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Dynasty Gold Completed 2,344 Meters Drilling On Thundercloud Awaits Assay Results
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2023) - Dynasty Gold Corp. (TSXV: DYG) ...
About this update from Dynasty Gold Corp.
[{"type":"text","content":"Dynasty Gold Completed 2,344 Meters Drilling On Thundercloud Awaits Assay ResultsVancouver, British Columbia--(Newsfile Corp. - August 21, 2023) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC PINK: DGDCF) (\"Dynasty\" or the \"Company\") is pleased to announce that phase 1 of the 2023 drill program has been completed with a total of 2,344 meters drilled in twelve holes in both the East, and West Pelham zones. Drill core has been logged and split, with samples shipped to the ALS Global lab in Winnipeg.The first four holes of the current program were drilled proximal to the area of 2022 drilling to determine size and continuity of the high-grade mineralization intersected by holes DP22-02, DP22-03, and DP22-04 (please see press releases dated January 10, February 13 and June 20, 2023). The next six holes were step-outs within the Pelham magnetic and IP chargeability anomalies, while the final two holes tested geophysical anomalies in the West Pelham Zone. Results from the current program will help establish the relationships between gold grade and geological and geophysical rock characteristics and help guide drill testing of other anomalies on the property. The 2023 Phase 1 drill program results will be reported following receipt and verification of analytical data. Ivy Chong, President and Chief Executive Officer of the Company, states, \"We have an excellent team of geologists working on the Thundercloud Project. It includes Mr. Jim Rogers who visited the Property to study the surface outcrops and did a detailed review of the drill core. Jim has extensive experience with orogenic gold systems while working as the regional exploration manager for Goldcorp at the Red Lake Mine. Our drilling crew is off on a short break while waiting for the assay results. We are very excited about the potential to have found an important high-grade gold system. Also, we would like to thank the Wabigoon First Nations for providing our accommodations and people that have been very helpful with our Summer 2023 drill campaign.\" Discussion of Thundercloud Project and Core ObservationsThe Thundercloud property is situated within the Manitou-Stormy Lakes greenstone belt (MSGB) in the western Wabigoon part of the Superior Greenstone Terrane. The MSGB hosts a number of bimodal volcano-sedimentary sequences. The metamorphic grade is primarily greenschi...