Dynasty Gold Announces 2024 Annual General Meeting Results and Provides Thundercloud Drilling Update
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) ha tenuto la sua assemblea generale annuale nel 2024 il 4 ottobre 2024, con oltre il 42% delle azioni rappresentate. Tutte le risoluzioni sono state approvate e i direttori Ivy Chong, Roman Shklanka, Larry Kornze, e Richard Redfern sono stati rieletti. L'azienda ha fornito un aggiornamento sul suo progetto Thundercloud, situato a 47 km a sud-est di Dryden, Ontario. Dall'acquisizione della proprietà nel 2021, Dynasty ha condotto tre campagne di perforazione per un totale di 7.350 metri, intercettando zone d'oro ad alta qualità. I risultati recenti includono 5,1 g/t su 18 metri con gradi fino a 24,53 g/t. Un modello geologico interno in 3D suggerisce un potenziale per un aumento del 150% nella stima delle risorse e un miglioramento del 50% nel grado per una risorsa a cielo aperto. L'azienda è priva di debiti con circa 61 milioni di azioni in circolazione, di cui il 40% di proprietà di insider e azionisti di lungo termine. Rob McEwen, fondatore di McEwen Mining Inc., è il maggiore azionista con una partecipazione del 9,7%.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) celebró su reunión anual de accionistas 2024 el 4 de octubre de 2024, con más del 42% de las acciones representadas. Todas las resoluciones fueron aprobadas y los directores Ivy Chong, Roman Shklanka, Larry Kornze, y Richard Redfern fueron reelegidos. La compañía proporcionó una actualización sobre su proyecto Thundercloud, ubicado a 47 km al sureste de Dryden, Ontario. Desde que adquirió la propiedad en 2021, Dynasty ha realizado tres campañas de perforación que totalizan 7,350 metros, intersectando zonas de oro de alta ley. Los resultados recientes incluyen 5.1 g/t en 18 metros con leyes de hasta 24.53 g/t. Un modelo de recursos geológicos interno en 3D sugiere un potencial para un aumento del 150% en la estimación de recursos y una mejora del 50% en la ley para un recurso a cielo abierto. La compañía está libre de deudas con aproximadamente 61 millones de acciones en circulación, de las cuales el 40% son propiedad de insiders y accionistas a largo plazo. Rob McEwen, fundador de McEwen Mining Inc., es el mayor accionista con una participación del 9.7%.
다이나스티 골드 주식회사 (TSXV: DYG) (OTC Pink: DGDCF)는 2024년 10월 4일 연례 총회를 개최하였으며, 42% 이상의 주식이 출석하였습니다. 모든 결의안이 승인되었고, 이사 Ivy Chong, Roman Shklanka, Larry Kornze, Richard Redfern가 재선임되었습니다. 회사는 온타리오주 드라이든에서 남동쪽으로 47km 떨어진 곳에 위치한 썬더클라우드 프로젝트에 대한 업데이트를 제공하였습니다. 2021년 해당 자산을 인수한 이후, 다이나스티는 7,350미터에 걸쳐 세 차례의 시추 캠페인을 수행하여 고품질 금광을 발견했습니다. 최근 결과에는 18미터에서 5.1 g/t 및 최고 24.53 g/t의 등급이 포함됩니다. 내부 3D 지질 자원 모델은 자원 추정치의 150% 증가 및 등급의 50% 개선 가능성을 제시합니다. 회사는 부채가 없으며 약 6,100만 주가 발행되어 있고, 그 중 40%는 내부자와 장기 주주가 소유하고 있습니다. Rob McEwen은 McEwen Mining Inc.의 창립자로, 9.7%의 지분을 보유한 최대 주주입니다.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) a tenu son assemblée générale annuelle 2024 le 4 octobre 2024, avec plus de 42 % des actions représentées. Toutes les résolutions ont été approuvées et les administrateurs Ivy Chong, Roman Shklanka, Larry Kornze, et Richard Redfern ont été réélus. La société a fourni une mise à jour sur son projet Thundercloud, situé à 47 km au sud-est de Dryden, Ontario. Depuis l'acquisition de la propriété en 2021, Dynasty a mené trois campagnes de forage totalisant 7 350 mètres, interceptant des zones d'or de haute qualité. Les résultats récents incluent 5,1 g/t sur 18 mètres avec des teneurs allant jusqu'à 24,53 g/t. Un modèle interne de ressources géologiques en 3D suggère un potentiel pour une augmentation de 150 % de l'estimation des ressources et une amélioration de 50 % de la teneur pour une ressource en carrière à ciel ouvert. L'entreprise n'a pas de dettes et possède environ 61 millions d'actions en circulation, dont 40 % sont détenues par des initiés et des actionnaires à long terme. Rob McEwen, fondateur de McEwen Mining Inc., est le principal actionnaire avec une participation de 9,7 %.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) hielt seine Jahreshauptversammlung 2024 am 4. Oktober 2024 ab, wobei über 42% der Aktien vertreten waren. Alle Beschlüsse wurden genehmigt, und die Direktoren Ivy Chong, Roman Shklanka, Larry Kornze und Richard Redfern wurden wiedergewählt. Das Unternehmen gab ein Update zu seinem Thundercloud-Projekt, das 47 km südöstlich von Dryden, Ontario, liegt. Seit der Übernahme des Grundstücks im Jahr 2021 hat Dynasty drei Bohrkampagnen mit insgesamt 7.350 Metern durchgeführt und hochwertige Goldzonen durchstoßen. Die kürzlichen Ergebnisse umfassen 5,1 g/t über 18 Meter mit Gehalten von bis zu 24,53 g/t. Ein internes 3D-geologisches Ressourcenmodell deutet auf ein Potenzial für eine 150%ige Erhöhung der Ressourcenschätzung und eine 50%ige Verbesserung der Gehalte für eine Tagebaurressource hin. Das Unternehmen ist schuldenfrei und hat etwa 61 Millionen Aktien ausgegeben, von denen 40% im Besitz von Insidern und langfristigen Aktionären ist. Rob McEwen, Gründer von McEwen Mining Inc., ist der größte Aktionär mit einer Beteiligung von 9,7%.
- High-grade gold intersections in Thundercloud project drilling, including 5.1 g/t over 18 meters
- Internal 3D geological resource model suggests potential 150% increase in resource estimate and 50% improvement in grade
- Solid financial position with no debt
- Strong insider and long-term shareholder ownership at 40%
- Rob McEwen, prominent mining figure, owns 9.7% of the company as largest shareholder
- None.
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to report the results from its 2024 annual general meeting held on Friday, Oct. 4, 2024. Total vote counts represent more than
| Ivy Chong | |
| Roman Shklanka | |
| Larry Kornze | |
| Richard Redfern |
Dynasty would like to thank its shareholders for their votes and attendance at the meeting.
Thundercloud Project Progress Update
The Company's brownfield Thundercloud project is in an emerging gold camp located in the Manitou-Stormy Lake greenstone belt in Ontario, 47 kilometers southeast of Dryden, a city which is equipped with mining amenities. Following a
Based on 2022 and 2023 drill results, an internally generated 3D geological resource model indicated that the NI 43-101 resource estimate (Sept. 27, 2021) can potentially grow by
Roman Shklanka, Ph.D. (Geology), Director, states: "This project looks very promising of becoming a mine, given these grades and shallow intercepts. Large tonnage is not required for profitability. Additional drilling will further define mineralization along strike and at depth to unlock the total property potential."
What to Expect
More results from the recently completed drill program are expected soon.
An exploratory drill program in the West Contact zone has begun. It aims to further test the currently obtained trench assay of 8.04 g/t over 39 meters. Other drill holes will test area of chargeability highs. These targets are about 500 meters to 1 kilometer south of the Pelham resource where there is no previous drilling. Results are expected in the next few weeks.
Financial Position and Share Ownership
Dynasty maintains a solid financial position with no debt and approximately 61 million shares issued and outstanding. About
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 Lake 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 Sept. 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/226251
FAQ
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