Dynasty Gold Discovers New Mineralization to 323m at Depth in Pelham and Expands Mineralization to 185m at Depth in South-Pelham at Thundercloud
Pelham remains open along strike and at depth, while South-Pelham requires additional drilling to establish its geometry and potential.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Dynasty Gold (DGDCF) reported drilling that extended mineralization to 323 meters at Pelham and 185 meters at South-Pelham at Thundercloud.
At the wholly owned Ontario project, Pelham hole DP26-07 returned 44 meters grading 0.63 grams of gold per tonne (g/t), with individual 1.5-meter samples grading up to 6.26 g/t near the hole bottom. The deposit remains open along strike and at depth. South-Pelham hole DP26-04 returned 10.5 meters at 0.81 g/t from 174.5 meters, alongside shallower intersections. Holes 1–3 had no intersections of economic significance. Further drilling is needed to determine South-Pelham's geometry and potential. Results for holes 6 and 8–14 remain outstanding, with only partial results received for hole 6.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointPelham mineralization extended to 323 meters; the deposit remains open along strike and at depth.
- Moderate pointSouth-Pelham mineralization extended to 185 meters, with DP26-04 returning 10.5 meters at 0.81 g/t gold.
- Minor pointDP26-07 intersected 44 meters at 0.63 g/t gold, including a 1.5-meter sample at 6.26 g/t.
- Minor pointDP26-07 also returned 48 meters at 0.39 g/t and 16 meters at 0.31 g/t gold.
- Minor pointDP26-04's shallower intersections included 36 meters at 0.32 g/t and 6 meters at 0.59 g/t gold.
3 minor points
- Minor pointDP26-04 also intersected 1.5 meters at 1.58 g/t gold from 98 meters.
- Minor pointDP26-05 returned 2 meters at 0.26 g/t from 6 meters and 18 meters at 0.23 g/t gold.
- Minor point. Forward-looking: it has not happened yet and may not happen.Dynasty expects the high-grade intercepts to increase tonnage and expand parameters for its next resource estimate update.
Negative
- Minor pointSouth-Pelham holes 1–3 returned no intersections of economic significance.
- Minor point. Forward-looking: it has not happened yet and may not happen.South-Pelham requires additional drilling to determine the mineralized zones' geometry and potential.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2026) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Oink: DGDCF) ("Dynasty" or the "Company") is pleased to report that it has received assay results from core holes drilled in its recently completed diamond drill campaign at its
"This drill program extended gold mineralization vertically at both the Pelham and South-Pelham zones, confirming that the existing gold deposit(s) at Pelham continue much deeper than previously established. DP26-07 is an exciting hole, as it intersected the highest-grade mineralization at the bottom of the hole, starting from 315.5 meters; the mineralizing structure remains wide open, creating an opportunity to significantly increase the overall volume and economic value of the project. These high-grade intercepts are expected to increase tonnage and expand the baseline parameters for the next NI 43-101 resource estimate update," said Ivy Chong, Dynasty Gold's Chief Executive Officer and President.
New mineralization was discovered by drill hole DP26-07, targeting deep extensions of the high-grade gold deposit in the Pelham Zone. This hole was designed to test down-plunge mineralization towards the eastern end; it has successfully extended the known footprint to 323 meters at depth at the Pelham Zone. Hole DP26-07 intersected high gold values near the bottom of the hole; five consecutive samples taken between 315.5 meters and 323 meters returned gold values up to 6.26 grams per ton (g/t) (Table 1). The deposit remains open, both along strike and at depth (Figure 1). DP26-06 also tested down-dip mineralization within the zone; only partial results have been received. Assays from Holes 6, 8 to 14 will be released when available.
Figure 1: Pelham Deposit Looking West
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Table 1: Pelham Drill Intercepts Highlights
| Hole Number | Targets | Zone | From (m) | To (m) | Interval (m) | Au (g/t) |
| DP26-07 | Testing Down-Plunge extension | Pelham | 151.0 | 167.0 | 16.0 | 0.31 |
| Including: | 157.0 | 161.0 | 4.0 | 0.66 | ||
| And | 213.0 | 261.0 | 48.0 | 0.39 | ||
| Including: | 231.0 | 247.6 | 16.6 | 0.60 | ||
| 241.5 | 243.0 | 1.5 | 2.96 | |||
| 256.5 | 258.0 | 1.5 | 2.70 | |||
| 258.0 | 259.5 | 1.5 | 2.06 | |||
| And | 279.0 | 323.0 | 44.0 | 0.63 | ||
| Including: | Hit down-plunge target | 315.5 | 317.0 | 1.5 | 6.20 | |
| 317.0 | 318.5 | 1.5 | 6.26 | |||
| 318.5 | 320.0 | 1.5 | 2.27 | |||
| 320.0 | 321.5 | 1.5 | 1.29 | |||
| Open at Depth | 321.5 | 323 | 1.5 | 2.24 | ||
South-Pelham Gold Target Area
Six diamond holes were drilled within the area of high-value IP signatures to expand near-surface gold mineralization, south of the Pelham deposit (Figure 2 & 3). DP26-05 intersected gold mineralization six meters from surface. DP26-04 was designed to test for mineralization in two historical trenches that are separated by 100m in an east-west direction and intersected three bands of mineralization (see Table 2) beginning at depths of 8m, 80m, and 174m, respectively. Holes 1 to 3 generally contained geochemically anomalous gold values; there were no intersections of economic significance. The South-Pelham area hosts a 700m long trend of gold-in-soil geochemical anomalies and coincident magnetic and IP anomalies; additional drilling will be required to determine the geometry and potential of these zones, as near-surface mineralization is relatively widespread.
"Results from the South-Pelham Zone suggest that gold grades are higher as the system goes deeper." Further deep drilling at both zones will determine the extent of mineralization to unlock its full potential, Ivy Chong added.
Figure 2: South-Pelham IP Plan Map
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Figure 3: Pelham-South Long Section
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Table 2: South-Pelham Drill Intercepts Highlights
| Hole Number | Targets | Zone | From (m) | To (m) | Interval (m) | Au (g/t) |
| DP26-04 | Testing IP Anomaly | South Pelham | 8.0 | 44 | 36.0 | 0.32 |
| Including: | 8.0 | 23.0 | 15.0 | 0.54 | ||
| 11.0 | 14.0 | 3.0 | 1.22 | |||
| 14.0 | 15.5 | 1.5 | 2.92 | |||
| 18.5 | 20.0 | 1.5 | 1.42 | |||
| 21.5 | 23.0 | 1.5 | 1.21 | |||
| 39.5 | 41.0 | 1.5 | 1.25 | |||
| And | 80.0 | 86.0 | 6.0 | 0.59 | ||
| Including: | 84.5 | 86.0 | 1.5 | 2.09 | ||
| And | 98.0 | 99.5 | 1.5 | 1.58 | ||
| And | 174.5 | 185 | 10.5 | 0.81 | ||
| Including: | Open at Depth | 174.5 | 176.0 | 1.5 | 2.28 | |
| Including: | 176.0 | 177.5 | 1.5 | 2.79 | ||
| Including: | 180.5 | 182.0 | 1.5 | 2.06 | ||
| Including: | 182.0 | 183.5 | 1.5 | 0.77 | ||
| End of the hole | 185.0 | 200.0 | 15.0 | Will Be Sampled | ||
| DP26-05 | Testing IP Anomaly | South Pelham | 6.0 | 8.0 | 2.0 | 0.26 |
| 17.0 | 35.0 | 18.0 | 0.23 | |||
| Including: | 33.5 | 35.0 | 1.5 | 1.02 |
Core recovery is close to
Quality Assurance & Quality Control
The core was logged, sample intervals were selected, and sawn at the logging 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. OREAS standards, blanks, and duplicates were inserted into the sample stream to monitor the quality of the assay results. All gold values higher than 5 g/t were re-assayed by using Au-GRA21 gravimetric fire assays.
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, with projects located in the Manitou-Stormy Lakes 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/321399
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Dynasty Gold's latest Pelham drilling at Thundercloud find?
Hole DP26-07 extended known Pelham mineralization to 323 meters and intersected 44 meters grading 0.63 g/t gold. Near the hole bottom, individual 1.5-meter samples returned grades up to 6.26 g/t. The deposit remains open along strike and at depth.
How deep did Dynasty Gold extend mineralization at South-Pelham?
Drilling extended South-Pelham mineralization to 185 meters. Hole DP26-04 intersected 10.5 meters grading 0.81 g/t gold from 174.5 meters, as well as shallower mineralized intervals. Additional drilling is required to determine the zones' geometry and potential.
What further sampling is planned for Dynasty Gold's South-Pelham hole DP26-04?
The 15-meter interval from 185 to 200 meters in hole DP26-04 will be sampled. No assay result is reported for that interval.