Current Property | San Jose de Gracia "SJG"

 

 

San Jose de Gracia (Sinaloa, Mexico; “SJG”); Potentially the “Most Significant” Project Development in the Region.


100 % OWNED by DynaResource de Mexico, SA de CV; 15 Square Kilometers Mineralized Area; Historic Production of 1 M Oz. Gold, Bonanza Grades; +3 M. Gold Oz. Potential; Recent High Grade Production:

  • 4,750 Oz. Gold Produced at San Pablo Area in 5 Months Production, 2003; Average Grade of 25 G/T; 90 % Recoveries.

  • >18,250 Oz. Gold Produced through June 30, 2006; Overall Average Grade of Approx. 20 G/T; Average Production Cost of Approx. $ 175 / Oz.

  • Transitioning in 2006 to Focus on Exploration / Drilling.

  • Documented Production of 1,000,000 OZ. Bonanza Grade Gold through 1910.

  • + 3 Million Oz. Gold Potential.

  • Approximately 1,100,000 OZ. Gold (DynaResource, Inc. Company "In- House" Estimate of Resource from 1997-98 and 2007-09 Drill results; and at March 31, 2010). Note that the In-House "Estimate of Resource" is NOT a NI 43-101 Compliant Mineral Resource.

  • >Property fully acquired (approx. $ 3.5 M. US).

  • Surface Rights Agreement Completed.

  • $ 2 Million USD Exploration Program Completed. (1997-1998).

  • $ 10 Million USD Exploration Program Completed. (2007- December 31, 2009).

  • $ 8 Million USD Continued Exploration Program Projected thru March 15, 2011.

  • Confirmation of Significant Vein Deposits; With Bonanza Grades (see Maps and SJG Target Table):>

    • Tres Amigos/La Cecena; La Cecena/Los Hilos; Los Hilos/Santa Rosa; Total 1.4 Km. Strike Length; Potential + 400 M. Down Dip; Potential + 500,000 Oz.

    • San Pablo; Recent High Grade Production; San Pablo Ore Shoot confirmed over 500 Meters Length and + 400 Meters Down Dip; Average Grade of + 8 g/t.; Potential + 500,000 Oz.

    • La Union / Veta Tierra; La Union / La Parilla; La Union / La Prieta; Potential 5 veins X 1.5 Km. Strike Length; Potential + 400 M Down Dip; Potential + 250,000 Oz.

    • Palo Chino; Potential Surface Mine able; Potential + 400 M. Down Dip; Parallel La Purisima.

    • La Purisma; Past Production 470,000 ounces Gold at Average Grade of + 66 g/t.; Potential + 500,000 Oz.

    • La Prieta; Past production 250,000 ounces gold at average 0.9 oz/ton; Additional Flat Zones Potential.

    • Argillic Zone; (Bulk Mining Potential).

    • Location of Bulk Tonnage potential at Palos Chinos; (15 meters @ 3 grams/ton; 7m @ 7 grams/ton).

    * 200 TON / Day Flotation Mill in Place; Operational at April, 2003; Currently suspended to Focus on Exploration / Drilling.

  • Overall Production expected at < $200. / Oz.

  • Metallurgy Program Completed:

    • Confirmed 95% recoveries.

    • Basic Gravity / Flotation circuit.

    • Potential Heap Leach (see 1000 ton/day heap leach pro forma).

  • Projected 3 Phase Exploration / Drilling Programs; to be Provided for and Funded Pursuant to Formal "EARN - IN Agreement" signed on September 1, 2006; with Gold Group Resources, Inc., Vancouver, BC.:

    • $ 3,000,000. USD.; Completed.

    • $ 3,000,000. USD.; Completed .

    • $ 12,000,000. USD.; In Process ($ 8 Million Balance at January 2010).