Vancouver-based
Dynasty says the Papayal cluster of porphyries is one of several porphyry copper-gold-silver systems recently discovered on its wholly owned Dynasty copper-gold belt.
Overall, the Dynasty project occupies a northeasterly trending corridor 90 km long and 20 km wide.
In its latest grassroots program, Dynasty targeted an 800-metre-long, north-trending quartz stockwork in the southern portion of Papayal. Known as “No. 3,” it is one of six associated high-grade gold-silver quartz stockworks known to exist at Papayal.
Dynasty’s efforts included 3 line km of soil sampling and 300 metres of trenching. Assays from channel sampling taken across the porphyry ranged up to 6 grams gold per tonne.
Dynasty says trenching on Stockwork No. 3 has exposed intense alteration zones with significant quartz stockworks over a 200-by-800-metre area, and that the stockworks are still open in all directions.
Trenching returned 13 metres grading 6.54 grams gold per tonne and 18 grams silver in trench 9, plus 24 metres of 1.53 grams gold and 55 grams silver in trench 1.
Trenching is continuing to the north for another 300 metres toward previous channel samples, and the company is preparing for follow-up drilling.
Meanwhile, sampling in the northwestern portion of Papayal has identified a copper-soil anomaly measuring 1.3 km long with copper values varying from 70 to 124 parts per million.
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