DNA Precious Metals

DNA Precious Metals Inc. (DNAP) is a company listed on the Over The Counter Bulletin Board (OTCBB) in the US. The company aims to leverage its team's extensive experience to quickly bring the Montauban deposit into low-cost production and generate value for shareholders. DNAP is focused on becoming a gold and silver producer by the end of 2013 and is fully unhedged, allowing it to benefit from any future increases in precious metals prices. Its main asset is the Montauban Tailings Mine Property in Quebec, which is located in a highly favorable mining jurisdiction. DNAP has taken an unconventional approach within the mining industry by focusing on extracting gold, silver, and potentially mica from historic mining residues, which is a cost-effective process compared to traditional ore processing. The economic potential from the residues is estimated to be around $174 million, with a total investment cost of under $10 million for DNAP to enter the production phase. With low production costs and high gold-silver prices, the company expects to achieve profitability. The management team, directors, and independent mining consultants bring a wealth of business, financial, and mining experience to the Montauban project. DNAP is committed to near-term production of the Montauban tailings mine in Quebec and has a proactive approach to acquiring additional mining targets with the goal of becoming a medium-sized precious metals producer.