DNAP Up 26% Early
DNA Precious Metals Inc
9125 rue Pascal Gagnon Suite 204
Saint Leonard, QC HIP IZ4 Canada
Phone: (514) 852-2111
dnapreciousmetals.com
PROFILE:
An unconventional business approach paves the road to production
DNA Precious Metals Inc. Is focused on becoming a gold and silver producer with target of Q2, 2014. The Company is 100% unhedged thus positioned to fully benefit from any future rise in precious metals prices. Our main asset is the Montauban Tailings Mine Property located at Notre-Dame-de-Montauban in one of the world’s most favourable mining jurisdictions; the province of Quebec.
DNA Precious Metals Inc. has undertaken an unconventional business approach within the realm of the mining industry. Instead of focusing on the higher-grade ore, the Company has focused on the extraction of gold, silver and potentially, the industrial mineral mica (phogopite) from the the Anacon tailings deposit and potentially acquiring 2.5 million metric tons of historic mining residues ("residues") situated in the Montauban area. The extraction of the valuable metals from the residues is a low cost process compared to the processing of ore.
The economic potential from the processing of the historic residues to be acquired is approximately 174 million dollars. * The total cost investment for DNA Precious Metals Inc. to get into the production phase is just under 10 million dollars. If we successfully employ low production costs and if high gold-silver prices persist, DNA Precious Metals Inc. will enter profitability.
VALUE PROPOSITION:
Company Highlights
- Gold silver tailings mine located in mining, friendly Montauban, Quebec, Canada - 80 km North-West of Quebec City
- A unique near term tailings producer with the mill building in place, a permitted mine waste facility. Final permits target Fall 2013
- NI 43-101 Report January 2011
- Measured Resources 428,000 t
- Grading .31 g/t Au, 32 g/t Ag
- 4,200 oz Gold; 440,000 oz Silver
- 2.5M t Historical Resource, including Measured
- 56,000 oz Gold, 3,600,000 oz Silver
- 100,000 Gold Equivalent Ounces
- Production Target Q2 2014
- Mill throughput 500 tpd increasing to 1000 tpd
- 2.5 yr mine life, 7+ year in historical resource
- 15,000 Gold Eq Oz production potential 2016
- Aggressive Past Producer Acquisition Search
- February 25, 2013 - received trading symbol from FINRA for quotation on the OTCBB under the symbol DNAP.
- September 14, 2012 - Certificate of Authorization issued by the MDDEP (Ministère du Développement durable, de l’Environnement et des Parcs) to process mining residues.
- July 16, 2012 Form S-1 statement (IPO registration) "deemed effective" by The U.S. Securities and Exchange Commission
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OTCQB: DNAP
Market Value:
28,808,960 dollars a/o Aug 29, 2013
Shares Outstanding:
90,028,000 a/o Jun 30, 2013
Authorized Shares:
150,000,000 a/o Mar 31, 2013
Par Value:
0.001
Shareholders of Record:
99 a/o Mar 13, 2013
Transfer Agent:
Olde Monmouth Stock Transfer Co., Inc.
KEY EXECUTIVES:
Ronald Mann
President
CEO
Tony Giuliano
CFO
James Chandik
EVP
COO
Yves Gagnon
VP Ops.
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