Gold Dynamics (GLDN) Extends Option Agreement on Hoyle North Property

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