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Dynasty Gold Corp (TSXV:DYG)

Summary

Dynasty Gold Corp.'s portfolio of gold assets includes two projects and a producing mine in the most mineral rich gold belts in the world. The flagship project, the Thundercloud gold property, in the Wabigoon greenstone gold belt in Northwest Ontario, is optioned from Teck Resources Ltd. (“TECK”); under the option agreement, Dynasty Gold can earn into a 100% interest in the project. The Golden Repeat gold project in the Midas region, Elko County, Nevada is 100% owned. The Company also owns a 70% interest in the producing Qi-2 gold mine in the Tien Shan gold belt in the Xinjiang Province of China.

Dynasty Gold's strategy is to apply innovative, entrepreneurial, and outside-the-box thinking to find, acquire and prove up low-cost, high-potential properties with good mining infrastructure in the most mineral rich regions. Our projects meet these selection criteria and can be advanced expeditiously with minimum dilution to the existing share structure. The exploration team is led by experienced geologists with over 200 years of combined exploration experience worldwide. Team members have a proven track record and have discovered many well known deposits such as: Betze gold mine, a part of Goldstrike deposit in Nevada, Onca-Puma laterite deposit in Brazil and Bulyanhulu deposit in Tanzania, among the many under their names. The Company's goal is to reward its shareholders by unlocking our properties’ potential through drilling while continuing to add quality assets to our portfolio.

Corporate Presentation: Dynasty

Market Overview

$0.160 (0.000%)
Vol 0.00
10 Days Avg Vol 0.00
3 Mo Avg Vol 1,843.75
52 Wk Lo/Hi $0.100 - $0.270
YTD Price Gain % 14.29%
12 Wks Moving Avg 0.198389
200 Days Moving Avg 0.197325
Market Cap 3,157,756

Company Background

Dynasty Gold Corp.'s portfolio of gold assets includes two projects and a producing mine in the most mineral rich gold belts in the world. The flagship project, the Thundercloud gold property, in the Wabigoon greenstone gold belt in Northwest Ontario, is optioned from Teck Resources Ltd. (“TECK”); under the option agreement, Dynasty Gold can earn into a 100% interest in the project. The Golden Repeat gold project in the Midas region, Elko County, Nevada is 100% owned. The Company also owns a 70% interest in the producing Qi-2 gold mine in the Tien Shan gold belt in the Xinjiang Province of China.

Dynasty Gold's strategy is to apply innovative, entrepreneurial, and outside-the-box thinking to find, acquire and prove up low-cost, high-potential properties with good mining infrastructure in the most mineral rich regions. Our projects meet these selection criteria and can be advanced expeditiously with minimum dilution to the existing share structure. The exploration team is led by experienced geologists with over 200 years of combined exploration experience worldwide. Team members have a proven track record and have discovered many well known deposits such as: Betze gold mine, a part of Goldstrike deposit in Nevada, Onca-Puma laterite deposit in Brazil and Bulyanhulu deposit in Tanzania, among the many under their names. The Company's goal is to reward its shareholders by unlocking our properties’ potential through drilling while continuing to add quality assets to our portfolio.

Corporate Presentation: Dynasty

Highlights

Dynasty Gold Corp. [DYG-TSXV; DGDCD-OTC; D5G-FSE] is a junior exploration company with a portfolio of three gold properties. Its flagship project is located in the central Wabigoon greenstone belt, 47 km southeast of Dryden, in Western Ontario. The Thundercloud gold project was optioned from Teck Resources Ltd. [TECK.B-TSX; TECK-NYSE] in February, 2018
  • a junior exploration company
  • Thundercloud gold project was optioned from Teck Resources Ltd.
  • Experienced Management

Share Structure

October, 2018
Shares Issued 19,735,975
Warrants & Options 5,765,300
Fully Diluted 25,741,275

Other Information

Projects

Thundercloud, Ontario, Canada

The Company signed an option agreement with Teck Resources Ltd. in early 2018 to earn into 100% interest in Thundercloud as outlined in the Company's press release of February 1.
Project Overview
  • The Thundercloud Property is located in the central Wabigoon greenstone belt in Western Ontario. The geological setting is analogous to the Abitibi belt in Eastern Ontario but Thundercloud is much less explored. The belt contains numerous gold showings, several deposits and historic past producers including the Big Master Mine (1902-1943) and the Laurentian Mine (1906-1909). Results to date indicate excellent potential to define bulk-tonnage orogenic gold mineralization with potential for high grade mineralization. Close to 30 M oz of gold has been discovered in the area in recent years.
  • The Property consists of 2,250 hectares, located 47 kilometres southeast of Dryden, northern Ontario. It is readily accessible from the Trans-Canada Highway (Hwy 17). Dryden is a resource-based town with excellent infrastructure necessary for mining operations. Several large scale mining operations in the area include New Gold's Rainy River Mine (6.4 million oz gold and 18.7 million oz silver), and Goldcorp's Red Lake Gold Mine (9.25 million oz gold) as well as multiple multi-million ounce gold reserves, defined at the Canadian Malartic Hammond Reef deposit (5.8 million oz gold), and First Mining Gold's Springpole deposit (4.9 million oz gold).
 

Golden Repeat, Nevada, USA

In December 2010, Dynasty signed a Letter of Intent with Mill Bay Ventures Inc (TSX: MBV) to earn a 70% interest in the Golden Repeat property situated in the Midas region of Nevada. Click here for the original news release.
Highlights
  • Located in Nevada, along the Carlin Trend with similarities to the Midas Gold District:
  • In close proximity to major gold mines including Newmont's Ken Snyder gold-silver mine and Twin Creeks gold mine as well as Barrick's Getchell and Pinson gold mines
  • Property hosts widespread alteration, the potential for both Carlin-style and Epithermal Bonanza-style gold discoveries
  • Largely Untested by Drilling
  • The Company acquired 100% interest in the property on July 30, 2013
 

Hatu-Qi2, Xinjiang, China

Hatu Project Highlights:
  • Located in the world-class Tian Shan gold belt
  • Adjacent to the Qi-2 gold deposit with inferred resources of 560,000 ounces of gold (8.7 million tons grading 2.00 g/t gold @ cut-off of 1.0 g/t gold)
  • Excellent access to infrastructure
  • The property is in dispute with the Chinese partner and the Company is pursuing a resolution.

Management Profiles

Ivy Chong

President and CEO, Board Member

  • Held senior executive positions in the mining industry since 1996
  • Successfully initiated and closed several option and joint venture agreements with majors, mid-size mining companies and junior exploration companies
  • Assisted multiple companies with their IPOs and raised capital for resource companies in Asia, Europe and North America
  • Held senior corporate positions with the Hong Kong Stock Exchange and Deloitte and Touche

R. Stuart (Tookie) Angus, LLB

Advisory Board Member

  • Independent business advisor to the mining industry for over 30 years focusing on significant international exploration, development and mining ventures, and all aspects of structuring and finance
  • Former Chairman of the Board of BC Sugar Refinery Limited, was a Director of First Quantum Minerals until June 2005, a Director of Canico Resources Corporation until its takeover by CVRD in 2005, a Director of Bema Gold until its takeover by Kinross Gold in 2007, a Director of Ventana Gold until its takeover by AUX Canada in 2011 and a Director of Plutonic Power until its merger with Magma Energy in 2011

Roman Shklanka, Ph.D., Geo, BComm

Advisory Board Member

  • Over 45 years of international experience in the mining industry. Held positions including Chairman of Canico Resources Corp. (Onca-Puma laterite deposit, Brazil). Canico was purchased in 2005 by CVRD, now Vale, in a $940 million takeover
  • Chairman of Sutton Resources Ltd. (Bulyanhulu deposit -- Tanzania) until its takeover by Barrick Gold in 1999, for $525 million
  • Was responsible for the acquisition and exploration of numerous mines, among them the Australian Granny Smith gold mine and Osbourne copper mine, as well as the Kidston gold mine-at that time the largest gold mine in Australia
  • Received a number of mining industry achievement awards and was inducted into the Canadian Mining Hall of Fame in 2009

Larry Kornze, P.Eng.

VP Exploration & Board Member

  • 30+ years of international gold exploration experience
  • Credited with the discovery of Barrick’s 40 million ounce Betze gold mine on the Carlin Trend in Nevada in the late 1980’s
  • Member of the team responsible for the discovery of the Miekle, Deepstar, Screamer and Rodeo deposits in Nevada for Barrick
  • Held positions with Newmont and Getty Mining Co. in North America before moving to Barrick Gold

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