The Tumipampa property
The Tumipampa project is located 500 km from the city of Lima, in the Circa district, Province of Abancay, Department of Apurímac. Dynacor Gold owns a total of 2,650 hectares which are adjacent to concessions being explored by the following companies: Meridian Gold, Bear Creek and Southern Peru.

The area is composed of quartzite and limestone of the Cretaceous, which contain important epithermal Au deposits intruded by the Apúrimac Batholite, a well known metallotect that is related to many porphyric Cu and Au deposits in Peru.

History
During 2002 and 2003, a first exploration campaign was carried out in the NE area of the property, covering 300 hectares. Geophysical, surface geological and geochemical studies were carried out and a diamond drilling campaign (16 holes - total of 4,050 meters) was completed. The objective was to find a Au-Cu disseminated porphyry-type deposit in the quartzite. Results did not show gold dissemination, but the holes located near the outcrops of the veins showed significant gold grades. For instance, veins 1, Z, and A were intersected by drilling and the following gold assays were obtained: diamond drills HDD1 (7.33 g/t Au across 6 meters), HDD3 (8.20 g/t Au across 4 meters), and HDD6 (12.25 g/t Au across 2 meters).

In 2006, a reinterpretation and general review of the project as well as an initial survey in the field was done on the entire Tumipampa Property during which new veins were discovered and earlier known veins were further studied - all told adding up to a total of 10 structures with economical gold grades.

The veins: 1, Z, 2007, San Pedro, Escondida, Esperanza, Porvenir, A, B and El Manto Dorado were also revealed by the presence of old surface work done during the colonial period. Channel sample analysis of the latter veins found grades between 1 and 25 g/t Au. Hydrothermal breccias in quartzite grading up to 1g/t Au were also identified.

Two most important mineralized structure

Manto Dorado
This surface structure was discovered when cutting access road for the 2003 drilling campaign. With an average width of 5 meters, this is the project's most important structure known to date. The access road revealed a 10-meter segment of the 200-meter known length of the structure. Most of the Manto Dorado(MD) structure appears to be covered by quaternary material. Its average direction is N30°E and has a 35° NW dip corresponding to the quartzite stratification. The geological make-up of the MD structure includes abundant pyrite, grey and white quartz and iron oxide.

Five channel samples taken every 2 meters from a 10-meter segment where the access path intersected the MD structure returned very significant gold and silver grades of gold and silver (see Table 1, below).

Table 1. Five channel samples from the Manto Dorado structure

Vein A
This vein is another important structure found close to the Manto Dorado. The presence of old surface workings dating back to the Spanish colonial period can be readily observed over a total distance of 200 meters. The scale of these historical mining activities is indicative of the richness of this vein. For instance, analyses of samples taken from an old ore stockpile returned a grade of 12.70 g/t Au. Interestingly, Vein A was also intercepted by the diamond drill hole HDD6 (in 2003) at a depth of 60 meters and had a grade of 12.25 g/t Au across a 2-meter intercept.