Dynacor: commercial production begins at the Pasto Bueno mine
Montr�al, Qu�bec, May 15, 2007 - Dynacor (TSX: DYN) is pleased to announce that commercial production has begun on April 1st, 2007 at its Pasto Bueno tungsten mine.
As planned and disclosed by way of press release during the first quarter 2007, improvements made at the Pasto Bueno processing plant enabled to increase the mill's productivity to over 150 tonnes/day. The Company is confident to reach, during the upcoming weeks, the maximum production capacity of 250 tonnes/day.
Dynacor is convinced that with the current tungsten price, the mine will be cost-effective for years to come based on the established reserves, as per national instrument 43-101 and published in 2006, production is ensured for a three-year period minimum.
Moreover, with the major 10,650 metres drilling program which begun recently, as well as underground work undertook in the Huaura and Huayllapon sectors, the Company is confident in renewing and increasing its reserves while guaranteeing long-term production.
COMPANY PROFILE
Facilitated by an excellent network of business relationships and local expertise developed over the past eleven years, Dynacor favours targeted acquisitions, such as the Pasto Bueno tungsten mine.
For more information, please contact:
MARC BLAIS 
PRESIDENT 
DYNACOR MINES INC.
450 667-3224 
JEAN MARTINEAU / CHRISTINA LALLI
CHAIRMAN OF THE BOARD / INVESTOR RELATIONS
DYNACOR MINES INC.
450 667-3224
RENMARK FINANCIAL COMMUNICATIONS INC.
BARBARA KOMOROWSKI: BKOMOROWSKI@RENMARKFINANCIAL.COM
EDITH ENGLISH: EENGLISH@RENMARKFINANCIAL.COM
MEDIA - VANESSA NAPOLI: VNAPOLI@RENMARKFINANCIAL.COM
TEL.: 514 939-3989
FAX: 514 939-3717
WWW.RENMARKFINANCIAL.COM
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CODE : MLG.TO |
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Malaga est une société de production minière d'or et de tungsten basée au Canada. Malaga détient divers projets d'exploration au Perou. Son principal projet en production est PASTO BUENO au Perou. Malaga est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 237 211 (227 675 US$, 174 217 €). La valeur de son action a atteint son plus haut niveau récent le 20 juin 2008 à 0,49 , et son plus bas niveau récent le 15 juillet 2013 à 0,01 . Malaga possède 47 442 200 actions en circulation. |