DynaResource is a small gold mining company with a single asset: the San José de Gracia underground gold and silver mine in Sinaloa, Mexico. DynaResource mines ore, processes it on-site into gold-silver concentrate, and sells the concentrate to a single buyer under an Offtake Agreement. The Offtake Agreement also governs a credit line available to the company. DynaResource delivered approximately 20,848 oz of gold in concentrate in 2025. Revenue is driven by two factors: production volume and the prevailing spot price of gold and silver at the time of sale, less a payability discount and treatment or refining charges, benchmarked to the London PM gold fix. As a single-mine, single-commodity producer, DynaResource's financial results are almost entirely a function of gold prices and production volumes. The company uses collar structures and fixed-price arrangements to hedge gold price exposure, which can limit upside when gold rises above a cap but protect against downside. Key costs include electricity, fuel, reagents, explosives, steel, concrete, and labor across approximately 238 employees in Mexico. As of January 2025, DynaResource transitioned from Exploration Stage to Production Stage, reflecting established proven and probable mineral reserves at the mine.