Assay Results on Golden Repeat Property
VANCOUVER, BC - Dynasty Gold Corp. reported on the sampling program started at Golden Repeat Property in Nevada. Analytical results have been received for the forty-one rock chip samples that were taken during geologic mapping of the eastern, southern, and adjacent peripheral areas of the property. All samples were of altered rocks, and were taken to characterize the geochemistry of the alteration and mineralization of the host rocks and local structures in the mapped areas. Sample 29 returned over 10 ppm Au (10 g/t gold). This was a sample from a float taken close to Romarco Mineral's drill hole GR-06c where previous Romarco's samples in the vicinity carried up to 5.99 ppm Au. Another sample carried 1 ppm Au and came from an outcropping vein located at a convenient spot relative to the existing road and drill sites that have been conditionally approved for drilling by Bureau of Land Management in Elko County, Nevada ("BLM"). Many samples carried between 20 to 100 ppb Au, indicating widespread anomalous mineralization.
Dynasty has posted a bond which was required to meet the terms of the final drill permit approval as set forth by BLM. The final approval is expected soon. Upon final approval, Dynasty plans to drill the outcropping vein that was identified during the surface work and another separate structural target that was previously proposed by Yamana Gold. The geologist on site will determine whether a second drill hole is warranted at each of the two drill locations before the rig leaves the property.