Dynasty Gold Continues to Hit Multiple High-Grade Intercepts up to 24.53 g/t Gold over a Broad Mineralized Zone in July 2024 Drilling at Thundercloud
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) ha pubblicato i risultati delle analisi del suo programma di perforazione di luglio 2024 presso la proprietà Thundercloud nel nord-ovest dell'Ontario. Il programma, che comprende 2.198 metri, ha intersecato con successo mineralizzazioni aurifere ad alta legge di 5,13 g/t su 18 metri, includendo 9,3 g/t su 4,5 metri e numerosi valori tra 5 e 8+ g/t su 1,5m in TC24-02.
I risultati confermano l'estensione della mineralizzazione ad alta legge scoperta nel 2022 e 2023, con gradi costanti tra 5 e 8+ g/t e fino a 24,53 g/t. La perforazione ha inoltre intersecato ampie zone di mineralizzazione a bassa legge a 25 metri sotto la superficie, con intercettazioni tra 50 e 136 metri di lunghezza per gradi fino a 1,73 g/t.
I risultati stabiliscono la continuità della mineralizzazione a Pelham su una lunghezza di strike testata di 450m e un'estensione verticale di 150 a 200m, rimanendo non testata sotto quella profondità. Dynasty prevede di continuare a perforare per espandere le Risorse di Pelham ed esplorare il restante 90% della proprietà non testata.
Dynasty Gold Corp. (TSXV: DYG, OTC Pink: DGDCF) ha publicado los resultados de los análisis de su programa de perforación de julio de 2024 en la propiedad Thundercloud en el noroeste de Ontario. El programa, que comprende 2,198 metros, intersectó con éxito mineralización de oro de alta ley de 5.13 g/t a lo largo de 18 metros, incluyendo 9.3 g/t en 4.5 metros y numerosos valores de 5 a 8+ g/t en 1.5m en TC24-02.
Los resultados confirman la extensión de la mineralización de alta ley descubierta en 2022 y 2023, con grados consistentes entre 5 y 8+ g/t y hasta 24.53 g/t. La perforación también intersectó amplias zonas de mineralización de baja ley a 25 metros debajo de la superficie, con interceptaciones entre 50 y 136 metros de longitud para grados de hasta 1.73 g/t.
Los resultados establecen la continuidad de la mineralización en Pelham a lo largo de una longitud de strike probada de 450m y una extensión vertical de 150 a 200m, permaneciendo no probada por debajo de esa profundidad. Dynasty planea continuar perforando para expandir el Recurso de Pelham y explorar el 90% restante de la propiedad que no ha sido probada.
다이너스티 골드 주식회사 (TSXV: DYG, OTC Pink: DGDCF)는 온타리오 북서부의 Thundercloud 소유지에서 2024년 7월 드릴 프로그램의 분석 결과를 발표했습니다. 이 프로그램은 2,198미터로 구성되어 있으며, 18미터에 걸쳐 고등급 금 광체 5.13 g/t를 성공적으로 교차하여, 4.5미터에 9.3 g/t 및 TC24-02에서 1.5m에 걸쳐 5에서 8+ g/t의 수치가 다수 포함되었습니다.
결과는 2022년과 2023년에 발견된 고등급 광체의 연장을 확인하며, 5에서 8+ g/t 사이의 일관된 성분과 최대 24.53 g/t까지 나타납니다. 드릴링은 또한 표면에서 25미터 아래에 위치한 넓은 저등급 광체 구역을 교차했으며, 50에서 136미터의 길이로 1.73 g/t까지의 성분을 기록했습니다.
결과는 Pelham에서 450m의 시험된 스트라이크 길이와 150에서 200m의 수직 범위에 걸쳐 광체의 연속성을 확립하며, 그 깊이 아래는 아직 시험되지 않았습니다. 다이너스티는 Pelham 자원을 확장하고 나머지 미시험된 90%의 소유지를 탐사하기 위해 계속 드릴링할 계획입니다.
Dynasty Gold Corp. (TSXV: DYG, OTC Pink: DGDCF) a publié les résultats des analyses de son programme de forage de juillet 2024 sur la propriété Thundercloud dans le nord-ouest de l'Ontario. Le programme, qui comprend 2 198 mètres, a réussi à intercepter une minéralisation aurifère de haute teneur de 5,13 g/t sur 18 mètres, y compris 9,3 g/t sur 4,5 mètres et de nombreux résultats de 5 à 8+ g/t sur 1,5m dans TC24-02.
Les résultats confirment l'extension de la minéralisation de haute teneur découverte en 2022 et 2023, avec des teneurs cohérentes entre 5 et 8+ g/t et jusqu'à 24,53 g/t. Le forage a également intercepté de larges zones de minéralisation de basse teneur à 25 mètres sous la surface, avec des interceptions entre 50 et 136 mètres de longueur pour des teneurs allant jusqu'à 1,73 g/t.
Les résultats établissent la continuité de la minéralisation à Pelham sur une longueur de ligne testée de 450m et une portée verticale de 150 à 200m, restée non testée sous cette profondeur. Dynasty prévoit de continuer le forage pour étendre les ressources de Pelham et explorer les 90 % restants de la propriété qui n'ont pas été testés.
Dynasty Gold Corp. (TSXV: DYG, OTC Pink: DGDCF) hat die Analyseergebnisse für sein Bohrprogramm im Juli 2024 auf dem Thundercloud-Gelände im Nordwesten von Ontario veröffentlicht. Das Programm, das aus 2.198 Metern besteht, hat erfolgreich hochgradige Goldmineralisierung von 5,13 g/t über 18 Meter erbohrt, einschließlich 9,3 g/t über 4,5 Meter und zahlreiche Werte von 5 bis 8+ g/t über 1,5m in TC24-02.
Die Ergebnisse bestätigen die Erweiterung der hochgradigen Mineralisierung, die 2022 und 2023 entdeckt wurde, mit konsistenten Gehalten zwischen 5 und 8+ g/t und bis zu 24,53 g/t. Das Bohren hat auch breite Zonen niedrigrangiger Mineralisierung aus 25 Metern unter der Oberfläche durchteuft, mit Intervallen zwischen 50 und 136 Metern in der Länge für Gehalte von bis zu 1,73 g/t.
Die Ergebnisse belegen die Kontinuität der Mineralisierung bei Pelham über eine getestete Streichenlänge von 450m und eine vertikale Ausdehnung von 150 bis 200m, wobei darunter noch nicht gebohrt wurde. Dynasty plant, das Bohren fortzusetzen, um die Pelham-Ressource zu erweitern und die verbleibenden 90% des Grundstücks zu erkunden, die noch nicht getestet wurden.
- High-grade gold mineralization intercepted: 5.13 g/t over 18 meters, including 9.3 g/t over 4.5 meters
- Consistent high-grade mineralization between 5 to 8+ g/t, with peaks up to 24.53 g/t
- Broad zones of lower grade mineralization up to 1.73 g/t over lengths of 50 to 136 meters
- Continuity of mineralization established at Pelham over 450m strike length and 150-200m vertical extent
- Company is well-funded for 2024 and 2025 exploration programs
- Three exploration holes 300m west of Pelham showed no significant mineralization
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to release assay results for the initial phase of the 2024 drill program comprising 2,198 meters for its Thundercloud property. Thundercloud is located in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern Ontario.
Drilling was designed to test the extensions for the eastern and western limits of the defined mineralization. It has successfully intersected high-grade gold mineralization of 5.13 g/t over 18 meters from 97.5m to 115.5m, including 9.3 g/t over 4.5 meters and numerous 5 to 8+ g/t over 1.5m in TC24-02 (30 meters additional assay results are pending). Results confirm the high-grade mineralization that was discovered in 2022 and 2023 (see Figure 1) extending to the east of Pelham with consistent high grade running between 5 to 8+ g/t and to up to 24.53 g/t, intercepting from less than 100 meters below surface. It remains open at depth. Most holes were shallow within 200 meters of surface. 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 (see Table 1).
"Since our first drill program on Thundercloud in 2022, July of 2024 drilling continued to intersect broad zones of near-surface mineralization with extensive high-grade intervals in most holes. This demonstrates the richness of the gold system on the property for potentially high-grade and bulk-tonnage mineralization," commented Ivy Chong, President and CEO. "During the fall exploration program, we will continue to drill to expand Pelham Resource along strike and at depth, simultaneously expand our footprint to the remaining untested
Table 1. Drill Intercepts Highlights from July 2024 Drilling
| Hole Number | East_NAD83 | North_NAD83 | From (m) | To (m) | Interval (m) | Au (g/t) |
| TC24-02 | 534280.000 | 5471386.000 | 48.0 | 120 | 72.0 | 1.73 |
| Including: | 67.5 | 120 | 52.5 | 2.30 | ||
| 97.5 | 115.5 | 18.0 | 5.13 | |||
| 97.5 | 99 | 1.5 | 6.11 | |||
| 99 | 100.5 | 1.5 | 8.12 | |||
| 100.5 | 102 | 1.5 | 10.62 | |||
| 102 | 103.5 | 1.5 | 1.56 | |||
| 103.5 | 105 | 1.5 | 5.15 | |||
| 105 | 106.5 | 1.5 | 4.13 | |||
| 106.5 | 108 | 1.5 | 5.39 | |||
| 108 | 109.5 | 1.5 | 4.89 | |||
| And | 109.5 | 114.0 | 4.5 | 9.30 | ||
| Including: | 109.5 | 111 | 1.5 | 8.82 | ||
| 111 | 112.5 | 1.5 | 8.43 | |||
| 112.5 | 114 | 1.5 | 24.53 | |||
| And: | 114 | 115.5 | 1.5 | 4.55 | ||
| 115.5 | 117 | 1.5 | 4.31 | |||
| 117 | 118.5 | 1.5 | 2.81 | |||
| 118.5 | 120 | 1.5 | 1.38 | |||
| 120 | 150 | Results | Pending | |||
| TC24-04 | 534186.000 | 5471437.000 | 142.5 | 201.0 | 58.5 | 1.01 |
| Including: | 166.5 | 178.5 | 12.0 | 3.0 | ||
| 166.5 | 168 | 1.5 | 1.23 | |||
| 168 | 169.5 | 1.5 | 0.31 | |||
| And | 169.5 | 175.5 | 6.0 | 5.20 | ||
| Including: | 169.5 | 171 | 1.5 | 13.29 | ||
| 171 | 172.5 | 1.5 | 1.70 | |||
| 172.5 | 174 | 1.5 | 8.73 | |||
| 174 | 175.5 | 1.5 | 7.61 | |||
| And: | 175.5 | 177 | 1.5 | 1.88 | ||
| 177 | 178.5 | 1.5 | 1.28 | |||
| TC24-11 | 534274.359 | 5471464.321 | 135 | 216 | 81.0 | 0.61 |
| Including: | 196.5 | 207 | 10.50 | 2.44 | ||
| 196.5 | 198 | 1.50 | 6.23 | |||
| 198 | 199.5 | 1.50 | 0.12 | |||
| 199.5 | 201 | 1.50 | 0.87 | |||
| And | 201 | 207 | 6.0 | 3.07 | ||
| Including: | 201 | 202.5 | 1.50 | 3.56 | ||
| 202.5 | 204 | 1.50 | 5.54 | |||
| 204 | 205.5 | 1.50 | 3.89 | |||
| TC24-13 | 534089.920 | 5471410.956 | 82.5 | 219.0 | 136.5 | 0.58 |
| Including: | 90 | 106.5 | 16.5 | 1.76 | ||
| 93 | 96 | 3.0 | 4.11 | |||
| 90 | 91.5 | 1.50 | 1.72 | |||
| 91.5 | 93 | 1.50 | 2.27 | |||
| 93 | 94.5 | 1.50 | 5.60 | |||
| 94.5 | 96 | 1.50 | 6.69 | |||
| 96 | 97.5 | 1.50 | 3.26 | |||
| 97.5 | 99 | 1.50 | 1.01 | |||
| 99 | 100.5 | 1.50 | 3.24 | |||
| 100.5 | 102 | 1.50 | 1.86 | |||
| 102 | 103.5 | 1.50 | 1.27 | |||
| 103.5 | 105 | 1.50 | 0.13 | |||
| 105 | 106.5 | 1.50 | 2.01 | |||
| TC24-14 | 534106.865 | 5471343.659 | 25.5 | 78 | 52.5 | 0.51 |
| Including | 49.5 | 58.5 | 9.0 | 1.25 |
Recovery rate is close to
Figure 1. Cross-Section Through Central Pelham Zone Looking to the Northeast (black color is core not assayed)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7227/224199_f75b5bc714404baf_001full.jpg
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. Three exploration holes were drilled 300m to the west of Pelham in an area with abundant historic exploration pits and historic drilling with reported intercepts as high as 30.6 g/t gold over 0.77m (86-PL-06). No significant mineralization was intersected in these holes, probably due to their location within footwall of the north dipping mineralization.
Dynasty will soon announce details for its fall drill program. The Company is well funded for its 2024 and 2025 exploration programs.
Quality Assurance & Quality Control
Core was logged and sample intervals selected in Dynasty's core shack in Dryden, Ontario. It was securely transported, and diamond sawed in the presence of the Company's consulting geologist, and personally delivered to the ALS Global Geochemistry Laboratory in Winnipeg, Manitoba. Dynasty used ALS Global for Au-AA23 gold fire assays and the ME-ICP61 33 multi-elements packages for the minor element analyses. OREAS standards, blanks and duplicates were inserted into the sample stream to check on the comparative accuracy of the gold assays received. Gold fire assays and 4-acid-dissolution geochem analyses were conducted on the samples at the ALS Global Geochemistry Laboratory in Vancouver, B.C., and all gold values higher than 10 g/t were re-assayed by using Au-GRA21 gravimetric fire assays.
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 Sept. 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/224199
FAQ
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