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.
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. 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