Dryden Gold Reports on Deeper Drilling at Spyglass with 9.40 g/t Gold over 4.60 meters at a True Depth of 330 Meters, Provides Marketing Update
Rhea-AI Summary
Dryden Gold (OTCQX: DRYGF) reported deeper drilling success at the Spyglass and Buccaneer high-grade zones at Gold Rock, including hole DGR-073, which returned 9.40 g/t gold over 4.60 meters with a sub-interval of 78.40 g/t gold over 0.38 meters at a true depth of about 330 meters. Spyglass has been extended from roughly 190 to 330 meters vertical depth, while Buccaneer now extends from about 185 to 370 meters, nearly doubling the interpreted Spyglass footprint by approximately 110 m by 50 m. All four holes intersected visible gold in predicted locations, supporting Dryden Gold’s geological model. The company continues a fully funded 45,000-meter drill program and announced a US$7,500, three-month investor awareness agreement with Epstein Research, alongside upcoming conference appearances in Beaver Creek and Colorado Springs in September 2026.
Positive
- DGR-073 high-grade intercept 9.40 g/t Au over 4.60 m including 78.40 g/t over 0.38 m at ~330 m depth
- Spyglass depth extension from ~190 m to ~330 m vertical depth
- Buccaneer depth extension from ~185 m to ~370 m vertical depth
- Spyglass footprint growth approximately 110 m by 50 m additional mineralized area
- All four drill holes intersected visible gold in model-predicted positions
- Fully funded drill program 45,000 meters targeting 15 mineralized structures at Gold Rock
Negative
- None.
News Explained
The promotion is cash-only with no equity, while reported drill lengths are not established true mineralized widths.
Dryden Gold reports four drill holes completed at Spyglass and Buccaneer while exploration continues; separately, its promotional agreement paid
The reported mineralized intervals are drilled core lengths, and the company states that true widths are unknown; the metre lengths therefore do not establish the deposits' true thickness.
Follow-up drilling is planned to test the Buccaneer model to the north, providing a specific next step for assessing that interpretation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2026) - Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") is pleased to announce the successful down-dip expansion of the Spyglass and Buccaneer high-grade zones at Gold Rock. Four drill holes were completed testing the down-plunge extension of the high-grade gold mineralization. At Spyglass on BM1, DGR-073 assayed 9.40 g/t gold over 4.60 meters including 78.40 g/t gold over 0.38 meters (Figures 1 & 2). DGR-073 also intersected Buccaneer on BM1 at 370 meters true depth. All four drill holes intersected visible gold ("VG") at Spyglass in the locations predicted by the Company's geological interpretation, providing additional support for the model and the continuity of Spyglass down-plunge.
Highlights:
Spyglass has been extended from approximately 190 metres to 330 metres vertical depth.
Buccaneer has been extended from approximately 185 metres to 370 metres vertical depth.
The expanded drilling has approximately doubled the interpreted size of the Spyglass zone, adding approximately 110 metres by 50 metres of mineralized footprint.
Results provide additional confidence in the Company's geological model.
DGR-073 also intersected Buccaneer, south of the modeled high-grade zone and assayed 0.95 g/t gold over 5.55 meters including 7.70 g/t gold over 0.55 meters. Follow-up drilling will test the model to the north. The Company's fully funded, 45,000-meter drill program will continue testing down-plunge extensions of the known high-grade zones on its 15 mineralized structures, continue to identify new high-grade zones on strike and prove the continuity of lower-grade gold mineralization between high-grade zones at Gold Rock.
Investors are encouraged to visit the Company's expanded website at www.drydengold.com. New additions include several new videos, recent interviews and access to Mining Hub's 3-D modeling of the many high-grade zones at Gold Rock. Dryden Gold's YouTube channel also provides detailed videos and Q&A.
Trey Wasser, CEO of Dryden Gold, commented, "The continued expansion of Gold Rock at depth is a very important achievement for the technical team. One of our key objectives of this drill campaign is to expand the known high-grade zones at depth and these four holes prove our model is working. Orogenic gold systems in Canada typically have very deep roots. At Red Lake and Kirkland, mining is approaching two kilometers. These significant results, down-plunge, almost double the interpreted depth of the high-grade zones (Figure 1). The scale of Spyglass was also expanded with the interpreted footprint increasing by approximately 5500 square meters. Larger than an American football field. Equally important, the footprint at Gold Rock continues to expand with 15 mineralized structures now discovered and the target area expanded to over one kilometer by 750 meters (Figure 2). These results increase our confidence in the model and support further testing of Gold Rock along strike and at depth."
Figure 1: Contoured Long Section of BM2 focusing on Spyglass
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Table 1: Drill Results
| Target Area | Zone | Drillhole | From | To | Length (m)* | Grade (g/t Au) | |
| BM2 | Spyglass | DGR-071 | 283.50 | 285.50 | 2.00 | 4.60 | |
| including | 284.00 | 284.50 | 0.50 | 12.40 | |||
| BM1 | Buccaneer | DGR-071 | 350.50 | 353.50 | 3.00 | 0.68 | |
| BM2 | Spyglass | DGR-072B | 337.15 | 338.80 | 1.65 | 5.47 | |
| including | 337.75 | 338.25 | 0.50 | 13.90 | |||
| BM1 | Buccaneer | DGR-072B | 414.10 | 420.00 | 5.90 | 0.66 | |
| including | 416.00 | 416.50 | 0.50 | 4.79 | |||
| BM2 HW | DGR-073 | 289.86 | 291.70 | 1.84 | 5.25 | ||
| BM2 | Spyglass | DGR-073 | 399.65 | 404.25 | 4.60 | 9.40 | |
| including | 401.00 | 401.38 | 0.38 | 78.40 | |||
| BM1 | Buccaneer | DGR-073 | 484.45 | 490.00 | 5.55 | 0.95 | |
| including | 489.45 | 490.00 | 0.55 | 7.70 | |||
| BM2 | Spyglass | DGR-074 | 410.57 | 415.35 | 4.78 | 2.54 | |
| including | 411.50 | 412.25 | 0.75 | 10.10 | |||
| BM1 | Buccaneer | DGR-074 | 481.70 | 488.00 | 6.30 | 0.20 | |
| *Reported intervals are drilled core lengths, true width is unknown, assay values are uncut For additional technical information, please click the link here | |||||||
Figure 2: Plan Map of Gold Rock - highlighting location of Spyglass
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Marketing Update
Management will in Beaver Creek, Colorado September 22nd to 25th, 2026 and will be participating in Mining Forum Americans September 27th to 30th, 2026 in Colorado Springs. Dryden Gold's President, Maura Kolb will be speaking at 8:40 MDT on Sept 30th, 2026. View the Mining Forum America agenda here and watch the webcast here. The team will be available for meetings and to answer questions. If you would like a meeting, please email our team.
Marketing Services
The Company also announces that it entered into a promotional services agreement (the "Agreement") dated February 27, 2026, with Epstein Research ("ER"), an arm's-length service provider, pursuant to which ER was engaged to provide investor awareness and promotional services for the Company, including social media communications and the preparation and distribution of three-monthly written articles. The Agreement provides an initial three-month term, subject to renewal or termination in accordance with its terms. In consideration of the services, the Company paid ER a cash fee of US
Qualified Person
The technical disclosure in this news release has been reviewed and approved by Maura 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, 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 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 ("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
For more information go to our website www.drydengold.com.
CONTACT INFORMATION
| Trey Wasser, CEO Email: twasser@drydengold.com Phone: 940-368-8337 | Maura Kolb, M.Sc. P. Geo., President Email: mjkolb@drydengold.com |
| Ashley Robinson Director of Corporate Communications Email: ir@drydengold.com Phone: 604-764-7493 | 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 which include the number of metres of drilling the company may complete in 2026 and the timing of certain exploration programs during the coming year. 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.
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