TORONTO, ONTARIO--(Marketwire - Dec. 11, 2012) - Gold Dynamics Corp. (GLDN) (OTCBB:GLDN)(OTCQB:GLDN) (www.golddynamics.com) -
Gold Dynamics Corp. is pleased to announce that 48 soil samples previously taken from their Hoyle North property were resubmitted for organic geochemistry analysis to Activation Laboratories (Actlabs) located in their Ancaster, Ontario facility. The testing utilized Soil Gas Hydrocarbon (SGH) Geochemistry and the samples were tested solely for the presence of gold. SGH is a deep penetrating geochemistry and has been proven to locate gold and other types of mineralization at several hundred metres below the surface irrespective of the type of overburden. The Hoyle North samples provided represent four North-South trending transects spaced at 100 metres apart, samples were spaced at 25 metres along each transect.
Actlabs reports the samples provided represent an excellent level of analytical performance and assign an SGH signature rating related to gold mineralization of 5.0 out of a possible 6.0 scale. The assigned 5.0 rating means that the SGH classes most important to describing a gold signature are all present and consistently describe the same location with well defined anomalies.
Mr. Gary Kirk, President and CEO of Gold Dynamics Corp said, "I continue to be impressed with the results of our surface exploration which serve to heighten my expectations that our efforts will be rewarded when we go subsurface. A clearer picture is being presented to me and the data base of known facts on the Hoyle North Project continues to expand and brighten from our efforts. I expect the property will continue to provide us higher hopes for exploration successes as our targets become more defined for that time we turn the drills."
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.