Press Release 17-11-1
Trading Symbols: TSX-V: DYG
FWB: D5G
OTC: DGDCF
1613 - 610 Granville Street Vancouver, BC, V6C 3T3 Tel. (604) 633-2100 Fax: (604) 484-3559 www.dynastygoldcorp.com
Dynasty Gold Renews Golden Repeat Drill Permit and Granting Stock Options
November 8, 2017
Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) ("Dynasty" or the "Company") is pleased to announce that it ha s renewed the Golden Repeat drill permit by depositing additional bonds with the Bureau of Land Management (“BLM”) in Elko County, Nevada, U.S.A.
The Company’s 100-per-cent-owned Golden Repeat clai ms are located in the Elko County, in the most prolific Midas region of Nevada. The Property is located 15 kilometers west-southwest of Klondex's Midas Mine and 15 kilometres west-northwe st of Klondex's Hollister Mine. The Golden Repeat claims host many geological similarities wit h the well-known Midas epithermal gold-silver mining district. Surface work carried out in the fa ll of 2016 has confirmed that the NNW-trending Clover Fault zone does extend northward from the Cl over property (owned by Waterton, LLP) boundary, through the Golden Repeat property. The same surface program also identified drill targets that delineate the Clover Fault zone and te sted the high-grade Midas-style gold-silver mineralization that was found disseminated in the Clover Rhyolite on the Clover property.
The Company is to grant 1,075,000 five-year incenti ve stock options to officers and directors. The options are granted in accordance with the terms of the Company’s stock option plan. They are exercisable at a price of $0.20, and will vest over a period of 18 months.
The Company's Director, Richard R. Redfern, M.Sc. a nd Certified Professional Geologist, a 'qualified person' for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified the information contained in this news release.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian gold exploration c ompany currently focused on gold exploration in North America. For more information on the Company and its project s, please refer to the website www.dynastygoldcorp.com .
ON BEHALF OF THE BOARD OF
DYNASTY GOLD CORP.
“Ivy Chong” _________________________________ Ivy Chong, President & CEO For additional information please contact: Vancouver Office : Ivy Chong Phone: 604.633.2100. Email: [email protected] Press Release 17-11-1
Trading Symbols: TSX-V: DYG
FWB: D5G
OTC: DGDCF
1613 - 610 Granville Street Vancouver, BC, V6C 3T3 Tel. (604) 633-2100 Fax: (604) 484-3559 www.dynastygoldcorp.com
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual res ults and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.