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Dynasty Gold Corp (2)
Symbol DYG
Shares Issued 73,950,713
Close 2026-07-07 C$ 0.135
Market Cap C$ 9,983,346
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Dynasty Gold begins drilling at Thundercloud

2026-07-07 22:37 ET - News Release

Ms. Ivy Chong reports

DYNASTY BEGINS DRILLING AT 100%-OWNED THUNDERCLOUD, ONTARIO

Dynasty Gold Corp. has commenced its 2026 phase 1 drilling at its 100-per-cent-owned Thundercloud property, located 47 kilometres southeast of Dryden, Ont.

The drilling rig has been moved to the South Pelham target, where drill hole TC24-06, drilled on the boundary of the induced polarization (IP) chargeability anomaly, discovered mineralization six metres (m) from the surface, returning 0.8 gram per tonne (g/t) over 22.5 m. Two nearby follow-up holes drilled in 2025 also intersected near-surface mineralization. Current drilling is being conducted in a southerly direction, targeting a mineralized extension to that found in the Pelham zone, where a number of high-grade drill results were obtained by Dynasty (refer to table 1).

After completing test drilling in the South-Pelham chargeability anomaly, the drill will be moved to the Pelham Main zone to test for high-grade gold feeder zones and possible downdip extensions of the northeast-plunging higher-grade shoots (modelled using Seequent's Leapfrog software), with the goal of increasing the existing National Instrument 43-101 open-pit gold resource.

The objective of this year's program is to discover additional mineralization along the north-south corridor in the central parts of the property and to increase the resource in the Pelham zone.

The technical information in 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, with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and in the Midas gold camp in Nevada. The company is currently advancing its Thundercloud gold resource in Northwestern Ontario. An NI 43-101 independent technical report, dated Sept. 27, 2021, 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, Nevada, is surrounded by a number of large-scale operating mines and shares similar geological features as the Midas gold mine.

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