Dynacor: Tumipampa Cross-Cut 330NW Advancement Discovers Two Gold Mineralized Structures, the Manto Nazareno and the Lisa Vein

MONTREAL, QUEBEC--(Marketwired - May 7, 2015) - Dynacor Gold Mines Inc. (DNG.TO)(DNGDF) (Dynacor or the Corporation) is pleased to announce the discovery of two gold mineralized structures intersected in the cross-cut advancement programme (see Figure 1) at Tumipampa. The assays of 17 channel samples and 48 subsamples taken directly on the structures are also given below.

Cross-cut 330NW intercepted at the 435.5 meter mark a new previously unknown gold mineralized structure the "Manto Nazareno" that has at the point of intersection a true width (TW) of 2.9 meters. Drift-930 along the Manto was excavated and channel sampled and the results are given in Tables 1 and 3 and included 4.41 g/t Au over 1.5 m (TW) including 7.09 g/t Au over 0.6 m (TW).

Further along the cross-cut at the 451.0 meter mark, a 2nd discovery was made the Lisa Vein (true width of 2.2 m at the point of intersection). Drift-910 was excavated laterally along the Lisa Vein and channel sampled and the results are given in Tables 2 and 4. High gold grade channel samples were assayed: 21.30 g/t Au over 2.10 m (TW) including 50.50 g/t Au over 0.65 m (TW) as well as in other channel samples 55.60 g/t Au over 0.90 m (TW) and 69.39 g/t Au over 0.4 m (TW).

Results

Manto Nazareno

This newly discovered structure is oriented N58°E dipping 27°NW and has a brecciated structure made up of clastes of grey limonite and quartz and a sulfidic matrix including pyrite and chalcopyrite and quartzite. Drift-930NE was excavated along the Manto Nazareno (point 4 on Figure 1) is oriented N58°E and runs 21 meters along the northeast trend of the structure. Six (6) channel sample returned an average grade of 1.41 g/t Au over 1.5 m (TW) including a grade of 4.50 g/t Au over 0.3 m (TW). On the opposite side of the Manto Nazareno structure following the southwest trend drift-930SW (point 5 on Figure 1) was excavated over 10.5 meters and 3 channels samples returned an average grade of 3.06 g/t Au over 1.28 m (TW) including a grade of 7.09 g/t Au over 0.60 m (TW) (See Tables 1 and 3).

Lisa Vein

The Lisa Vein has a width of 2.2 meters at the cross-cut intersect and is oriented N54°E dipping 75°NW. The vein has a brecciated structure made up of clastes of subangular quartzites with pyrite inclusions and is associated with a 0.10 meter wide fault. A drift was excavated along the Lisa Vein (Drift 910 point 6 and 7 on Figure 1) is orientated N54°E and runs 3 meters along the northeast trend. Four (4) channel samples returned an average grade of 0.63 g/t Au over 1.84 m (TW) including a grade of 3.54 g/t Au over 0.45 m (TW).