Gold Dynamics (GLDN) Extends Option Agreement on Hoyle North Property
TORONTO, May 6, 2013 /PRNewswire/ – Gold Dynamics Corp. (OTCBB:GLDN)
(OTCQB:GLDN) (http://www.golddynamics.com) is pleased to report that it has extended its Hoyle North Property
option agreement signed on February 28, 2012. Under the agreement Gold
Dynamics was to make a $15,000 payment on its 1-year anniversary. The
Company has paid $7,500 and will pay the final installment of $7,500 on
June 1, 2013.
During the past 12 months the Company has conducted extensive soil
testing with successful results on its property. These samples were
tested at Activation Laboratories using Aqua Regia Mass Spectrometry.
The Company also recently completed a helicopter borne Versatile Time
Domain Electromagnetic (VTEM Plus) and Horizontal Magnetic Gradiometer
Geophysical Survey with excellent results.
The Hoyle North Property is a 32 claim land package situated
approximately 18 km northeast of Timmins, Ontario, Canada; an area that
is world renowned as a heavily mineralized area with many active mines
in operation, and, where as much as 85 million ounces of gold has been
mined historically. Our property is contiguous to Goldcorp’s Porcupine
gold producing camp (which has produced more than 66 million ounces of
gold since production began) and is within 2 kilometers of Goldcorp’s
multi-million ounce gold deposits.
This current report contains “forward-looking statements”, as that term
is defined in Section 27A of the United States Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on certain assumptions, which
could change materially in the future. By their nature, forward-looking
information involves known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements to
be materially different from any future results, performance or
achievements expressed or implied by the forward-looking information.
Such factors include the risk that the Company may not fully advance
the North Hoyle Project contemplated in this press release. There can
be no assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, investors
should not place undue reliance on forward-looking information.
Forward-looking information is provided as of the date of this press
release, and the Company assumes no obligation to update or revise them
to reflect new events or circumstances, except as required in
accordance with applicable laws.
SOURCE Gold Dynamics