Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing Structures
- High-grade gold intercepts discovered, including 28.60 g/t gold over 0.50 meters at Laurentian
- Multiple stacked gold-bearing structures identified across both targets, indicating significant mineralization potential
- Extension of the Elora Gold System to one kilometer strike length, expanding the project's scope
- Successful identification of new exploration targets through the intersection of D1, D2, D3 structural elements
- Early termination of drill hole DGR-25-001 due to encountering historical underground workings
- Some drill holes intentionally placed outside high-grade zones to avoid old workings
- True thickness/widths of the mineralization remain unknown
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce new results from its initial drill campaigns at the new Pearl Target, previously the Intersection Target, ("Pearl") and the historical Laurentian Mine Target ("Laurentian").
Drill Highlights
- Drill Hole DGR-25-001, at Laurentian, returned assays of 28.60 g/t gold over 0.50 meters in a hanging wall structure which represents a similar zone a kilometer to the northeast on strike to the new hanging wall discovery at the Jubilee Zone, which returned 301.67 g/t over 3.90 meters including 1,930 g/t over 0.60 meters (Figure 1).
- Drill Hole DGR-25-007, at Pearl, returned assays of 2.26 g/t gold over 8.80 meters including 7.12 g/t gold over 2.60 meters and including 25.80 g/t gold over 0.60 meters.
- Drill Hole DGR-25-006, at Pearl, intersected three stacked structures totalling over 21 meters and Drill Hole DGR-25-007 intersected three stacked structures totalling over 24 meters. (see Table 1). See more details in the description below.
- Drill Hole DGR-25-002, at Laurentian, intersected five stacked mineralized structures totalling over 23 meters combined width (see Table 1).
Trey Wasser, CEO of Dryden Gold, states: "We are very pleased with the first pass drilling at Laurentian and Pearl showing significant widths of gold-bearing mineralization. This drill program is defining a much broader gold-bearing corridor, defined by multiple, sub-parallel shear-vein systems along the Elora Gold System. This is now emerging as key theme in the Gold Rock Camp."
"The recognition of multiple, sub-parallel gold-bearing structures, each capable of hosting high-grade gold mineralization adds numerous priority exploration targets by interpreting the intersections of the recognized D1, D2, D3, or fold-related elements which provides opportunities for dilation within the system and now identifies a key control of high-grade gold mineralization," stated Maura Kolb, President of Dryden Gold.
The Pearl Target
At Pearl, approximately 400 meters north of Jubilee, initial hole DGR-25-007 intersected three gold-bearing mineralized zones at shallow depths. The main zone intercept returned 2.26 g/t gold over 8.80 meters including 7.12 g/t gold over 2.60 meters and 25.80 g/t gold over 0.60 meters. The total width of the three stacked gold-bearing mineralized structures on hole DGR-25-007 at Pearl was over 24 meters from 87.50-88.50 meters (FWA), 121.20-130.0 meters (Pearl) and 138.40-153.00 meters (Pearl HW). Two of these mineralized zones, Pearl and HW Pearl, (Table 1, Figure 1) are very closely spaced together and may represent a thickening of the Elora Gold System at the Pearl Target. Hole DGR-25-006 also intersected three stacked mineralized structures from 183.20-184.40 meters (FWA), 235.00-246.00 meters (Pearl) and 249.40-259.00 meters (Pearl HW).
Figure 1: Plan map of reported drill holes displaying hanging and footwall structures.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/256086_9933c29f943c2828_001full.jpg
The Laurentian Target
At Laurentian, the initial hole DGR-25-001 was drilled from the hanging wall but was terminated early, due to encountering historical underground workings, before reaching the targeted high-grade zone. Holes DGR-25-002 and DGR-25-003 (assays pending) were drilled from the footwall side of the target approximately 100m along-strike to the southwest. (Figure 2). These holes were purposefully targeted well south of the historic high-grade zone to test the geological features for favourable shearing and alteration while not encountering the old workings. These holes intersected additional parallel mineralized zones but were intentionally outside of the high-grade area.
The exploration team is planning follow-up drilling at Laurentian focusing on deeper extensions of the system to effectively test below the historical workings to test these stacked structures within the high-grade zone. At Pearl, targets are now being developed to test depth and strike extension and expand the high-grade zone.
Table 1: Dryden Gold Drill Results.
| Drillhole | Target Area | From | To | Length (m)* | Grade (g/t Au) | |
| DGR-25-001 (Laurentian) | HW1 | 66.00 | 66.50 | 0.50 | 28.60 | |
| DGR-25-002 (Laurentian) | FWA | 44.33 | 46.88 | 2.55 | 1.23 | |
| Laurentian | 118.50 | 120.71 | 2.21 | 0.43 | ||
| HW3 | 280.84 | 291.00 | 10.16 | 0.11 | ||
| HW2 | 299.00 | 305.60 | 6.60 | 0.23 | ||
| HW 1 | 400.00 | 401.80 | 1.80 | 1.28 | ||
| DGR-25-006 (Pearl) | FWA | 183.20 | 184.40 | 1.20 | 3.71 | |
| Pearl | 235.00 | 246.00 | 11.00 | 0.28 | ||
| HW Pearl | 249.40 | 259.00 | 9.60 | 1.52 | ||
| DGR-25-007 (Pearl) | FWA | 87.50 | 88.50 | 1.00 | 1.80 | |
| Pearl | 121.20 | 130.00 | 8.80 | 2.26 | ||
| Including | 121.70 | 124.30 | 2.60 | 7.12 | ||
| And including | 123.10 | 123.70 | 0.60 | 25.80 | ||
| HW Pearl | 138.40 | 153.00 | 14.60 | 0.63 | ||
| *Reported intervals are drilled core lengths; assay values are uncut | ||||||
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 are 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 and 2025 program 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") and on the OTCQB marketplace ("DRYGF"). 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, Investor Relations Email: ir@drydengold.com X: @DrydenGold | Maura Kolb, M.Sc.. P. Geo., President Email: mjkolb@drydengold.com Phone: 807-632-2368 |
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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: the acquisition of the Property, receipt of corporate and regulatory approvals, issuance of common shares; future development plans; future acquisitions; exploration programs; 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; risks related to the outcome of legal proceedings; 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 acquisition of the Property; 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.
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FAQ
What were the key gold intercepts in Dryden Gold's (DRYGF) latest drilling results?
How many stacked gold-bearing structures did Dryden Gold discover in their latest drilling?
What is the current strike length of Dryden Gold's Elora Gold System?
What are Dryden Gold's (DRYGF) next steps for the Laurentian and Pearl targets?
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