Dynasty Continues Drilling at Pelham and South Pelham Targets at Thundercloud

The most recent news release dated October 29, 2025, states that Dynasty Gold Corp. is continuing its 5,000-meter drilling program at its Thundercloud property. The drill rig has now been moved to the Pelham targets, where infill holes are being drilled. The objective is to test ground adjacent to high-grade gold mineralization and Induced Polarization (IP) chargeability highs previously identified by Teck Resources Limited. The news classifies this update as "Non-Material - Positive".

This news is a routine update on an ongoing exploration program. It confirms that the previously announced 5,000-meter drill campaign is progressing as planned. The drilling at Pelham, specifically "infill holes," is aimed at further delineating and potentially upgrading the existing NI 43-101 mineral resource estimate, which is a standard step in project development.

While positive in that it indicates continued operational activity, the news does not present new assay results, unexpected high-grade discoveries, or significant changes to the company's strategic direction or financial position. The term "Non-Material - Positive" used in the news JSON accurately reflects its limited immediate impact on the company's valuation or risk profile. There is no material impact. It is a continuation of exploration work that was communicated in prior releases, with the drill rig now focused on the Pelham zone after completing an initial phase in the South Pelham area.

Dynasty Gold Corp. is a Canadian gold exploration company focused on developing its Thundercloud Gold Project in Northwestern Ontario. The company also holds a 100% interest in the Golden Repeat property in Nevada, USA.

Flagship Project: Thundercloud Gold Project - Location: Situated in the Archean Manitou-Stormy Lakes greenstone belt, approximately 47 kilometers southeast of Dryden, Ontario. It is positioned ~150 kilometers south of the prolific Red Lake Gold camp. - Ownership: 100% owned by Dynasty Gold Corp. - Development: The project is in the exploration stage with a historical NI 43-101 compliant mineral resource estimate for the Pelham zone (dated September 2021). - Key Progress: - Since its acquisition from Teck Resources Ltd. in 2021, Dynasty has conducted significant drilling (approx. 7,400 meters by early 2025). - This drilling has substantially increased the grade and tonnage of the historical resource by approximately 150%, primarily due to numerous high-grade and long intercepts. - Pelham Zone: Characterized by gold mineralization associated with pyritic veining within an east-west trending structural zone. High-grade intercepts include 8.4 g/t over 73.5m (with 3m of 151.65 g/t) and 1.61 g/t over 94.5m. The company's internal model indicates significant expansion in size and grade. - Contact Zone / South Pelham: A new mineralized zone was discovered approximately 1 km south of the Pelham Resource (Contact Zone) in late 2024 (drill hole DP24-06 yielded shallow mineralization up to 3.02 g/t over 1.5m within a broader 22.5m interval of 0.8 g/t). This area also has historical high-grade trenching data from Teck (8.02 g/t Au over 39m, including 89.4 g/t Au over 3.0m). - Current Activities: A 5,000-meter drilling program is underway in 2025, targeting down-dip and lateral extensions of high-grade gold mineralization in the Pelham zone (3,000m planned for MRE upgrade) and exploring the newly discovered mineralization and repeat structures in the South Pelham area (2,000m planned). - Potential: The company states that approximately 95% of the property remains undrilled, indicating substantial exploration upside. - Royalties: Teck retains a 2% NSR on the Thundercloud property, which can be reduced to 1.5% by Dynasty with a $1 million cash payment to Teck.