Dynacor Mines Inc. (dynacor)
Toronto Stock Exchange
MONTREAL, March 28 /CNW Telbec/ - Dynacor (TSX: DYN) is pleased to
announce that it has signed a diamond drilling agreement for 10,650 metres on
the Pasto Bueno property, in Peru.
The primary objective of this campaign is to verify the extension of the
known mineralized zones in order to prepare future development work of the
mine. The second objective is to explore new high potential zones to increase
the total resources of this property.
Targets for this first drilling campaign, to begin during the second
quarter, are the Consuzo, Huayllapon, Huaura zones and the Ofelia vein of the
latter. The work ought to begin before the end of April 2007.
This sector is the first one that has been in production in 1941 at the
Pasto Bueno mine. Drilling in this zone will mainly consist in exploring the
potential of the Maciste and 2006 veins which have never been explored yet.
Drilling planned in this sector will be to explore the South extension of
the Chabuca vein towards the intrusive, which should demonstrate a better
mineralization, in order to uncover additional resources and reserves.
An investment of US$2 million in development work is currently disbursed
to develop reserves and increase production (see press release date March 5,
The drilling in this sector will be to identify the presence of possible
subsidiary vein systems on the West side of the Consuelo vein. So far, all
development and production works have been made on the East side of the vein.
Currently most of the production comes from this sector of the mine.
OFELIA VEIN OF THE HUAURA SECTOR
Drilling planned here will be to verify the vein's extension in depth,
the continuity between the Ofelia and Consuelo veins, and the South extension
of the Consuelo vein.
Click on the link hereafter to display the map of the three sectors.
Ivan Quiroz, General Manager and Director, is a mining engineer and
metallurgist, and a member of the Collegio de Ingenieros del Perz. He is the
Qualified Person ("QP") and is responsible for the technical information
contained in this press release.
For further information:
For further information: Marc Blais, President, Dynacor Mines Inc.,
(450) 667-3224; Jean Martineau, Chairman of the Board, Dynacor Mines Inc.,
(450) 667-3224; Renmark Financial Communications Inc.: Danielle Velez,
email@example.com; Christina Lalli, firstname.lastname@example.org;
Media - Vanessa Napoli, email@example.com, (514) 939-3989, Fax:
(514) 939-3717, www.renmarkfinancial.com