Dryden Gold Reports Visible Gold in its First Drill Program at Mud Lake North
Dryden Gold Reports Visible Gold in its First
Drill Program at Mud Lake North
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2026) -
Dryden Gold Corp. (TSXV:
DRY) (OTCQX: DRYGF) (FSE: X7W)
("
Dryden Gold
" or the "
Company
") is pleased to announce the
discovery of visible gold in the first drill program targeting Mud Lake North which is approximately three
kilometers north of Gold Rock. The drill program was designed to follow up on high-grade surface
samples collected during the
2025 field mapping campaign
. The first two drill holes intersected broad
zones of alteration accompanied by significant sulphide mineralization, while the third drill hole
intersected similar alteration and sulphide mineralization along with visible gold (Figure 1).
Assays are
pending for all three holes. The major goal of testing at Mud Lake North is to prove the periodicity of
target areas within the Gold Rock Camp (Figure 2). Drilling continues at Mud Lake with approximately
2,000 meters planned to test down-plunge and along strike.
Figure 1: Core photographs showing visible gold from drill hole DML-008; A) Multiple specks of
visible gold in a quartz filled fracture; B) The same visible gold bearing fracture viewed from a different
angle and C) Additional specks of visible gold observed on the opposite side of the core.
Click for
video
.
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Trey Wasser, CEO of Dryden Gold, stated, "The discovery of visible gold at Mud Lake North is very
exciting and provides strong initial support for our
'String of Pearls' theory
+ similar to the active mines in
the Red Lake District. We believe the Manitou-Dinorwic deformation zone has the potential to host
multiple gold deposits along strike. Seeing visible gold in these drill holes is an encouraging early
indicator that our geological model may be correct and strengthens our confidence in the potential for
additional discoveries across the Gold Rock Camp."
Figure 2 - Plan map of the location of Gold Rock, Mud Lake North and Doubloon
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Marketing Update
Dryden Gold's management team will be available for investor meetings during the
Precious Metals
Summit
in Beaver Creek, Colorado, from September 22-25, 2026, and
Mining Forum Americas
in
Colorado Springs from September 27-30, 2026. Interested parties are encouraged to contact
to arrange a meeting. The Company looks forward to providing an exploration
update on its fully funded 45,000-metre drill program and discussing its ongoing exploration activities. To
learn more, please review our updated corporate presentation,
here
.
Qualified Person
The technical disclosure in this news release has been reviewed and approved by Maura 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, 2025 and 2026 programs 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 is an exploration company focused on the discovery of high-grade gold mineralization listed
on the TSX Venture Exchange ("
DRY
") and traded on the OTCQX ("
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 100% interest in mining
claims in a dominant strategic land position in the Dryden District of Northwestern Ontario. 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. Dryden Gold is
committed to building respectful, collaborative relationships with Indigenous Nations and communities
throughout our area of operations. We recognize the importance of ongoing dialogue, mutual
understanding, and meaningful engagement as we advance our exploration activities.
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:
Ashley Robinson
Director of Corporate Communications
Email:
Phone: 604-764-7493
Social:
Linktree
Website:
www.drydengold.com
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: receipt of corporate and regulatory approvals, issuance of common shares; future development plans;
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 which include the number of metres of drilling the company may complete in 2026 and the
timing of certain exploration programs during the coming year. 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; 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 offering; 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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