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.
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>18,250 Oz. Gold Produced through June 30, 2006; Overall Average Grade of Approx. 20 G/T; Average Production Cost of Approx. $ 175 / Oz.
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Transitioned from Pilot Production to Exploration in 2006 to Focus on Drilling and definition of resources.
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Reported Production of 1,000,000 OZ. AU with Bonanza Grade Gold values through 1910.
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+ 3 Million Oz. Gold Potential.
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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).
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>Property fully acquired (approx. $ 3.5 M. US).
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Surface Rights Agreement Completed.
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$ 2 Million USD Exploration Program Completed. (1997-1998).
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$ 18 Million USD Exploration Programs Completed. (2007- March 31, 2011).
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Confirmation of Significant Vein Deposits; With Bonanza Grades (see Maps and SJG Target Table):>
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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;
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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;
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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;
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Palo Chino; Potential Surface Mineable; Potential + 400 M. Down Dip; Parallel to La Purisima.
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La Purisma; Past Production 470,000 ounces Gold at Average Grade of + 66 g/t.; Potential + 500,000 Oz. AU;
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La Prieta; Past production 250,000 ounces gold at average 0.9 oz/ton; Additional Flat Zones Potential.
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Argillic Zone; (Bulk Mining Potential).
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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.
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Overall Production expected at < $400. / Oz.; at 2 g/t cut off.
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Metallurgy Program Completed:
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$18 M. USD., 3 Phase Exploration / Drilling Programs; Funded Pursuant to the "EARN - IN Agreement" signed on September 1, 2006; with Gold Group Mining, Inc., Vancouver, BC., under which they had the option to earn up to 50% of the outstanding shares of DynaResource de Mexico, S.A. de C.V. (DynaMexico):
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$ 3,000,000. USD.; Issued 15% of the outsanding shares of "DynaMexico".
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$ 3,000,000. USD.; Issued 10% of the outsanding shares of "DynaMexico".
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$ 12,000,000. USD.; Issued 25% of the outsanding shares of "DynaMexico".
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