Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Dynasty Gold Continues to Hit Multiple High-Grade Intercepts up to 24.53 g/t Gold over a Broad Mineralized Zone in July 2024 Drilling at Thundercloud

In This Article:

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