Dynasty Gold Corp. is pleased to announce that drilling on the Thundercloud gold property has commenced. A total of 3000 meters of drilling is planned. Initially, the drill program comprises 4 drill holes, totalling approximately 1000 meters, in the Pelham target area, which hosts a NI43-101 calculated resource of 182,000 oz. The first hole, now being drilled, is several meters away from a previous gold-mineralized hole [...]
Dynasty Gold Corp. is pleased to announce that, subject to the Exchange's approval, it closes Tranche 1 non-brokered flow-through private placement of 3,458,000 units for gross proceeds of $363,090. Each unit consists of one flow-through common share at $0.105 and one common share purchase warrant at $0.15 for a period of two years. The Company shall have the right to call the outstanding Warrants for expiry upon 20 days [...]
Dynasty Gold Corp. is pleased to announce that George Downing Estate Drilling Ltd. has mobilized a drill rig onto the Thundercloud gold property and the Dynasty's technical team has also arrived at Thundercloud for final preparations to drill. Drilling will start as soon as the drill pad is completed and all necessary equipment is in place. The first phase of drilling at the Pelham Zone should expand the currently [...]
Dynasty Gold Corp. is pleased to announce that the current field program for the Thundercloud gold project in northwest Ontario has been completed. George Downing Estate Drilling Ltd. has been hired to do the drilling and expected to start in the early part of October. This drilling should further improve the understanding of the resource in the Pelham Zone and increase the tonnage of 182,000 oz gold resource that is [...]
Dynasty Gold Corp. is pleased to announce that it plans to complete a non-brokered private placement of up to 7,000,000 units of Flow-Through shares for a gross proceeds of $735,000. Each unit consists of one flow-through share at $0.105 and one common share purchase warrant at $0.15 for a period of two years. The financing is subject to TSX Venture Exchange's approval. The Company shall have the right to call the [...]
Dynasty Gold Corp. is pleased to announce that the field work for the Thundercloud Project exploration program is now underway. A crew has been mobilized to the Property. The work will focus on preparation for drilling in the Pelham Zone where an inferred resource of 182,000 ounces of gold was previously established as presented in a NI43-101 resource estimate report by Fladgate Exploration Consulting. Please see Dynasty [...]
Vancouver, Canada: Dynasty Gold Corp. announces that subject to the Exchange's approval, it intends to grant 950,000 five-year incentive stock options to directors, officers, advisors and consultants of the Company. The options are granted in accordance with the terms of the Company's stock option plan. They are exercisable at a price of $0.12 per share and vest over a period of 18 months. About Dynasty Gold Corp. [...]
Dynasty Gold Corp. is pleased to announce that the high resolution airborne magnetic survey has now been competed at the Thundercloud Project in northwest Ontario by Pioneer Exploration Consultants Ltd. The program, which was drone supported, used 50-meter spaced flight lines oriented approximately east-west over the entire survey block. As well, a detailed area using north flight lines covered the Pelham Zone area where [...]
Dynasty Gold Corp. is pleased to announce the commencement of its summer 2022 exploration program in its 100% owned Thundercloud gold property located 47 kilometers southwest of Dryden, in Northwest, Ontario. The field program will begin with a detailed, high resolution, drone supported airborne magnetic survey over the Pelham and West Contact zone exploration areas, and is expected to start in early/mid-July 2022. This [...]
Dynasty Gold Corp. is pleased to report that it has located results for an additional 15 holes drilled between 1986 and 1988 by Noranda Exploration on the Thundercloud property in the Northwestern Ontario. This data was not included in the recent NI 43-101 Pelham resource estimate published in January of this year. See press release dated January 4, 2022. The table below summarizes some highlights from the newly located [...]
Dynasty Gold Corp. is responding to an article published by the Globe and Mail on April 11, 2022 in which Dynasty Gold was named with Walmart, Lululemon and Amazon Canada for allegedly employing or using goods made with forced labour in the Xinjiang province of China. According to the article, a complaint has been made to the Canadian Ombudsperson for Responsible Enterprise . The Company has no current operation in [...]
Dynasty Gold Corp. is pleased to announce that subject to the Exchange's approval, it has closed tranche two of its non-brokered private placement of 1,058,000 units for gross proceeds of $179,860. The first tranche was closed on March 14, 2022. As a result of this offering, a total of 2,974,765 units will be issued for gross proceed of $505,710. Each unit consists of one common share at 17 cents and one common share [...]