Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announces sales of US$17.6 million (unaudited) (C$22.2 million) (1) for April 2022, a 39.7% increase over 2021 and a 5.9% month-over-month decrease from the previous month sales.
During April, the Veta Dorada plant continued working at its full 430 tpd production capacity.
The average selling price of gold per ounce in April was US$1,915/oz compared to US$1,764/oz in April 2021.
The 2022 cumulative sales at the end of April amount to US$67.7 million compared to US$53.5 million for the same period in 2021, a 26.5% increase.
For 2022, the Corporation forecasted sales in the range of US$200 – $220 million based on the US$1,810 per ounce average gold price.