Dynacor Mines Inc. began operating in Peru in 1996. That year, the Company commenced the construction of the Huanca-Acari gold ore-processing plant in southern Peru. Dynacor poured its first gold in 1998 and has since, through a methodical and disciplined approach, grown its gold production to 61,274 ounces in 2012 from 3,014 ounces in 1998, an increase of 1933%. The Company is today the 2nd largest custom gold ore-processing Company in Peru and is well respected by the mining community as an honest and reliable partner.
During the past 15 years the Company has also focused on exploration of its mining concessions and since 2001 has spent more than 8 million dollars on the exploration of its flagship property, Tumipampa. In 2008, it discovered a polymetallic skarn on the latter property and in 2013 it discovered very high gold grades in the Manto Dorado vein structure. It currently is actively pursuing the exploration of this property.