During the last week of July Dynacor successfully undertook the first tests on the equipments of its tungsten mill at the Pasto Bueno mine in northern Peru, 830 km from the City of Lima. Dynacor’s technical team verified the good working order of the mill’s first section where approximately 70% of the tungsten concentrate (WO3) will be recovered. The primary crusher, cone crusher, helical classifier, jigs and various equipments linking everything together have been tested with ore. Since these tests proved to be conclusive Dynacor is currently making final adjustments.

The second section of the mill, where rejected tungsten from the first section will be recovered, includes the following equipments ball mill, hydrocyclones, vibrating tables and spirals which will be tested before the end of August.

Once the last adjustments are done Dynacor will proceed, as planned, with the definitive start-up of the mill with ore from the Huaura sector of the mine at a minimum rate of 50-t/d. After that, Dynacor expects to gradually increase production to reach, in early 2007, the current maximum capacity of 250-td. The mine is making good progress. Development is on schedule and the stopes that are going to supply the ore required for the mill during initial production of the first months are now ready.
Dynacor Mines has been active for over 10 years in Peru. For 2006, the company expects to start production at Pasto Bueno and increase gold production at the Acari mine whose operations mainly consist of custom milling since 1998.