Dynasty hits near‑surface gold at Pelham

Dynasty Gold (TSX.V: DYG; US-OTC: DGDCF) reported the discovery of near‑surface gold mineralization in three step‑out holes located 1.5 km from the Pelham Resource in a previously untested area now termed the South‑Pelham zone within the Thundercloud property, which is located 47 km southeast of Dryden in Northern Ontario. The drill program targeted an IP chargeability anomaly coincident with bedrock sulphide occurrences and trench anomalies documented by Teck Resources Limited in 2007–2008.

The holes intersected multiple zones of disseminated pyrite with associated gold at downhole depths between 27.5 and 201 metres, with mineralization comparable to that at the Pelham zone. The company said mineralization remains open for expansion in multiple directions and noted the correlation between gold, Fe‑sulphide minerals and IP chargeability anomalies along a 2.5 km north‑south trend in the central property area.

The company also re‑tested core using a metallic screening process. A 1.5 metres interval from a 2022 core sample (DP22‑03, 120–121.5 m) returned 81.5 g/t gols by metallic screen, 42% higher than the original 57.3 g/t assay. Dynasty said it will conduct additional testing on high‑grade Pelham samples and expects more assay results in the coming weeks.

“The 2025 exploration objectives were to discover additional zones of mineralization both similar and proximal to the Pelham zone. This initial near-surface discovery in the South Pelham zone is highly encouraging as all three holes, for which assay results have been received, intersected mineralization within the first 50 meters of surface, confirming the widespread mineralization in this part of the property. It paves the way for additional drilling in 2026 to unlock the Thundercloud value beyond the Pelham zone," Ivy Chong, president and CEO, commented.

More information is available at www.DynastyGoldCorp.com/