Dynacor

Gold Production and Ore Purchases Reach All-time Record Levels in October

MONTREAL, QUEBEC--(Marketwired - Nov. 22, 2017) -

Editors Note: There are two graphics associated with this press release.

Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) is pleased to announce that gold production in October reached an all-time monthly record of 7,905 oz. Furthermore, ore purchases in October also increased significantly to reach 8,546 metric tonnes, also an all-time record.

As shown in Figure 1 below gold production steadily increased during the period from April to October and overall increased by 55%. During the same 7-month period, ore purchases increased by 68% (see Figure 2).

ABOUT DYNACOR GOLD MINES INC.

Dynacor Gold Mines Inc. is a gold production corporation headquartered in Montreal, Canada. The corporation is engaged in production through its government approved ore processing operations. At present, Dynacor produces and explores in Peru where its management team has decades of experience and expertise. In 2016, Dynacor produced 73,476 ounces of gold, a 9% increase as compared with 2015 (67,603 ounces in 2015). Dynacor trades on the Toronto Stock Exchange (DNG) and the OTC in the United States under the symbol (DNGDF).

FORWARD-LOOKING INFORMATION

Certain statements in the foregoing may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release.

Dynacor Gold Mines Inc. (TSX:DNG)

Website: http://www.dynacor.com

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Figure 1: http://www.marketwire.com/library/20171121-Figure1e_Dynacor_800.jpg

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Jean Martineau
President and CEO
Dynacor Gold Mines Inc.
T: 514-393-9000 ext. 228

Dale Nejmeldeen
Director, Investor Relations
Dynacor Gold Mines Inc.
T: 604.492.0099 | M: 604.562.1348
E: [e-mail]