Dryden Gold Reports 8.68 g/t Gold over 9.40 Meters at Jubilee
Dryden Gold Reports 8.68 g/t Gold over 9.40
Meters at Jubilee
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) -
Dryden Gold Corp. (TSXV: DRY)
(OTCQB: DRYGF) (FSE: X7W)
("
Dryden Gold
" or the "
Company
") is pleased to report results from
its ongoing drill 2025 program on the Elora Gold System ("
Elora
"). The new results are from the Jubilee
Zone ("
Jubilee
") and Jubilee Hanging Wall ("
HW
") shown in Figure 1. These drill results are part of the
Company's fully funded 15,000-meter 2025 drill campaign targeting the Elora Gold System as well as
regional targets and extensive field work.
Drill Highlights:
Drill hole DRG-25-016 intercepted 8.68 g/t over 9.40 meters including two separate high-
grade zones of 20.50 g/t gold over 1.30 meters and 26.40 g/t gold over 1.40 meters at
Jubilee
Drill hole DRG-25-013 intercepted 3.41 g/t over 5.25 meters including 8.01 g/t gold over
2.50 meters in the HW4 at Jubilee
The Company has now identified four gold-bearing hanging wall structures parallel to the
Jubilee Zone
Trey Wasser, CEO of Dryden Gold, comments,
"We are extremely pleased with our continued drill
success in the Gold Rock Target Area. The Elora Gold System is growing in width, depth and along
strike with every drill hole. Discovering a fourth hanging wall structure at Jubilee with significant grade
is exciting and adds to our "Red Lake" theme.
Regional work is also progressing with three drill holes
completed in a "first pass" drill test at Sherridon and with channel samples from Hyndman now in the
assay lab. With the closing of our recent financing, drilling will continue well into 2026 with an
additional 20,000 meters of drilling and more field work throughout the Gold Rock Camp and at
regional targets. Over the next 12 months we intend to really unlock the gold story in the Dryden Gold
District."
Jubilee Zone
Drill holes DGR-25-015 and 016 were designed to test and expand the highest-grade portion of the
Jubilee Zone (Figure 2). Hole DGR-25-016 expanded the high-grade core of the zone with a result of
8.68 g/t gold over 9.40 meters including two separate high-grade intercepts of 20.50 g/t gold over 1.30
meters and 26.40 g/t gold over 1.40 meters. Hole DGR-25-013 also expanded the Jubilee Zone with
1.54 g/t gold over 10.35 meters including 6.12 g/t gold over 1.30 meters (Figure 2). The geology team is
working with structural geology experts Dr. Ben Frieman of the Colorado School of Mines and Terrane
Geoscience Inc. to refine the controls of the highest-grade mineralization. The periodicity or pattern of
the high-grade zones appears to be controlled by regional structural intersections but the highest grades
within those zones may have a more local control or pattern. The interpretation and learnings from
Jubilee will be applied to the targeting the highest grades within the other zones in the Gold Rock Camp.
Jubilee HW Zone
The Company has drilled several follow up holes on the initial discovery of hanging wall gold
mineralization in hole
KW-25-003
that assayed 301.67 g/t over 3.90 meters including 1,930 g/t over 0.60
meters (
May 7, 2025
). These holes have confirmed multiple stacked structures in the hanging wall of the
Jubilee Zone. Through this program, the Company is seeing significant D2 parallel mineralization,
stacked structures as well as folding of the quartz veins. Hole DGR-25-013 showed a promising
intercept of 3.41 g/t gold over 5.25 meters including 8.01 g/t gold over 2.05 meters in this hanging wall
area close to the Jubilee Zone. Both holes DGR-25-013 and DGR-25-014 intersected good results on
HW1 with hole DGR-25-013 returning 3.75 g/t gold over 2.50 meters including 16.00 g/t gold over 0.50
meters and DGR-25-014 returning 1.98 g/t gold over 4.95 meters.
Drill Program Update
Drilling at Elora has focused on strike extension testing the Pearl Zone ("
Pearl
") and the Laurentian Mine
area ("
Laurentian
") as well as growth and high-grade controls for the Jubilee Zone (Figure 1). Dryden
Gold is currently testing expansion targets following up on the previous drilling of DGR-25-005 which
returned 2.20 g/t gold over 5.90 meters including 10.70 g/t gold over 0.90 meters (
July 24, 2025
), which
may indicate a new high-grade zone at Pearl (Figure 2). The Company will be drill testing 300 meters of
strike length between Pearl and Laurentian which has little to no historical drilling. In addition, the
Company plans to begin drill testing at the two kilometer step out target Mud Lake which returned
surface samples grading up to 24.20 g/t gold (
January 30, 2025
).
Figure 1: Gold Rock Target Area
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/263291_83afd5ac64094a05_001full.jpg
Figure 2: Jubilee and Pearl Zone - Contoured Long Section showing new results
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/263291_83afd5ac64094a05_002full.jpg
Table 1: Drill Result Highlights
Target Area
Drillhole
From
To
Length (m)*
Grade (g/t Au)
Jubilee
DGR-25-016
149.00
158.40
9.40
8.68
Including
150.70
152.00
1.30
20.50
And Including
157.00
158.40
1.40
26.40
HW1
DGR-25-013
89.00
91.50
2.50
3.75
Including
90.00
90.50
0.50
16.00
HW4
DGR-25-013
252.00
256.25
5.25
3.41
Including
253.65
255.70
2.05
8.01
Jubilee
DGR-25-013
277.65
288.00
10.35
1.54
Including
277.65
278.95
1.30
6.12
HW1
DGR-25-014
41.00
45.95
4.95
1.98
Jubilee
DGR-25-015
131.8
141
9.2
1.05
*Reported intervals are drilled core lengths; assay values are uncut
Follow the link to our website for the full list of drill results and more detailed technical overview
.
Regional Exploration Update
Summer field programs are ongoing, first results from Sherridon and Hyndman are expected soon with a
few months of field season remaining. The Exploration team will review the new results and potentially
expand the field program to further test any positive targets. The property-wide soil/till program is track
with over 60% of the sampling completed.
Marketing Update
Management will be attending the
Precious Metals Summit
in Beaver Creek, September 9-12,
2025.Trey Wasser, CEO and Maura Kolb, P. Geo., President will be available for meetings, please
to arrange a booking.
Maura Kolb, P Geo., President has been invited by the Colorado School of Mines to speak at the
Denver Mineral Exploration Symposium 2025
that is taking place on September 12-13, 2025. This two-
day conference brings together mining professionals in various disciplines of exploration geology,
research and development, finance, and policymaking. Maura will be giving an update on Dryden Gold's
high-grade gold project, with a focus on the importance of structural geology when exploring for Archean
lode gold systems and how the technical team's thesis has grown over the past year.
Dryden Gold will also be participating in the
Metals Investor Forum
on September 26-27, 2025, in
Vancouver at the JW Marriott Parq hotel. Maura Kolb, P. Geo will be giving a 10-minute corporate
presentation on Friday September 26
th
at 12pm, followed by a short Q&A. Investors can look forward to
an update on the completion of the 2025 drill program and the 2026 exploration budget. Registration is
free, please click
here
to register and view the agenda.
Financing Update
Dryden Gold announced the closing of its current
$7.8MM financing
on August 18, 2025, which included
$5.95MM of 2026 flow-through exploration funds. The 2026 exploration program is expected to begin in
October 2025 and will include 20,000 meters of drilling with additional regional field work. It is currently
budgeted through June 2026 with no anticipated financing requirements.
Note: The August 18 press release
mistakenly stated that "the Company's CEO, Trey Wasser, subscribed for 250,000 HD Shares and the VP of Exploration subscribed for $50,000
HD Shares". Mr. Wasser subscribed for 125,000 HD Shares and the VP of Exploration subscribed for 50,000 HD Shares
.
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"), on the OTCQB marketplace ("DRYGF") and
on the Frankfurt Exchange ("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 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
Communcations
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/263291