I think Laci333 posted this back in 2010. Any comments on the info below?


Jan 13, 2003 08:19 ET

Dynacor Mines inc.- Acari Property: An Independent Report ConfirmsInferred Resources of 1,145,340 Metric Tons Grading 16.4 G/T Au

NEWS RELEASE TRANSMITTED BY CCNMatthewsFOR:  DYNACOR MINES INC.TSX VENTURE SYMBOL:  DYNJANUARY 13, 2003 - 08:19 ESTDynacor Mines inc.- Acari Property: An IndependentReport Confirms Inferred Resources of 1,145,340 MetricTons Grading 16.4 G/T AuMONTREAL, QUEBEC--Dynacor Mines is very pleased to be able to announce inferred resources of 1,145,340 metric tons grading 16.4 g/t Au, adding up to 606,611 ounces of gold on its Acari Property in Peru. The table below presents the breakdown per vein of these resources. /T/INFERRED RESOURCES----------------------------------------------------------------------Vein        Length    Depth    Width    Grade    Tonnage     Oz. Au(m)       (m)      (m)     (g/t)     (mt)Principale    1600      800     0.35     15.4    423,360    209,638Secundaria    1200      600     0.35     17.1    238,140    130,939Carnero       1600      800     0.40     17.1    483,840    266,034Total                                    16.4  1,145,340    606,611----------------------------------------------------------------------/T/Mr Alain Beauregard, chief geologist, and Mr Daniel Gaudreault, a mining engineer, both of Geologica Groupe Conseil, have independently audited the resource calculations that were  done by the company's technical team on the Acari Property in the Summer of 2002. It should be underlined that only three of the 10 known gold-bearing veins have been included in the above resource calculation and that these three veins were sampled and studied on only a part of their total length. The resource calculations are based on extensive sampling (trench and channel samples) both on the surface and within the galleries. Samples were taken every 10 and/or 20 metres on the surface and every 5 metres in the galleries. Each sample weighing between 2 and 3 kg was ground down to approximately 100 mesh and then analysed by fire assay in the company's laboratories. The depth of the veins was estimated by surface observations between the base and top of the mountain. Generally, in the Nazca-Ocona mining camp, the depth of a given vein has been found to equal half of its total length. Gold mineralisation is generally associated to pyrite in quartz veins or is closely associated to these veins. Gold mineralisation may also occur in the absence of quartz veins and is, in this case, associated to pyrite found in silicified shear zones and quartz vein-host rock (granodiorite). Dynacor requested that Geologica Groupe Conseil write an independent report on the estimated inferred resources for the three above mentioned veins. No drilling has been carried out on these veins and no indicated or measured resources have been calculated. The calculation of the inferred resources conforms to National Instrument 43-103 and corresponds CIM's definition dated August 20, 2000. 

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