Dryden Gold Clarifies Number of Claims on Lost Lake Property

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Dryden Gold (TSXV: DRY, OTCQX: DRYGF, FSE: X7W) clarified that its Lost Lake Property comprises 122 tenured mineral claims, not 123 as previously stated in a July 6, 2026 release. All other details from that earlier disclosure remain unchanged.

Dryden Gold is a gold exploration company with 100% interest in mining claims in a strategic land position in the Dryden District of Northwestern Ontario, hosting high-grade gold mineralization over 50 km of potential strike length along the Manitou-Dinorwic deformation zone.

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Vancouver, British Columbia--(Newsfile Corp. - August 12, 2026) - Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") wishes to clarify that, further to its news release dated July 6, 2026, the Lost Lake Property consists of 122 tenured mineral claims, not 123 tenured mineral claims as previously disclosed. All other information contained in the July 6, 2026, news release remains unchanged.

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 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 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. We recognize the importance of ongoing dialogue, mutual understanding, and meaningful engagement as we advance our exploration activities.

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 | Phone: 604-764-7493

Maura Kolb, M.Sc. P. Geo., President Email: mjkolb@drydengold.com Social: Linktree Website: www.drydengold.com

 

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309314

FAQ

What did Dryden Gold (OTCQX: DRYGF) clarify about its Lost Lake Property on August 12, 2026?

Dryden Gold clarified that the Lost Lake Property contains 122 tenured mineral claims, not 123 as previously disclosed. According to Dryden Gold, this correction only affects the claim count, while all other information from the July 6, 2026 news remains unchanged.

How many mineral claims are on Dryden Gold's Lost Lake Property after the August 12, 2026 clarification?

The Lost Lake Property consists of 122 tenured mineral claims after the correction. According to Dryden Gold, an earlier July 6, 2026 disclosure incorrectly stated 123 claims, and the company has now updated the figure while keeping all other details the same.

Where are Dryden Gold's main exploration properties located and what is their geological setting?

Dryden Gold's main exploration properties are in the Dryden District of Northwestern Ontario, Canada. According to Dryden Gold, the property hosts high-grade gold mineralization over 50 km of potential strike length along the Manitou-Dinorwic deformation zone, supported by strong regional infrastructure.

On which stock exchanges is Dryden Gold (symbol DRYGF) listed or traded?

Dryden Gold is listed on the TSX-V under symbol DRY and traded on OTCQX as DRYGF and on FSE as X7W. According to Dryden Gold, these listings provide investors multiple markets for trading its shares.

What is Dryden Gold's exploration focus and corporate strategy for creating shareholder value?

Dryden Gold focuses on discovering high-grade gold mineralization in Northwestern Ontario. According to Dryden Gold, its strategy relies on a strong management team, property acquisition and consolidation, exploration work, and mergers and acquisitions to build shareholder value over time.

How does Dryden Gold describe its relationships with Indigenous and First Nations communities?

Dryden Gold states it is committed to respectful, collaborative relationships with Indigenous Nations and communities. According to Dryden Gold, it emphasizes ongoing dialogue, mutual understanding, and meaningful engagement as it advances exploration activities across its properties in the Dryden District of Northwestern Ontario.