Dynasty Gold continues drilling at Thundercloud

Executive Summary

• Dynasty Gold Corp. is continuing its 5,000-metre drilling program at its 100%-owned Thundercloud property in Northwestern Ontario, with the rig now positioned at the Pelham and South Pelham targets.
• The current phase focuses on infill drilling at the Pelham resource target to test ground adjacent to high-grade gold mineralization discovered between 2022 and 2024, as well as induced polarization chargeability highs identified by Teck Resources Ltd.
• Specific drilling initiatives include testing the Glatz open cut Contact target zone (never directly drill tested) and a pioneer hole in the northwestern extension of the main Pelham body to search for Red Lake-style gold mineralization, which could significantly expand the known gold system.

Key Details

• Drilling Program Scope: Continuing 5,000-metre program at the Thundercloud property, located 47 km southeast of Dryden, Northwestern Ontario.
• Pelham Targets:
  • Infill holes to test ground adjacent to high-grade gold mineralization found in 2022–2024.
  • Testing induced polarization chargeability highs identified by Teck Resources Ltd.
  • High-grade gold mineralization is typically correlative with higher sulphide concentrations.
  • Potential success could expand the size of the known gold system and accelerate commercial production.
• Contact Target Zone (Glatz Open Cut):
  • One to two initial core holes to test high-grade gold surface mineralization sampled by Teck: 3 metres at 89.4 grams per tonne of gold.
  • This target has never been directly drill tested.
  • Holes will crosscut a northwest-trending fault zone believed to be approximately 2,722 mega-annum old, similar in age to gold-hosting fault structures in the Red Lake mine (approx. 200 km northwest).
• Northwestern Extension of Pelham Body:
  • One pioneer hole to test for Red Lake age and style of gold mineralization.
  • Hole will transect one of the main structural feeders for Pelham at the intersection of a strong northwest-trending fault, the Funnel target.
  • Will cross three additional northwest-trending faults in the search for Red Lake style gold mineralization.
  • A new discovery of this type could open up the area to new exploration possibilities, establishing the region as an emerging gold camp.
• Technical Review: Information reviewed by Richard R. Redfern, CPG, MSc, consulting geologist and Qualified Person under National Instrument 43-101.

Notable Quotes

• "Success with these drill holes could lead to an expansion of the size of the known gold system at Thundercloud and accelerate the achievement of commercial production."
• "A new gold discovery of this type would open up the area to a myriad of new gold exploration possibilities, making it an emerging gold camp in the region."