Dynasty Gold Announces Fully Funded 2026 Exploration Program
Rhea-AI Summary
Dynasty Gold (OTC: DGDCF) announced a fully funded 2026 exploration program at its 100%-owned Thundercloud property in Northwest Ontario.
The plan targets expansion of the Pelham gold resource laterally and at depth, with up to seven Phase 1 drill holes and additional drilling at South Pelham Ch1 and Ch2 IP anomalies.
Historical intercepts include 25.2 g/t Au over 21m, including 6.5m of 72.2 g/t Au. A metallic screen test improved a key interval to 8.9 g/t Au over 73.5m from 8.4 g/t. The Pelham resource remains open in all directions.
AI-generated analysis. Not financial advice.
Positive
- 2026 Thundercloud exploration program is fully funded
- Up to seven Phase 1 drill holes planned to extend Pelham mineralization
- Additional drilling planned at South Pelham Ch1 and Ch2 IP anomaly zones
- Historical intercept of 25.2 g/t Au over 21m, including 6.5m of 72.2 g/t Au
- Metallic screen reassay increased a key interval to 8.9 g/t Au over 73.5m
- Pelham gold resource reported as open in all directions
Negative
- None.
News Market Reaction – DGDCF
On the day this news was published, DGDCF gained 4.98%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2026) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to announce its initial plans for the 2026 exploration program on its
The Company's objective for the upcoming drilling is to increase the existing Pelham resource both laterally and to depth, and to test a number of the property's geophysical anomalies, which have associated gold mineralization. The Pelham gold deposit comprises a series of closely spaced, east-west trending, pyritic lenses with higher gold grades contained within north-easterly plunging shoots (Figure 1). Initial drilling will test below existing drilling in the down-plunge direction. Careful positioning of these holes will also allow for testing close to surface of IP chargeability anomalies in the upper parts of the drill-holes (Figure 2). Expansion of the higher-grade zones, below where previous drilling intersected exceptionally high grades, such as 25.2 g/t Au over 21m (including 6.5m of 72.2g/t Au), may provide significant increases in size and grade to the existing mineral resource.
The program will also test the potential of the Feeder zone beneath the discovery hole in 2022. The metallic screen test has further improved the grade to 8.9 g/t over 73.5m (from 8.4 g/t over 73.5m - refer to January 14, 2026 news release). The Pelham resource remains open in all directions.
Figure 1: Pelham deposit north-easterly plunging looking west
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7227/299799_60b28092f4b87a71_001full.jpg
Figure 2: Sectional view through the Pelham deposit looking west, with. IP chargeability block model in orange (note: IP only modeled to a depth of 175m).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7227/299799_60b28092f4b87a71_002full.jpg
The Company plans to drill up to seven holes in this Phase 1 program to extend Pelham mineralization to depth. Additionally, drilling will also be carried out to further test mineralization coincident with IP chargeability anomalies in the South Pelham Zone. Surface work conducted in this area confirmed the widespread occurrence of sulfides and anomalous gold mineralization. While the South Pelham IP anomalies are larger than the Pelham anomaly, only limited testing was done previously (Figure 3). The Company plans to drill up to five holes in the Ch1 anomaly area and three holes in the Ch2 anomaly.
Figure 3: Sectional view, looking west of IP chargeability anomalies in the South-Pelham zone.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7227/299799_60b28092f4b87a71_003full.jpg
The technical information in this news 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
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/299799