Dynasty Gold Discovers Visible Gold in Previously Drilled Core and Commences Exploration at Thundercloud Project in Ontario
Dynasty Gold (OTC:DGDCF) has announced significant developments at its 100%-owned Thundercloud Property in northwestern Ontario. The company has discovered visible gold in previously drilled core from hole DP22-03, with assays showing 151.65 g/t gold over 3 meters. The company is preparing for a 5,000-meter drilling campaign set to begin in mid-August 2025.
The exploration program focuses on two key areas: the gold-rich Pelham Resource area and the Contact Zone. Historical data from TECK's exploration showed impressive results in the Contact Zone, including 8.02 g/t gold over 39 meters, with a high-grade section of 89.4 g/t gold and 1,985 g/t silver over 3.0 meters. Notably, 95% of the property remains undrilled, suggesting significant exploration potential.
Dynasty Gold (OTC:DGDCF) ha annunciato sviluppi importanti nella sua propriet脿 Thundercloud, di cui detiene il 100%, situata nel nord-ovest dell'Ontario. L'azienda ha scoperto oro visibile in un campione di carotaggio precedentemente perforato nel foro DP22-03, con analisi che mostrano 151,65 g/t di oro su 3 metri. 脠 in preparazione una campagna di perforazione di 5.000 metri che inizier脿 a met脿 agosto 2025.
Il programma di esplorazione si concentra su due aree principali: la zona ricca d'oro Pelham Resource e la Contact Zone. I dati storici delle esplorazioni di TECK hanno evidenziato risultati notevoli nella Contact Zone, tra cui 8,02 g/t di oro su 39 metri, con una sezione ad alta concentrazione di 89,4 g/t di oro e 1.985 g/t di argento su 3,0 metri. Da sottolineare che il 95% della propriet脿 non 猫 ancora stato perforato, indicando un potenziale esplorativo significativo.
Dynasty Gold (OTC:DGDCF) ha anunciado avances importantes en su propiedad Thundercloud, de la que posee el 100%, ubicada en el noroeste de Ontario. La compa帽铆a ha descubierto oro visible en un n煤cleo previamente perforado del pozo DP22-03, con an谩lisis que muestran 151,65 g/t de oro en 3 metros. Se est谩 preparando una campa帽a de perforaci贸n de 5,000 metros que comenzar谩 a mediados de agosto de 2025.
El programa de exploraci贸n se centra en dos 谩reas clave: la zona rica en oro Pelham Resource y la Contact Zone. Los datos hist贸ricos de exploraci贸n de TECK mostraron resultados impresionantes en la Contact Zone, incluyendo 8,02 g/t de oro en 39 metros, con una secci贸n de alta ley de 89,4 g/t de oro y 1,985 g/t de plata en 3,0 metros. Es importante destacar que el 95% de la propiedad permanece sin perforar, lo que sugiere un potencial exploratorio significativo.
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Dynasty Gold (OTC:DGDCF) a annonc茅 des avanc茅es significatives sur sa propri茅t茅 Thundercloud d茅tenue 脿 100% dans le nord-ouest de l'Ontario. La soci茅t茅 a d茅couvert de l'or visible dans un carottage pr茅c茅demment for茅 au trou DP22-03, avec des analyses indiquant 151,65 g/t d'or sur 3 m猫tres. Une campagne de forage de 5 000 m猫tres est en pr茅paration, pr茅vue pour d茅buter 脿 la mi-ao没t 2025.
Le programme d'exploration se concentre sur deux zones cl茅s : la zone riche en or Pelham Resource et la Contact Zone. Les donn茅es historiques des explorations de TECK ont r茅v茅l茅 des r茅sultats impressionnants dans la Contact Zone, notamment 8,02 g/t d'or sur 39 m猫tres, avec une section 脿 haute teneur de 89,4 g/t d'or et 1 985 g/t d'argent sur 3,0 m猫tres. Il est 脿 noter que 95 % de la propri茅t茅 reste non for茅e, ce qui sugg猫re un potentiel d'exploration important.
Dynasty Gold (OTC:DGDCF) hat bedeutende Entwicklungen auf seinem zu 100 % eigenen Thundercloud-Grundst眉ck im Nordwesten Ontarios bekannt gegeben. Das Unternehmen hat sichtbares Gold in zuvor gebohrtem Kernmaterial aus Bohrloch DP22-03 entdeckt, mit Analysen, die 151,65 g/t Gold 眉ber 3 Meter zeigen. Eine 5.000-Meter-Bohrkampagne ist geplant und soll Mitte August 2025 beginnen.
Das Explorationsprogramm konzentriert sich auf zwei Schl眉sselbereiche: das goldreiche Pelham Resource-Gebiet und die Contact Zone. Historische Daten von TECK zeigten beeindruckende Ergebnisse in der Contact Zone, darunter 8,02 g/t Gold 眉ber 39 Meter, mit einem hochgradigen Abschnitt von 89,4 g/t Gold und 1.985 g/t Silber 眉ber 3,0 Meter. Bemerkenswert ist, dass 95 % des Grundst眉cks noch unerschlossen sind, was auf ein erhebliches Explorationspotenzial hinweist.
- Discovery of visible gold in previous drill core with high-grade results of 151.65 g/t over 3 meters
- Extensive unexplored potential with 95% of the property yet to be drilled
- Historical high-grade results from Contact Zone showing 8.02 g/t gold over 39 meters
- Planned 5,000-meter drilling campaign to commence in mid-August 2025
- Most of the property remains unexplored, indicating uncertainty about total mineralization potential
- Need for re-assaying of core using metallic screen-fire assays to confirm true gold values
Highlights
- The re-logging of previous Dynasty drill core by field geologists confirmed visible gold in drill hole DP22-03; assay results have returned 3 meters of 151.65 g/t (from 118.5m to 121.5m, see Figure 1). Re-logging is ongoing, and the Company plans to re-assay the core using metallic screen-fire assays.
Figure 1: Photo of drill core section from hole DP22-03
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- Geological mapping in the area of the best sampling results obtained by TECK has included a composite channel sample assay from their Trench 2 site in the Contact Zone, which averaged 8.02 g/t gold over 39 meters, including 89.4 g/t gold and 1,985 g/t of silver over 3.0 meters. This aims to define drill targets to confirm the high-grade trenching data.
Ivy Chong, Chief Executive Officer and President, states: "We are excited to discover sections of previous drill core with visible gold at shallow depths. We are re-logging all of the core to ensure that there are no missed intervals with visible gold that have not been assayed. We continue to discover high-grade mineralization on Thundercloud, whether it is in recent drilling by Dynasty or in historical core. This demonstrates the richness of the high-grade gold mineralization on Thundercloud. Ninety-five percent (
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2025) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to announce that its preliminary exploration program is currently underway in preparation for the upcoming 2025 drilling campaign, expected to begin in mid-August at its
Subsequent to preparatory field work, a program of up to 5,000 meters of core drilling is planned at both the gold-rich historical Pelham Resource area, which has been significantly upgraded by Dynasty's 2022 to 2024 drilling programs, and in the less-explored Contact Zone, located approximately 0.2 to 1.4 kilometers farther south. The Contact Zone displays similar geological features and induced polarization (IP) chargeability response as the Pelham Zone.
Field operations have commenced with the relocation of the 2022, 2023, and 2024 drill core from earlier temporary core storage sites to a new expanded facility in Dryden, which will also accommodate delivery of the 2025 drill core. Since the arrival of logistical and technical personnel, detailed geological mapping has begun within the general proposed 2025 drill target area. The aim of this work is to determine specific drill hole locations while ensuring proper drill hole orientations with respect to structural and stratigraphic controls on the gold-sulphide mineralization.
Until now, the structural geology of the Contact Zone had not been well understood, despite significant gold results obtained by TECK during the company's widely spaced exploratory trench and drill hole investigations in 2007 and 2008. The best sampling result obtained by TECK included a composite channel sample assay from their Trench 2 site at Contact, which averaged 8.02 g/t gold over 39 meters, including 89.4 g/t gold and 1,985 g/t of silver over 3.0 meters. This result is adjacent to, and nearly contiguous with, the site of a chip sample assay obtained by Dynasty in an earlier rock chip sampling program, which returned 3.03 g/t Au and 4.04 g/t Ag over 30 meters.
An exploratory hole TC24-06 drilled in the Pelham Zone by Dynasty in 2024, located on the flank of an IP chargeability anomaly approximately 400 metres southwest of Trench 2, intersected significant near-surface gold mineralization within a depth range of 28.5 meters. Highlights include 0.8 g/t Au over 22.5 meters, 6 meters from surface (including 1.07 g/t Au over 12 meters and 2.72 g/t Au over 3.0 meters), as well as 1.11 g/t Au over 4.5 meters (including 3.02 g/t Au over 1.5 meters).
Current mapping in the Contact Zone has thus far helped determine a more optimal drilling strategy - compared to past exploratory drilling - based on a predominant NW/SE bedding and structural trend, with moderate to steep northeast dips observed in widely spaced bedrock exposures. Lithologies consist of sedimentary, felsic volcanic, and mafic volcanics intruded by quartz-feldspar porphyry dykes and sills (possibly including gabbro) located peripheral to the western intrusive contact of the main Thundercloud Quartz-Feldspar Porphyry pluton.
At the Pelham Zone, which has a moderately well-defined structural trend, drilling will target its currently defined eastern extent, where some of the highest gold grades to date have been encountered (including 72.25 g/t over 6.5 meters). An inspection of Dynasty's drill core by project geologists has revealed the presence of visible gold in at least one high-grade interval that was not previously discovered. The core will be assayed for coarse gold in screen-fire assay tests to confirm the intervals' true gold values.
The technical content of this press release has been reviewed and approved by E. Max Baker Ph.D. (F.AusIMM), Technical Director of the company and a "Qualified Person" ("QP") as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian mineral exploration company currently focused on gold exploration in North America, with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and in the Midas gold camp in Nevada. The Company is currently advancing its Thundercloud gold resource in northwest Ontario. A NI 43-101 Independent Technical Report, dated September 27, 2021, can be found on the Company's and SEDAR websites. The
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
"Ivy Chong"_____________
Ivy Chong, President & CEO
For additional information please contact:
Vancouver Office:
Ivy Chong
Phone: 604.633.2100
Email: [email protected]
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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FAQ
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