Gold is discovered on the San Jose de Gracia Property.
The first large-scale mining at San Jose de Gracia. More than 1 million ounces Gold were reportedly mined and produced between 1828 and 1910, when operations at SJG were halted abruptly by the Mexican Revolution.
Mining resumes at San Jose de Gracia in a limited capacity. During this period the Project was attended by local owners with limited and unsuccessful attempts to produce gold.
NAFTA Agreement opened the Country of Mexico to Foreign Investment, and Exploration and Mining activities by Foreign Companies increased dramatically.
DynaResource, Inc. formed a subsidiary in Mexico, DynaResource de Mexico SA de CV (“DynaMexico”); and DynaMexico acquired and consolidated the 34 mining Concessions which comprised the SJG District.
2007 – 2011
Exploration Drilling at SJG defined an underground resource of 1.150 million Oz. gold, as defined in the December 31, 2012 CDN NI 43-101 Technical Report and Resource Estimate.
DynaResource commenced Test Mining and Test Milling Operations at SJG; and in 2022 New ball mill equipment was acquired and installed at the Mill Facility which completed the latest phase of Mill Expansion.
Exploration Drilling from surface and underground was continued at SJG.
Test Mining activity is planned to open access to an additional test mining area at SJG; and The Company expects to increase the volume of test mining and test milling operations. And, continuing
exploration is being conducted in order to define additional Gold Resources, and to identify additional test mining targets.