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
1613 - 610 Granville Street
Vancouver, BC, V6C 3T3
Tel. (604) 633-2100
Fax: (604) 484-3559
www.dynastygoldcorp.com
Press Release 23-06-01
Trading Symbols: TSX-V: DYG
FSE: D5G1
OTC: DGDCF
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
June 20, 2023
Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FSE: D5G1) (OTC Pink: DGDCF)
("Dynasty" or the "Company") is pleased to report a ssay results received from new sampling of
previously unsampled sections of core from holes DP 22-02 and DP22-03 from the last drill
program. Mineralization in DP22-03 has been extende d 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 av erage 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 un sampled sections of the previously reported
holes which significantly increase the grade and le ngth of intersected mineralization. The Property
has the geological characteristics consistent with an orogenic gold system. Historical drilling was
primarily focused on near surface mineralization. O ur 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 Executiv e Officer.
Drill holes DP22-02 and DP22-03 were drilled in ope n areas down-dip from drill hole TC07-02
that was drilled by Teck Resources Limited and retu rned 1.5 meters of 16 g/t gold. Mineralization
generally correlates with magnetic "highs" as ident ified in the drone magnetic survey conducted in
2022. The 2022 drill holes demonstrate potential co ntinuation 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 Results Previously Reported (January 10, 2023)
From – To (m) Interval (m) Au (g/t) From – To (m) Interval (m) Au (g/t)
DP22-02 189.0 - 223.5 34.5 5.98 189 - 214.5 25.5 5.37
DP22-03
Including:
88.5 - 162.0
118.5 - 125.0
73.5
6.5
8.42
72.23
88.5 – 139.5
-
51.0
-
7.35
-
1613 - 610 Granville Street
Vancouver, BC, V6C 3T3
Tel. (604) 633-2100
Fax: (604) 484-3559
www.dynastygoldcorp.com
Press Release 23-06-01
Trading Symbols: TSX-V: DYG
FSE: D5G1
OTC: DGDCF
Table 2. Drill Collar and Hole Information
NAD83 Zone 15
Hole ID Easting Northing Elevation
(m)
Azimuth Dip Depth
(m)
DP22-02 534263 5471425 448 180 -60 300
DP22-03 534264 5471423 448 160 -60 201
The true widths of drill intercepts are not known.
The 2023 drill program will be focused on testing f or lateral and vertical extensions of the higher-
grade gold mineralization as well as extending the Pelham zone to both the east and west.
Quality Assurance & Quality Control
The core was logged geologically and sample interva ls selected in Dynasty’s core shack in
Dinorwic, Ontario. They were securely transported and diamond sawed in the presence of the
Company’s consulting geologist, and personally deli vered to the ALS Global Geochemistry
Laboratory in Winnipeg, Manitoba. Dynasty used ALS Global for Au-AA23 gold fire assays and
the ME-ICP61 33 multi-elements packages for the minor element analyses. Oreas standards, blanks
and duplicates were inserted into the sample stream to check on the comparative accuracy of the
gold assays received. Gold fire assays and 4-acid-d issolution geochem analyses were conducted on
the samples at the ALS Global Geochemistry Laborato ry in Vancouver, B.C, and all gold values
higher than 10 g/t were re-assayed by using Au-GRA21 gravimetric fire assays.
The technical information in this release has been reviewed by Peter Holbek, P.Geo, M.Sc., an
independent consultant and a Qualified Person as defined by NI 43-101.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian exploration compan y currently focused on gold exploration in North
America with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and in the Midas gold
camp in Nevada. The Company is currently advancing its Thundercloud gold resource in northwest Ontario.
A NI 43-101 Independent Technical Report, September 27, 2021 can also be found on the Company and
SEDAR websites. The 100% owned Golden Repeat gold p roject in the Midas gold camp in Elko County,
Nevada, is surrounded by a number of large-scale op erating mines. For more information, please visit t he
Company’s website www.dynastygoldcorp.com.
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
“Ivy Chong”
_________________________________
Ivy Chong, President & CEO
For additional information please contact:
Vancouver Office :
Ivy Chong
1613 - 610 Granville Street
Vancouver, BC, V6C 3T3
Tel. (604) 633-2100
Fax: (604) 484-3559
www.dynastygoldcorp.com
Press Release 23-06-01
Trading Symbols: TSX-V: DYG
FSE: D5G1
OTC: DGDCF
Phone: 604.633.2100. Email: [email protected]
This press release contains certain "forward-lookin g statements" that involve a number of risks and un certainties. There can be no
assurance that such statements will prove to be acc urate and actual results and future events could di ffer materially from those
anticipated in such statements. The TSX Venture Exc hange has not reviewed and does not accept responsi bility for the adequacy or
accuracy of this release.