Dynasty Gold Corp. (TSXV: DYG | FSE: D5G1 | OTC: DGDCF) has released additional drill results for its 2,673m drill programme completed in 2024 at the Thundercloud property, located in the Archean Manitou-Stormy Lakes Greenstone belt.
The July drilling has successfully tested the extensions for the eastern limits of the defined mineralization in the Pelham Zone. Additional assays for 19.5m (120 to 139.5m) in hole DP24-02 were received, which combined with previous assays, returned 42m of 3.03g/t Au within a broader zone of 94.5m of 1.61g/t Au, 45m from surface, with consistent high-grades running between 5-8g/t Au and to up to 24.53g/t Au.
“Dynasty continues to deliver impressive broad zones with high-grade intervals three years in a row at the Pelham Zone. This new mineralization discovery in the Contact Zone is an exciting new chapter for the company. It opens up a large new mineralized area for exploration and resource expansion. The mineralization could be further expanded in all directions. We expect to launch a surface exploration programme as soon as weather permits to follow up the targeted area for additional drilling to expand mineralization along strike in the Contact Zone,” said Ivy Chong, president, and CEO.
Drilling in 2023 and 2024 confirmed an extension of gold mineralization to the east of the previously reported discovery hole (8.4g/t of 73.5m) drilled in 2022 at Pelham.
DP24-06 is a new discovery hole drilled in October 2024 in a new area, about 1km south of the Pelham Resource at the boundary of chargeability and magnetic highs. This significant step-out hole intersected 4.5m of 2.1g/t Au and 1.5m at 3.02g/t Au within a broader zone of 22.5m of 0.80g/t Au, starting at 6m from surface, indicating the presence of shallow mineralization in the Contact Zone.
The nature of the intersected mineralization comprises strong structurally controlled pyrite veining similar to the early intercepts at Pelham resource.
Looking ahead, the 2025 spring exploration programme will consist of detailed surface mapping, soil, and rock-chip sampling in the Contact Zone to better delineate the trend and extent of mineralization prior to initiating an exploration drill programme to explore this target area.
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