Dynasty Gold Corp. is pleased to announce that subject to the Exchange's approval, it closes Tranche 1 non-brokered private placement of 1,916,765 units for gross proceeds of $325,850. Each unit consists of one common share at $0.17 and one common share purchase warrant at $0.25 for a period of two years. The Company shall have the right to call the outstanding Warrants for expiry upon 30 days notice in the event that the [...]
Dynasty Gold Corp. is pleased to announce that it plans to complete a non-brokered private placement of up to 2,950,000 units for a gross proceeds of $500,000. Each unit consists of one common share at $0.17 and one common share purchase warrant at $0.25 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 outstanding Warrants for expiry upon [...]
Dynasty Gold Corp. is pleased to announce that a review of all available exploration data has now been completed and planning is underway for the 2022 exploration program at its Thundercloud gold property in the Archean Manitou-Stormy Lakes Greenstone belt in northwestern Ontario, 47 kilometers southeast of Dryden. The initial work will involve a detailed, high resolution, drone-supported airborne magnetic survey over the [...]
Dynasty Gold Corp. is pleased to announce that it has engaged Jemini Capital , a Canadian based consulting firm, for corporate development, marketing and financing services. Jemini will focus on helping the Company to expand its traditional capital markets and to increase its social media visibility. Jemini is a full-service merchant bank advisory firm with extensive experience in assisting natural resources and tech [...]
Dynasty Gold Corp. is pleased to announce that it has received an independent mineral resource estimate report prepared in accordance with National Instrument Resource Estimate Disclosure for Mineral Projects . The report estimates an Inferred Resource of 182,000 ounces gold and is confined to the Pelham Zone in the northern part of the Thundercloud gold project located approximately 47 km southwest of Dryden, Ontario [...]
Dynasty Gold Corp. is pleased to report that it has received final assay results from the summer field program at its 100% owned Thundercloud gold project located approximately 47 km southwest of Dryden, Ontario. The work consisted of grab and channel sampling in and around two trenches excavated based on soil geochemical anomalies related to the West Contact Zone mineralized area at Thundercloud. The Contact Zone has [...]
Dynasty Gold Corp. is pleased to report that pursuant to the Amending Agreement , the Company has made the $100,000 payment to Teck Resources Ltd. . Following the payment, Teck has transferred its 100% interest of the Thundercloud property to Dynasty. Teck has also waived its back-in right per the Amending Agreement. For details of the terms in the Amending Agreement, please refer to the news release dated September 27 [...]
Dynasty Gold Corp. is pleased to announce that it has signed an Amending Agreement with Teck Resources Ltd. whereby Dynasty will be deemed to have exercised its option, pursuant to an option agreement dated January 30, 2018 , on the Thundercloud gold property . Exercise of the option, upon completion of a cash payment, will result in Dynasty acquiring 100% of Teck's interest in the Thundercloud gold property , subject to [...]
Dynasty Gold Corp. is pleased to report that the Company is to restart the channel sampling program in the West Contact Zone on the Thundercloud property. The program was forced to be suspended in the summer due the fire restrictions imposed by the Ministry of Northern Development, Mines, Nature Resources and Forestry to avoid wildfires in northwest Ontario. Prior to the suspension, all of the preparation work required [...]
Karim Mohamedani of 5821 Pioneer Avenue, Burnaby, British Columbia V5H 2X8 has acquired 1,500,000 common shares in the capital of Dynasty Gold Corp. of 1613 - 610 Granville Street, Vancouver British Columbia V6C 3T3 on August 6, 2021. The 1,500,000 common shares that are the subject of this report were purchased through the exercise of warrants at a price of $0.10 each for total consideration of $150,000. The transaction [...]
Dynasty Gold Corp. is pleased to report that it has delivered the first batch of trench samples to the ALS laboratory in Thunder Bay, Ontario for assay. Stripping, washing and geological mapping were completed in the two trenched sites in the West Contact Zone. Rock grab samples were collected before the Ministry of Northern Development, Mines, Natural Resources and Forestry issued an Emergency Area Order to control and [...]
Dynasty Gold Corp. is pleased to report that it has commenced the exploration program on the Thundercloud gold property announced on July 5. The Property is in the Archean Manitou-Stormy Lakes Greenstone belt that is 80 kilometers long by 30 kilometers wide, in Western Ontario. Close to 30 million ounces of gold have been discovered in the area in recent years and there are several large-scale mining operations in close [...]
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