23:06:30 EST Wed 14 Jan 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Dynasty Gold Corp (2)
Symbol DYG
Shares Issued 73,950,713
Close 2026-01-14 C$ 0.17
Market Cap C$ 12,571,621
Recent Sedar+ Documents

Dynasty finds gold mineralization in South-Pelham zone

2026-01-14 19:19 ET - News Release

Ms. Ivy Chong reports

DYNASTY CONFIRMS WIDESPREAD, NEAR-SURFACE GOLD MINERALIZATION IN NEW SOUTH-PELHAM ZONE, METALLIC SCREENING TEST ON 2022 DRILL CORE YIELDED 81.5 G/T OVER 1.5M

Dynasty Gold Corp. has discovered near-surface gold mineralization in all three stepout holes, 1.5 kilometres (km) from the Pelham resource, in the previously untested new South-Pelham zone. The recent drill program tested an IP (induced polarization) chargeability anomaly coincident with bedrock sulphide occurrences and areas with anomalous gold values within trenches related to previous exploration by Teck Resources Ltd. in 2007 and 2008. The drill holes intersected multiple zones of disseminated pyrite with associated gold mineralization at downhole depths ranging from 27.5 to 201 metres (m) (see the attached table), similar to the mineralization in the Pelham zone. Mineralization is open to expansion in multiple directions. The correlation of gold mineralization with iron (Fe) sulphide minerals and IP chargeability anomalies in both the Pelham and South-Pelham zones provides encouragement for drill testing of the many other IP anomalies that lie along a 2.5 km north-south trend within the central property area.

The company also tested the metallic screening process for high gold assays on previously analyzed core samples. The metallic screened assay for one 1.5 m core sample from a 2022 drill hole core yielded a gold value of 81.5 grams per tonne (g/t) (120 to 121.5 m in DP22-03), which is 42 per cent higher compared with the original 57.3 g/t assay. Additional testing will be carried out on the high-grade samples from the Pelham zone. More assay results are expected in the coming weeks.

Ivy Chong, president and chief executive officer, commented: "The 2025 exploration objectives were to discover additional zones of mineralization both similar and proximal to the Pelham zone. This initial near-surface discovery in the South-Pelham zone is highly encouraging as all three holes, for which assay results have been received, intersected mineralization within the first 50 metres of surface, confirming the widespread mineralization in this part of the property. It paves the way for additional drilling in 2026 to unlock the Thundercloud value beyond the Pelham zone."

Drill hole TC25-01 was positioned approximately 100 m southeast of TC24-06 to test whether the mineralization in that hole was indicated by the projected southwestward extension of the IP chargeability anomaly. Hole TC25-03, positioned 100 m southeast of TC25-01, was designed to test high-sulphide bedrock occurrences discovered earlier in the 2025 summer mapping program where a rock chip sample returned 2.35 g/t gold (5334204E, 547037N). The high-sulphide outcrops are located within IP chargeability anomalies. TC25-03 is interpreted to have intersected the downdip extension of the sulphide occurrences. TC25-04, positioned approximately 300 m southeast of TC25-03, targeted Teck's trench T1 (2007); this hole confirmed widespread pyrite occurrences and anomalous gold mineralization in this area.

Hole TC25-01 (minus-45.5-degree inclination) intersected a wide zone of 10 to 25 per cent disseminated to stringer and fracture-fill pyrite at a downhole depth from 40.6 to 46.6 m, assaying 1.37 g/t over six m. The mineralization is hosted within a mixed sequence of altered mafic volcanic and derived fine-grained sedimentary rocks characterized by distinctively coloured, hematitic alteration and silicification. The heavily pyritized zone is flanked by adjacent intervals containing 1 to 5 per cent pyrite, giving an overall mineralized width of 13.0 m (36.3 m to 49.6 m), assaying 0.68 g/t.

Hole TC25-03 (minus-46-degree inclination) confirmed farther easterly, downdip extension of the sulphide zone, with a nine m interval, between 38.0 and 47.0 m, at 0.54 g/t gold. Mineralization is characterized by patchy, 5 to 10 per cent disseminated and fracture-fill pyrite, with localized concentrations up to 15 per cent. The host rock sequence is composed of mixed mafic volcanic and volcaniclastic to sedimentary rocks, showing similar tan to slightly maroon hematitic staining with overprinting silicification. The upper limit of the mineralized zone is defined by a quartz-porphyry intrusive contact. However, a 1.5 m section of the porphyry between 41.0 and 42.5 m contains 1 to 2 per cent pyrite and assayed at 2.16 g/t gold.

A second sulphide-rich zone, 10.7 m wide, occurs between 87.0 and 97.6 m depth and has similar-style pyrite mineralization, with subordinate pyrrhotite and chalcopyrite, within silicified and carbonate-altered mafic volcanic rocks.

Hole TC25-04 (minus-45-degree inclination), the farthest south, located 300 m south of hole TC-25-03, targeted an outlying, or second IP chargeability anomaly and a former trench site where historical grab sample assay results of up to 0.596 g/t gold were obtained. The deeper part of the drill hole tested an area below a cluster of historical soil geochemical anomalies with analytical values of up to 0.5 g/t gold, as reported by Teck in 2008. Core from this drill hole contained numerous, narrow to broad zones of silicification containing low to moderate amounts of pyrite mineralization (2 to 7 per cent), with localized concentrations of up to 20 per cent pyrite over narrow widths (two to 20 centimetres (cm)), throughout most of its length.

Quality assurance and quality control

Core was logged, sample intervals selected and sawn at the property site under the supervision of the company's consulting geologist. Samples were securely transported and personally delivered to Actlab in Dryden, Ont., for Au-AA23 gold fire assays and ME-ICP61 multielement packages for minor element analyses. OREAS standards, blanks and duplicates were inserted into the sample stream to verify the comparative accuracy of the gold assays received. Following standard crush and grind sample preparation, samples were analyzed for gold by fire assay methods and multielement geochemical analysis using a four-acid-dissolution.

The technical content of this news release has been reviewed and approved by Peter Holbek, MSc, PGeo, an independent consultant to 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 is a Canadian mineral exploration company currently focused on gold exploration in North America. Its 100-per-cent-owned Thundercloud property is situated within the Archean Manitou-Stormy Lakes greenstone belt in Northwestern Ontario. The company is currently drilling to expand the National Instrument 43-101 gold resource. An NI 43-101 resource estimate report can be found on the company's website and on SEDAR+. The 100-per-cent-owned Golden Repeat gold project in the Midas gold camp in Elko county in Nevada shares similar geological features as the Midas gold mine and is surrounded by a number of large-scale operating mines.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.