Gold Dynamics Corp.

Gold Dynamics Corp.

February 21, 2012 08:15 ET

Gold Dynamics Reports Drill Results

LAS VEGAS, NEVADA--(Marketwire - Feb. 21, 2012) - Gold Dynamics Corp. (GLDN) (OTCBB:GLDN)(OTCQB:GLDN) ( is pleased to report drill results found within the NI 43-101 Technical Report prepared by Mr. Michel Boily, PHD, P.Geo for the Lake Ste-Anne property in the Province of Quebec, Canada.

Highlights of the drill results from the Southern Gold Zone include approximately 5 meters Au grading 5.61 GPT and Ag grading 9.63 GPT, other intercepts include a highlight 175 Ag GPT and others ranging from 50 to 60 Ag GPT. All drill holes would be considered shallow allowing easy access to the ore zones.

DDH # Depth (m) From (m) To (m) Int (m) Au (g/T) Ag (g/T)
ZS99-01 25 20.10 24.93 4.83 2.29 12.77
ZS99-02 78 14.60 20.50 5.90 4.08 51.05
ZS99-06 33 8.20 13.00 4.80 3.22 51.28
ZS99-07 40 19.00 20.70 1.70 2.60 0.80
ZS99-08 57 38.70 39.90 1.20 2.76 60.00
ZS99-10 115 19.48 20.50 1.02 1.00 175.00
ZS99-11 49 35.70 40.00 4.30 0.89 36.65
ZS99-16 29 9.38 14.99 5.61 5.61 9.63
ZS99-17 29 20.30 21.80 1.50 1.23 7.30

Trenching results from the Southern Gold Zone are as follows,

Trench # Length (m) Au (g/T) Ag (g/T) Sample Width (m)
TR99-04 75 29.52 6.23 1.40
TR99-06 60 5.00 190.00 5.00
TR99-07 18 12.42 69.30 2.80

In the report Mr. Boily stated, "The exploration of the Lake Ste-Anne property, located immediately south of the past producing Montauban Pb-Zn-Cu-Au-Ag mine, represents a unique opportunity to add to the current gold resource of the Southern Gold Zone (estimated at 22,821 and 347,086 ounces of gold and silver respectively) by evaluating its extension at depth greater than 200 meters. The Southern Gold Zone is located in large part on the Lake Ste-Anne property."

The author further stated, "The region encompassing the Montauban deposit and immediate surroundings was subjected to a large number of geological and geophysical investigations including extensive mapping, drilling and sampling notwithstanding the numerous undergrounds work from which the ore was extracted. One immediate apparent conclusion from the past drilling programs is that the vast majority of the drill holes are of shallow depth, seldom reaching 200 meters. It is the opinion of the author that other gold or Pb-Zn-Cu rich zones at Montauban may reside at depth of 200 meters or more. Therefore, the author recommends that the exploration program should be largely devoted to find an extension to the Southern Gold Zone."

"We will continue to delineate the resource at the Lake Ste-Anne property as part of our ongoing due diligence, with an aim to further growing the portfolio of value-added projects already undertaken by your company," commented Gold Dynamic's President and CEO, Gary Kirk.

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 belief, 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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