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About Dynasty Gold Corp. (DGDCF)
Dynasty Gold Corp. is a Canadian mineral exploration company with a primary focus on gold exploration in North America. The company is strategically positioned within the gold mining and exploration industry, leveraging its expertise to identify, acquire, and develop high-potential gold properties. Dynasty Gold’s operations are centered around two key projects: the Thundercloud property in the Archean Manitou-Stormy Lakes Greenstone Belt in Ontario, Canada, and the Golden Repeat property in the Midas gold camp in Nevada, USA. Both projects are located in regions known for their prolific gold deposits and are surrounded by active mining operations, providing a favorable context for exploration and potential development.
Core Business and Operations
Dynasty Gold’s business model revolves around the exploration and development of gold-rich properties with the goal of delineating economically viable resources. The company employs advanced exploration techniques, including LiDAR surveys, geophysical mapping, and detailed structural analysis, to identify high-grade mineralization zones. Its flagship project, the Thundercloud property, has shown significant promise, with multiple drill programs revealing high-grade gold intervals, such as 8.4 g/t over 73.5 meters and 24.53 g/t over 18 meters. These results underscore the property’s potential for both high-grade and bulk-tonnage gold mineralization.
Key Projects
- Thundercloud Property (Ontario, Canada): Located in the Archean Manitou-Stormy Lakes Greenstone Belt, this property has been the focus of extensive exploration since its acquisition in 2021. The Pelham Zone, a key area within Thundercloud, has demonstrated consistent high-grade gold mineralization, making it a cornerstone of Dynasty Gold’s exploration efforts. The property also includes the West Contact Zone, which has shown promising initial results, indicating the potential for resource expansion.
- Golden Repeat Property (Nevada, USA): Situated in the Midas gold camp, this 100%-owned property is surrounded by large-scale operating mines. The region’s rich mining history and infrastructure provide a supportive environment for exploration activities.
Competitive Position and Differentiation
Dynasty Gold operates in a competitive landscape that includes both junior exploration companies and established mining firms. The company differentiates itself through its focus on high-grade gold zones, strategic acquisitions, and the use of cutting-edge exploration technologies. Its commitment to thorough geological analysis and resource modeling enhances its ability to attract investor confidence and potential partnerships.
Challenges and Opportunities
While the company faces challenges typical of the exploration sector, such as high operational costs and the inherent risks of resource discovery, it is well-positioned to capitalize on opportunities in the gold market. The rising demand for gold as a safe-haven asset and the company’s focus on underexplored regions with significant geological potential provide a strong foundation for future growth.
Commitment to Expertise and Trust
Dynasty Gold demonstrates its commitment to industry best practices by adhering to the NI 43-101 Standards of Disclosure for Mineral Projects. The company’s exploration programs are overseen by qualified professionals, ensuring the reliability and accuracy of its findings. This dedication to transparency and technical excellence underscores Dynasty Gold’s reputation as a trustworthy player in the gold exploration sector.
Conclusion
Dynasty Gold Corp. (DGDCF) represents a compelling opportunity within the gold exploration industry, combining strategic property acquisitions, advanced exploration techniques, and a focus on high-grade gold mineralization. With its flagship Thundercloud property and the promising Golden Repeat project, the company is poised to make significant contributions to North America’s gold mining landscape.
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.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) has completed Phase 1 of its 2024 Drill Program at the Thundercloud property in northwestern Ontario. The program consisted of 11 holes totaling 2,198 meters of core drilling. Eight holes within the Pelham Zone intersected intervals of strong pyrite mineralization, similar to previous high-grade results of up to 8.4 g/t gold over 73.5m. The drilling potentially extended mineralization by 50m northeast and southwest, and up to 100m below previous drill limits. Three additional holes were drilled 300m west of the main zone. Assay results are expected within weeks, and Phase 2 drilling is set to resume in early September.
Dynasty Gold Corp. (TSXV: DYG, OTC Pink: DGDCF) has provided an update on its current drill program at the Thundercloud property in northwestern Ontario. The company has completed eight holes totaling 1,320 meters out of a planned 4,000-meter program. Highlights include:
- Holes TC-24-01 and -02 tested the upper 100 meters of a high-grade 'shoot' at the Pelham Zone
- TC-24-02 intersected 19 meters of pink calcite veining with some pyrite
- TC-24-11 potentially extended known mineralization 50 meters east
- TC-24-03 intersected strong pyrite veining in a zone of intense shearing
- TC-24-13 and -14 were drilled 150 meters west of high-grade intercepts at Pelham
Previous drilling in 2023 yielded significant results, including 12.0 meters at 11.0 g/t Au in hole DP-23-04.
Dynasty Gold has commenced a 4,000-meter drilling program at its Thundercloud property in the Manitou-Stormy Lakes Greenstone belt, near Dryden, Ontario. This program aims to extend high-grade gold mineralization identified in previous drilling campaigns, which revealed up to 73.5 meters at 8.42 g/t gold and 12 meters at 11.0 g/t gold in specific holes. New exploratory holes will test mineralization in the Pelham West area and the West Contact Zone, targeting historic pits highlighted by a recent LiDAR survey. The company plans to test down-dip extensions of high-grade gold shoots and will release assay results as they become available. Ivy Chong, CEO, expressed optimism about expanding the gold resource and updating the NI 43-101 resource estimate.
Dynasty Gold Corp. (OTC Pink: DGDCF) has initiated fieldwork for its Thundercloud Project. The 2024 drill program focuses on the Pelham Zone, aiming to extend high-grade gold mineralization discovered in 2022. Historic workings in the West Pelham, revealed by a 2023 LiDAR survey, will also be explored. Additionally, drilling will target high-grade trench assays in the West Contact Zone. Local First Nation community members will be involved in the workforce. The technical content was reviewed by E. Max Baker, Ph.D., Technical Director, and a Qualified Person as per National Instrument 43-101 standards.
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