TORONTO, ONTARIO -- (Marketwire) -- 09/11/12 -- Gold Dynamics Corp. (GLDN) (OTCBB: GLDN)(OTCQB: GLDN) (http://www.golddynamics.com) - Gold Dynamics Corp CEO and President, Mr. Gary Kirk is pleased to announce that in keeping with the company's plans to add to its foundational knowledge and data base on its Hoyle North project near Timmins, Ontario, a request for tender has been made to supply a VTEM airborne EM and magnetic gradiometer survey for the entire property. A decision to choose a supplier of the needed services will be made as soon as possible.
Mr. Gary Kirk, CEO/President of Gold Dynamics Corp. said, "While we enjoyed a great amount of success from our surface sampling efforts this past summer which proved the Hoyle North property has a broad range of mineralization, it is now time to look deeper into our ground. The airborne VTEM will go a long way towards understanding where the hoped for ore bodies lay at depth and identifying the potential continuity and may provide clues as to the type of mineralization existing. While the Induced Polarization done in 2007 identified 2 targets of significant interest, it only surveyed approximately 1/8th of our property. It is my goal to expand the number of available targets through the VTEM survey which will give us more information so that a winter drill program may be strategically planned."
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.