other_material
confidence high
sentiment positive
materiality 0.75
DynaResource announces initial high-grade gold mineral reserve of 250,000 oz for San Jose de Gracia mine
DYNARESOURCE, INC.
- Proven & Probable reserves: 1.607M tonnes at 4.91 g/t gold, totaling 253,500 oz; 7-year mine life.
- After-tax NPV at 5% discount: $84.4M ($110M pre-tax) using $2,500/oz gold; at $3,000/oz NPV rises to $133.3M.
- Indicated resource: 286k tonnes at 6.74 g/t; inferred: 97k tonnes at 4.37 g/t gold.
- Operating cash cost $1,327/oz; all-in sustaining cost $1,720/oz; strong leverage to current spot gold >$3,200.
- Reserves defined for only 3 of 20 mineralized structures; exploration drifting on 4 new veins underway.
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