Board of Directors

K.D. DIEPHOLZ, Chairman, Chief Executive Officer

Mr. Diepholz graduated from Lake Land College with a degree in general communications and business. He later attended Southern Illinois University. In 1984, Mr. Diepholz founded KWD Properties Corporation, a privately held oil and gas exploration company involved in all phases of exploration, development and production; including the negotiation, acquisition and operation of oil & gas properties. During the transition from oil & gas to precious metals, Mr. Diepholz worked extensively in investment and financial planning with American Investment Retirement Corporation and Ideal Securities. In 1992, Mr. Diepholz co-founded Dynacap Group Ltd, a private investment company involved in financing, consulting, mergers and acquisitions. Since 1992, Dynacap Group Ltd. has provided services to technology and resource companies. In 1994, Mr. Diepholz and associated parties acquired DynaResource (formerly “West Coast Mines, Inc.”) and installed a new board of directors. The company’s only asset at that time was 560 acres of wholly owned mining property and real estate in Humboldt County, Winnemucca, Nevada. Mr. Diepholz has been instrumental in the negotiations of: the acquisition of 24.9 % Net Profits Interest in the San José de Gracia in 1995; the acquisition of an additional 25 % interest in San José de Gracia in 1998; the acquisition and consolidation of 100 % of the rights to the San José de Gracia from prior owners, culminating at March, 2000; and, the acquisition and consolidation of several outstanding Concessions at the San José de Gracia from previous Mexican owners during 2000. Mr. Diepholz and Dynacap Group Ltd. have arranged for and provided the funding to the Company since 1994.

EDUARDO LUNA – Special Advisor to the President of Mineras de DynaResource

Mr. Luna is a respected and successful senior executive with over 40 years of experience in the mining industry.  Mr. Luna’s experience includes serving as a Member of the Board of Directors for major mining companies which have achieved success at the highest level of the mining industry.  Mr. Luna currently serves as a member of the Board of Directors of Silver Wheaton.  Mr. Luna has also serves as a Member of the Board of Directors of Goldcorp Inc., Alamos Gold Inc., and Primero Mining Corp.  In addition to his roles on company boards, Mr. Luna served in a variety of operational capacities.  From 1991 to 2005, Mr. Luna served as President of Luismin SA de CV in Mexico, which operated the Tayoltita Project for Goldcorp in Mexico.  Mr. Luna also served as an Executive Vice President of Goldcorp. More recently, Mr. Luna served as President of Mexican Operations for Primero Mining from 2010-2015, the time frame during which Primero Mining operated the Tayoltita Project.  During his distinguished career, Mr. Luna has received several mining industry recognitions and appointments , which include:

  • National Mining Award, Mexico, 1997
  • President of the Mexican Chamber of Mines
  • President of the Consulting Boards for the School of Mines, Universidad de Guanajuato
  • Member of the Advisor Boards of the School of Mines of National University of Mexico and University of Zacatecas
  • President of The Silver Institute, 2002-2003

Mr. Luna received a Bachelor’s degree in Mining Engineering from Universidad de Guanajuato, 1971; a MBA from Tecnologico de Monterrey, 1979; and an Advanced Management degree from Harvard Business School.

In 1997, Mr. Luna was appointed Trustee of Fundacion Pro Ninos de la Calle, a charity that works with children living on the streets of Mexico City.

Mr. Luna was appointed to the Board of Directors of DynaResource, Inc. effective March 1, 2017.

 

PEDRO IGNACIO TERAN CRUZ, Executive Vice President – Director of Exploration and Resource Development

Mr. Teran is a graduate Geologist from the Universidad de Sonora Mexico. He has over 28 years experience in mineral exploration, mine development and is a successful and respected Geological Consultant in Mexico, and is credited with defining significant resources at several projects. From 1986 to 1992, he was Project Geologist fro Minera Real de Angeles, SA de CV (Frisco/Placer Dome Inc., now Alamos Gold) in which under his participation, explored and discovered the “Mulatos Gold Deposit” Sonora, Mexico, both now in production. From 1992 to 1996, Mr. Teran worked as a Mine Geologist with Hecla Mining Co. explored and advanced into production the open pit “La Choya Gold Mine”. From 1996 to 1999, Mr. Teran worked as Geology Superintendent for Compania Minera Lluvia de Oro (Santa Cruz Gold, now NWM Mining Corp.) at the open pit “Lluvia de Oro Gold Mine”, Sonora, Mexico. From 1999 to 2001 Mr. Teran worked as a Consultant Geology due diligences for Tara Gold Resources in several project located in La Sierra Madre Occidental. From 2001 to 2005, Mr. Teran worked as Manager of Geology Department for the Compania Minera Pangea SA de CV (Queenstake Resources, Nevada Pacific and now McEwen Mining), in the “El Magistral Gold Mine” Sinaloa, Mexico. Under his direction of exploration, increased the reserves substantially and formed part of the team to put the project in production. During 2005 and part of 2006, Mr Teran worked as Data Manager for linear God Corp. in the “Ixhuatan Project” Chiapas, Mexico where he built the computer block model and resources estimation at the time. From 2006 to 2008, he workded as Project Manager for Pediment Exploration Ltd. now Argonaut Gold Inc. in the “San Antonio Gold Project” located in BCS, Mexico.

Since 2008, Mr. Teran began working as a Consultant Geologist DynaResource, Inc. in the “SanJose de Gracia Gold Project” located in Sinaloa, Mexico an advanced exploration project, which Mr. Teran expects to be in production soon.

In April 2013, Mr. Teran was appointed the Federal Director of the Servicio Geologico Mexicano (“SGM”); where he managed the geological work of SGM, in the Federal Republic of Mexico. In Spring 2015 Mr. Teran resigned his position with SGM, in order to rejoin DynaResource, Inc.

On March 9, 2015 Mr. Teran was appointed Executive Vice President – Director of Exploration and Resource Development for DynaResource, Inc. And, Mr. Teran has been elected to the Board of Directors of the Company for the year 2015.

DR. JOSE VARGAS LUGO

Dr. Vargas is a licensed physician who graduated from the Universidad Nacional Autonoma de Mexico (UNAM); and is a graduated law student from the Universidad Autonoma de Sinaloa (UAS). Dr. Vargas commenced his relation with the mining business with Minera Industrial Peñoles as a Medical Assistant to the Mining Services Division of Peñoles in Fresnillo, Zacatecas. Since 1993, Dr. Vargas has been a supplier of industrial goods and services in and around the municipalities of Sinaloa de Leyva and Mocorito Sinaloa.

Dr. Vargas has worked with companies such as Compañía Minera El Rosarito, which was conducting operations at San Jose de Gracia during the period 1993 – 1995. Dr. Vargas later provided services and supplies to Mineras Finesterre at San Jose de Gracia, and to Minera Pangea, which was owned by Queenstake Resources, then Nevada Pacific, and now McEwen Mining. Dr. Vargas began working with DynaResource de Mexico in spring, 2000 as it commenced activities to acquire and consolidate the San Jose de Gracia District. Over the past plus 10 Years, Dr. Vargas has proven to be an integral part of the Company’s activities at San Jose de Gracia and in Sinaloa State, involved in all facets of the Company’s business. Dr. Vargas has proven instrumental in the areas of public relations, community relations, governmental affairs, environmental matters, and overall management of the Company’s business activities in Mexico.

JOHN C. WASSERMAN

Mr. Wasserman is a Partner with Wasserman, Bryan, Landry & Honold, LLP Law firm, Perrysburg Ohio. He is a stockholder of the Company and brings the following credentials to the Board of Directors:

University of Detroit (PHB); Ohio State University, Law School (JD) – Graduate work in business administration; University of Toledo – Undergraduate and Graduate work in business administration; Admitted to practice before Ohio Supreme Court, U.S. Supreme Court, U.S. District Court for Northern District of Ohio, Sixth Circuit U.S. Court of Appeals; Member, Ohio State, Lucas County, Ohio (past President) and Toledo, Ohio Bar Associations; Board Member, Corporate and Board Secretary, Blue Water Satellite, Inc.; Board Member, TechTol of Toledo, Inc.; Member and current chair of the City of Waterville, Ohio Planning Commission; Member of the ten year Plan Committee of Waterville, Ohio; Member, Past Board Member, Secretary Treasurer and President of Toledo, Ohio Rotary; Past Assistant District Governor, Area 4 of District 6600 of Rotary International; Member of Timberlake Investments, LLC, an investment LLC; Board Member, Victory Center of Toledo, Ohio; Member, Succession Committee, DynaResource, Inc.; Member/Managing Partner/Member, numerous LLCs/Partnerships for real estate developments and investments.

Mr. Wasserman has been employed with the Ohio Attorney General office, as Special Counsel; and with Ohio Bureau of Unemployment, as Hearing Officer; and as a Former Acting Judge, Maumee, Ohio, Municipal Court; Past Toledo, Ohio Exchange Club Member (President). Mr. Wasserman was selected one of Jaycees Top Ten Young men of Toledo, Ohio; was Co Author – Management Considerations of a Business Entity in the Environment of Chapter XI Reorganization Proceedings Under the New Federal Bankruptcy Code Effective October 1, 1979 published in Midwest Business Administration Association; was an Expert witness in real estate mandamus case: Lucas County Common Pleas Court, State ex rel Ad Hoc Committee of Waterville Citizens for Initiative and Referendum Petitions, Etc., Realtor vs. City of Waterville and Dale Knepper, Clerk of Council, City of Waterville, Respondents, Case No. CI-2013-1137.

DALE G. PETRINI

Mr. Petrini brings over 40 years of extensive international project and manufacturing experience to the Board of DynaResource, Inc. During his 40+ years with The Dow Chemical Company, Houston, Texas, Mr. Petrini was the engineering sponsor, advisor and led the project development for several international mega projects totally over $50 billion USD. In his latest role for Dow, he was responsible for the project development of mega project growth opportunities in Latin America.

Previously, Mr. Petrini was responsible for Global Construction Management and Global Capital Procurement for Dow with offices and personnel located throughout the world. In addition, he was the Plant Manager for several production units and led the respective business management teams.

Mr. Petrini earned his civil engineering degree from The University of Michigan and is a registered licensed professional engineer. He holds dual citizenship in the US and EU.

PHILLIP A. ROSE

Phillip is a Partner with CrossTie Capital, Ltd, a privately held investment office that looks to acquire commercial real estate assets and companies. He is responsible for the overall development and execution of CrossTie’s investment strategies.

Prior to forming CrossTie Capital, Ltd., Phillip was an acquisitions and development officer for Frontier Equity, a real estate private equity office.

Phillip graduated from Texas Christian University with a Bachelor of Business Administration degree in Finance.