Dynacor Produces 17,125 oz of Gold in Q1-2017
MONTREAL, QUEBEC--( April 20, 2017) - Dynacor Gold Mines Inc. (TSX:DNG) (OTC:DNGDF) (Dynacor or the Corporation) is pleased to report that its 1st quarter gold production reached 17,125 oz. This represents an increase of 1,318 ounces of gold, as compared to Q1-2016 (15,807 oz), despite the extreme weather conditions in northern and central Peru which has led to the destruction of many bridges and roads and localized severe flooding.
Total gold exported during Q1-2017 was 20,301 oz.
Monthly gold production data in 2017 and 2016 for the first quarter are presented in the Table 1 below. As compared to 2016, gold production was higher in January (+15%) and reached an all-time high for a month of February (+31%) but due to the extreme weather and its impact, production was lower in March (-16%). Nevertheless, total quarterly gold production increased by 8.3% (1,318 oz).
- Published: 20 April 2017
- Written by Editor