Disseminated on behalf of: Dryden Gold Corp.
Trey Wasser, CEO & Director of Dryden Gold Corp. (TSXV: DRY | OTCQX: DRYGF | FSE: X7W), outlines the company’s strong new batch of high-grade gold drill results at Gold Rock on the Elora target in northwestern Ontario, expanding the footprint of the company’s fast-growing gold system and demonstrating the scale of a gold district that has seen limited modern exploration until now.
Gold Rock drilling defines high-grade structure at depth
Unlike many early-stage peers, Dryden Gold is drilling with a defined structural purpose at Gold Rock on the Elora target. Recent results included 2.92 grams per tonne gold over 14.5 metres, with a high-grade interval of 6.79 grams over five metres. A second hole returned 2.48 grams over 12 metres, including 33 grams over half a metre. According to Wasser, the holes were, “drilled to gather structural data between 150 and 200 metres so we can predict where the high-grade gold goes at depth.” That data feeds 3D modelling and deeper drilling, where management expects the next major catalyst.
Tier 1 Ontario jurisdiction draws major gold investors
With strategic capital flowing toward proven gold districts, Dryden Gold sits in one of Canada’s premier mining jurisdictions. Centerra Gold and Alamos Gold are both strategic investors in the company, lending validation from established gold producers. The land package spans approximately 90,000 hectares of a Tier 1 Ontario district with grid power and year-round access in place. With that infrastructure behind it, Dryden Gold gives investors early-stage exposure to a district-scale gold system that drilling continues to expand.
Second drill rig accelerates fully funded 2026 gold drill program
Recent milestones include the deployment of a second drill rig and a fully funded 2026 program of $17.5 million and 45,000 metres of drilling. Wasser says two rigs, “turning at the same time on a system where we’ve already tripled the strike length to over 800 metres will allow us to expand the footprint.” That work advances the goal of defining the system’s full width and length. Looking ahead, the company expects results from Jubilee, deeper drilling, and its regional targets at Mud Lake, Hyndman, and Sherridon.
Dryden Gold positions for catalyst-rich year ahead
As Dryden Gold continues to define its high-grade Ontario gold system, it stands at the intersection of disciplined exploration and renewed interest in Tier 1 gold districts. With a fully funded 45,000-metre drill program underway, the company is positioned to deliver measurable progress in 2026.
Transcript
Trey Wasser
Dryden Gold is advancing a high-grade gold opportunity in northwest Ontario. An Archean low-gold system that is proving to be a very exciting district.
We recently released a very strong batch of drill results from Gold Rock on the Elora target. Our first hole returned 2.92 grams over 14.5 metres. A very wide intercept, including high-grade gold at 6.79 grams over five metres. The second hole returned 12 metres of 2.48 grams with a high-grade interval of 33 grams over half a metre.
But the bigger story is what these holes really set up. They’re really drilled to gather structural data between 150 and 200 metres so we can predict where the high-grade gold goes at depth. And using 3D modelling this summer, we will begin deeper down plunge drilling, testing this 3D modelling, and that’s where we expect the next major catalyst to come from.
To accelerate the work at Gold Rock, we’re deploying a second drill rig. Two rigs turning at the same time on a system where we’ve already tripled the strike length to over 800 metres will allow us to expand the footprint as we define the actual width and length of this system.
All of this is fully funded in our 2026 drill program, $17.5 million, 45,000 metres of drilling across Gold Rock and our regional targets at Mud Lake, Hyndman, and Sherridon.
Centerra Gold and Alamos Gold are strategic investors in Dryden. These two major players are validating the district-scale opportunity that we are sitting on: over 90,000 hectares in a Tier 1 Ontario jurisdiction with grid power, year-round access, and strong First Nations relationships.
We’re excited for the next few months here at Dryden. Watch for deeper drilling, results from Jubilee, the second drill rig spinning, and a first look at our regional targets.
About Dryden Gold Corp.
Dryden Gold Corp. (‘the company’) is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSXV (“DRY”) and traded on the OTCQX (“DRYGF”) and FSE (“X7W”). The company has a strong management team and board of directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100 per cent interest in a dominant strategic land position in the Dryden District of northwestern Ontario. Our property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50 kilometres of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce.
The company has a market cap of C$70.3 million, with 219.54 million shares outstanding. The company’s 52-week range is C$0.145–C$0.48. Management and insiders own 5.40 per cent of company shares, while strategic investors own 52.53 per cent. The remaining 42.08 per cent of shares are retail.
To learn more about Dryden Gold, visit its website. For the latest updates, follow Dryden online: Facebook, X, LinkedIn, Instagram, and YouTube.
The scientific and technical information contained within this article has been reviewed and approved by Maura J. Kolb, M.Sc., P. Geo., Dryden Gold Corp.’s President, who is a Qualified Person, as defined under the terms in National Instrument 43-101.
