Mr. Trey Wasser reports

DRYDEN GOLD SETS THE STAGE FOR 2026 EXPLORATION CAMPAIGN

Dryden Gold Corp. has reviewed its successful 2025 exploration results and share the company's goals for its 2026 program. Dryden Gold has had a very successful year meeting its 2025 exploration goals.

2025 exploration highlights:

• Successfully accomplished all four exploration objectives while drilling 15,000 metres:
  • Significant growth at flagship Gold Rock target area;
  • Successful test of periodicity at the deposit scale at Mud Lake;
  • Advanced the Hyndman discovery leading to a positive drill decision;
  • New discovery of broad gold mineralization at Sherridon.
• Concluded property-wide soil-till sampling and lidar (light detection and ranging) programs to promote additional regional exploration targets;
• Built out and expanded office and core handling facilities in Dryden, Ont.;
• Increased its in-house exploration team to 10 full-time staff;
• Maintained its industry low all-in drilling costs at $250/metre;
• Received the Ontario Junior Exploration Grant.

In the capital markets:

• Completed a $7.8-million equity financing funding an initial $6-million in 2026 exploration, including a top-off investment from Centerra Gold;
• 2025 warrant exercises added an additional $4,565,473 to the treasury;
• Stock price increase of over 200 per cent -- 52-week range 10.5 cents to 39 cents.

Trey Wasser, chief executive officer of Dryden Gold, commented: "It has been a truly transformative year for Dryden Gold. I want to thank the entire team as well as our loyal and supportive shareholders for driving Dryden Gold's success."

Goals for 2026 exploration campaign

• Continue to grow the Gold Rock target area testing strike length and hangingwall structures from Elora to Big Master;
• Test for periodicity or repetition on strike in the Gold Rock camp with follow-up drilling at the Mud Lake target area and a new anomaly to the south;
• Drill-test the Hyndman regional discovery;
• Follow-up drilling at the Sherridon regional target and to continue the development of the deposit model;
• Interpret the property-wide soil-till program to identify new regional targets to add to the exploration pipeline.

Recap of 2025

The year started out strong with a new strategic partner in Centerra Gold. The company set up its own core facility and developed a strong geology team with additional expert advisers. In March, Dryden Gold made its final property payment to Alamos Gold for 100 per cent of the Upper and Lower Manitou portions of the property. The company received three exploration permits in 2025. The first exploration permit was to allow for further testing to the north on strike on the Elora Gold System part of Gold Rock. The other two permits were designed to allow first pass testing programs on the companies two top priority regional targets Sherridon and Hyndman.

The 2025 drill program successfully tripled the mineralized footprint at the Gold Rock target area. In May the company intersected spectacular visible gold on a new hangingwall discovery of 301.67 grams per tonne gold over 3.90 metres, including 1,930 g/t gold over 0.60 metre. Dryden Gold intersected another hangingwall zone while drilling the gap hole which graded 55.34 g/t gold over 3.50 metres, including 379.00 g/t gold over 0.50 metre. The gap hole drilled across the untested area between the Big Master gold system and the Elora gold system intersecting several parallel gold-bearing structures and showing more potential for the Gold Rock target area.

To further test the periodicity of high-grade mineralization at the deposit scale, the company completed a two-kilometre stepout northeast of Gold Rock at the Mud Lake target area. This program involved mapping and surface sampling at North Mud Lake and four initial drill holes on the southern end of the Mud Lake target.

With the completion of the August equity financing and the warrant exercises, the company is fully financed for an ambitious 2026 exploration campaign.

The company has a two-pronged approach to exploration focusing on growth at its flagship Gold Rock target area as well as making new regional discoveries. The company completed a property-wide soil-till sampling program coupled with a lidar survey to aid in the detection of new exploration targets. During 2025, Dryden Gold focused on two top priority regional exploration targets Hyndman and Sherridon. Summer fieldwork on Hyndman returned high-grade surface channel samples including 23.32 g/t gold over 2.80 metres which resulted in a positive drill decision for Hyndman. The initial drill program at Hyndman will be part of the 2026 exploration program. The team tested new structural interpretation at Sherridon with an initial three-hole drill program that showed board zones of gold mineralization. In addition, the company was able to purchase one of the royalties on the property.

Marketing in 2026 Dryden Gold will be kicking off its 2026 marketing calendar by exhibiting at the Metals Investor Forum (MIF) in Vancouver on Jan. 23 to Jan. 24, 2026, and will be presenting on newsletter writer, Chen Lin's panel.

The technical team will be participating at the core shack in booth No. 1024 at AME Round Up in Vancouver at the Vancouver Convention Centre East on Jan. 28 to Jan. 29.

Qualified person

The technical disclosure in this news release has been reviewed and approved by Maura J. Kolb, MSc, PGeo, 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 (quality assurance/quality control) 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 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 in Dryden, Ont., 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 on the OTCQB marketplace (DRYGF). The company has a strong management team and board of directors comprises experienced individuals with a record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100-per-cent 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 50 kilometres 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 work force.

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