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Gold/Mining/Energy : DYNASTY METALS

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From: klinker3/5/2013 11:58:06 PM
1 Recommendation   of 387
 
3 kilometers of tunnels in feb 2010 yet 3 years later the declines are still underway... huh? but they haven't managed to reach the high grade ore ... efficiency plus....

PRESIDENT'S UPDATE ON ZARUMAVancouver, B.C., February 2, 2010 - Dynasty Metals & Mining Inc. (TSX: DMM, "Dynasty" or the "Company") provides the following update to shareholders regarding the development of its Zaruma Gold plant and mining operations in southern Ecuador. Zaruma Mining Operations

The Company is currently advancing three declines, employing approximately 200 underground miners and 67 units of Company owned mining equipment. To-date, approximately three kilometres of underground declines and other development drives and tunnels have been developed. The Company expects to achieve production of 400 tons per day during the second quarter of this year. Production will then be increased until the current plant capacity is utilized.
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