Dryden Gold Strengthens Regional Pipeline with Hyndman Drill Permit and Field Activities
Dryden Gold Strengthens Regional Pipeline
with Hyndman Drill Permit and Field Activities
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) -
Dryden Gold Corp. (TSXV: DRY)
(OTCQB: DRYGF)
("
Dryden Gold
" or the "
Company
") is pleased to announce that it has received
exploration permits from the Ontario Ministry of Mines for drill testing the Hyndman property
("
Hyndman
") in the Dryden Gold District. With the arrival of the 2025 summer field season, the
Company has launched its regional exploration campaign. Field crews are set to start detailed mapping
and channel sampling at
Hyndman
to prepare for future drill testing of multiple unexplored geophysical
anomalies. The geology team is preparing for the initial drill test at
Sherridon,
where detailed mapping
from 2024 has exposed multiple drill ready targets.
The Company has grown its exploration team including an exploration manager to create consistency in
logging and geological interpretation. To further improve our structural thesis, detailed mapping has
begun on new Gold Rock extension targets.
2025 Field Activity Highlights:
Fladgate Exploration Consulting ("
Fladgate
") is set to begin mapping & testing
Hyndman
ALS Geoanalytics ("
ALS
") to lead
property-wide
soil and till geochemical survey
Local mapping expert, Sundog Geology for the
Gold Rock
extensions to the north & south
Dryden Gold appoints
Ryan Humphries
as Exploration Manager
CEO Trey Wasser explains the Company's exploration strategy, "
Dryden Gold holds a dominant land
package in the Dryden Gold District that is strategically positioned on the main gold bearing fault
structures. This favourable setting underpins the Company's two-pronged exploration strategy: to
advance the high-grade Gold Rock structures while aggressively pursuing new regional discoveries.
Our two main regional exploration targets Hyndman and Sherridon highlight two different types of
potential gold deposits in different host rocks from that at Gold Rock. Having multiple deposit styles is
common in large gold districts like Timmins and Val-d'Or. We feel that exploring these two regional
targets helps to build the case that our property package constitutes an emerging gold district. Our
strategic investors as well as other mid-tier/major companies have expressed their keen interest in our
early exploration of the regional potential of the Dryden Gold District.
"
Field Program Updates
The Company has engaged
Fladgate
to lead the 2025 summer field program at the
Hyndman
Property
(Figure 1). This program will include detailed geological mapping and sampling at the
initial
2023 discovery site
, as well as systematic traverses over untested geophysical anomalies identified
through the 2023 Mira Geoscience 3D inversion study. Following reconnaissance mapping in 2023 and
expanded geological work in 2024
, Fladgate will now undertake a channel sampling program to evaluate
the extent and continuity of the granodiorite-hosted stockwork mineralization.
The Company has retained regional mapping expert,
Sundog Geology
to complete another field
season of mapping at Gold Rock with a focus evaluating the northeastern and southwestern expansion
of mineralization along the Manitou-Dinorwic deformation zone.
This work will directly follow up on results
from the 2024 mapping program that included
surface sampling results up to 24.20g/t gold
.
In parallel with ongoing mapping efforts, Dryden Gold has initiated a comprehensive soil and till sampling
program across most of its land package, in collaboration with
ALS Geoanalytics
. This program is
designed to support the Company's regional exploration pipeline and advance the potential for a new
regional discovery. Systematic geochemical sampling will provide vectors toward mineralization that will
play a key role in refining exploration targets and guiding future exploration.
Figure 1: Regional Geology Map with Target location
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/253716_e9eb3e1004e5dac9_001full.jpg
Expanding the Geological Team
Dryden Gold has expanded its
exploration team
to better support the 2025 Exploration Campaign and is
pleased to welcome
Ryan Humphries
as the Company's new
Exploration Manager
. Ryan is a
geologist with 10 years' experience guiding and planning various regional grassroot projects and near-
mine to resource delineation drilling. Large portions of experience exploring for gold, working throughout
Québec for Eldorado Gold, Wesdome Gold (Kiena), Bonterra Resources and Ontario with Wesdome
(Eagle River). Ryan holds a Bachelor of Science in Geology degree from Laurentian University and is a
registered professional geologist in Ontario (P.Geo) and Québec (Géo).
Dryden Gold is committed to local employment with the majority of the exploration team living in
Northwestern Ontario. The Company is also committed to growing local partnerships with First Nations
Communities and whenever possible using local contractors for exploration projects.
Marketing Update
Management will be participating in
The Mining Event of the North
(the "
Event
") on June 3
rd
-5
th
, 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
nd
, 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
th
-10
th
, 2025, followed by an investor roadshow on June 11
th
,
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/253716