Dryden Gold finds two new gold-bearing structures at Gold Rock Camp, Ontario

Dryden Gold Corp. [TSXV: DRY; OTCQX: DRYGF; FSE: X7W] reported recent drill results that confirm the discovery of two new gold-bearing structures at the Gold Rock Camp, northwestern Ontario. A new high-grade mineralized structure between Elora and the Big Master gold systems was intercepted at 250-500 metres true depth (Elora 2).

Like the multiple mineralized hanging wall structures, this new structure has no surface expression. The mineralization is comparable to 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 hanging wall structure.

A second structure was discovered in a single drill hole at the historic Paymaster target. Since drilling began in 2023, the company has proven 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 g/t gold over 4.30 metres, including 19.90 g/t gold over 0.50 metres 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 to Elora.

Maura Kolb, P.Geo., 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 kilometer 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 down-plunge and down-dip 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 (Figure 2), an area that may represent an important focus for enhanced gold mineralization.

Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization. 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 100% 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 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. Dryden Gold is committed to building respectful, collaborative relationships with Indigenous Nations and communities throughout our area of operations.