March 29, 2012
K.D. Diepholz, Chairman and CEO of DynaResource, Inc., and President ofDynaMexico stated:
"The 2012 DynaMexico Luna-CAM SJG 43-101 Technical Report and the 2012 DynaMexico-CAM
SJG Mineral Resource Estimate were commissioned by DynaMexico in the best interests of
DynaMexico in order to correct a previous technical report and resource estimate for SJG which were
released without authorization by Goldgroup Mining Inc. on November 23, 2011, and filed with
SEDAR on January 3, 2012; and which technical report and resource estimate were released andfiled
by Goldgroup without approval from DynaMexico. Goldgroup is a shareholder of DynaMexico and as
such has it no authority to independently commission or release a technical report or resource
estimate for SJG.
The material differences between the premature, non-approved resource estimate for SJG released by
Goldgroup and the 2012 DynaMexico-CAM SJG Mineral Resource Estimate as reported in this news
release, and as reported in the prior news release by DynaResource, Inc. on February 15, 2012 are
shown in the table below:
|
Resources Categories
|
2012DynaMexico
|
Goldgroup
|
|
(Indicated & Inferred)
|
("CAM SJG Mineral Resource")
|
Not-approved by DynaMexico
|
|
at 2 g/t Au cut off
|
Au Ounces
|
Avg. Au g/t
|
Au Ounces
|
Avg. Au g/t
|
|
San Pablo Indicated
|
274,000
|
6.52
|
0
|
0.00
|
|
San Pablo Inferred
|
103,000
|
6.02
|
381,000
|
6.49
|
|
SJG Total Indicated
|
402,000
|
5.69
|
147,000
|
5.00
|
|
SJG Total Inferred
|
741,000
|
5.83
|
963,000
|
5.16
|
The 2012 DynaMexico Luna-CAM SJG 43-101 Technical Report and the 2012 DynaMexico-CAM
SJG Mineral Resource Estimate are the current and only Technical Report and Resource Estimate for
SJG which have been approved by DynaMexico, the 100 owner of San Jose de Gracia. I am pleased
with the thoroughness and accuracy of the 2012 DynaMexico Luna-CAM Technical Report, and I am
excited to report the results of the 2012 DynaMexico-CAM SJG Mineral Resource Estimate as it
confirms the first major milestone for defined resources at SJG, and it confirms the confidence in the
resources defined by recent drilling at Tres Amigos and San Pablo.
I look forward to DynaMexico's commissioning and completing of a Preliminary Economic
Assessment (UP EA '') for SJG, and 1 look forward with excitement to the continuing development of the
SJG project in the best interests of DynaMexico. "
February 16, 2012
K.D. Diepholz, Chairman and CEO ofDynaResource, Inc. stated:
"The Company's engagement of Gale Capital provides DynaResource the opportunity to commence a
comprehensive public awareness program for the Company. Currently, DynaResource is an unknown
entity, with a unique and significant position in the industry and I expect Mr. van der Horst and Gale
Capital to enhance the public's awareness of DynaResource. I look forward to working with Mark and
his associates as DynaResource commences its public awareness campaign," stated K.D. Diepholz,
Chairman and CEO ofDynaResource, Inc.
"Gale Capital and I are excited to receive the engagement from DynaResource for investor relations
services. We see the unique position of the Company with its 50 percent ownership of DynaResource
de Mexico ("DynaMexico") which owns 100 interest in the prolific San Jose de Gracia District, and
with the Company's ownership of 100 of the operating entity at SJG, Mineras de DynaResource. We
believe that DynaResource has established a solid platform and foundation from which to grow a
significant competitor company in the producer segment of the mining industry. Additionally, we are
aware of the significant competitive advantages held by DynaMexico; with its 100 owned SJG
Property, which we see as a potential world class producer of gold," commented Mr. van der Horst,
President of Gale Capital.
February 15, 2012
K.D. Diepholz, Chairman and CEO ofDynaResource, Inc., and President ofDynaMexico stated:
"The CAM SJG Mineral Resource Estimate was commissioned in the best interests of DynaMexico in
order to correct a previous resource estimate for SJG which was released prematurely by Goldgroup
Mining Inc. on November 23, 2011, and released without approval from DynaMexico. Goldgroup is
only a shareholder of DynaMexico and as such has no authority to independently commission or
release a resource estimate for SJG. The major differences between the premature, non-approved
resource estimate released by Goldgroup and the CAM SJG Mineral Resource Estimate as reported
here in this news release are shown in the table below:
|
Resources Categories
|
|
|
|
|
|
(Indicated & Inferred)
|
DynaMexico ("CAM SJG")
|
Goldgroup
|
|
at 2 g/t Au cut off
|
Au Ounces
|
Avg. Au g/t
|
Au Ounces
|
Avg. Au g/t
|
|
San Pablo Indicated
|
274,000
|
6.52
|
0
|
0.00
|
|
San Pablo Inferred
|
103,000
|
6.02
|
381,000
|
6,49
|
|
SJG Total Indicated
|
402,000
|
5.69
|
147,000
|
5.00
|
|
SJG Total Inferred
|
741,000
|
5.83
|
963,000
|
5.16
|
The CAM SJG Mineral Resource Estimate is the current and only resource estimate for SJG which
has been approved by DynaMexico, the 100 owner of San Jose de Gracia. I am pleased with the
results of the CAM SJG Mineral Resource Estimate as it confirms the first major milestone for defined
resources at SJG, and it confirms the confidence in the resources defined by recent drilling at Tres
Amigos and San Pablo.
I lookforward to receiving and releasing the NI43-101 technical report for SJG, Mr. Sandefur and
Mr. Luna - QP's, and subsequently I look forward to DynaMexico 's commissioning and completing of
a Preliminary Economic Assessment ("PEA ") for SJG. Further, I look forward with excitement to the
continuing development of the SJG project in the best interests of DynaMexico. "
August 3, 2011
K.D. Diepholz, Chairman and CEO of DynaResource, Inc., stated: "The exceptional bonanza grade drill
intersection at drill hole SJG # 11-271 further confirms the rich mineralization which typifies the San Jose
de Gracia District. These recent assay results show good correlation with prior drilling and enhance the
mineralized shoots at San Pablo, Tres Amigos, Purisima, and La Union. 21,000 meters of drilling has
been completed in this latest program at San Jose de Gracia, 2,500 meters more than originally planned as
the drilling has advanced more rapidly and at lower unit cost than budgeted. Further, the drill data
through Drill Hole 11-298 has now been modeled by project geologists, and accordingly, DynaResource
de Mexico has engaged a Qualified Professional to compile an updated NI 43-101 compliant resource
estimate, which is expected to be completed in the near future."
"I would like to express appreciation again to Goldgroup for its capital contributions to DynaMexico; and
I would like to thank Dr. Jose Vargas Lugo, Operations Manager, for his continuing focus and dedication
to the activities of DynaMexico. We look forward to receiving the updated 43-101, and subsequently to
DynaMexico's commissioning and completing of a Preliminary Economic Assessment ("PEA") for SJG."
January 28, 2011
K.D. DIEPHOLZ, CHAIRMAN / CEO of DynaResource stated, "The exceptional bonanza grade drill
intersection at drill hole SJG # 10-203 further confirms the rich mineralization which typifies the San Jose
de Gracia District. The results of 10-217, and the additional results from recent drill holes intercepting the
San Pablo quartz breccia vein, La Union, and La Purisima are consistent with previous drilling results
from these areas. The Company is pleased to recognize these results and we look forward to receiving
and reporting additional drilling results, including those from Tres Amigos, in the near future."
"I would like to express appreciation again to Goldgroup for its ongoing capital contributions to
DynaMexico and for its technical contributions to SJG; and I would like to thank Dr. Jose Vargas Lugo,
Operations Manager, for his focus and dedication to the activities of DynaMexico. The Company looks
forward to continuing success in identifying additional gold resources at SJG through core drilling
programs, and we look forward to planning the mining and production activities at SJG."
June 15, 2010
DynaResource, Inc. (“DYNR:OTCBB”; "DynaResource" or, the "Company"1) is pleased to announce that the San José de Gracia Project ("SJG") has been recognized as the State of Sinaloa’s “Most Significant Gold Project”. This recognition was presented to DynaResource de Mexico S.A. de C.V. ("DynaMexico"), the 100 % owner of SJG, on June 3, 2010, at the 3rd annual Junior Mining Company Seminar, by the State Government of Sinaloa through Mexico’s Ministry of Economic Development. DynaResource currently owns 75 % of DynaMexico.
K .D. Diepholz, President of DynaMexico and Chairman / CEO of DynaResource, Inc. stated; "DynaMexico and its shareholders are pleased to see the SJG Property recognized as the most significant Gold Property in the State of Sinaloa. DynaMexico was formed in March 2000, specifically to acquire and consolidate the SJG District; and Comapny management has expected SJG to be developed into a world class gold resource and producer. This recognition confirms SJG is becoming known for its gold resources. DynaMexico and DynaResource wish to thank the State of Sinaloa and the Ministry of Economic Development for their support and recognition; and we would like to thank Goldgroup Mining Inc. for its capital contributions to DynaMexico and for its technical contributions to the development of SJG. We look forward to the continued success in defining additional gold ounces at SJG, and we look forward to planning for production in the near future."
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