Dynasty Metals and Mining Inc.
Dynasty Metals & Mining is a gold mining company based in Canada with all operations in southern Ecuador. Dynasty’s flagship Zaruma Gold Mine, located 175km south of Guayaquil, began gold production in 2011 and reached commercial production in October 2013. Zaruma has produced more than 70,000 ounces of gold and +150,000 ounces of silver under Dynasty ownership.
The Zaruma orebody consists of high grade quartz veins rich in gold, silver and base metals with grades ranging from 6.6g/t Au to over 16g/t Au. The mill configuration is a combination of a gravity circuit (25% gold recovery) and a Carbon-in-Pulp circuit with a plant capacity of up to 2,400 tonnes per day. The Preliminary Economic Assessment indicates a mine life of roughly 15 years.
Exploration plans include a drilling program at the highly prospective Dynasty Goldfields Project within 140 km of the Zaruma mill and the Jerusalem Project located to the south of the Fruta del Norte project to the east of the Zaruma Mine.