Dynasty recently completed the acquisition of 100% of the Thundercloud project from Teck Resources (TSX: TECK.A; TSX: TECK.B; NYSE: TECK). Only limited exploration work has been done at the property, including that which Teck did in 2007 and 2008. That examination confirmed that mineralization extends south of the Pelham zone to the West Contact zone.
Drilling done by Teck and in 2011 by Laurentian Goldfields include 113 metres at 1.72 g/t gold; 60.3 metres at 1.46 g/t gold; 55.2 metres at 2.19 g/t gold, including 1 metre at 37.5 g/t, 9.3 metres at 7.91 g/t, and 21.7 metres at 4.63 g/t gold; 29.7 metres at 0.77 g/t gold, including 9 metres at 2.2 g/t gold; 68.8 metres at 1.55 g/t gold; and 81 metres at 1.31 g/t gold. The highest historical hole returned 0.6 metres grading 192.7 g/t gold.
(This article first appeared in the Canadian Mining Journal)
