Welcome to our dedicated page for Dynasty Gold news (Ticker: DGDCF), a resource for investors and traders seeking the latest updates and insights on Dynasty Gold stock.
Dynasty Gold Corp. (DGDCF) generates frequent news as it advances its gold exploration portfolio in North America, with a primary focus on the 100%-owned Thundercloud project in the Manitou-Stormy Lakes Greenstone Belt of northwestern Ontario. Company updates highlight drilling progress, new mineralized discoveries, financing activities, and technical interpretations across key zones such as Pelham, South-Pelham, and the Contact Zone.
News releases detail core drilling campaigns of several thousand meters, including programs targeting the expansion of the NI 43-101 open-pit Mineral Resource Estimate in the Pelham Zone and step-out drilling along IP chargeability anomalies in the South-Pelham area. Readers can follow reports of near-surface gold mineralization, visible gold in historical core, high-sulphide surface showings, and the relationship between sulphide content, IP responses, and gold grades.
Dynasty’s news flow also covers corporate and financing developments, such as non-brokered private placements using flow-through and non-flow-through units to fund exploration at Thundercloud, as well as the company’s participation in mining investment conferences. Technical updates often include commentary from Qualified Persons under NI 43-101, along with references to the Thundercloud NI 43-101 Independent Technical Report.
This page aggregates these announcements so investors and observers can review exploration milestones, drill plans, assay highlights, and strategic initiatives affecting Dynasty Gold’s projects in Ontario and at its Golden Repeat project in the Midas camp of Nevada. For ongoing insight into the company’s exploration trajectory and project-level developments, this news feed provides a centralized view of DGDCF-related disclosures.
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.
Dynasty Gold Corp (TSXV: DYG) (OTC Pink: DGDCF) will present at the PDAC 2025 Convention from March 2-5 at the Metro Toronto Convention Centre. The company's presentation is scheduled for March 4th at 3:30 PM ET at the Investment Hub theater.
The company is exploring two 100% owned gold projects: Thundercloud in Ontario and Golden Repeat in Nevada. The flagship Thundercloud project, located 47km south of Dryden, has yielded impressive drilling results including:
- 8.4 g/t gold over 73.5 meters
- 11 g/t over 12 meters within 3.2 g/t over 70.5 meters
- 1.0 g/t over 163 meters
- 1.61 g/t over 94.5 meters
A new mineralized zone was discovered 1km south of the Pelham Zone in fall 2024. The company plans to focus its 2025 drilling program on this new discovery and expanding the existing Pelham Zone resource. The project is fully funded with no debt.
Dynasty Gold Corp (DGDCF) has announced significant drill results from its 2,673-meter drill program at the Thundercloud property in northwestern Ontario. Hole DP24-02 returned impressive results of 42m of 3.03 g/t Au within a broader zone of 94.5m of 1.61 g/t Au, starting 45m from surface.
A notable discovery was made in hole DP24-06, located approximately 1 km south of the Pelham Resource, intersecting 4.5 meters of 2.1 g/t Au and 1.5 meters at 3.02 g/t Au within a broader zone of 22.5m of 0.80 g/t Au, starting just 6 meters from surface. This new mineralization in the Contact Zone shows similar characteristics to the Pelham Zone.
The company has completed about 7,400 meters of drilling at the Pelham Zone since 2022. A 2025 spring exploration program is planned, focusing on detailed surface mapping and sampling in the Contact Zone.
Dynasty Gold Corp (TSXV: DYG, OTC: DGDCF) announced that $0.13 warrants will expire on December 15, 2024, at 5 p.m. Vancouver Time. These warrants were issued as part of a December 2022 private placement. Director Roman Shklanka has exercised 300,000 warrants for $39,000. The remaining company warrants are priced at $0.27.
The company reports being well-funded for its 2025 exploration program, which will be announced in the new year. Shklanka highlighted the success at the Thundercloud project since its acquisition from Teck Resources in 2021, noting approximately 150% growth in the NI 43-101 resource due to numerous high-grade and long intercepts in drill holes.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) held its 2024 annual general meeting on October 4, 2024, with over 42% of shares represented. All resolutions were approved, and directors Ivy Chong, Roman Shklanka, Larry Kornze, and Richard Redfern were re-elected. The company provided an update on its Thundercloud project, located 47 km southeast of Dryden, Ontario. Since acquiring the property in 2021, Dynasty has conducted three drill campaigns totaling 7,350 meters, intersecting high-grade gold zones. Recent results include 5.1 g/t over 18 meters with grades up to 24.53 g/t. An internal 3D geological resource model suggests potential for a 150% increase in resource estimate and 50% improvement in grade for an open pit resource. The company is debt-free with approximately 61 million shares outstanding, with 40% owned by insiders and long-term shareholders. Rob McEwen, founder of McEwen Mining Inc., is the largest shareholder with a 9.7% stake.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) has begun phase two of its 2024 exploration program at the Thundercloud property in northwestern Ontario. Recent drill results confirmed grades up to 24.53 g/t gold within a broad zone of mineralization at Pelham, expanding the resource in tonnage and grade. The company anticipates further resource expansion with additional drilling, especially considering gold prices above $2,600 an ounce.
Drilling at the Pelham Zone has delineated mineralization over a 450m strike length and 150m to 200m vertical extent, with typical intercepts averaging between 1 and 8.4 g/t gold. The fall drilling program will focus on testing targets in the West Contact Zone, prioritizing areas associated with chargeability highs and anomalous rock chip samples. Dynasty plans to conduct additional drilling in late 2024 or early 2025 to test for down-dip extensions to the mineralization in the Eastern Pelham Zone.
Dynasty Gold Corp. (TSXV: DYG, OTC Pink: DGDCF) has released assay results for its July 2024 drill program at the Thundercloud property in northwestern Ontario. The program, comprising 2,198 meters, successfully intersected high-grade gold mineralization of 5.13 g/t over 18 meters, including 9.3 g/t over 4.5 meters and numerous 5 to 8+ g/t over 1.5m in TC24-02.
Results confirm the extension of high-grade mineralization discovered in 2022 and 2023, with consistent grades between 5 to 8+ g/t and up to 24.53 g/t. The drilling also intersected broad zones of lower grade mineralization from 25 meters below surface with intercepts between 50 and 136 meters in length for grades up to 1.73 g/t.
The results establish the continuity of mineralization at Pelham over a tested strike length of 450m and vertical extent of 150 to 200m, remaining untested below that depth. Dynasty plans to continue drilling to expand the Pelham Resource and explore the remaining untested 90% of the property.