Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Shows an Unusually Strong Financial Position, and Growing Signs of Rich Gold Resources, as Drilling Expands at Thundercloud High-Grade Gold Project

October 16, 2024 08:50:00
  • Dynasty has no debt and approximately 61 million shares issued and outstanding, with approx. 40% owned by insiders and long-term shareholders.
  • The largest shareholder, owning 9.7%, is mining legend Rob McEwen, founder, executive chairman and largest shareholder of McEwen Mining Inc.
  • The company recently launched the second phase of this year’s drilling campaign that will cover the remaining 1,800 meters of the 4,000 meter drill program announced in June 2024.
  • Phase 1 drill results confirmed grades of up to 24.53 g/t within a broad zone of mineralization in the Eastern Pelham Zone.

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF), a Canadian mineral exploration company currently focused on gold exploration in North America, with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and the Midas gold camp in Nevada, represents a unique presence in the gold exploration space. As discussed at the company’s Annual General Meeting (https://ibn.fm/tq16Z), Dynasty holds a temptingly small market cap compared to increasingly impressive indications of huge potential with its high-grade gold resources, making it an especially attractive opportunity for investors.

With no debt and approximately 61 million shares issued and outstanding, Dynasty maintains a solid financial position that allows it to fund ongoing operations and continue exploration of its flagship Thundercloud Property. About 40% of the shares are owned by insiders and long-term…

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NOTE TO INVESTORS: The latest news and updates relating to DGDCF are available in the company’s newsroom at https://ibn.fm/DGDCF

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