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Business Overview

Dynacor Gold Mines Inc. (TSX:DNG) is capitalizing on a two-fold revenue strategy.

First, it is a profitable junior gold company operating in Peru through its established gold and silver ore-processing business. Dynacor poured its first gold bar at its ore-processing plant in 1998 and has cultivated the relationships and trust of the small scale mining community over that time. Starting at 3,000 ounces/year, it has since grown to over 61,000 ounces in 2012, a 1943% increase.

Secondly, it is our objective to set course to gold production through exploration and development of the Company’s premier property Tumipampa. The Tumipampa property is the flagship project consisting of three types of gold mineralization. In December, 2012 Dynacor resumed its drilling campaign at the skarn/porphyry deposit as well as commenced crosscutting in the vein-rich area located south of the skarn. Tumipampa is currently surrounded by 6 senior mining companies .

Investment Highlights

  • Consistently increasing cash flow;
  • Ramping up gold production in 2013;
  • Drilling exploration property with significant geological potential (Cu-Au Skarn + 14 high grade gold veins );
  • New drilling campaign underway;
  • Low number of shares issued;
  • Business model protects against future dilution;

Projects/Properties Info

GOLD PROCESSING - PROJET ACARI

Dynacor Gold Mines' 220 tpd gold ore processing facility is located in southern Peru. Dynacor buys ore from mining companies from all over Peru which are approved by the Government. Dynacor processes the ore and then sells the gold and silver on the world market. The gold processing low risk business model generates the cash flow necessary for the exploration of it's mining properties and pays all the company's administrative expenses. Thus, it avoids diluting its shareholders by repeated financings that caracterize gold exploration companies.

EXPLORATION - ADVANCE PROJECT TUMIPAMPA

Tumipampa property is located in the heart of a mining region of Peru and is surrounded by senior miners whom are developing large scale skarn/ porphyry copper/gold mines . In early December 2012, Dynacor commenced an exploration campaign consisting of diamond drilling its skarn deposit and excavating a 300 meter cross-cut into Manto Dorado gold/silver vein structure. Tumipampa is a multi-element rich property hosting three types of mineralization: a cooper gold skarn more than 4km long, more than fifteen gold / silver veins with potential for near term production and a disseminated gold mineralisation.

EXPLORATION - OTHER PROJECTS

Dynacor Gold Mines has a strategic reserve of 4100 hectares of greenfields exploration projects. On project, Casaden is located in northern Peru and is a gold play located very close (17 km) to the south of the Yanacocha gold mine wich is the largest gold mine in South America. The four others are located in southern Peru and include one silver project and three gold / copper. None of these exploration properties has been explored to date.

Management Bio

JEAN MARTINEAU, PRESIDENT AND CEO
  • 20 YEARS EXPERIENCE IN THE RESOURCE INDUSTRY IN CANADA AND SOUTH AMERICA
  • FORMER DIRECTOR OF WESDOME GOLD MINES 1999 – 2007
LEONARD TEOLI, VICE PRESIDENT AND CFO
  • 20 YEARS EXPERIENCE IN ACCOUNTING AND FINANCE EXECUTIVE
  • FORMER CFO OF DIA BRAS EXPLORATION 2003-2008
  • STARTED CAREER WITH PRICE WATHERHOUSE 1987 – 1996
  • MEMBER OF THE CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS SINCE 1990
JORGE LUIS CARDENAS, GENERAL MANAGER ORE-PROCESSING
  • MINING ENGINEER
  • MORE THAN 10 YEARS EXPERIENCE IN MINING (10 YEARS WITH DYNACOR)
ALONSO SANCHEZ, CHIEF GEOLOGIST
  • 15 YEARS EXPERIENCE AS A MINE AND EXPLORATION GEOLOGIST (EXPERT OF PERUVIAN GEOLOGY)
  • FORMER GEOLOGIST OF PUBLICLY LISTED COMPANY BUENAVENTURA S.A.A FROM 1995-2006
  • EXPERT IN EPITHERMAL GOLD, SILVER, TIN, TUNGSTEN, POLYMETALLIC DEPOSITS AND SKARNS IN PERU

Share Structure:

Dynacor Gold Mines Inc
TSX: DNG
Share Structure  
Common Shares 36.1M
Outstanding Options 2.7 M
Fully Diluted Shares 38.8 M
Share Trading Activity  
3 month average daily volume(shares) 92,397
52 week low/high ($/share) 0.36-1.64
Current Share Price (Date) 1.34 (Feb 14, 2013)
Market Capitalization (I/O) 48.07M
(all amounts as of Feb 14, 2013)

Contact Info:

Head Office
625 Boul. René Lévesque W. Suite 1105
Montreal, Quebec (Canada)
H3B 1R2
Tel: +1.514.393.9000
Fax: +1.514.393.9002

Investor Relations
Dale Nejmeldeen
Tel: 778.574.2806
Email: nejmeldeen@dynacor.com