Mr. Trey Wasser reports

DRYDEN GOLD RECEIVES DRILL PERMIT TO TEST HIGH-PRIORITY MUD LAKE DISCOVERY TARGET

Dryden Gold Corp. has received the exploration permit for its Mud Lake target. The permit allows Dryden Gold to drill test extension targets identified through its 2025 drill program and geological mapping. Surface samples collected on a high-grade shear zone similar to Elora, where a significant fold in the mineralized structure occurs, assayed 93.00 grams per tonne gold. This target is north of the previously permitted area and indicates a repetition that demonstrates the potential to extend the known mineralized system providing the foundation for a much larger gold-bearing district. This type of structural periodicity is typical of many high performing gold camps in Northwestern Ontario, including Red Lake.

Trey Wasser, chief executive officer of Dryden Gold, stated: "Based on the data and strong geological similarities, our team believes that Mud Lake has the potential to emerge as a significant extension within the Gold Rock camp. We are increasingly encouraged by the prospect that the Manitou Dinorwic deformation zone (MDdz) could host multiple gold deposits along strike. Securing this drill permit is an important step toward testing the discovery potential at Mud Lake to prove periodicity, at the deposit scale. With our strong treasury providing a robust 2026 field program, our exploration teams will continue mapping and prospecting at several additional high-priority targets across the Gold Rock camp."

Recent geological mapping at the Mud Lake target has identified a mineralized structural corridor that shares several key characteristics with Big Master and Elora at Gold Rock. The 2026 mapping program also identified an en-echelon structural trend, where high-grade gold mineralization was discovered, further strengthening the company's geological interpretation of the target. The approved drill permit also includes the Wamsley target; another high-priority area identified during the 2025 mapping campaign.

At Gold Rock, exploration drilling continues to advance several high-priority targets, including a newly interpreted central mineralized corridor located between the Elora and Big Master systems. A second drill is now operating and is testing the depth extensions of the known high-grade gold zones while the other drill is expanding the structural footprint at Gold Rock. One rig will be deployed to drill Mud Lake in early August.

Qualified person

The technical disclosure in this news release has been reviewed and approved by Maura 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 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-V (DRY) and traded on the OTCQX (DRYGF) and Frankfurt Stock Exchange (X7W). 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 100-per-cent 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 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. Dryden Gold is committed to building respectful, collaborative relationships with indigenous nations and communities throughout our area of operations. The company recognizes the importance of continuing dialogue, mutual understanding and meaningful engagement as the company advances its exploration activities.

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