18:02:19 EDT Thu 17 Sep 2026
Enter Symbol
or Name
USA
CA



Dryden Gold Corp
Symbol DRY
Shares Issued 246,224,858
Close 2026-09-17 C$ 0.26
Market Cap C$ 64,018,463
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Dryden Gold identifies visible gold at Mud Lake North

2026-09-17 16:27 ET - News Release

Mr. Trey Wasser reports

DRYDEN GOLD REPORTS VISIBLE GOLD IN ITS FIRST DRILL PROGRAM AT MUD LAKE NORTH

Dryden Gold Corp. has discovered visible gold in the first drill program targeting Mud Lake North, which is approximately three kilometres north of Gold Rock. The drill program was designed to follow up on high-grade surface samples collected during the 2025 field mapping campaign. The first two drill holes intersected broad zones of alteration accompanied by significant sulphide mineralization, while the third drill hole intersected similar alteration and sulphide mineralization along with visible gold. Assays are pending for all three holes. The major goal of testing at Mud Lake North is to prove the periodicity of target areas within the Gold Rock camp. Drilling continues at Mud Lake with approximately 2,000 metres planned to test downplunge and along strike.

Trey Wasser, chief executive officer of Dryden Gold, stated: "The discovery of visible gold at Mud Lake North is very exciting and provides strong initial support for our string-of-pearls theory -- similar to the active mines in the Red Lake district. We believe the Manitou-Dinorwic deformation zone has the potential to host multiple gold deposits along strike. Seeing visible gold in these drill holes is an encouraging early indicator that our geological model may be correct and strengthens our confidence in the potential for additional discoveries across the Gold Rock camp."

Marketing update

Dryden Gold's management team will be available for investor meetings during the Precious Metals Summit in Beaver Creek, Colo., from Sept. 22 to Sept. 25, 2026, and Mining Forum Americas in Colorado Springs from Sept. 27 to Sept. 30, 2026. Interested parties are encouraged to contact ir@drydengold.com to arrange a meeting. The company looks forward to providing an exploration update on its fully financed 45,000-metre drill program and discussing its continuing exploration activities.

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 quality control/quality assurance 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 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 (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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