CORRECTION FROM SOURCE: Dryden Gold Reports 6.4 g/t Gold over 3.30 Meters Inc. 15.10 g/t Gold over 1.00 Meters in New High-Grade Footwall Structure at Pearl
Rhea-AI Summary
Dryden Gold (OTCQB: DRYGF) corrected its Feb 4, 2026 release reporting new drill results at the Gold Rock Target, Pearl area. Highlights include 6.4 g/t Au over 3.30 m (incl. 15.10 g/t Au over 1.00 m) and 77.90 g/t Au over 0.50 m, with stacked footwall and Elora shear mineralization near surface. The company plans a funded 32,000-meter 2026 program focused on Gold Rock to expand these high-grade pods and broader lower-grade zones.
Positive
- High-grade intercept: 77.90 g/t Au over 0.50 m in DGR-031
- New footwall discovery: 15.10 g/t Au over 1.00 m within DGR-032
- Fully funded 32,000-meter 2026 drill program focused on Gold Rock
- Near-surface mineralization: highlighted intercepts from 15–70 m vertical depth
Negative
- True thickness unknown: reported intervals are drilled core lengths, not true widths
- Some high grades are narrow (sub-meter), limiting immediate resource continuity
This release corrects and replaces the press release issued by Dryden Gold Corp. on Feb 4, 2026 at 6:00 AM EST. The updated version reflects a correction in the headline, highlights and in Table 1 where it should have read "15.10 g/t gold" instead of "153.10". The link to video has also been removed.
The corrected press release follows in full below:
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2026) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") is pleased announce new drill results which tested the Pearl zone in the Gold Rock Target Area. Results show continued expansion of the mineralization at Gold Rock with the discovery of two new footwall zones parallel to the main Elora shear structure at Pearl. (Figure 1). This is the first significant mineralization discovered in the footwall of the Elora Shear at Pearl establishing another high-grade exploration target at Gold Rock. Further interpretation of existing data and this new drilling has revealed a second high-grade pod on the main Elora shear zone. Dryden Gold drilled five new holes totaling approximately 1,600 meters testing along the 600-meter strike length from Jubilee to Pearl. (Figure 2) The highlighted intercepts are near surface from 15 to 70 meters vertical depth.
Highlights:
- Hole DGR-032 returned 6.4 g/t gold over 3.30 meters including 15.10 g/t gold over 1.00 meters in new high-grade footwall zone at Pearl
- Hole DGR-031 returned 77.90 g/t gold over 0.50 meters in a second footwall zone at Pearl
- Hole DGR-032 returned 1.61 g/t gold over 16.40 meters including 6.81 g/t gold over 2.50 meters in the Elora shear at Pearl
Trey Wasser, CEO of Dryden Gold, stated, "We continue to expand the Gold Rock Target Area with these first holes from our 2026 drill program. These drill results at Pearl continue the Gold Rock theme- multiple stacked structures, with near surface high-grade gold, combined with wide zones of lower grade mineralization. We have discovered another pod of high-grade gold on the Elora shear structure that we will continue to test as our fully funded 32,000-meter program will be focused on Gold Rock for most of this spring. Further expansion of the area from Pearl to Jubilee demonstrates a robust this system with huge potential at Gold Rock."
The Gold Rock Target Area will be a major focus of the 2026 exploration campaign. In addition to these new results on Pearl, the Company will be testing the Big Master Gold System (Figure 1) with the goal of expanding the high-grade mineralization at Treasure and Barrelman. Current drilling at Big Master was designed to expand and test the near surface footprint of the high-grade gold structures and testing the interpreted geologic controls from our 2025 structural study.
Maura Kolb, President of Dryden Gold, commented, "These new results from Pearl are very exciting. For the first time, we are seeing high-grade mineralization in the footwall of Pearl much like the high-grade mineralization we encountered last year in the hanging wall structures at Jubilee. We also continue to see wide zones of lower grade mineralization at Pearl. We will now be testing additional targets, along strike, on the foot wall of the Elora shear structure."
Figure 1: Gold Rock Target Area - highlighting new drill results from the Pearl Target
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/282672_38fa1734a44f08ab_001full.jpg
Figure 2: Elora Shear Zone Contoured Long-Section - Jubilee and Pearl Targets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/282672_38fa1734a44f08ab_002full.jpg
Table 1: Highlights from new drilling at Pearl Target Area
| Target Area | Drillhole | From | To | Length (m)* | Grade (g/t Au) | |
| FW Pearl | DGR-031 | 22.45 | 23.00 | 0.55 | 18.600 | |
| FW Pearl | DGR-031 | 39.20 | 39.70 | 0.50 | 77.900 | |
| Pearl | DGR-031 | 116.10 | 117.80 | 1.70 | 3.370 | |
| including | 117.30 | 117.80 | 0.50 | 10.700 | ||
| Pearl HW | DGR-031 | 239.90 | 240.40 | 5.00 | 1.900 | |
| FW Pearl | DGR-032 | 16.20 | 19.50 | 3.30 | 6.400 | |
| including | 17.00 | 18.00 | 1.00 | 15.100 | ||
| Pearl | DGR-032 | 84.60 | 101.00 | 16.40 | 1.610 | |
| including | 95.50 | 98.00 | 2.50 | 6.810 | ||
| Pearl HW | DGR-032 | 165.00 | 178.00 | 13.00 | 0.500 | |
| including | 166.50 | 168.00 | 1.50 | 2.710 | ||
| Pearl | DGR-034 | 135.50 | 140.30 | 4.80 | 1.210 | |
| *Reported intervals are drilled core lengths; assay values are uncut | ||||||
Marketing Update
Dryden Gold's President, Maura Kolb, P. Geo., will be participating at Capital Events' Whistler conference February 6-8, 2026, where she will be networking with investors over one-to-one meetings to discuss the Company's latest drill results and near-term catalysts. Later in the month Anna Hicken, P. Geo., VP Exploration will be giving a 20-minute presentation at this year's Vancouver Mining Exploration Group on February 18, 2026, over lunch at the Vancouver Terminal City Club to speak about the importance of structural geology when exploring Archean lode gold systems.
Management will be participating at the sold out Metals Investor Forum in Toronto on February 27-28, 2026, at the Delta Hotel as part of newsletter writer, Chen Lin's panel. Maura Kolb, P. Geo., will be giving a 20-minute presentation on February 28 at 4:10pm ET, followed by a Q&A. The team will be available to answer questions at our booth, so be sure to register for free here and view the agenda here.
Investors can also find management at the Prospectors & Developers Association of Canada that is taking place in Toronto on March 1-4, 2026, at the Metro Toronto Convention Centre. We will be available at the Investor Exchange in booth #2423A on March 1-2, 2026, and in the Core Shack at booth #3106B on March 3-4, 2026. Simultaneously, CEO Trey Wasser and President, Maura Kolb, P. Geo., will be participating in the Precious Metals Summit PDAC program on March 2-3, 2026.
Qualified Person
The technical disclosure in this news release has been reviewed and approved by Maura J. Kolb, M.Sc., P. Geo., 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 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 Corp. is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange ("DRY"), on the OTCQB marketplace ("DRYGF") and on the FSE: ("X7W "). 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 a
For more information go to our website www.drydengold.com.
CONTACT INFORMATION
| Trey Wasser, CEO Email: twasser@drydengold.com Phone: 940-368-8337 Ashley Robinson, Director of Corporate Communications Email: ir@drydengold.com X: @DrydenGold | Maura Kolb, M.Sc. P. Geo., President |
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: receipt of corporate and regulatory approvals, issuance of common shares; future development plans; and the business and operations of Dryden Gold. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings including receipt of TSX Venture Exchange approval for the offering; risks related to environmental regulation and liability; the potential for delays in exploration or development activities; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in Dryden Gold's and the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward--looking statements. These forward-looking statements are made as of the date hereof and Dryden Gold and the Company do not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Dryden Gold's and the Company's expectations or projections.
UNITED STATES ADVISORY. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), have been offered and sold outside the United States to eligible investors pursuant to Regulation S promulgated under the U.S. Securities Act, and may not be offered, sold, or resold in the United States or to, or for the account of or benefit of, a U.S. Person (as such term is defined in Regulation S under the United States Securities Act) unless the securities are registered under the U.S. Securities Act, or an exemption from the registration requirements of the U.S. Securities Act is available. Hedging transactions involving the securities must not be conducted unless in accordance with the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in the state in the United States in which such offer, solicitation or sale would be unlawful.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282672
FAQ
What did Dryden Gold (DRYGF) report on February 4, 2026 about Pearl drill results?
How significant is the 15.10 g/t gold intercept in DGR-032 for DRYGF investors?
What is Dryden Gold's 2026 drilling plan for the Gold Rock Target (DRYGF)?
Are the reported drill intervals for DRYGF true thicknesses or drilled lengths?
What near-term catalysts should DRYGF shareholders watch after the Feb 4, 2026 correction?
