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DynaResource, Inc. Reports April, 2016 Gold Production and Results of Operations at San Jose de Gracia
DynaResource, Inc. Reports April, 2016 Gold Production and Results of Operations at San Jose de Gracia.
About this update from Dynaresource, Inc.
[{"type":"text","content":"\n \n \n DynaResource, Inc. Reports April, 2016 Gold Production and Results of Operations at San Jose de Gracia\n \n \nDynaResource, Inc. Reports April, 2016 Gold Production and Results of Operations at San Jose de Gracia\n \n IRVING, TX--(Marketwired - May 12, 2016) - (OTCQB: DYNR) -- DynaResource, Inc. (\"DynaUSA\", and \"the Company\") is pleased to announce that Mineras de DynaResource S.A. de C.V. (\"DynaMineras\"), the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gràcia Property in northern Sinaloa, México (\"SJG\"), is reporting the delivery for sale, on May 12, 2016, of an approximate 850 Oz gold contained in concentrates (exact weights in gold and silver oz. to be determined at final settlement).\n DynaMineras further reports additional improvements were made to the pilot mill facility during April, including equipment changes which have resulted in an increase in the rate of the mill to approximately 150 tons per 24 hours. DynaMineras further reports April, 2016 production, over a period of 10 days, of an approximate total of 550 Oz gold contained in concentrates (exact weights in gold and silver oz. to be determined at final settlement). DynaMineras further reports the below summary of the 10-day pilot mill operations during April at SJG, with assays reported according to internal lab reports:\n 1) 1,546 Tons: Feed material processed; \n 2) 12.93 g/t Au: Average grade of mill feed; \n 3) 550 Oz Gold: Gold concentrates produced (exact weights in gold and silver Oz to be determined at final settlement of sale); \n DynaMineras further reports contract mining at San Pablo mine, and test mill runs of the pilot mill facility at SJG are continuing, with an average volume output from the pilot mill facility in May of approximately 180 tonnes per 24 hours.\n DynaMineras - Mine Plan and Mill Operations (Pilot Operations)\n DynaMineras is conducting operations at SJG according to internally developed mine plans for San Pablo Mine (compiled by Company VP- Director of Exploration and Resource Development, Pedro I. Teran Cruz, 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 rep...