Dryden Gold Confirms the Elora Gold System at One Kilometer Strike Length and Reports Visible Gold on Two New Exploration Targets
Dryden Gold Confirms the Elora Gold System
at One Kilometer Strike Length and Reports
Visible Gold on Two New Exploration Targets
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) -
Dryden Gold Corp. (TSXV: DRY)
(OTCQB: DRYGF)
("
Dryden Gold
" or the "
Company
") is pleased to announce that Visible Gold
("VG")
was observed on Dryden Gold's initial drill program at the historical Laurentian Mine Target
("
Laurentian
") and the Intersection Target on the Elora Gold System.
Laurentian is approximately one
kilometer north of the Jubilee Target ("
Jubilee
") where the Company recently released assay results of
301.67 g/t over 3.90 meters including 1,930 g/t over 0.60 meters
in a newly discovered hanging wall
structure. The VG intersected at Laurentian was on a new parallel mineralized hanging wall structure. At
the new Intersection Target, 200 meters northeast of Jubilee, VG was intersected before the main target
in a mineralized footwall structure. This confirms new target potential on parallel high-grade structures
along a one-kilometer strike at the Elora Gold System. Both holes have been submitted to the lab and
results are expected in the coming weeks.
Trey Wasser, CEO of Dryden Gold states "
I feel that finding visible gold in these two first pass
exploration targets, over a one-kilometer strike length, confirms that our Team's structural
interpretation has reached a real breakthrough. Based on our mapping and interpretation, the newly
identified gold bearing deformation event (D3) intersects the Elora and Big Master Gold Systems and
appears to have enriched several parallel mineralized structures. This has allowed the Team to
update the drill plan and really vector in on high-grade targets. This D3 fault structure is prevalent
throughout the Gold Rock Camp. So, as we now prepare to test the Mud Lake Area, which is located
two kilometers north of Laurentian, we are rapidly gaining confidence in our ability to continue to
identify value targets and make new discoveries to create shareholder value.
"
Figure 1: VG from Laurentian Mine Target Hole DGR-25-001 New Hanging Wall Zone
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/253458_figure1.jpg
Figure 2: VG from Hole DGR-25-007 at the Intersection Target
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/253458_figure%202.jpg
Figure 3: Plan Map of Gold Rock Exploration Targets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/253458_7f61f74ec453aa0e_004full.jpg
Jubilee Zone
A new phase of drilling at Jubilee has begun and will focus on confirmation of the plunge of the main
zone as well as follow-up of the
newly discovered HW Zone
. These results will be processed throughout
the month of June. The Company would like to clarify that turnaround time for logging the oriented core
and receiving lab results, on these deeper drill holes, is now running approximately 8-10 weeks. Since
drilling started on this phase of the program, the Company has completed 6,818 meters of drilling on the
Elora Gold System with 4,416 meters pending assay results.
Marketing Update
Management will be participating in
The Mining Event of the North
(the "
Event
") on June 3-5, 2025, in
Quebec City. CEO, Trey Wasser will be meeting with shareholders and new investors over one-to-one
meetings and various networking events. Prior to the Event, on June 2, the Company will sponsor an
investor lunch in Montreal and a dinner in Quebec City organized by
MI3 Communications
. Subsequent
to the Event, Mr. Wasser will be meeting with institutional clients.
Dryden Gold will also be participating in
121 Mining Investment New York
on June 9-10, 2025, followed by an investor roadshow on June 11,
2025, organized by
Trinity Financing Investments Corporation
. Investors can expect an update on the
ongoing drill program and recent assays from the Gold Rock Camp.
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 is 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").
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 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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