Dynacor Gold Mines Continues to Increase its Gold Processing Capacity and Reports an All-Time Record Production of 4,255 Ounces of Gold in October 2011

MONTREAL, QUEBEC, Nov 22, 2011 (MARKETWIRE via COMTEX) -- Dynacor Gold Mines Inc. ("Dynacor" or "the Company") /quotes/zigman/40238 CA:DNG +5.00% is pleased to announce a further increase in its production capacity at it's 100% owned Acari ore processing plant in Peru. The plant's capacity has been upgraded twice in the last 90 days from 180 tpd to 200 tpd (see Press Release dated September 9, 2011) and since the second week of November from 200 tpd to 220 tpd.

During the second week of November, the plant's ore-throughput reached a peak of 225 tpd and has averaged a daily throughput of close to its new capacity level of 220 tpd, which is 18% higher than the average ore-throughput of 186 tonnes per day attained during Q3 2011. Dynacor Gold also, during the month of October, reached an all-time record gold production of 4,255 ounces and produced 7,708 ounces of silver as a by-product.

The increase in the gold processing capacity in November is due to the addition of a tertiary conical crusher upstream from the ball mills. Consequently, the ore fed into the ball mills has a smaller size and is more uniform than previously leading to an enhanced overall processing rate. As can be seen in Table 1 below the Company has been continually increasing the plant's capacity throughout 2011 while maintaining the gold recovery rate.