Dynasty Gold Corp. (TSXV: DYG) has announced the completion of an initial 10-hole diamond drill programme totalling 2,400 metres at its Thundercloud Property in Northwest Ontario, with a new phase of drilling now focused on metallurgical testing to support open-pit mine development planning. The company simultaneously announced the appointment of Jean-David (JD) Moore as a business advisor. The dual announcement signals active advancement of the Pelham gold deposit and an effort to strengthen the company's advisory network.

Key Points

  • Dynasty Gold Corp. (TSXV: DYG | FSE: D5G1 | OTC Pink: DGDCF)
  • Completed 10 diamond drill holes totalling 2,400 metres at the Thundercloud Property; new metallurgical drilling phase now underway
  • Metallurgical testing will evaluate gold grindability, chemical leach recoverability, and gravity recoverability to maximise gold recovery rates
  • Investors may watch for metallurgical test results and any updates on near-surface on-strike extension drilling at the Pelham deposit

Thundercloud Metallurgical Drilling Targets Open-Pit Mine Development

The new drilling phase at Thundercloud focuses on collecting core samples from a range of locations and assayed gold grades within the Pelham deposit, where Dynasty plans to develop an open-pit gold mine. The samples will undergo testing to assess rock grindability, the recoverability of gold through chemical leaching, and gravity-recoverability — all critical parameters for mine feasibility planning. The company also noted that additional drilling may be conducted to test near-surface on-strike extensions to the deposit, though no further details were disclosed in the announcement.

Pelham Deposit Location and Existing Resource Context

The Thundercloud Property sits in the Manitou-Stormy Lakes greenstone belt of Northwest Ontario, 200 kilometres southeast of Red Lake and 47 kilometres southeast of Dryden City. A NI 43-101 Resource Estimate was completed for the Pelham Deposit in September 2021. The initial drilling round targeted expansion of surface-accessible gold mineralisation in the South Pelham target area as well as down-plunge extensions of the known deposit. Technical content in the release was reviewed and approved by Peter Holbek, MSc, P.Geo, an independent Qualified Person under NI 43-101.

Jean-David Moore Joins Dynasty Gold as Business Advisor

Dynasty Gold announced the appointment of Jean-David (JD) Moore as a business advisor. The release describes Moore as a long-term investor, consultant, and director in the Canadian junior mining and resource exploration sector, and notes he is a significant shareholder of Dynasty Gold. He previously served as a director of Vanstar Mining Resources Inc., acquired by Iamgold Corp. in February 2024, and Fokus Mining Corp., acquired by Cadillac Mines Corp. in April 2026. Moore holds a Master's degree from Laval University and has authored more than eighty scientific publications in forestry-related disciplines.