Current Property | San Jose de Gracia "SJG"

 

 

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


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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:

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  • 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.

  • Transitioned from Pilot Production to Exploration in 2006 to Focus on Drilling and definition of resources.

  • Reported Production of 1,000,000 OZ. AU with Bonanza Grade Gold values through 1910.

  • + 3 Million Oz. Gold Potential.

  • Approximately 1,350,000 OZ. AU (DynaResource, Inc. Company "In- House" Estimate of Resource; estimated from all drilling results through March 31, 2011). (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).

  • $ 18 Million USD Exploration Programs Completed. (2007- March 31, 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 + 1,000,000 Oz. AU;

    • 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. AU;

    • 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. AU;

    • Palo Chino; Potential Surface Mineable; Potential + 400 M. Down Dip; Parallel to La Purisima.

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

    • 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 < $400. / Oz.; at 2 g/t cut off.

  • Metallurgy Program Completed:

    • Confirmed 95% recoveries in metallurgical testing and in pilot production operation.

    • Basic Gravity / Flotation circuit.

  • $18 M. USD., 3 Phase Exploration / Drilling Programs; Funded Pursuant to the "EARN - IN Agreement" signed on September 1, 2006; with Gold Group Mining, Inc., Vancouver, BC., under which they had the option to earn up to 50% of the outstanding shares of DynaResource de Mexico, S.A. de C.V. (DynaMexico):

    • $ 3,000,000. USD.; Issued 15% of the outsanding shares of "DynaMexico".

    • $ 3,000,000. USD.; Issued 10% of the outsanding shares of "DynaMexico".

    • $ 12,000,000. USD.; Issued 25% of the outsanding shares of "DynaMexico".