In October 2024, DynaResource, Inc. achieved remarkable success at the San Jose de Gracia Mine in Sinaloa, Mexico, by significantly boosting gold production and operational efficiency. This surge in productivity underscores the efficacy of the company’s strategic enhancements in improving metal output and operational practices.
Production Increases
The mine produced an impressive 2,626 ounces of gold in October 2024, marking a 26% increase from the 2,092 ounces recorded in September. This substantial rise in production is attributed to continuous optimization and meticulous planning by DynaResource. The focus on maximizing gold yield has demonstrated positive results, setting new production benchmarks for the company.
Operational Efficiency
October also saw an 11% growth in milling tonnage, achieving a total of 25,596 tons with an improved grade of 4.17 grams per ton. This growth signifies an intentional strategic enhancement in operational efficiency. The efforts to streamline and optimize procedures have not only scaled up the processing capacity but have also upgraded the quality of extracted ore, thereby contributing to overall production gains.
Daily Production Rate
The average daily production rate for October was 826 tons per day, showing a 7.3% improvement over the previous month. This improvement highlights the effective utilization of upgraded infrastructure and efficient resource management. Such advancements ensure that the mine operates at peak performance, further enhancing daily output and paving the way for continued success.
Recovery Rates
Metallurgical testing conducted in October demonstrated significant advancements in recovery rates, owing to the introduction of new reagents. The average recovery rate reached 76.6%, showcasing the potential for continued improvements in the extraction process. These enhancements in metallurgical practices are pivotal to raising the overall recovery rates, subsequently boosting gold yield.
Mining Focus
Focused efforts in the underground mining operations on the 500 Level, particularly at San Pablo South, are showing promising results due to high-grade gold potential identified through structural geology interpretations. These targeted mining activities are expected to yield substantial returns, reinforcing the company’s confidence in the ongoing exploration and extraction endeavors.
Looking Forward
DynaResource has reaffirmed its yearly gold production target of 26,000-27,000 ounces, driven by the belief that continued monthly updates and strategic operational advancements will sustain this growth trajectory. The company’s commitment to cost-cutting, grade control improvements, and enhanced infrastructure utilization constitutes the backbone of its future plans.
Conclusion
In October 2024, DynaResource, Inc. made significant strides at the San Jose de Gracia Mine, situated in Sinaloa, Mexico. The company’s success was marked by a notable increase in gold production and a significant boost in operational efficiency. This substantial rise in productivity highlights the effectiveness of DynaResource’s strategic improvements designed to enhance metal output and streamline operational procedures.
DynaResource has long been focused on maximizing the potential of the San Jose de Gracia Mine, and their efforts have been paying off. The advances achieved in October 2024 underscore the impact of the carefully implemented enhancements. These include adopting advanced mining technologies, optimizing resource management, and refining overall operational practices. The improvements not only increased gold yield but also reduced the time and costs associated with extraction processes.
The company’s achievement is a testament to its commitment to innovation and excellence in mining operations. By continually refining its techniques and investing in cutting-edge technologies, DynaResource has set a new standard in the industry, promising even greater accomplishments in the future.
