Dynasty Gold Completes Phase 1, Comprising 11 Holes for 2,198 Meters of Core Drilling at Thundercloud
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) ha completato la Fase 1 del suo Programma di Perforazione 2024 presso la proprietà Thundercloud nel nord-ovest dell'Ontario. Il programma ha incluso 11 fori per un totale di 2.198 metri di perforazione. Otto fori all'interno della Zona Pelham hanno incontrato intervalli di forte mineralizzazione da pirite, simile ai precedenti risultati ad alta legge fino a 8.4 g/t di oro su 73.5m. La perforazione ha potenzialmente esteso la mineralizzazione di 50m a nord-est e sud-ovest e fino a 100m sotto i limiti di perforazione precedenti. Sono stati perforati tre ulteriori fori a 300m a ovest della zona principale. I risultati delle analisi sono attesi entro poche settimane, e la perforazione della Fase 2 è programmata per riprendere all'inizio di settembre.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) ha completado la Fase 1 de su Programa de Perforación 2024 en la propiedad Thundercloud en el noroeste de Ontario. El programa consistió en 11 perforaciones que totalizan 2.198 metros de perforación en núcleo. Ocho perforaciones dentro de la Zona Pelham intersectaron intervalos de fuerte mineralización de pirita, similar a los resultados anteriores de alta ley de hasta 8.4 g/t de oro en 73.5m. La perforación posiblemente extendió la mineralización en 50m al noreste y suroeste, y hasta 100m por debajo de los límites de perforación anteriores. Se perforaron tres agujeros adicionales a 300m al oeste de la zona principal. Se esperan resultados de análisis en unas semanas, y la perforación de la Fase 2 está programada para reanudarse a principios de septiembre.
다이너스티 골드 Corp. (TSXV: DYG) (OTC Pink: DGDCF)는 노스웨스트 온타리오의 썬더클라우드(property)에서 2024년 드릴 프로그램의 1단계를 완료했습니다. 이 프로그램은 2,198미터의 코어 드릴링으로 구성된 11개 구멍으로 이루어졌습니다. 펠햄 존의 8개 구멍은 강한 황철광 광물화의 구간을 관통했으며, 이는 이전의 73.5m에 대한 8.4g/t 금의 고품질 결과와 유사합니다. 드릴링은 광물화를 북동쪽과 남서쪽으로 각각 50m, 기존 드릴링 한계에서 최대 100m까지 연장했을 가능성이 있습니다. 주요 구역에서 300m 떨어진 곳에 추가로 3개의 구멍이 뚫렸습니다. 분석 결과는 몇 주 안에 나올 것으로 예상됩니다, 그리고 2단계 드릴링은 9월 초에 재개될 예정입니다.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) a terminé la Phase 1 de son Programme de Forage 2024 sur la propriété Thundercloud dans le nord-ouest de l'Ontario. Le programme a consisté en 11 trous totalisant 2 198 mètres de forage à cœur. Huit trous dans la Zone Pelham ont intercepté des intervalles de forte minéralisation de pyrite, similaire aux résultats précédents de haute teneur allant jusqu'à 8,4 g/t d'or sur 73,5m. Le forage a potentiellement étendu la minéralisation de 50m au nord-est et au sud-ouest, et jusqu'à 100m en dessous des limites de forage précédentes. Trois trous supplémentaires ont été forés à 300m à l'ouest de la zone principale. Les résultats d'analyse sont attendus dans quelques semaines, et le forage de la Phase 2 doit reprendre début septembre.
Dynasty Gold Corp. (TSXV: DYG) (OTC Pink: DGDCF) hat Phase 1 seines Bohrprogramms 2024 auf dem Thundercloud-Gelände im Nordwesten von Ontario abgeschlossen. Das Programm umfasste 11 Löcher mit einer Gesamtlänge von 2.198 Metern Kernbohrungen. Acht Löcher innerhalb der Pelham-Zone durchtrafen Intervalle von starker Pyritmineralisierung, ähnlich wie frühere Ergebnisse mit Gehalten von bis zu 8,4 g/t Gold über 73,5m. Das Bohren hat die Mineralisierung möglicherweise um 50m nach Nordosten und Südwesten sowie bis zu 100m unter den vorherigen Bohrgrenzen ausgeweitet. Drei zusätzliche Löcher wurden 300m westlich der Hauptzone gebohrt. Die Untersuchungsergebnisse werden in den nächsten Wochen erwartet, und das Bohren der Phase 2 soll Anfang September wieder aufgenommen werden.
- Completion of Phase 1 drilling program with 11 holes totaling 2,198 meters
- Eight holes in Pelham Zone intersected strong pyrite mineralization, indicating potential for high-grade gold
- Potential extension of mineralization by 50m laterally and 100m vertically
- Previous high-grade results include 8.4 g/t gold over 73.5m, including 151.7 g/t gold over 3.0m
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2024) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") has completed Phase 1 of its 2024 Drill Program at its Thundercloud property in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern Ontario.
Ivy Chong, the President and CEO, comments, "Dynasty completed Phase 1 of the 4,000 meters planned drilling, consisting of 11 holes for a total of 2,198 meters. The eight holes within the Pelham Zone all intersected intervals from 10+ to 70 meters of strong pyrite veinlets and disseminations similar to that associated with high-grade mineralization in the previous two years of grades up to 8.4 g/t gold over 73.5m including 151.7 g/t gold over 3.0m (Table 1 - previously reported results from DP-22-03, DP-23-04 and DP-23-06). We look forward to receiving the assay results from Phase 1 drilling within the next several weeks and will re-commence drilling in early September, once these results have been analyzed and an additional 10 or more drill holes sited."
"The Wabigoon First Nation community members joined our workforce in this drill program and we thank them for their contribution to make Phase 1 drilling a smooth run."
Eight of the eleven holes were located within the Pelham Zone and intersected encouraging looking pyrite mineralization at depths of as much as 100m below the limits of previous drilling, while also extending the potential extent of mineralization by an additional 50m to the northeast and southwest, typically localized with a 10 to 50m wide zone of more intense foliation or shearing. The mineralized intervals consist of several percent pyrite ± pyrrhotite as multiple veinlets associated with biotite - magnetite alteration with local sericite-carbonate overprinting.
Similar mineralization was intersected within the three holes drilled approximately 300m to the west under an area with multiple small historic exploration pits which were recognized last fall using LiDAR survey.
Table 1: Highlights of 2022/2023 drill results
| Drill Hole Number | From (m) | To (m) | Interval (m) | Au (g/t) |
| DP-22-03 | 88.5 | 162.0 | 73.5 | 8.4 |
| Including | 118.5 | 121.5 | 3.0 | 151.7 |
| DP-23-04 | 99.0 | 163.5 | 64.5 | 3.7 |
| Including | 112.5 | 115.5 | 3.0 | 31.6 |
| DP-23-06 | 100.5 | 157.5 | 57.0 | 2.3 |
| DP-23-12 | 175.5 | 214.5 | 39.0 | 0.73 |
The technical content of this release has been reviewed and approved by E. Max Baker, Ph.D. (F.AusIMM), Technical Director of 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 Lake greenstone belt in Ontario and the Midas gold camp in Nevada. The Company is currently advancing its Thundercloud gold resource in northwest Ontario as outlined in a NI 43-101 Independent Technical Report, dated September 27, 2021 that can be found on the Company 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/219869
FAQ
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What were some of the previous high-grade gold results at Thundercloud?
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