\n\r\n \r\nGr...