Dynasty Confirms Widespread, Near-Surface Gold Mineralization in New South-Pelham Zone, Metallic Screening Test on 2022 Drill Core Yielded 81.5 g/t over 1.5m

Rhea-AI Summary

Dynasty Gold Corp (OTC: DGDCF) reported discovery of near-surface gold in three step-out holes in a newly tested South-Pelham Zone, ~1.5 km from the Pelham Resource. All three reported holes intersected mineralization within the first 50m, and mineralization remains open for expansion along a 2.5km IP trend. A metallic screen test on 2022 core returned 81.5 g/t Au over 1.5m, 42% higher than the prior 57.3 g/t result. Additional assays are pending and further 2026 drilling is planned.

Positive

• Three step-out holes show near-surface mineralization within first 50m
• High-grade metallic screen: 81.5 g/t Au over 1.5m (42% above prior assay)
• Mineralization open along a 2.5 km north-south IP trend
• Multiple intervals containing pyrite with gold similar to Pelham style

Negative

• Several intervals not yet assayed (table lists multiple 'Not Assayed' intervals)
• True width unknown for reported intercepts
• No updated resource or reserve estimate reported from these results

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Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to report the discovery of near-surface gold mineralization in all three step-out holes, 1.5 km from the Pelham Resource, in the previously untested new South-Pelham Zone (see Figure 1). The recent drill program tested an IP chargeability anomaly coincident with bedrock sulphide occurrences and areas with anomalous gold values within trenches related to previous exploration by Teck Resources Limited ("Teck") in 2007 and 2008. The drill holes intersected multiple zones of disseminated pyrite with associated gold mineralization at downhole depths ranging from 27.5 to 201 meters (see Table 1), similar to the mineralization in the Pelham Zone. Mineralization is open to expansion in multiple directions. The correlation of gold mineralization with Fe-sulphide minerals and IP chargeability anomalies in both the Pelham and South-Pelham zones provides encouragement for drill testing of the many other IP anomalies that lie along a 2.5km north-south trend within the central property area.

The Company also tested the metallic screening process for high gold assays on previously analyzed core samples. The metallic screened assay for one 1.5m core sample from a 2022 drill hole core yielded a gold value of 81.5 g/t (120-121.5m in DP22-03), which is 42% higher compared to the original 57.3 g/t assay. Additional testing will be carried out on the high-grade samples from the Pelham zone. More assay results are expected in the coming weeks.

Ivy Chong, President and CEO, commented, "The 2025 exploration objectives were to discover additional zones of mineralization both similar and proximal to the Pelham zone. This initial near-surface discovery in the South Pelham zone is highly encouraging as all three holes, for which assay results have been received, intersected mineralization within the first 50 meters of surface, confirming the widespread mineralization in this part of the property. It paves the way for additional drilling in 2026 to unlock the Thundercloud value beyond the Pelham Zone."

Drill hole TC25-01 was positioned approximately 100 meters southeast of TC24-06 to test whether the mineralization in that hole was indicated by the projected southwestward extension of the IP chargeability anomaly. Hole TC25-03, positioned 100 meters southeast of TC25-01, was designed to test high-sulphide bedrock occurrences discovered earlier in the 2025 summer mapping program where a rock chip sample returned 2.35 g/t gold (5334204E, 547037N). The high-sulphide outcrops are located within IP chargeability anomalies. TC25-03 is interpreted to have intersected the down-dip extension of the sulphide occurrences. TC25-04, positioned approximately 300 meters southeast of TC25-03, targeted Teck's trench T1 (2007); this hole confirmed widespread pyrite occurrences and anomalous gold mineralization in this area (see Figure 1).

Figure 1. Location of 2025 Phase 1 Drill Holes near high-sulfide showings

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7227/280332_f6f01334c4614b6f_001full.jpg

Hole TC25-01 (-45.5° inclination) intersected a wide zone of 10 to 25% disseminated to stringer, and fracture-fill pyrite at a downhole depth from 40.6 to 46.6 meters, assaying 1.37 g/t over 6 meters. The mineralization is hosted within a mixed sequence of altered mafic volcanic and derived fine-grained sedimentary rocks characterized by distinctively coloured, hematitic alteration and silicification. The heavily pyritized zone is flanked by adjacent intervals containing 1 to 5% pyrite, giving an overall mineralized width of 13.0 meters (36.3m to 49.6m), assaying 0.68 g/t.

Hole TC25-03 (-46° inclination) confirmed further easterly, down-dip extension of the sulphide zone, with a 9-meter interval, between 38.0 and 47.0 meters, at 0.54 g/t gold. Mineralization is characterized by patchy, 5-10% disseminated and fracture-fill pyrite, with localized concentrations up to 15%. The host rock sequence is composed of mixed mafic volcanic and volcaniclastic to sedimentary rocks, showing similar tan to slightly maroon hematitic staining with overprinting silicification. The upper limit of the mineralized zone is defined by a quartz-porphyry intrusive contact. However, a 1.5-meter section of the porphyry between 41.0 and 42.5 meters contains 1-2% pyrite and assayed at 2.16 g/t gold.

A second sulphide-rich zone, 10.7 meters wide, occurs between 87.0- and 97.6-meters depth and has similar-style pyrite mineralization, with subordinate pyrrhotite and chalcopyrite, within silicified and carbonate-altered mafic volcanic rocks.

Hole TC25-04 (-45° inclination), the furthest south, located 300 meters south of Holes TC-25-03, targeted an outlying, or second IP chargeability anomaly and a former trench site where historical grab sample assay results of up to 0.596 g/t gold were obtained. The deeper part of the drill-hole tested an area below a cluster of historical soil geochemical anomalies with analytical values of up to 0.5 g/t gold, as reported by Teck in 2008. Core from this drill-hole contained numerous, narrow to broad zones of silicification containing low to moderate amounts of pyrite mineralization (2-7%), with localized concentrations of up to 20% pyrite over narrow widths (2-20cm), throughout most of its length.

Table 1. 2025 Thundercloud Drill Intercepts Highlights (and Metallic Screen Assay)

Hole Number	Zone	East_NAD83	North_NAD83	From (m)	To (m)	Interval (m)	Au (g/t)
DP22-03	Pelham	534264	5471423	120	121.5	1.5	81.5
TC25-01	S. Pelham	534211	5470442	0	36.6	36.6	Not Assayed
				36.6	49.6	13	0.68
Including:				40.6	46.6	6	1.37
TC25-03	S. Pelham	534279	5470390	0	38.0	38	Not Assayed
				38.0	47.0	9	0.57
Including:				41.0	42.5	1.5	2.16
TC25-04	S. Pelham	534380	5470147	0	27.5	27.5	Not Assayed
				27.5	30.5	3	0.74
Including:				27.5	29.0	1.5	1.83
				30.5	72.85	42.35	Not Assayed
And				112.2	127.93	15.73	0.54
Including:				112.2	118	5.8	1.00
				112.2	116.7	4.5	1.26
				113.4	114.9	1.5	1.28
				115.4	116.7	1.3	2.45
				119.04	120.54	1.5	1.28
And				140.9	142.73	1.83	0.95
And				199.6	201.2	1.6	1.54

 

Core recovery was close to 100%. True width is unknown.

Drill core that was not assayed but is contiguous to gold value samples will be cut and sampled.

Quality Assurance & Quality Control

Core was logged, sample intervals selected, and sawn at the property site under the supervision of the Company's consulting geologist. Samples were securely transported and personally delivered to Actlab in Dryden, Ontario, for Au-AA23 gold fire assays and ME-ICP61 multi-element packages for minor element analyses. OREAS standards, blanks, and duplicates were inserted into the sample stream to verify the comparative accuracy of the gold assays received. Following standard crush and grind sample preparation, samples were analyzed for gold by fire-assay methods and multi-element geochemical analysis using a 4-acid-dissolution.

The technical content of this press release has been reviewed and approved by Peter Holbek, MSc., P.Geo, an independent consultant to 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. Its 100%-owned Thundercloud property is situated within the Archean Manitou-Stormy Lakes Greenstone Belt, in northwestern Ontario. The Company is currently drilling to expand the NI 43-101 gold resource. A NI 43-101 Resource Estimate Report can be found on the Company's and SEDAR websites. The 100% owned Golden Repeat gold project in the Midas gold camp in Elko County, Nevada shares similar geological features as the Midas Gold mine and is surrounded by a number of large-scale operating mines. For more information, please visit the Company's website at www.dynastygoldcorp.com.

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: ichong@dynastygoldcorp.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280332

FAQ

What did Dynasty Gold (DGDCF) announce on January 14, 2026 about South-Pelham drilling?

Dynasty announced near-surface gold in three step-out holes ~1.5 km from Pelham and a metallic screen result of 81.5 g/t Au over 1.5m from 2022 core.

How much higher was the metallic screen assay versus the original assay for DGDCF?

The metallic screen returned 81.5 g/t, which is 42% higher than the original 57.3 g/t assay reported.

Are the South-Pelham drill intercepts from DGDCF close to surface and open for expansion?

Yes; all three reported holes intersected mineralization within the first 50 meters and mineralization is reported as open for expansion.

Which holes reported notable intercepts in Dynasty Gold's January 2026 release?

Notable holes include TC25-01 (1.37 g/t over 6m), TC25-03 (2.16 g/t over 1.5m within a 9m 0.57 g/t interval) and multiple intervals in TC25-04.

What assay work remains after Dynasty Gold's January 14, 2026 announcement?

Additional assays from the 2025 program and further metallic screening on high-grade Pelham samples are expected in the coming weeks; some core intervals remain unassayed.