Dynasty Gold Corp. is pleased to report that the first seven holes from its drilling programs at the Qi-2 deposit have returned twenty-six significant intersections of gold mineralization, including:
- 2 metres grading 9.12 g/t Au and 9 metres grading 3.39 g/t Au in hole DDH003
- 2 metres grading 5.21 g/t Au in hole RCH001
- 3 metres grading 4.54 g/t Au in hole RCH002
- 11 metres grading 1.83 g/t Au in hole RCH003
- 4 metres grading 2.33 g/t Au in hole RCH004
Dynasty and their JV partners Avocet Mining PLC have completed six diamond and twenty three reverse circulation drill holes as part of a combined 10,000m (approximately 50 hole) drill program at Hatu. To date, results have been received from the laboratory for only the first three diamond and four RC drill holes and are summarized in Table 1. A map of drill hole locations is posted on the Hatu Project page of Dynasty's website.
The Company is satisfied with these results, which are similar to previous work completed at the Qi-2 deposit. Notably, the mineralized intervals are all shallow and located at the eastern margin of the deposit where it is open for expansion. Results from these infill holes will be used in a planned new resource estimate, as part of the overall goal of upgrading the Qi-2 resources to reserves.
Dynasty follows best practice procedures for quality control in sampling and analysis of drill and other litho-geochemical samples. RC drill samples are approximately four kilograms in size and drill core is sampled in approximately one metre, half-core intervals. Samples are prepared for analysis by the SGS-CSTC Standards Technical Services Ltd. facility in Urumqi and then shipped to the SGS lab in Tianjin for fire assay analysis for gold. Dynasty uses independent reference materials, sample duplicates and check samples to analyze laboratory quality.
Brian McEwen, Professional Geologist and President of Dynasty Gold Corp., is the qualified person for the Hatu project, as defined under National Instrument 43-101 and has reviewed the contents of this release.
The Company is looking forward to continued success with the drill program and eagerly awaits additional assay results as it works to both expand and upgrade the current resource.
Dynasty Gold Corp. is a leading Canadian gold exploration company in China with exploration programs at three highly prospective gold properties and partnerships with AngloGold Ashanti and Avocet Mining. The Qi-2 deposit is host to an Inferred Resource of 16.9 million tonnes at 1.68 g/t Au with a 1.0 g/t Au cut-off.
Source:佚名