Dynasty Gold Corp. (TSXV:DYG | FSE:D5G1 | OTC:DGDCF) has announced an exciting exploration program for 2025 at its 100% owned Thundercloud property in northwestern Ontario. The focus will be on the Pelham Zone, where previous studies identified significant gold mineralization within a shear zone. This year’s drilling will target an eastward-plunging shear zone to enhance the existing Mineral Resource Estimate (MRE), aiming for an upgrade to the NI 43-101 open-pit MRE completed in 2021.
Dynasty’s drilling efforts, totalling 7,400 meters, have indicated substantial resource expansion in both size and grade. Key findings include a correlation between gold deposits and sulphides such as pyrite, which enhance gold tenor when found alongside pyrrhotite. Planned activities include a 2,000-meter drill program to explore potential extensions of the Pelham Zone. Additionally, geological mapping will refine drill targets based on identified geophysical anomalies.
Recent evaluations of historical data have also revealed new exploration targets in the Contact Zone, setting the stage for further exploration in the summer or fall of 2025. This initiative positions Dynasty Gold for promising discoveries in a highly prospective area.
In line with Dynasty’s 2025 exploration programme, in May 2025, they announced plans for a non-brokered private placement for gross proceeds of up to US$1M through a combination of non-flow-through common shares, flow-through shares, and charity flow-through shares. The gross proceeds from the Flow-Through Offering will be used for “Canadian exploration expenses” that are “flow-through mining expenditures” (terms which are defined in the Income Tax Act (Canada)) to advance the Thundercloud gold project. Proceeds will be used to continue the 2025 drill programme.
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