Mr. Jean Martineau reports
DYNACOR BEGINS ITS EXPLORATION CAMPAIGN AT TUMIPAMPA
Dynacor Gold Mines Inc. has begun its 2018 exploration campaign in the disseminated gold zone at Tumipampa.
Following a new agreement with the local community, Dynacor has begun the first steps in its 2018 to 2019 exploration campaign at Tumipampa. The exploration will focus on the Sumac brecciated quartzite zone and Oro-baritina zone (that has never been explored) that are host to disseminated gold mineralization associated with brecciated quartzites.
The ground geophysical survey team (Val-d'Or Sudamerica) was deployed last week and has begun working with the company's geologists on site.
The Sumac brecciated quartzite zone will be covered with a grid of 30 geophysical lines spaced 100 metres apart with readings every 50 m and adding up to 74.8 kilometres of total coverage. The Oro-baritina zone grid includes 12 lines, spaced at 200 metres, and adding up to 27.6 km of coverage. Induced polarization, magnetic and DGPS data will be acquired and analyzed.
A 4,300-metre surface drilling program will immediately follow the geophysical survey. The most promising drilling targets will be identified by compiling and analyzing all the induced polarization results as well as the geological mapping, geochemical rock assays and MMI (mobile metal ion) soil geochemistry data.
The approved budget is $2.4-million over the next 24 months.
About Dynacor Gold Mines Inc.
Dynacor Gold Mines is a gold production corporation headquartered in Montreal, Canada. In 2017, Dynacor produced 79,897 ounces of gold and its production guidance for 2018 is 90,000 to 94,000 ounces of gold.
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