Dynasty Gold Completes 3,000-Meter Drilling at Thundercloud in Ontario
The six South-Pelham drillholes covered a 300m by 400m area hosting geophysical anomalies and indications of potential gold mineralization.
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Rhea-AI Summary
Dynasty Gold (DGDCF) completed a 3,000-meter drilling program at its wholly owned Thundercloud Gold Project in northwest Ontario.
The July-to-September campaign comprised 14 drillholes: six in South-Pelham targeting geophysical anomalies and eight at the Pelham Zone. Three Pelham holes sought samples for metallurgical testing, which evaluates mineral processing, to further assess potential open-pit mining. Other holes tested possible mineralization extensions and exploration targets.
Selected core was delivered for laboratory analysis, with assay results pending. The company plans additional fall/winter drilling depending on those results and weather conditions.
Positive
- Minor point3,000-meter, 14-drillhole program completed at the wholly owned Thundercloud project during July–September.
- Minor pointThree Pelham drillholes sought metallurgical samples to further evaluate potential open-pit mining.
- Minor point. Forward-looking: it has not happened yet and may not happen.Additional fall/winter drilling is planned by the company.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Additional fall/winter drilling depends on assay results and weather conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2026) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to announce the completion of a 3,000m, fourteen-drillhole program at its
The fourteen drillholes were completed during a July-to-September drill campaign. Six drill holes were drilled in the South-Pelham area, targeting induced polarization (IP) chargeability anomalies, which are typically indicative of sulfide, particularly pyrite, mineralization. The six diamond drillholes were spaced over an area 300m by 400m hosting IP anomalies and indications of potential gold-bearing mineralization. Eight holes were drilled at the Pelham Zone: three holes were designed to obtain mineralization samples for metallurgical testing required to further evaluate the potential for open-pit mining; two holes targeted possible easterly and down-plunge extensions of Pelham mineralization; one hole tested historically indicated surface mineralization to the north of the Pelham zone; and one hole tested an east-west trending IP chargeability anomaly east of the Pelham zone.
All drill core was logged and marked for sampling by the Company's technical adviser, Peter Holbek, or Director, Richard Redfern. Selected core for sampling was cut by diamond saw under technical supervision and delivered to the laboratory in Dryden for analysis. Assay results will be released when available. Depending on the assay results and weather conditions, the Company is planning additional drilling for the fall/winter season.
The technical content of this press release has been reviewed and approved by Peter Holbek, M.Sc., P.Geo, 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: 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/317829
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much drilling did Dynasty Gold complete at Thundercloud?
Dynasty Gold completed 3,000 meters across 14 drillholes during its July-to-September campaign. Six holes were drilled in South-Pelham and eight at the Pelham Zone of the wholly owned Ontario project.
When will Dynasty Gold release Thundercloud drilling results?
Assay results will be released when available. Selected drill core has been delivered to the laboratory in Dryden for analysis. Additional fall/winter drilling is planned depending on the assay results and weather conditions.