DynaResource Reports Year End 2025 Results at the San Jose de Gracia Mine, Net Income for 2025 of $3.8M, and Adjusted EBITDA for 2025 of $12.1M

DynaResource delivered a strong operational and financial turnaround at its San Jose de Gracia mine in 2025, marking a significant recovery from previous year losses. The company achieved net income of $3.8 million versus an $8.5 million loss in 2024, while revenue grew 26% to $58.5 million from $46.5 million. Adjusted EBITDA reached $12.1 million compared to negative $1.3 million in the prior year, with the fourth quarter marking the fifth consecutive quarter of positive adjusted EBITDA.

Operational performance showed meaningful improvements despite slightly lower gold production of 21,393 ounces compared to 25,677 ounces in 2024. The company successfully increased milled throughput to 262,224 tons, up significantly from just 7,548 tons in 2024, achieving an average daily mill throughput of 718 tons per day. Key infrastructure investments included the completion of three new Falcon gravity concentrators in Q3 2025, which helped boost gold recovery rates to 75.69% in Q4 from 73% in Q3.

The operational optimization program yielded substantial results, with underground development averaging 1,057 meters per month in Q4 2025 compared to 383 meters in Q4 2024. This expanded development work led to accessing over 20 production stopes and the discovery of two new mineralized veins - Victoria at Tres Amigos and vein 532 at La Mochomera. The company also completed significant infrastructure improvements including enhanced mine ventilation systems connecting La Mochomera and San Pablo Sur mines.

These results demonstrate the successful execution of DynaResource's optimization strategy in a favorable gold price environment. The combination of improved operational efficiency, cost management, and infrastructure investments positions the company for continued performance improvement in 2026, with management highlighting additional processing capacity of approximately 100 tons per day available for utilization.