Dynasty Gold Corp. reports exploration developments for its 100%-owned Thundercloud gold project in northwestern Ontario. Recurring updates focus on drilling at the Pelham and South-Pelham zones, near-surface gold mineralization, IP chargeability targets, assay results, and work tied to the project's NI 43-101 resource.
The company's news also covers capital-raising activity, technical disclosure by qualified persons, conference presentations, and strategic advisory matters related to advancing Thundercloud. Dynasty also identifies the 100%-owned Golden Repeat gold project in Nevada as part of its North American gold exploration portfolio.
Dynasty Gold (OTC: DGDCF) reports progress at its 100%-owned Thundercloud gold project in northwestern Ontario and awaits 2025 assay results from a 5,000‑metre core program targeting the South-Pelham Zone.
Key disclosed results include 0.8 g/t Au over 22.5 m (Hole TC24-06) and 3.03 g/t Au over 43 m within 94.5 m of 1.61 g/t (Hole TC24-02). The company says drill spacing tested extensions up to 1.5 km south of the Pelham resource. Visible gold and high-pyrite outcrops were observed; metallic screening and pending assays are underway.
Dynasty raised over $2.0M, reports a cash balance > $3.5M, holds zero debt, and is considering an updated NI 43-101 resource estimate for 2026.
Dynasty Gold (OTC: DGDCF) announced a non-brokered private placement to raise $751,800 in combined non-flow-through and flow-through financings, subject to Exchange approval. The company said it received 1,255,555 non-flow-through units at $0.18 and 2,390,000 flow-through units at $0.22, and builds on a cash reserve of over $3 million.
The non-flow-through units include one-half warrant (exercise $0.30, 24 months) and the flow-through units include one-half warrant (exercise $0.33, 24 months). Finder's fees and broker warrants are payable; flow-through proceeds will be renounced by Dec 31, 2025 to fund the Thundercloud gold project. All securities are subject to a four-month-and-one-day hold.
Dynasty Gold Corp (OTC: DGDCF) reported an update on its ongoing 5,000-metre drilling program at the 100% owned Thundercloud property, 47 km southeast of Dryden, NW Ontario.
The rig moved to the Pelham targets for infill holes near previously identified high-grade gold (surface sample: 3 m at 89.4 g/t Au) and to test IP chargeability highs identified by Teck. One to two core holes will test the Glatz Open Cut Contact zone (never drilled) and a pioneer hole will probe Red Lake–age structural feeders at the Funnel Target. Technical data reviewed by a Qualified Person under NI 43-101.
Dynasty Gold (OTC:DGDCF) has completed 1,461 meters of core drilling at its 100%-owned Thundercloud gold project's South-Pelham zone. The company drilled six holes ranging from 150 to 418 meters, with three holes testing IP high-chargeability anomalies and three testing high-sulphide bedrock occurrences.
Significant sulphide mineralization was observed in all drill holes, with substantial sulphide intervals up to several meters wide found at depths of 8 to 300 meters. The company plans to drill an additional 3,000 meters in the Pelham Zone resource area.
Dynasty has also engaged Roc Global LLC, a New York-based investment bank, to explore strategic partnerships and financing options to accelerate the Thundercloud project towards production, particularly advantageous with gold prices reaching $3,800 per oz.
Dynasty Gold (TSXV: DYG) has made a significant discovery at its Thundercloud project in Ontario, identifying surface showings containing up to 50% pyrite with other sulphides in the South Pelham area, located 1.2 kilometers south of the Pelham Zone. The company has also initiated a 5,000-meter drilling program that will continue into fall 2025.
The first drill hole, TC-25-01, targets the northeastern extension of mineralization discovered in 2024, testing a substantial IP chargeability anomaly measuring approximately 500 x 500 meters. The technical team has exposed an outcrop area of 2.7m by 1.7m with up to 50% sulphide minerals, with several exposures occurring approximately 60 meters apart along a NE-SW strike direction.
Dynasty Gold (OTC:DGDCF) has announced significant developments at its 100%-owned Thundercloud Property in northwestern Ontario. The company has discovered visible gold in previously drilled core from hole DP22-03, with assays showing 151.65 g/t gold over 3 meters. The company is preparing for a 5,000-meter drilling campaign set to begin in mid-August 2025.
The exploration program focuses on two key areas: the gold-rich Pelham Resource area and the Contact Zone. Historical data from TECK's exploration showed impressive results in the Contact Zone, including 8.02 g/t gold over 39 meters, with a high-grade section of 89.4 g/t gold and 1,985 g/t silver over 3.0 meters. Notably, 95% of the property remains undrilled, suggesting significant exploration potential.
Dynasty Gold Corp. (DGDCF) has announced plans for a non-brokered private placement to raise up to $1 million through a combination of share offerings. The financing includes flow-through shares at $0.165, charity flow-through shares at $0.185, and non-flow-through shares at $0.125, each with half-warrants exercisable at $0.25 for two years. The company will use proceeds from flow-through offerings to advance its Thundercloud gold project in Ontario, where recent drilling has identified high-grade gold shoots in the Pelham Zone and new surface mineralization. The first tranche is expected to close by May 16, 2025, with a four-month hold period on units.