Dryden Gold Expands the Gold Rock Camp with High-Grade Discoveries at Mud Lake
Dryden Gold Expands the Gold Rock Camp
with High-Grade Discoveries at Mud Lake
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) -
Dryden Gold Corp. (TSXV:
DRY) (OTCQB: DRYGF)
("
Dryden Gold
" or the "
Company
") is pleased to announce results from its
first pass 3-hole exploration program at the Mud Lake Target Area ("
Mud Lake
") in the Gold Rock
Camp. Mud Lake is located 2 kilometers northeast of the main Gold Rock target area along the prolific
Manitou-Dinorwic Deformation Zone ("
MDdz
"). The objective of the step-out drilling at Mud Lake was to
confirm the periodicity (or repetition) of the high-grade gold structures controlled by the MDdz along its
20-kilometer strike in the Gold Rock Camp. With this successful step-out, the Company will continue to
develop addition targets in the Gold Rock Camp.
Summary video link.
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Highlights:
Quartz vein intersects as high as
43.10 g/t gold over 0.50 meters
(similar to be the Big Master)
from 76.50m to 77.00m depth (Table 1, Table 3);
Surface sampling on high-grade a shear zone of
93.00 g/t gold
(similar to be the Elora) (Table 2);
Additional mapping and sampling indicates potential at Mud Lake for a 1-kilometer mineralized
footprint similar to the Gold Rock target area.
Trey Wasser, CEO of Dryden Gold commented, "One of our four major objectives in the 2025
exploration program was to validate our theory of periodicity of deposits in the Gold Rock Camp.
Our
early success at Mud Lake confirms that the geological setting could support multiple sub-parallel, gold-
bearing structures. This type of structural repetition is the foundation of many high-performing gold
camps and signals meaningful upside for ongoing exploration. In hockey terms, these Mud Lake results,
combined with our success in expanding the Gold Rock target area, our early exploration success at
Sherridon and Hyndman, would be considered a 'haul' scored by Dryden Gold in 2025."
Mud Lake was first tested through the Company's
2024 mapping campaign
. Structural controls and
surface expression at Mud Lake showed potential for similar mineralization to the Big Master and Elora
Gold Systems in the Gold Rock target area. The mapping program from 2025 followed the mineralized
trend further north where a sizable shear zone intersects favourable host rocks (Figure 1).
Figure 1: Geology map of Gold Rock and Mud Lake Target Areas
To view an enhanced version of this graphic, please visit:
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The geological interpretation for the expanded Mud Lake footprint is still on-going. Initial findings from
the mapping and drill program show a flexure or bend in the mineralized trend. This geometry is common
in shear zone systems and had been hypothesised by the geology team. The 2025 mapping confirmed
this geometry where weather resistant quartz-feldspar porphyry ("QFP") rocks outcropped hosting
mineralization. The 2024 mapping program and 2025 drill holes targeted the southern portion of Mud
Lake where narrow vein structures outcrop and have a very similar appearance to the Big Master system
at Gold Rock. Samples from North Mud Lake indicate broader mineralization throughout the QFP
(Figure 2). The geology team theorizes that the Pincher deformation zone may act like the Elora Shear at
Gold Rock and host wider zones of mineralization. Unfortunately, like the Elora Shear, the Pincher
deformation zone does not outcrop and will have to tested through drilling. The geology team will
continue to analyze the data collected from the summer Mud Lake program to plan permitting and further
testing at Mud Lake.
Figure 2: New results and geology of Mud Lake and North Mud Lake extension
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Table 1: Mud Lake Drill Results
Target Area
Drillhole
From
To
Length (m)*
Grade (g/t Au)
Mud Lake
DML-25-001
272.00
297.10
25.10
0.33
293.80
297.10
3.30
2.18
Mud Lake
DML-25-002
76.50
77.00
0.50
43.10
229.90
231.00
1.10
2.24
Mud Lake
DML-25-003
69.00
73.04
4.04
0.83
Including
71.21
73.04
1.83
1.63
Mud Lake
191.80
192.80
1.00
0.30
DML-25-004
248.30
249.30
1.00
0.26
340.00
342.00
2.00
0.45
*Reported intervals are drilled core lengths, true width is unknow; assay values are uncut
Follow the link to our website for the full list of drill results and more detailed technical overview
.
Table 2: Highlight surface sample results North Mud Lake
Sample #
Easting
Northing
Gold (g/t)
Description
1291084
523442
5479509
93.00
Quartz-ankerite vein within quartz-feldspar porphyry with disseminated pyrite.
1290291
523438
5479523
19.80
Quartz-ankerite breccia vein within quartz-feldspar porphyry & pyrite
1290841
523443
5479548
15.00
Altered quartz-feldspar porphyry with small quartz-ankerite veinlets with fine
grained pyrite
1291066
523661
5479265
2.77
Strongly ankerite and sericite altered wall rock with disseminated pyrite and
quartz-ankerite vein
1291074
523501
5479509
1.17
Strongly foliated mafic volcanic rock with intense ankerite alteration. Sample
hosted quartz-ankerite veins wide with pyrite
1291083
523469
5479449
1.10
Representative quartz-feldspar porphyry host rock sample with veining and
disseminated pyrite mineralization.
1291069
523496
5479372
0.91
Highly altered quartz-feldspar porphyry with quartz veining and pyrite
mineralization
1290852
523499
5479484
0.90
Intense ankerite alteration with sericite alteration, minor quartz veinlets and
disseminated pyrite
1290849
523499
5479484
0.86
Quartz-ankerite vein with pyrite in the vein.
1290847
523498
5479492
0.76
Quartz-feldspar porphyry with minor veining and very fine-grained
disseminated pyrite.
1290839
523456
5479556
0.68
Quartz-feldspar porphyry with quartz-ankerite breccia veining and pyrite
mineralization.
1290853
523499
5479484
0.68
Intense sericite alteration with quartz-ankerite stringer veinlets and pyrite
mineralization.
1290817
523926
5480166
0.66
Quartz vein with intense ankerite alteration on contacts with minor tourmaline
and pyrite.
1291088
523478
5479432
0.63
Quartz-feldspar porphyry with quartz veining
1291067
523661
5479265
0.63
Sample of vein material with wall rock being strongly foliated. Sample is
ankerite, chlorite, sericite altered with fine disseminated pyrite
1291087
523442
5479509
0.63
Quartz breccia with strong ankerite alteration and disseminated pyrite
1291064
524067
5479342
0.57
Sample of vein material with wall rock being strongly chlorite and sericite
altered with sulphides
1291075
523501
5479509
0.56
Sample mostly quartz-ankerite vein with pyrite within a quartz-feldspar
porphyry dyke
1290842
523443
5479548
0.55
Quartz-ankerite vein with minor strongly altered wall rock and rusty pyrite
mineralization.
1290290
523457
5479486
0.54
Quartz-feldspar porphyry with quartz-ankerite breccia veins hosting pyrite.
Sample locations are in NAD 83 Zone 15 UTM coordinates
Sample #
Easting
Northing
Gold (g/t)
Description
Marketing Update
Together with the team at the KE Report, Dryden Gold will be hosting a webinar on December 4, 2025,
at 9:30am PT/12:30pm ET for a 2025 overview of our exploration program and some details about our
upcoming key initiatives for the 2026 drill program. Registration is free, please
click here to sign up
.
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 in Dryden Ontario, 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.
Table 3: Drill Hole Information.
All coordinates are in NAD83/Zone15N
Hole Number
Easting
Northing
Elevation (m)
Azimuth (°)
Dip (°)
Actual Depth (m)
Core Size
DML-25-001
523,761
5,479,050
429
308
-45
305
NQ
DML-25-002
523,880
5,478,963
419
313
-45
272
NQ
DML-25-003
523,394
5,478,696
422
280
-45
242
NQ
DML-25-004
523,656
5,478,658
421
347
-45
398
NQ
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
Maura Kolb, M.Sc.. P. Geo., President
Email:
Phone: 807-632-2368
Ashley Robinson, Investor Relations
Email:
X:
@DrydenGold
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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