Dynasty Gold Hits 3.65 g/t Au over 7.5m Extending Pelham Mineralization 100m Deeper to 323m at Thundercloud
Dynasty plans conditional follow-up drilling and has over $2 million in treasury after completing this year's drilling commitment.
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) extended known Pelham gold mineralization to a drillhole depth of 323 meters at its Thundercloud project in Ontario. Hole DP26-07 returned 3.65 grams per tonne gold over 7.5 meters near its bottom, approximately 100 meters below the Pelham zone. Mineralization remains open along strike and at depth.
The company plans an additional 1,000 to 1,500 meters in three or four step-out holes, subject to conditions. At South-Pelham, DP26-04 returned 0.32 grams per tonne over 36 meters and 0.81 grams per tonne over 10.5 meters. Holes DP26-1 through DP26-3 had no intersections of economic significance. Dynasty has over $2 million in its treasury following completion of this year's drilling commitment.
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 hole DP26-07 returned 3.65 g/t gold over 7.5 meters, approximately 100 meters below the Pelham zone.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Dynasty plans 1,000 to 1,500 meters of additional drilling in three or four step-out holes.
- Moderate pointTreasury holds over $2 million following completion of this year's drilling commitment.
- Minor pointPelham mineralization now reaches 323 meters of drillhole depth and remains open along strike and at depth.
- Minor pointAdditional DP26-07 intervals returned 0.31 g/t over 16.0 meters and 0.39 g/t over 48.0 meters.
3 minor points
- Minor pointSouth-Pelham DP26-04 returned 0.32 g/t over 36.0 meters, including 0.54 g/t over 15.0 meters.
- Minor pointDP26-04 also returned 0.59 g/t over 6.0 meters and 0.81 g/t over 10.5 meters.
- Minor pointSouth-Pelham DP26-05 returned 0.26 g/t over 2.0 meters and 0.23 g/t over 18.0 meters.
Negative
- Minor pointSouth-Pelham holes DP26-1 through DP26-3 contained no intersections of economic significance.
- Minor point. Forward-looking: it has not happened yet and may not happen.Additional step-out drilling remains subject to conditions.
- Minor point. Forward-looking: it has not happened yet and may not happen.South-Pelham zones require additional drilling to determine their geometry and potential.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2026) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF), "Dynasty" or the "Company" is pleased to report a new gold discovery in the footwall of the Pelham deposit. Hole DP26-07, drilled at Pelham, intersected 7.5 meters at an average of 3.65 grams per tonne ('g/t') gold ('Au'). This new gold mineralization was found near the bottom of the hole and was documented by five continuous 1.5-meter gold assays. This potential new zone is located within 100 meters of previous shallower drilling, which had drillholes averaging 220 meters in depth and returned high-grade gold assay intercepts of up to 8.9 g/t gold over 73.5 meters (Figure 1).
This newly identified gold mineralization is approximately 100 meters below the Pelham zone. Hole DP26-07 intersected a stack of three lenses starting at 151m, 213m, and 279m, and ending in mineralization at 323 meters. The hole was a successful test of the down-plunge extension toward the eastern end of the Pelham gold system, expanding the known footprint to a drillhole depth of 323 meters. Five consecutive 1.5-meter samples between 315.5 and 323.0 meters returned grades up to 6.26 g/t Au (Table 1). The deposit remains open along strike and at depth (Figure 1). DP26-06 also tested down-dip mineralization within the Pelham Zone; partial results have been received. Receipt of gold assays from Hole 6 and holes 8 to 14 is expected in the coming weeks.
Located 47 km southeast of Dryden in Northwest Ontario's Manitou-Stormy Lakes greenstone belt, the
Figure 1: Pelham Long Section Looking West
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Ivy Chong, Dynasty Gold's Chief Executive Officer and President, commented, "This drill program successfully extended gold mineralization at depth within the Pelham Zone, confirming down-dip and down-plunge continuity. Drill hole DP26-07 intersected its highest-grade mineralization near the bottom of the hole, starting from 315 meters. The structure and gold-mineralized chute remain open at depth and along strike, representing significant potential for high-grade resource expansion."
Figure 2: Hole DP26-07 - Section of Core between 317 to 318.5m
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Following these promising results, and subject to a number of conditions, an additional 1,000 to 1,500 meters (in 3 or 4 step-out holes) are planned, in order to further extend the down-plunge mineralization intercepted by Hole DP26-07. The current mineralized footprint occupies only a small fraction of the 36-square-kilometer land package, leaving large stretches of the Manitou-Stormy Lakes greenstone belt open for future exploration.
Table 1: Pelham Drill Intercepts Highlights
| Hole Number | Targets | Zone | From (m) | To (m) | Interval (m) | Au (g/t) |
| DP26-07 | 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 | ||
| 315.5 | 323.0 | 7.50 | 3.65 | |||
| 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 | ||
Hole DP26-07-the deepest hole drilled at Pelham to date-intersected 7.5 meters of pyritic mineralization in fine-grained chloritic, calcite-veined metabasalts and intercalated metasedimentary rocks. The new intercept could be in a gold feeder zone that channeled gold-bearing hydrothermal fluids up towards the surface. The down-dip and down-plunge extensions of this gold zone have not yet been tested at further depths.
South-Pelham Gold Target Area
Drilling in this area intersected three bands of mineralization (see Table 2) in Hole DP26-04, beginning at depths of 8m, 80m, and 174m, respectively. Hole DP26-04 was designed to test for gold mineralization in two historical trenches separated by 100m in an east-west direction. Six diamond holes were drilled within an area of high-value IP signatures to expand near-surface gold mineralization south of the Pelham deposit (Figures 3). DP26-05 intersected gold mineralization six meters from surface. Holes DP26-1 to DP26-3 generally contained geochemically anomalous gold values; however, 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 discovered to date is relatively widespread.
"Results from the South-Pelham Zone suggest that gold grades are higher as the system goes deeper. Targeted deep drilling across both zones will determine the scale of this system and unlock its full value," said Ivy Chong. "Dynasty remains well-capitalized; with over
Figure 3: South-Pelham IP Plan Map
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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 geologists. Samples were securely transported and personally delivered to Actlab by Company personnel 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 3 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/322672
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Dynasty Gold's DP26-07 hole discover at Thundercloud?
DP26-07 intersected 3.65 g/t gold over 7.5 meters between 315.5 and 323.0 meters, approximately 100 meters below the Pelham zone. Five consecutive 1.5-meter samples supported the interval, with grades reaching 6.26 g/t gold.
What additional drilling does Dynasty Gold plan at Pelham?
Dynasty plans 1,000 to 1,500 meters of additional drilling in three or four step-out holes, subject to conditions. The planned holes would test the further extension of mineralization intersected by DP26-07 in the direction it continues underground.
When does Dynasty Gold expect more Thundercloud assay results?
Dynasty expects gold assay results from Hole 6 and holes 8 to 14 in the coming weeks. Partial results have already been received for DP26-06, which tested the downward extension of mineralization within the Pelham Zone.