Dryden Gold Strengthens Regional Pipeline with Hyndman Drill Permit and Field Activities

Rhea-AI Summary

Dryden Gold Corp (DRYGF) has received exploration permits from Ontario Ministry of Mines to drill test the Hyndman property in the Dryden Gold District. The company has launched its 2025 summer regional exploration campaign with multiple initiatives: - Fladgate Exploration to begin mapping & testing Hyndman - ALS Geoanalytics to conduct property-wide soil/till geochemical survey - Sundog Geology to map Gold Rock extensions - Appointment of Ryan Humphries as Exploration Manager The company's two-pronged strategy focuses on advancing high-grade Gold Rock structures while pursuing new regional discoveries. Key regional targets include Hyndman and Sherridon, representing different potential gold deposit types. The company holds a dominant land package strategically positioned on main gold-bearing fault structures, suggesting potential for an emerging gold district similar to Timmins and Val-d'Or.

Positive

• Received exploration permits for Hyndman property drill testing
• Strategic land position on main gold-bearing fault structures
• Multiple deposit types similar to established gold districts like Timmins and Val-d'Or
• Strengthened exploration team with new Exploration Manager appointment
• Interest from strategic investors and mid-tier/major companies in regional potential

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce that it has received exploration permits from the Ontario Ministry of Mines for drill testing the Hyndman property ("Hyndman") in the Dryden Gold District. With the arrival of the 2025 summer field season, the Company has launched its regional exploration campaign. Field crews are set to start detailed mapping and channel sampling at Hyndman to prepare for future drill testing of multiple unexplored geophysical anomalies. The geology team is preparing for the initial drill test at Sherridon, where detailed mapping from 2024 has exposed multiple drill ready targets.

The Company has grown its exploration team including an exploration manager to create consistency in logging and geological interpretation. To further improve our structural thesis, detailed mapping has begun on new Gold Rock extension targets.

2025 Field Activity Highlights:

• Fladgate Exploration Consulting ("Fladgate") is set to begin mapping & testing Hyndman
• ALS Geoanalytics ("ALS") to lead property-wide soil and till geochemical survey
• Local mapping expert, Sundog Geology for the Gold Rock extensions to the north & south
• Dryden Gold appoints Ryan Humphries as Exploration Manager

CEO Trey Wasser explains the Company's exploration strategy, "Dryden Gold holds a dominant land package in the Dryden Gold District that is strategically positioned on the main gold bearing fault structures. This favourable setting underpins the Company's two-pronged exploration strategy: to advance the high-grade Gold Rock structures while aggressively pursuing new regional discoveries. Our two main regional exploration targets Hyndman and Sherridon highlight two different types of potential gold deposits in different host rocks from that at Gold Rock. Having multiple deposit styles is common in large gold districts like Timmins and Val-d'Or. We feel that exploring these two regional targets helps to build the case that our property package constitutes an emerging gold district. Our strategic investors as well as other mid-tier/major companies have expressed their keen interest in our early exploration of the regional potential of the Dryden Gold District."

Field Program Updates
The Company has engaged Fladgate to lead the 2025 summer field program at the Hyndman Property (Figure 1). This program will include detailed geological mapping and sampling at the initial 2023 discovery site, as well as systematic traverses over untested geophysical anomalies identified through the 2023 Mira Geoscience 3D inversion study. Following reconnaissance mapping in 2023 and expanded geological work in 2024, Fladgate will now undertake a channel sampling program to evaluate the extent and continuity of the granodiorite-hosted stockwork mineralization.

The Company has retained regional mapping expert, Sundog Geology to complete another field season of mapping at Gold Rock with a focus evaluating the northeastern and southwestern expansion of mineralization along the Manitou-Dinorwic deformation zone. This work will directly follow up on results from the 2024 mapping program that included surface sampling results up to 24.20g/t gold.

In parallel with ongoing mapping efforts, Dryden Gold has initiated a comprehensive soil and till sampling program across most of its land package, in collaboration with ALS Geoanalytics. This program is designed to support the Company's regional exploration pipeline and advance the potential for a new regional discovery. Systematic geochemical sampling will provide vectors toward mineralization that will play a key role in refining exploration targets and guiding future exploration.

Figure 1: Regional Geology Map with Target location

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/253716_e9eb3e1004e5dac9_001full.jpg

Expanding the Geological Team
Dryden Gold has expanded its exploration team to better support the 2025 Exploration Campaign and is pleased to welcome Ryan Humphries as the Company's new Exploration Manager. Ryan is a geologist with 10 years' experience guiding and planning various regional grassroot projects and near-mine to resource delineation drilling. Large portions of experience exploring for gold, working throughout Québec for Eldorado Gold, Wesdome Gold (Kiena), Bonterra Resources and Ontario with Wesdome (Eagle River). Ryan holds a Bachelor of Science in Geology degree from Laurentian University and is a registered professional geologist in Ontario (P.Geo) and Québec (Géo).

Dryden Gold is committed to local employment with the majority of the exploration team living in Northwestern Ontario. The Company is also committed to growing local partnerships with First Nations Communities and whenever possible using local contractors for exploration projects.

Marketing Update
Management will be participating in The Mining Event of the North (the "Event") on June 3^rd-5^th, 2025, in Quebec City. CEO, Trey Wasser will be meeting with shareholders and new investors over one-to-one meetings and various networking events. Prior to the Event, on June 2^nd, the Company will sponsor an investor lunch in Montreal and a dinner in Quebec City organized by MI3 Communications. Subsequent to the Event, Mr. Wasser will be meeting with institutional clients. Dryden Gold will also be participating in 121 Mining Investment New York on June 9^th-10^th, 2025, followed by an investor roadshow on June 11^th, 2025, organized by Trinity Financing Investments Corporation. Investors can expect an update on the ongoing drill program and recent assays from the Gold Rock Camp.

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 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 100% interest in a dominant strategic land position in the Dryden District of Northwestern Ontario. Dryden Gold's property package includes historic gold mines but has seen limited modern exploration. 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.

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 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253716

FAQ

What exploration permits did Dryden Gold (DRYGF) receive in May 2025?

Dryden Gold received exploration permits from the Ontario Ministry of Mines to drill test the Hyndman property in the Dryden Gold District.

Who is the new Exploration Manager at Dryden Gold (DRYGF)?

Ryan Humphries, a geologist with 10 years of experience, was appointed as Dryden Gold's new Exploration Manager. He holds a BSc in Geology and is a registered professional geologist in Ontario and Québec.

What are the main exploration targets for Dryden Gold (DRYGF) in 2025?

The main exploration targets are the Hyndman and Sherridon properties, along with Gold Rock extensions. These targets represent different types of potential gold deposits in different host rocks.

What upcoming investor events will Dryden Gold (DRYGF) participate in during June 2025?

Dryden Gold will participate in The Mining Event of the North (June 3-5) in Quebec City, 121 Mining Investment New York (June 9-10), and an investor roadshow on June 11 organized by Trinity Financing Investments Corporation.