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Dynasty Gold Extends High-Grade Gold Mineralization in Hole DP22-03 By 22.5 m to 73.5 m at 8.42 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Dynasty Gold Corp. (TSXV: DYG) (F...
About this update from Dynasty Gold Corp.
[{"type":"text","content":"Dynasty Gold Extends High-Grade Gold Mineralization in Hole DP22-03 By 22.5 m to 73.5 m at 8.42 g/t GoldVancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) (\"Dynasty\" or the \"Company\") is pleased to report assay results received from new sampling of previously unsampled sections of core from holes DP22-02 and DP22-03 from the last drill program. Mineralization in DP22-03 has been extended from 51 meters to 73.5 meters at an average grade of 8.42 g/t gold, which includes 6.5 meters of 72.23 g/t gold. Additionally, the recalculated assays in DP22-02 have improved the average grade from 189 meters to 223.5 meters to 5.98 g/t gold (See Table 1 below).\"We are pleased to receive these new assays from unsampled sections of the previously reported holes which significantly increase the grade and length of intersected mineralization. The Property has the geological characteristics consistent with an orogenic gold system. Historical drilling was primarily focused on near surface mineralization. Our last drilling program was designed to start testing the depth potential with our deepest holes drilled to date. We are excited to start our next drill program. This will give us a chance to expand on the known high-grade gold zones and test further at depth,\" states Ivy Chong, Chief Executive Officer.Drill holes DP22-02 and DP22-03 were drilled in open areas down-dip from drill hole TC07-02 that was drilled by Teck Resources Limited and returned 1.5 meters of 16 g/t gold. Mineralization generally correlates with magnetic \"highs\" as identified in the drone magnetic survey conducted in 2022. The 2022 drill holes demonstrate potential continuation of the high-grade gold mineralization in quartz-veined mafic metavolcanic rocks. For further details, please refer to the Company press release of January 10, 2023.Table 1. Assay Results:Hole #New Assay and Revised Assay ResultsPreviously Reported (January 10, 2023)From - To (m)Interval (m)Au (g/t)From - To (m)Interval (m)Au (g/t) DP 22-02189.0 - 223.534.55.98189 - 214.5 25.5 5.37 DP 22-03Including:88.5 - 162.0118.5 - 125.073.56.58.4272.2388.5 - 139.5 -51.0 -7.35 - Table 2. Drill Collar and Hole Information NAD83 Zone 15 Hole IDEastingNorthingElevation (m)AzimuthDipDepth (m)DP22-025342635471425448180-60300DP22-035342645...