Dynasty finds gold mineralization in South-Pelham zone

Executive Summary

• Dynasty Gold Corp. confirmed widespread, near-surface gold mineralization in the new South-Pelham zone, with all three stepout holes (TC25-01, TC25-03, TC25-04) intersecting mineralization within the first 50 meters of surface depth, 1.5 km from the existing Pelham resource.
• Metallic screening tests on 2022 drill core yielded significantly higher gold grades than original assays, with one 1.5m interval returning 81.5 g/t Au (up from 57.3 g/t), indicating potential for higher-grade material in the Pelham zone.
• The discovery validates IP chargeability anomalies and bedrock sulphide occurrences, paving the way for further drilling in 2026 to expand the Thundercloud property's resource base beyond the Pelham zone.

Key Details

• South-Pelham Zone Discovery:
  • Three stepout holes drilled 1.5 km from the Pelham resource intersected near-surface gold mineralization.
  • Mineralization is open to expansion in multiple directions.
  • Correlation of gold with iron sulphide minerals and IP chargeability anomalies supports further exploration along a 2.5 km north-south trend.
• Hole TC25-01:
  • Intersected a wide zone of 10-25% disseminated to stringer pyrite at 40.6–46.6 m downhole depth.
  • Assayed 1.37 g/t Au over 6 m.
  • Overall mineralized width of 13.0 m (36.3–49.6 m) assaying 0.68 g/t Au.
  • Host rock: Mixed altered mafic volcanic and fine-grained sedimentary rocks with hematitic alteration and silicification.
• Hole TC25-03:
  • Confirmed downdip extension of sulphide zone with a 9 m interval (38.0–47.0 m) at 0.54 g/t Au.
  • Mineralization characterized by 5-10% disseminated and fracture-fill pyrite, with localized concentrations up to 15%.
  • A 1.5 m section of quartz-porphyry intrusive contact (41.0–42.5 m) contained 1-2% pyrite and assayed 2.16 g/t Au.
  • Second sulphide-rich zone (10.7 m wide) intersected at 87.0–97.6 m depth, containing pyrite, subordinate pyrrhotite, and chalcopyrite.
• Hole TC25-04:
  • Targeted historical trench T1 and a second IP chargeability anomaly.
  • Intersected numerous zones of silicification with 2-7% pyrite, with localized concentrations up to 20% over narrow widths (2-20 cm).
• Metallic Screening Test Results:
  • Tested high-grade assays from 2022 drill core.
  • One 1.5 m core sample from hole DP22-03 (120–121.5 m) yielded 81.5 g/t Au via metallic screening, a 42% increase over the original fire assay of 57.3 g/t Au.
  • Additional testing on high-grade Pelham zone samples is planned.
• Exploration Context:
  • 2025 objectives focused on discovering zones similar and proximal to Pelham.
  • Initial near-surface discovery confirms widespread mineralization, supporting plans for additional drilling in 2026.
• Technical Oversight:
  • Qualified Person: Peter Holbek, MSc, PGeo, independent consultant.
  • Laboratory: Actlab (Dryden, Ont.) for Au-AA23 gold fire assays and ME-ICP61 multielement packages.