Gold Dynamics Corp.
OTCBB : GLDN
OTCQB : GLDN

Gold Dynamics Corp.

May 23, 2012 08:00 ET

Gold Dynamics Receives Sample Results

LAS VEGAS, NEVADA--(Marketwire - May 23, 2012) - Gold Dynamics Corp. (GLDN) (OTCBB:GLDN)(OTCQB:GLDN) (http://www.golddynamics.com) -

Mr. Gary Kirk, President and CEO of Gold Dynamics is pleased to report results from his recent soil sampling done at the Hoyle North project. A total of 23 samples were taken, 21 from a known anomaly identified from a partial Induced Polarization done on the property in 2007 and 2 random samples taken from prospective areas. The samples reveal a broad spectrum of mineralization ranging from precious metals, rare earth elements and base metals. All samples were taken from approximately two to three feet subsurface and were gridded with 25 metre spacing over the first known anomaly. The samples were prepped at Activation Laboratories in Timmins, Ontario and were tested at Activation Laboratories in Ancaster, Ontario using Aqua Regia Mass Spectrometry. Gold samples will be reused for more dynamic testing by Fire Assay when all of the sample results have been collected. A partial list of base and precious metals is included in this press release, a full disclosure of results is being posted to our company website at www.golddynamics.com.

Results include,

Gold Dynamics Corp.
Detection Limit PPB 5
AU
PPM
.002 Ag
PPM
.01 Cu
PPM
.1 Zn
PPM .1
U
0.01%
Fe
PPM .01
Mo
PPM .1
Ni
SAMPLE #
1134601 <5 0.095 1.58 8 0.3 0.38 1.22 4
1134602 <5 0.041 1.98 7.4 0.3 0.28 0.42 2.8
1134603 <5 0.01 3.26 16.8 0.5 0.86 0.3 8
1134604 <5 0.018 9.52 10.9 0.2 0.16 0.31 1.8
1134605 <5 0.002 1.88 11.3 0.4 0.49 0.17 5
1134606 <5 0.006 3.45 16.7 0.4 0.62 0.09 6.4
1134607 <5 0.005 3.66 12.8 0.6 0.81 0.1 8.2
1134608 <5 0.01 4.92 27.2 1.9 0.83 0.2 6.1
1134609 <5 <.002 1.9 10.7 0.5 0.65 0.1 4.9
1134610 <5 0.036 11.1 30.4 0.6 1.52 0.09 17.6
1134611 <5 0.019 1.81 8.2 0.3 0.46 0.06 4.8
1134612 <5 0.002 3.69 13.4 0.7 0.76 0.05 7.5
1134613 <5 <.002 1.45 7.7 0.4 0.37 0.06 5.1
1134614 80 0.147 101 113 0.9 2.27 0.49 41.7
1134615 <5 0.064 14 42.3 1 2.08 0.2 25
1134616 <5 0.021 7.38 29.8 0.8 1.3 <.01 13.2
1134617 <5 0.011 2.77 9.8 0.5 0.5 0.08 4.2
1134618 <5 0.015 3.47 18 0.9 0.66 0.02 8.9
1134619 <5 0.006 1.74 8.3 0.4 0.55 <.01 4.7
1134620 <5 0.004 7.54 19.8 0.7 0.96 0.08 10.8
1134621 <5 0.018 2.9 12 0.4 0.7 0.02 7
1134622 <5 0.002 2.05 10.4 0.5 0.46 0.05 3.7
1134623 <5 0.005 4.34 19.9 0.9 0.83 0.14 8.2

Mr. Gary Kirk said, "I am pleased with the initial results which confirm the Hoyle North property being heavily mineralized and an excellent prospective property. Mr. Yvan Veronneau has been contracted and mobilized to the property to collect more samples on the 2nd known anomaly, an excavated shaft and general prospecting on the property. I look forward to more results shortly. Our sampling adds to our knowledge base on the property and will lead us to further exploration efforts on Hoyle North."

Forward-Looking Statements

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. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, or the generation of positive cash flow as a result, updating of the corporate website or the availability of an independent geological report outlining the leases, their production, and their potential.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of gold prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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