Dynacor Gold Mines Inc. Reports Operating Results for the Fourth Quarter and Full Year of 2016; Provides Operating Guidance for the Year 2017
For the full year, the company's total gold production was 73,476 ounces, a 9% increase as compared to 2015 (67,603 ounces in 2015).
In 2017, Dynacor is embarking on a new era as it targets its best year in the Corporation's history, with a gold production estimate of 88,000-92,000 ounces. The gold production target for 2017 is based on the current price of gold and operating conditions. Processing rate will increase in 2017 as the Corporation steps up the plant's processing capacity to 360 tpd.