Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing Structures
Dryden Gold Extends the Elora Gold System to
One Kilometer Strike and Discovers Multiple
Stacked Gold-Bearing Structures
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) -
Dryden Gold Corp. (TSXV: DRY)
(OTCQB: DRYGF)
("
Dryden Gold
" or the "
Company
") is pleased to announce new results from its
initial drill campaigns at the new Pearl Target, previously the Intersection Target,
("Pearl")
and the
historical Laurentian Mine Target
("Laurentian")
.
Drill Highlights
Drill Hole DGR-25-001, at Laurentian, returned assays of
28.60 g/t gold over 0.50 meters
in a
hanging wall structure which represents a similar zone a kilometer to the northeast on strike to the
new hanging wall discovery at the Jubilee Zone, which returned
301.67 g/t over 3.90 meters
including 1,930 g/t over 0.60 meters
(Figure 1).
Drill Hole DGR-25-007, at Pearl, returned assays of
2.26 g/t gold over 8.80 meters including
7.12 g/t gold over 2.60 meters and including 25.80 g/t gold over 0.60 meters
.
Drill Hole DGR-25-006, at Pearl, intersected three stacked structures totalling over 21 meters and
Drill Hole DGR-25-007 intersected three stacked structures totalling over 24 meters. (see Table 1).
See more details in the description below.
Drill Hole DGR-25-002, at Laurentian, intersected five stacked mineralized structures totalling over
23 meters combined width (see Table 1).
Trey Wasser, CEO of Dryden Gold, states: "We are very pleased with the first pass drilling at Laurentian
and Pearl showing significant widths of gold-bearing mineralization. This drill program is defining a much
broader gold-bearing corridor, defined by multiple, sub-parallel shear-vein systems along the Elora Gold
System. This is now emerging as key theme in the Gold Rock Camp."
"The recognition of multiple, sub-parallel gold-bearing structures, each capable of hosting high-grade
gold mineralization adds numerous priority exploration targets by interpreting the intersections of the
recognized D1, D2, D3, or fold-related elements which provides opportunities for dilation within the
system and now identifies a key control of high-grade gold mineralization," stated Maura Kolb, President
of Dryden Gold.
The Pearl Target
At Pearl, approximately 400 meters north of Jubilee, initial hole DGR-25-007 intersected three gold-
bearing mineralized zones at shallow depths. The main zone intercept returned 2.26 g/t gold over 8.80
meters including 7.12 g/t gold over 2.60 meters and 25.80 g/t gold over 0.60 meters. The total width of
the three stacked gold-bearing mineralized structures on hole DGR-25-007 at Pearl was over 24 meters
from 87.50-88.50 meters (FWA), 121.20-130.0 meters (Pearl) and 138.40-153.00 meters (Pearl HW).
Two of these mineralized zones, Pearl and HW Pearl, (Table 1, Figure 1) are very closely spaced
together and may represent a thickening of the Elora Gold System at the Pearl Target. Hole DGR-25-
006 also intersected three stacked mineralized structures from 183.20-184.40 meters (FWA), 235.00-
246.00 meters (Pearl) and 249.40-259.00 meters (Pearl HW).
Figure 1: Plan map of reported drill holes displaying hanging and footwall structures.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/256086_9933c29f943c2828_001full.jpg
The Laurentian Target
At Laurentian, the initial hole DGR-25-001 was drilled from the hanging wall but was terminated early,
due to encountering historical underground workings, before reaching the targeted high-grade zone.
Holes DGR-25-002 and DGR-25-003 (assays pending) were drilled from the footwall side of the target
approximately 100m along-strike to the southwest. (Figure 2). These holes were purposefully targeted
well south of the historic high-grade zone to test the geological features for favourable shearing and
alteration while not encountering the old workings. These holes intersected additional parallel
mineralized zones but were intentionally outside of the high-grade area.
The exploration team is planning follow-up drilling at Laurentian focusing on deeper extensions of the
system to effectively test below the historical workings to test these stacked structures within the high-
grade zone. At Pearl, targets are now being developed to test depth and strike extension and expand
the high-grade zone.
Table 1: Dryden Gold Drill Results.
Drillhole
Target Area
From
To
Length (m)*
Grade (g/t Au)
DGR-25-001 (Laurentian)
HW1
66.00
66.50
0.50
28.60
DGR-25-002 (Laurentian)
FWA
44.33
46.88
2.55
1.23
Laurentian
118.50
120.71
2.21
0.43
HW3
280.84
291.00
10.16
0.11
HW2
299.00
305.60
6.60
0.23
HW 1
400.00
401.80
1.80
1.28
DGR-25-006 (Pearl)
FWA
183.20
184.40
1.20
3.71
Pearl
235.00
246.00
11.00
0.28
HW Pearl
249.40
259.00
9.60
1.52
DGR-25-007 (Pearl)
FWA
87.50
88.50
1.00
1.80
Pearl
121.20
130.00
8.80
2.26
Including
121.70
124.30
2.60
7.12
And including
123.10
123.70
0.60
25.80
HW Pearl
138.40
153.00
14.60
0.63
*Reported intervals are drilled core lengths; assay values are uncut
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").
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, Investor Relations
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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