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Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing Structures

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Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing Structures

 

 

 

 

 

Dryden Gold Corp. (TSX-V: DRY) (OTCQB: DRYGF)  is pleased to announce new results from its initial drill campaigns at the new Pearl Target, previously the Intersection Target, and the historical Laurentian Mine Target.

 

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.

 

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 and on the OTCQB marketplace. 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.

 

Posted June 19, 2025

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