Mr. Trey Wasser reports
DRYDEN GOLD DISCOVERS TWO NEW GOLD BEARING STRUCTURES FURTHER EXPANDING THE MINERALIZED FOOTPRINT AT GOLD ROCK
Dryden Gold Corp. has released recent drill results that confirm the discovery of two new gold-bearing structures at Gold Rock. A new high-grade mineralized structure between Elora and the Big Master gold systems was intercepted at 250 to 500 metres true depth (Elora 2). Like the multiple mineralized hangingwall structures, this new structure has no surface expression. The mineralization is comparable with the brecciated quartz veining found at Big Master. The consistency of the structural setting and mineralization, along strike and at depth, supports the interpretation that this represents a significant mineralized corridor and not merely another hangingwall structure. A second structure was discovered in a single drill hole at the historic Paymaster target. Since drilling began in 2023, the company has proved that Gold Rock is a very robust gold system. Having now drilled over 34,000 metres, Dryden Gold has expanded the mineralized footprint from three structures and two high-grade zones to over 15 structures and a dozen high-grade zones.
Highlights:
- DGR-060C intersected 3.38 grams per tonne gold over 4.30 metres, including 19.90 grams per tonne gold over 0.50 metre at 250 metres true depth.
- DGR-065 intersected 2.12 g/t gold over 1.02 metres 500 metres along strike from DGR-060C at 500 metres true depth.
- Elora 2 significantly increases the continuity of the footprint across Gold Rock.
- Paymaster expands the mineralized footprint across Gold Rock from 500 metres to 750 metres.
The current drill program included Dryden Gold's first test of the Paymaster target located east of the historic Big Master mine workings and adjacent to the Manitou Dinorwic deformation zone (MDdz). The MDdz is interpreted to be the principal regional structural corridor and one of three fluid pathways responsible for gold mineralization throughout the Gold Rock camp. Hole DRG-064 intercepted 7.00 metres of 0.36 g/t gold at 120 metres true depth in what appears to be a wider shear structure comparable with Elora.
Maura Kolb, PGeo, president of Dryden Gold, commented: "Gold Rock continues to generate many exciting new high-grade gold targets across a growing footprint. With only five holes completed at Elora 2, we have already identified a high-grade zone and demonstrated approximately one kilometre of strike length. With the second drill rig deployed at Gold Rock, our objective is to define additional high-grade zones within this growing mineralized system and continue advancing this robust gold system."
The current exploration program will systematically evaluate Elora 2 to define the distribution and periodicity of high-grade zones across the entire mineralized system. Success in identifying additional near-surface high-grade zones will further demonstrate the open-pit resource potential at Gold Rock. With the deployment of a second drill rig, the company has expanded its exploration program to test the downplunge and downdip extensions of known high-grade zones at Jubilee, Spyglass and Buccaneer. The entire mineralized system at Gold Rock remains open and extending the known high-grade zones at depth is a key objective of the current drill campaign.
Exploration drilling completed throughout the spring and early summer also focused on testing several additional geological concepts at Gold Rock. Drilling along the southern extension of the Big Master system intersected mineralization in every hole, reinforcing the continuity of the mineralized trend. Based on the results to date, the company's geological team interprets these intersections to reflect the convergence of BM1 and BM2, an area that may represent an important focus for enhanced gold mineralization.
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 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 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 overlimits 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 meet the assay requirements outlined for NI 43-101 compliance.
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 (symbol: DRY) and traded on the OTCQX (symbol: DRYGF) and Frankfurt Stock Exchange (symbol: X7W). The company has a strong management team and board of directors comprising 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 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 nation 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 the company's area of operations. Dryden Gold recognizes the importance of continuing dialogue, mutual understanding and meaningful engagement as the company advances its exploration activities.
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