09:55 AM EST - Dynacor Gold Mines Inc. : announced the Board of Directors has approved the development of a new gold processing facility located on the Pan American Highway south of Nazca, Peru. The new state-of-the-art gold processing plant will be built with an initial capacity of 300 tonnes per day and has been designed to be readily upgraded to 430 tonnes per day. A budget of $4.5 million has been approved and will be funded through a combination of debt and working capital. Dynacor Gold Mines Inc.
shares T.DNG are trading even at $0.80.