Northwire Canada EditionMonday, August 10, 2026
Northwire
SSE 0.090 +0.0% GEMG 1.85 +10.1% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.83 +7.0% NBY 0.087 −7.9% HBM 38.51 +0.2% SAGE 0.145 +0.0% NIM 0.740 +0.0% XTM 0.065 +0.0% SCD 0.220 +12.8% LXE 0.180 +24.1% SIG 0.990 +1.0% NOBL 0.105 +5.0% S 0.210 +0.0% ZEN 0.990 +7.6% SSE 0.090 +0.0% GEMG 1.85 +10.1% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.83 +7.0% NBY 0.087 −7.9% HBM 38.51 +0.2% SAGE 0.145 +0.0% NIM 0.740 +0.0% XTM 0.065 +0.0% SCD 0.220 +12.8% LXE 0.180 +24.1% SIG 0.990 +1.0% NOBL 0.105 +5.0% S 0.210 +0.0% ZEN 0.990 +7.6%

← Back to our analysis

Original News Release

Dynasty Gold continues drilling at Thundercloud

Ms. Ivy Chong reports DYNASTY CONTINUES DRILLING AT PELHAM AND SOUTH PELHAM TARGETS AT THUNDERCLOUD Dynasty Gold Corp. has provided an update on its continuing 5,000-metre drilling program at its 100-per-cent-owned Thundercloud property, located 47 kilometres southeast of Dryden in Northwestern Ontario. The rig has been moved to the Pelham targets. This phase of drilling will include infill holes at the Pelham resource target area to test ground adjacent to high-grade gold mineralization found in 2022 to 2024. These holes will also test induced polarization chargeability highs identified by Teck Resources Ltd. High-grade gold mineralization discovered to date on the property is typically correlative with higher sulphide concentrations. 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. One to two initial core holes will be drilled under the Glatz open cut in the Contact target zone to test the high-grade gold surface mineralization (three metres at 89.4 grams per tonne of gold) sampled by Teck. This target has never been directly drill tested. The hole will also crosscut a northwest-trending fault zone believed to be of the same age (approximately 2,722 mega-annum) as the gold-hosting fault structures in the Red Lake mine in Northwestern Ontario, approximately 200 kilometres northwest of Thundercloud. One pioneer hole will test for Red Lake age and style of gold mineralization in the northwestern extension of the main Pelham body of gold mineralization. This hole will transect one of the main structural feeders for Pelham at the intersection of a strong northwest-trending fault, the Funnel target, and will also cross three additional northwest-trending faults in the search for Red Lake style gold mineralization. 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. The technical information in this release has been reviewed by Richard R. Redfern, CPG, MSc, consulting geologist for Dynasty Gold, a qualified person as defined by National Instrument 43-101. About Dynasty Gold Corp. Dynasty Gold is a Canadian mineral exploration company currently focused on gold exploration in North America. Its 100-per-cent-owned Thundercloud property is situated within the Archean Manitou-Stormy Lakes greenstone belt in Northwestern Ontario. The company is currently drilling to expand the NI 43-101 gold resource. An NI 43-101 resource estimate report can be found on the company's and SEDAR websites. The 100-per-cent-owned Golden Repeat gold project in the Midas gold camp in Elko county, Nevada, shares similar geological features as the Midas gold mine and is surrounded by a number of large-scale operating mines. We seek Safe Harbor.
View at source ↗