Dryden Gold Advances District-Scale Discoveries with the Completion of its 2025 Exploration Campaign
Dryden Gold Advances District-Scale
Discoveries with the Completion of its 2025
Exploration Campaign
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) -
Dryden Gold Corp. (TSXV: DRY)
(OTCQB: DRYGF)
("
Dryden Gold
" or the "
Company
") is pleased to provide an update on the 2025
Exploration Campaign. The Company has recently finished the planned 15,000 meters of drilling and
completed all the summer fieldwork. There are 19 holes with assays pending from this drill program.
(Table 1). The holes to be released from the 2025 drill program targeted the Gold Rock target Area
("Gold Rock") and the Mud Lake target Area ("Mud Lake") - (
summary video
). In addition, the results
from regional field work which included mapping, sampling and soil programs are still outstanding.
The 2025 Exploration program was designed to advance the Company's two pronged
exploration
strategy
. Approximately 55% of the budget was allocated to expanding Gold Rock and 45% was
focused on regional exploration to support new discoveries in the Dryden Gold District and to develop
new high-grade gold targets in the Gold Rock Camp.
Trey Wasser, CEO of Dryden Gold states "The 2025 exploration program has been a tremendous
success. The results, released to date, support our thesis of district-wide development on our large
strategic land package. The high-grade mineralized footprint at Gold Rock has grown substantially with
the discovery of multiple parallel mineralized structures. Mud Lake results will
confirm periodicity at the
deposit scale and validate our many early target areas in the Gold Rock Camp. Results at Hyndman and
Sherridon are very exciting and both regional targets will be included in our 2026 Program. This year has
been a pivotal year for Dryden Gold having set up our exploration facilities and hiring our own local
geology team with some of the best young talent in the industry".
Dryden Gold had four stated objectives that comprised its 2025 Exploration Program:
The first objective for Dryden Gold was to expand the footprint of the Gold Rock Target Area.
Drilling tested along strike on the Elora Gold System where the Company discovered multiple
parallel gold-bearing structures with exceptional high-grade intercepts. The 15 outstanding drill
holes at Gold Rock continue to expand the footprint. The Geology Team (the Team") is working to
finalize long section interpretation of these multiple parallel zones and continue to pinpoint the
controls of the high-grade gold.
The second objective was to prove the periodicity at the deposit scale, within the Gold Rock
Camp, by drill testing the potential at the Mud Lake. Mud Lake is approximately two kilometers
northeast of Gold Rock and became an exploration target due to the geophysical anomaly
comparable to Gold Rock. It was initially tested in 2024 through mapping and surface sampling.
The Company has completed an initial four-hole drill program with assays pending.
The recent assays from channel sampling at our third objective, Hyndman, have resulted in a
positive drill decision and the Team is currently planning its first-pass drill targets for the 2026
Program. The channel sampling program targeted existing outcrop exposures while geophysics
anomalies show a potential strike length of approximately four kilometers. High-grade gold was
assayed where the exposed rock hosted
veining and shear hosted gold mineralization
. Drill testing
will allow the team to test the continuity of this mineralization below surface and along strike. The
Team believes there is potential for multiple shear parallel gold bearing structures, with significant
strike length, at
Hyndman
.
Lastly, the initial three-hole drill program at
Sherridon has discovered
board-scale gold
mineralization. This board-scale mineralization differs from anything else encountered on the
property to date. Sherridon is hosted within a large geophysical anomaly with a strike length of five
kilometers. Testing to date has focused on a small portion of that trend leaving the Sherridon target
open in all directions. Additional drill targets will be designed based on drill results and geological
interpretations from expanded mineral assays, geochemistry and re-logging of historic core.
Figure 1: Dryden Gold Property Geology Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/271541_9dacfb795411d968_001full.jpg
Table 1: 2025 Exploration Program stats as of October 23, 2025
2025 Exploration Campaign Stats - October 23, 2025
Drilling Stats
Total meters completed:
15,415 meters
100%
Gold Rock
12,956 meters
84%
Mud Lake
1,214 meters
8%
Sherridon
1,245 meters
8%
Total number of holes completed:
49 holes
100%
Gold Rock
42 holes
86%
Mud Lake
4 holes
8%
Sherridon
3 holes
6%
Drilling Gold Assay Results Stats
Holes released
30 holes
61%
Gold Rock
27 holes
90%
Mud Lake
0 holes
0%
Sherridon
3 holes
10%
Holes pending
19 holes
39%
Gold Rock
15 holes
79%
Mud Lake
4 holes
21%
Sherridon
0 holes
0%
Regional Field Exploration
Hyndman Channel Program
100%
Total Channels cut
129 channels
Total number of samples
596 samples
Total number of channel samples released
596 samples
100%
Gold Rock Regional Mapping
100%
Total number of samples
510 samples
Total number of samples released
0
0%
Property Soil/Till Program
100%
Total number of samples
4,278 samples
Total number of samples released
0
0%
Link to video summary
Additional Regional Exploration
Gold Rock Camp
The 2025 summer field mapping campaign targeted several high-priority target areas for ground truthing
and first pass prospecting throughout the 20-km Gold Rock Camp. The mapping campaign expanded
on a fault intersection target on the east side of the Manitou Dinorwic deformation zone where
arsenopyrite mineralization was encountered during the 2024 mapping campaign. In addition, the
program focused on the northeast trend pass beyond Mud Lake where a previously untested
geophysical anomaly was sampled with assays and geochemical results pending.
Soil & Till Program
Dryden Gold completed a systematic regional till and soils program during the summer of 2025 that
consisted of 4,278 samples across its 70,250-hectare land package. The field collection was completed
by October 2025 and lab analysis is ongoing with Dryden expecting results by late 2025/early 2026. This
comprehensive dataset will support ongoing regional targeting and help future prioritization of
exploration across Dryden's property.
Marketing Update
Maura Kolb, P. Geo., President will be participating in the upcoming
New Orleans Investment
Conference
taking place on November 2-5, 2025, and will be presenting on November 3
rd
at 9:50am CT
at Presentation Area One in the Exhibit Hall. Investors are encouraged to stop by Booth #228 to ask
management questions about our fully funded, ongoing 20,000+ meter drill program. On November 6
th
,
Maura will be giving a corporate presentation to new investors during a roadshow in Atlanta, Georgia,
organized by Roger Fitzpatrick at the
Palm Restaurant
.
Exploration Manager, Ryan Humphries will be presenting at the
Central Canadian Mineral Exploration
Convention
in Winnipeg on November 3
rd
during Session 5 at 1:30pm CT to give an exploration update.
CEO Trey Wasser will be meeting with investors at the
121 London Mining Investment Conference
taking place on November 17-18. Shortly thereafter, Trey will also be participating in the
Swiss Mining
Institute Zurich
conference from November 20-21 hosting more one-to-one meetings with guest
speakers, Claude Bejet Peter Krauth, Florian Grummes, Eric Strand and more. We welcome investors
to reach out for meetings and to review our updated corporate presentation,
here
.
For more information about which conferences management will be attending next, please visit our
Events page,
here
.
Marketing Agreement and Stock Options
Dryden Gold Corp wishes to announce that it has agreed to extend its engagement with Vancouver-
based Matrix Agency Marketing Ltd. ("Matrix"), a marketing and consulting services company focused
on the junior mining sector, effective November 1, 2025. Under the terms of the renewal agreement (the
"Agreement"), Dryden Gold will compensate Matrix $16,000 per month, over a 12-month term of the
Agreement and has granted Matrix stock options (the "Options") exercisable to acquire an aggregate of
100,000 common shares at a price of $0.31 per share for five years. The Options shall vest quarterly
over a period of 12 months, with 25% vesting each quarter. Matrix may from time to time acquire or
dispose of securities of the Company through the market, privately or otherwise, as circumstances or
market conditions warrant.
Matrix has also agreed to the Company's insider trading policy and will
observe the Company's trading blackouts. Matrix and its affiliates are at an arm's length to Dryden Gold
Corp. and has no other relationship with Dryden Gold Corp., except pursuant to the Agreement. The
Agreement is subject to the approval of the TSX Venture Exchange.
Qualified Person
The technical disclosure in this news release has been reviewed and approved by Maura J. Kolb, M.Sc.,
P. Geo., President of Dryden Gold and a Qualified Person as defined by National Instrument 43-101 of
the Canadian Securities Administrators.
Analytical Laboratory and QA/QC Procedures
The Company is drilling NQ size core. Samples are cut in half, with half going to the lab for analysis and
half kept as a record. True thickness/widths of the mineralization are unknown, result intervals are
reported as the drilled core lengths unless otherwise stated. All sampling completed by Dryden Gold
Corp. within its exploration programs is subject to a Company standard of internal quality control and
quality assurance (QA/QC) programs which include the insertion of certified reference materials, blank
materials, and a level of duplicate analysis. Drill samples from the 2024 and 2025 program were sent to
Activation Laboratories, with sample preparation and analysis in Dryden, where they were processed for
gold analysis by 50-gram fire assay with an atomic absorption finish and over limits determined by Fire
Assay with a gravimetric finish. Select samples were analyzed using metallic screens. Activation
Laboratories systems conform to requirements of ISO/IEC Standard 17025 guidelines and meets assay
requirements outlined for NI 43-101.
ABOUT DRYDEN GOLD CORP.
Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold
mineralization listed on the TSX Venture Exchange ("DRY") and on the OTCQB marketplace ("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%
interest in a dominant strategic land position in the Dryden Gold District of Northwestern Ontario. Dryden
Gold's property package includes historic gold mines but has seen limited modern exploration. The
property hosts high-grade gold mineralization over 50km 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.
For more information go to our website
www.drydengold.com
.
CONTACT INFORMATION
Trey Wasser, CEO
Email:
Phone: 940-368-8337
Ashley Robinson, Director of Corporate
Communications
Email:
X:
@DrydenGold
Maura Kolb, M.Sc.. P. Geo., President
Email:
Phone: 807-632-2368
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release
.
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains "forward-looking statements" within the meaning of applicable
securities legislation. Forward-looking statements include, but are not limited to, statements with respect
to the acquisition of the Property, receipt of corporate and regulatory approvals, issuance of common
shares; future development plans; future acquisitions; exploration programs; and the business and
operations of Dryden Gold. Forward-looking statements relate to information that is based on
assumptions of management, forecasts of future results, and estimates of amounts not yet determinable.
Any statements that express predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often but not always using phrases such as "expects", or
"does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled",
"forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that
certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be
achieved) are not statements of historical fact and may be "forward-looking statements." Forward-
looking statements are subject to a variety of risks and uncertainties which could cause actual events or
results to differ from those reflected in the forward-looking statements, including, without limitation: risks
related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to
the outcome of legal proceedings; political and regulatory risks associated with mining and exploration;
risks related to the maintenance of stock exchange listings including receipt of TSX Venture Exchange
approval for the acquisition
of the Property; risks related to environmental regulation and liability; the
potential for delays in exploration or development activities; the uncertainty of profitability; risks and
uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral
deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for
unexpected costs and expenses; the possibility that future exploration, development or mining results will
not be consistent with the Company's expectations; risks related to commodity price fluctuations; and
other risks and uncertainties related to the Company's prospects, properties and business detailed
elsewhere in Dryden Gold's and the Company's disclosure record. Should one or more of these risks
and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking statements. Investors are cautioned against
attributing undue certainty to forward--looking statements. These forward-looking statements are made
as of the date hereof and Dryden Gold and the Company do not assume any obligation to update or
revise them to reflect new events or circumstances. Actual events or results could differ materially from
Dryden Gold's and the Company's expectations or projections.
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