Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Boast
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Posted On: 09/19/2024 7:25:11 PM
Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Boasts North American Gold Projects of High-Grade Gold Content
- Dynasty Gold represents a significant investor opportunity in the secure North American gold market, holding a still small market resting on an impressive portfolio potential.
- The company has two 100% owned gold assets (Ontario and Nevada) in two of the most desirable mineral belts in North America.
- Thundercloud project hosts a measured and indicated resource of 232,000 oz at 8.04 g/t, an impressive high-grade for an open–pit mine, or 439,000 at 2.14 g/t (internal resource estimate, not NI43-101), a robust open-pit mine. The drill holes are shallow holes of less than 250 meters in length and it opens at depth.
- Investment potential in both properties is further boosted by their proven historical locations and easy access to key mining infrastructure.
- Recently completed Phase 1 drilling at flagship Thundercloud Property indicates the presence of a robust mineralized system.
- The company’s strategic focus is to expand its resource base with similar high-potential properties while advancing current exploration efforts.
Canadian gold exploration company Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) is rapidly emerging as a key player in the sector, due to its portfolio, its recent drilling results, and the unique position it has in the industry, along with a small market cap compared to the huge potential of its assets.
Specifically, Dynasty made rapid progress in developing its Thundercloud asset in Ontario since its acquisition of the project in October 2021:
In the last two short years Dynasty has advanced the Thundercloud resource from 137,000 inferred resource at 1.37 g/t to 232,000 oz measured and indicated at 8.04 g/t of 3.03 g/t (its internal resource estimates. An impressive high-grade resource for an open-pit mine. At 0.5 g/t cut-off, the project is boosted to 439,000 oz at 2.14 g/t. 90% of drill holes are shallow holes and less than 250m in length and 90% of the property untested by drilling. The company continues to drill to increase the resource.
All of these factors make Dynasty Gold an attractive option for investors looking to support a fast-growing company in an expanding sector, with realistic potential for substantial gains.
The company has two 100% owned gold assets located in two of the most profitable mining camps in Canada and the United States:
Thundercloud Property (Ontario)
Strategically located in the Archean Manitou-Stormy Lakes Greenstone belt in Western Ontario, with a geological setting similar to the Abitibi belt but much less explored, the Thundercloud Property, Dynasty Gold’s flagship project, covers approximately 5,560 acres. The property has easy access to excellent infrastructure, being situated 47 kilometers southeast of the resource-based town of Dryden, Ontario and accessible via the Trans-Canada Highway. Ontario is renowned for rich mineral deposits and supportive mining infrastructure and Dryden provides key infrastructure for mining operations.
The property has significant potential for bulk-tonnage orogenic gold mineralization, with high-grade mineralization. Approximately 30 million ounces of gold have been discovered in the area over the last few years.
Dynasty Gold has recently completed Phase 1 of its 2024 Drill Program at the property, with impressive results. “Dynasty completed Phase 1 of the 4,000 meters planned drilling, consisting of 11 holes for a total of 2,198 meters,” Ivy Chong, President and CEO, was quoted as saying in a company press release (https://nnw.fm/w8DEz).
“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,” Chong added. Similar mineralization was intersected within the three holes drilled approximately 300m to the west under an area with multiple small historic exploration pits.
Selected Previous High Grades Intervals
72.2 g/t over 6.5m – DP22-03
65.2 g/t over 3.0m – DP22-02
38.3 g/t over 1.0m – PH88-10
37.5 g/t over 1.0m – TC08-11
19.3 g/t over 3.0m – DP23-01
18.3 g/t over 3.0m – DP23-01
11.2 g/t over 3.0m – DP23-10
11.0 g/t over 12m – DP23-04
10.4 g/t over 6.0m – DP23-03
8.8 g/t over 7.5m – DP23-10
8.3 g/t over 3.0m – DP22-05
7.1 g/t over 14.8m-DP23-03
July of this year drill results are pending. Drilling was set to recommence in September to test the remaining 90% of the property untested by drilling. This area has huge potential for more gold discovery. The goal is to increase the resource to 1 million oz.
The high-grade intercepts indicate the presence of a robust mineralized system, which can further boost the project’s resource estimate and the company’s profile on the market. This degree of mineralization at a comparatively shallow depth (less than 250 meters, while similar projects often need to drill 700+ meters for similar results) further enhances the project’s attractiveness to investors.
The Golden Repeat Property (Nevada)
Strategically located in the prolific Midas region, along the Carlin Trend within the Northern Nevada Rift, the property covers approximately 968 acres, comprising 49 mining claims. These claims share geological similarities with gold properties in the Midas Gold Camp, with epithermal bonanza-style high grade gold-and-silver deposits. The property has easy access to key mining infrastructure, is surrounded by other major gold mines and is easily accessible from Interstate 80.
The Golden Repeat project was briefly explored in the 1990s, when Gold Fields and Romarco Minerals drilled five holes. Dynasty Gold drilled three more holes in 2011, leaving a large portion of the property untested by drilling.
While continuing exploration at its two key projects, Dynasty Gold plans to expand its portfolio with other quality, high potential properties with good infrastructure in mineral-reach areas, with the ultimate goal of increasing shareholder value and cementing its role in the expanding gold market. According to 2023 statistics from the Word Gold Council, the physical financial gold market – made up of bars, coins, gold ETFs and central bank reserves – is worth nearly $5 trillion (https://nnw.fm/sh0Yd ). Gold prices have also shown a rising trend recently, with the spot price of gold reaching $2,577 per ounce as of Sept. 17, 2024 (https://nnw.fm/uLIOe ).
With an experienced exploration team led by seasoned geologists with proven track records in mineral discoveries, and with a unique market position highlighted by its minuscule market capitalization with significant asset potential, Dynasty Gold is on track to becoming a key player in the sector, offering investors and shareholders access to attractive opportunities and a solid return on investment.
For more information about the company, visit www.DynastyGoldCorp.com and see its Investor Presentation at https://nnw.fm/gGb1k.
NOTE TO INVESTORS: The latest news and updates relating to DGDCF are available in the company’s newsroom at https://nnw.fm/DGDCF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
- Dynasty Gold represents a significant investor opportunity in the secure North American gold market, holding a still small market resting on an impressive portfolio potential.
- The company has two 100% owned gold assets (Ontario and Nevada) in two of the most desirable mineral belts in North America.
- Thundercloud project hosts a measured and indicated resource of 232,000 oz at 8.04 g/t, an impressive high-grade for an open–pit mine, or 439,000 at 2.14 g/t (internal resource estimate, not NI43-101), a robust open-pit mine. The drill holes are shallow holes of less than 250 meters in length and it opens at depth.
- Investment potential in both properties is further boosted by their proven historical locations and easy access to key mining infrastructure.
- Recently completed Phase 1 drilling at flagship Thundercloud Property indicates the presence of a robust mineralized system.
- The company’s strategic focus is to expand its resource base with similar high-potential properties while advancing current exploration efforts.
Canadian gold exploration company Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) is rapidly emerging as a key player in the sector, due to its portfolio, its recent drilling results, and the unique position it has in the industry, along with a small market cap compared to the huge potential of its assets.
Specifically, Dynasty made rapid progress in developing its Thundercloud asset in Ontario since its acquisition of the project in October 2021:
In the last two short years Dynasty has advanced the Thundercloud resource from 137,000 inferred resource at 1.37 g/t to 232,000 oz measured and indicated at 8.04 g/t of 3.03 g/t (its internal resource estimates. An impressive high-grade resource for an open-pit mine. At 0.5 g/t cut-off, the project is boosted to 439,000 oz at 2.14 g/t. 90% of drill holes are shallow holes and less than 250m in length and 90% of the property untested by drilling. The company continues to drill to increase the resource.
All of these factors make Dynasty Gold an attractive option for investors looking to support a fast-growing company in an expanding sector, with realistic potential for substantial gains.
The company has two 100% owned gold assets located in two of the most profitable mining camps in Canada and the United States:
Thundercloud Property (Ontario)
Strategically located in the Archean Manitou-Stormy Lakes Greenstone belt in Western Ontario, with a geological setting similar to the Abitibi belt but much less explored, the Thundercloud Property, Dynasty Gold’s flagship project, covers approximately 5,560 acres. The property has easy access to excellent infrastructure, being situated 47 kilometers southeast of the resource-based town of Dryden, Ontario and accessible via the Trans-Canada Highway. Ontario is renowned for rich mineral deposits and supportive mining infrastructure and Dryden provides key infrastructure for mining operations.
The property has significant potential for bulk-tonnage orogenic gold mineralization, with high-grade mineralization. Approximately 30 million ounces of gold have been discovered in the area over the last few years.
Dynasty Gold has recently completed Phase 1 of its 2024 Drill Program at the property, with impressive results. “Dynasty completed Phase 1 of the 4,000 meters planned drilling, consisting of 11 holes for a total of 2,198 meters,” Ivy Chong, President and CEO, was quoted as saying in a company press release (https://nnw.fm/w8DEz).
“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,” Chong added. Similar mineralization was intersected within the three holes drilled approximately 300m to the west under an area with multiple small historic exploration pits.
Selected Previous High Grades Intervals
72.2 g/t over 6.5m – DP22-03
65.2 g/t over 3.0m – DP22-02
38.3 g/t over 1.0m – PH88-10
37.5 g/t over 1.0m – TC08-11
19.3 g/t over 3.0m – DP23-01
18.3 g/t over 3.0m – DP23-01
11.2 g/t over 3.0m – DP23-10
11.0 g/t over 12m – DP23-04
10.4 g/t over 6.0m – DP23-03
8.8 g/t over 7.5m – DP23-10
8.3 g/t over 3.0m – DP22-05
7.1 g/t over 14.8m-DP23-03
July of this year drill results are pending. Drilling was set to recommence in September to test the remaining 90% of the property untested by drilling. This area has huge potential for more gold discovery. The goal is to increase the resource to 1 million oz.
The high-grade intercepts indicate the presence of a robust mineralized system, which can further boost the project’s resource estimate and the company’s profile on the market. This degree of mineralization at a comparatively shallow depth (less than 250 meters, while similar projects often need to drill 700+ meters for similar results) further enhances the project’s attractiveness to investors.
The Golden Repeat Property (Nevada)
Strategically located in the prolific Midas region, along the Carlin Trend within the Northern Nevada Rift, the property covers approximately 968 acres, comprising 49 mining claims. These claims share geological similarities with gold properties in the Midas Gold Camp, with epithermal bonanza-style high grade gold-and-silver deposits. The property has easy access to key mining infrastructure, is surrounded by other major gold mines and is easily accessible from Interstate 80.
The Golden Repeat project was briefly explored in the 1990s, when Gold Fields and Romarco Minerals drilled five holes. Dynasty Gold drilled three more holes in 2011, leaving a large portion of the property untested by drilling.
While continuing exploration at its two key projects, Dynasty Gold plans to expand its portfolio with other quality, high potential properties with good infrastructure in mineral-reach areas, with the ultimate goal of increasing shareholder value and cementing its role in the expanding gold market. According to 2023 statistics from the Word Gold Council, the physical financial gold market – made up of bars, coins, gold ETFs and central bank reserves – is worth nearly $5 trillion (https://nnw.fm/sh0Yd ). Gold prices have also shown a rising trend recently, with the spot price of gold reaching $2,577 per ounce as of Sept. 17, 2024 (https://nnw.fm/uLIOe ).
With an experienced exploration team led by seasoned geologists with proven track records in mineral discoveries, and with a unique market position highlighted by its minuscule market capitalization with significant asset potential, Dynasty Gold is on track to becoming a key player in the sector, offering investors and shareholders access to attractive opportunities and a solid return on investment.
For more information about the company, visit www.DynastyGoldCorp.com and see its Investor Presentation at https://nnw.fm/gGb1k.
NOTE TO INVESTORS: The latest news and updates relating to DGDCF are available in the company’s newsroom at https://nnw.fm/DGDCF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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