Mr. Jean Martineau reports
DYNACOR GOLD MINES INC. EXPANDS TUMIPAMPA LAND HOLDINGS
Dynacor Gold Mines Inc. has acquired an additional 900 hectares immediately adjacent to the west side of the Tumipampa property in southern Peru. This acquisition expands the Tumipampa project and adjoins Southern Copper Corp.'s Los Chancas copper-gold project.
This new expansion increases the company's Tumipampa concession to 4,842 hectares (48.42 square kilometres). It strategically adjoins it to a large and developing copper-gold resource consisting of 355 million tonnes at 0.62 per cent copper held by Southern Copper. Notably in the last few months, Southern Copper similarly increased the size of its Los Chancas claim by staking land eastward to within two kilometres of Tumipampa's border. Dynacor's new landholdings now closes the gap between the two companies' assets. Currently all of the land around Tumipampa is claimed by major mining companies such as Southern Copper, BHP Billiton, Buenaventura, Golden Ideal Gold Mining (China), Super Strong Mining (China) and Bear Creek Mining.
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