Dynacor Returns to Profit in Q3-2020; Highest Cash Gross Operating Margin Per Ounce Since 2014 of $304 Per Ounce, a Year-Over-Year Increase of 34%; Operating at Full Capacity With Near-Term Plans to Expand

MONTREAL, Nov. 16, 2020 -- Dynacor Gold Mines Inc. (TSX: DNG / OTC: DNGDF) (Dynacoror the Corporation) has released its unaudited consolidated financial statements and the management's discussion and analysis (MD&A) for the third quarter ended September 30, 2020.
These documents have been filed electronically with SEDAR at www.sedar.com and will be available on the Corporation's website www.dynacor.com.
(All figures in this press release are in Ms of US$ unless stated otherwise. Earnings per share and cash-flow per share are in US$. All variance % are calculated from rounded figures. Some additions might be incorrect due to rounding).
After a three-month stoppage due to the Covid-19 crisis, which ended a streak of thirty-six (36) consecutive profitable quarters, the Corporation successfully resumed its ore purchase and processing activities, immediately returning to profits. During Q3-2020, the Corporation gradually increased ore purchases and generated sales of $ 24.1 million recording a net income of $ 1.2 million ($0.03 per share).
Read more: Dynacor Gold Mines ( DNG )

Benchmark drills 128.1 m of 3.02 g/t AuEq at Lawyers

Edmonton, Alberta--(November 6, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce new drill results from the Cliff Creek zone where we have defined gold-silver mineralization from surface over a 1.2 kilometre (km) strike length, up to 200 metres width that extends to a vertical depth exceeding 550 metres. The volume expansion has the potential to positively impact the new mineral resource estimate expected in Q1 2021. Benchmark's flagship Lawyers Gold-Silver Project is located in a road accessible area of the Golden Horseshoe in north-central British Columbia, Canada.
John Williamson, CEO, commented, "Infill drilling at the south end of Cliff Creek has generated significant, long intersections of gold-silver mineralization. This area is providing multiple new benefits that include more gold and silver than anticipated and at higher grades. Drilling in the southern end is providing substantial continuity and extending gold-silver mineralization to greater depths. Our current drill density of between 15-35 metres, averaging 20 metres, is significantly increasing the confidence level of our new mineral resource estimate expected in early 2021."
Read more: Benchmark Metals ( BNCH )

Enduro Metals drills 86.29 m of 3.03 g/t Au at Newmont

Kelowna, British Columbia--(November 10, 2020) - Enduro Metals Corporation (TSXV: ENDR) (OTC Pink: SIOCF) (FSE: SOG) ("Enduro Metals" or the "Company") is pleased to report further drill results from historically unsampled drill core along the McLymont Fault of the Company's Newmont Lake Project, providing additional evidence for significantly more gold within the previously drilled area. More assays are awaited from recent drilling which tested targets beyond the area of the historic drilling, including recently released NW20-09 which cut 8.85m of 31.09 g/t Au, and 1.07% Cu 300 metres away. The Newmont Lake Project is located in the heart of British Columbia's Golden Triangle. McLymont is one of four large-scale geological systems on the 638 km2 project controlled by Enduro.
R-07-09's original reported intersection was 19.69m of 7.82 g/t Au, including 2.35m of 27.32 g/t Au (see Romios Gold news release of December 18th, 2007). Enduro Metals took an additional 52 samples over a total of 83.08 metres from previously unsampled core. Of those 52 samples, 18 returned new anomalous gold values (see Figure 1).
Read more: Enduro Metals ( ENDR )

Bonterra drills 1.6 m of 15.6 g/t Au at Gladiator

Val-d'Or, Quebec--(November 5, 2020) - Bonterra Resources Inc.  (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce the following results from the ongoing drilling campaign at the Gladiator project. The results include several intersections, including 15.6 g/t Au over 1.6 metres ("m") in hole BA-20-20, 10.5 g/t Au over 1.1 m in hole BA-20-04, 12.7 g/t Au over 1.0 m in hole BA-20-12, 10.2 g/t Au over 1.8 m in hole BA-20-13, 40.5 g/t Au over 0.5 m in hole BA-20-17 and 7.8 g/t Au over 3.0 m in hole BA-20-18A.
The 2020 drilling campaign at Gladiator resumed on July 23, 2020 with two drills in operation, one on a barge on Lake Barry and the other on land near the Gladiator deposit. Since July 23, 2020, the Company has drilled 22 holes representing a total of 7,559 m of a planned 16,000 m for the Gladiator regional area. Results from 19 holes have been received since the press release on April 24, 2020. Results from the remaining drilled holes are pending (Figure 1).
The Gladiator deposit consists of three primary zones; the North, Main and Barbeau Zones. The North and the Main Zone are characterized by mineralized quartz veins hosted within steeply south-southeast dipping shear zones having developed at the contacts of gabbroic and felsic dykes with mafic to intermediate volcanic rocks.
Read more: Bonterra Resources ( BTR )

Osisko Windfall Infill Drilling Returns More of the Same

TORONTO, Nov. 05, 2020  -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new analytical results from the ongoing expansion and definition drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
Drilling is currently focused on the Lynx deposit. Osisko Chief Executive Officer John Burzynski commented: “Infill drilling at Windfall, and in particular Lynx, continues to progress well. Predictably, and with a familiar consistency, once again Lynx delivered on high-grade with our headline intercept of 395 g/t Au over 2.3 metres, and also on width with the very nice intercept of 61.5 g/t Au over 9.2 metres.”
The table below contains resource definition infill intercepts located inside the February 2020 mineral resource estimate wireframes (see Osisko news release dated February 19, 2020). Significant new analytical results are presented below and include 33 intercepts in 16 drill holes and 7 wedges.
Read more: Osisko Mining Inc ( OSK )

Videos / Webinars

View all videos