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Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to release assay results for the initial phase of the 2024 drill program comprising 2,198 meters for its Thundercloud property. Thundercloud is located in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern Ontario.
Drilling was designed to test the extensions for the eastern and western limits of the defined mineralization. It has successfully intersected high-grade gold mineralization of 5.13 g/t over 18 meters from 97.5m to 115.5m, including 9.3 g/t over 4.5 meters and numerous 5 to 8+ g/t over 1.5m in TC24-02 (30 meters additional assay results are pending). Results confirm the high-grade mineralization that was discovered in 2022 and 2023 (see Figure 1) extending to the east of Pelham with consistent high grade running between 5 to 8+ g/t and to up to 24.53 g/t, intercepting from less than 100 meters below surface. It remains open at depth. Most holes were shallow within 200 meters of surface. Drilling also intersected broad zones of lower grade mineralization from 25 meters below surface with intercepts between 50 and 136 meters in length for grades up to 1.73 g/t (see Table 1).
"Since our first drill program on Thundercloud in 2022, July of 2024 drilling continued to intersect broad zones of near-surface mineralization with extensive high-grade intervals in most holes. This demonstrates the richness of the gold system on the property for potentially high-grade and bulk-tonnage mineralization," commented Ivy Chong, President and CEO. "During the fall exploration program, we will continue to drill to expand Pelham Resource along strike and at depth, simultaneously expand our footprint to the remaining untested 90% of the property."
Table 1. Drill Intercepts Highlights from July 2024 Drilling
Hole Number | East_NAD83 | North_NAD83 | From (m) | To (m) | Interval (m) | Au (g/t) |
TC24-02 | 534280.000 | 5471386.000 | 48.0 | 120 | 72.0 | 1.73 |
Including: | 67.5 | 120 | 52.5 | 2.30 | ||
97.5 | 115.5 | 18.0 | 5.13 | |||
97.5 | 99 | 1.5 | 6.11 | |||
99 | 100.5 | 1.5 | 8.12 | |||
100.5 | 102 | 1.5 | 10.62 | |||
102 | 103.5 | 1.5 | 1.56 | |||
103.5 | 105 | 1.5 | 5.15 | |||
105 | 106.5 | 1.5 | 4.13 | |||
106.5 | 108 | 1.5 | 5.39 | |||
108 | 109.5 | 1.5 | 4.89 | |||
And | 109.5 | 114.0 | 4.5 | 9.30 | ||
Including: | 109.5 | 111 | 1.5 | 8.82 | ||
111 | 112.5 | 1.5 | 8.43 | |||
112.5 | 114 | 1.5 | 24.53 | |||
And: | 114 | 115.5 | 1.5 | 4.55 | ||
115.5 | 117 | 1.5 | 4.31 | |||
117 | 118.5 | 1.5 | 2.81 | |||
118.5 | 120 | 1.5 | 1.38 | |||
120 | 150 | Results | Pending | |||
TC24-04 | 534186.000 | 5471437.000 | 142.5 | 201.0 | 58.5 | 1.01 |
Including: | 166.5 | 178.5 | 12.0 | 3.0 | ||
166.5 | 168 | 1.5 | 1.23 | |||
168 | 169.5 | 1.5 | 0.31 | |||
And | 169.5 | 175.5 | 6.0 | 5.20 | ||
Including: | 169.5 | 171 | 1.5 | 13.29 | ||
171 | 172.5 | 1.5 | 1.70 | |||
172.5 | 174 | 1.5 | 8.73 | |||
174 | 175.5 | 1.5 | 7.61 | |||
And: | 175.5 | 177 | 1.5 | 1.88 | ||
177 | 178.5 | 1.5 | 1.28 | |||
TC24-11 | 534274.359 | 5471464.321 | 135 | 216 | 81.0 | 0.61 |
Including: | 196.5 | 207 | 10.50 | 2.44 | ||
196.5 | 198 | 1.50 | 6.23 | |||
198 | 199.5 | 1.50 | 0.12 | |||
199.5 | 201 | 1.50 | 0.87 | |||
And | 201 | 207 | 6.0 | 3.07 | ||
Including: | 201 | 202.5 | 1.50 | 3.56 | ||
202.5 | 204 | 1.50 | 5.54 | |||
204 | 205.5 | 1.50 | 3.89 | |||
TC24-13 | 534089.920 | 5471410.956 | 82.5 | 219.0 | 136.5 | 0.58 |
Including: | 90 | 106.5 | 16.5 | 1.76 | ||
93 | 96 | 3.0 | 4.11 | |||
90 | 91.5 | 1.50 | 1.72 | |||
91.5 | 93 | 1.50 | 2.27 | |||
93 | 94.5 | 1.50 | 5.60 | |||
94.5 | 96 | 1.50 | 6.69 | |||
96 | 97.5 | 1.50 | 3.26 | |||
97.5 | 99 | 1.50 | 1.01 | |||
99 | 100.5 | 1.50 | 3.24 | |||
100.5 | 102 | 1.50 | 1.86 | |||
102 | 103.5 | 1.50 | 1.27 | |||
103.5 | 105 | 1.50 | 0.13 | |||
105 | 106.5 | 1.50 | 2.01 | |||
TC24-14 | 534106.865 | 5471343.659 | 25.5 | 78 | 52.5 | 0.51 |
Including | 49.5 | 58.5 | 9.0 | 1.25 |