Welcome to our dedicated page for Dryden Gold news (Ticker: DRYGF), a resource for investors and traders seeking the latest updates and insights on Dryden Gold stock.
Dryden Gold Corp. (OTCQB: DRYGF) generates frequent news as it advances multiple gold exploration targets in the Dryden Gold District of Northwestern Ontario. As a junior exploration company focused on high-grade gold mineralization, its updates often center on drill results, new discoveries and the expansion of known mineralized systems.
News releases from Dryden Gold describe ongoing work at the Gold Rock Target Area in the Gold Rock Camp, where drilling has expanded the Elora Gold System and outlined several parallel, gold-bearing structures. The company also reports on step-out drilling at Mud Lake, a target located northeast of Gold Rock along the Manitou-Dinorwic deformation zone, aimed at confirming the periodicity of high-grade structures within the camp.
Investors following DRYGF news can also expect updates on regional discoveries at the Hyndman and Sherridon projects. At Hyndman, channel sampling has produced high-grade gold intervals that support a drill-test decision, while at Sherridon, first-pass drilling has intersected broad zones of anomalous gold mineralization within a deformation corridor associated with a multi-kilometer geophysical anomaly.
In addition to technical exploration results, Dryden Gold’s news flow includes information on its exploration campaigns, regional mapping and sampling programs, participation in investment conferences and roadshows, and corporate marketing initiatives. For those tracking junior gold explorers, the DRYGF news page provides a centralized view of the company’s progress across its flagship Gold Rock target and its broader district-scale land position.
Dryden Gold (OTCQB: DRYGF) has provided an update on its drilling program at the Gold Rock project, completing 6,084 meters of the planned 15,000-meter program. The company reported a significant discovery in Hole KW-25-003, yielding 301.67 g/t gold over 3.90 meters, including 1,930 g/t gold over 0.60 meters.
The company is focusing on four key areas: the newly discovered high-grade Hanging Wall (HW) Zone, the Jubilee Zone with 100-150-meter strike length, the historic Laurentian Mine area (which previously produced 20k tonnes at 14 g/t gold), and the Intersection Target. The geology team has identified a third gold-bearing structural trend (D3 Structure) and is adjusting drilling strategies based on new structural interpretations.
Dryden Gold (TSXV: DRY) (OTCQB: DRYGF) has announced a significant milestone with a major visible gold discovery at its Elora target in Ontario, marking the company's most important discovery to date.
The announcement was made through an interview with President Maura Kolb on CEO.CA's 'Inside the Boardroom' platform, where she discussed the discovery's implications for the district and outlined the company's 2025 drill plans. The discussion also highlighted the strategic support from Centerra and its influence on the company's future direction.
Dryden Gold Corp (TSXV: DRY) has secured a CAD $200,000 grant from the Ontario government through the Ontario Junior Exploration Program (OJEP). The grant, covering up to 50% of exploration costs, will support the company's Gold Rock Camp exploration program.
The company has outlined an aggressive exploration plan for 2025, targeting up to 15,000 meters of drilling. Key focus areas include testing the Elora Gold System at depth and examining previously untested structural intersection targets along strike. Recent developments include a newly discovered zone with significant visible gold parallel to the Elora Gold System.
Upcoming events include CEO Trey Wasser's attendance at the Capital Events conference in Scottsdale (April 11-13, 2025) and P. Geo. Maura Kolb's presentation at the Ontario Prospectors & Explorers Symposium in Thunder Bay (April 15-16, 2025, 11am ET).
Dryden Gold Corp (OTCQB: DRYGF) has announced a significant new discovery of visible gold during deeper drilling at its Elora project. The discovery represents a hanging wall structure of folded sheared basalts, marking the company's most substantial visible gold intersection to date.
The new zone, discovered in hole KW-25-003, is located approximately 80 meters from the main Elora target zone. Current drilling is testing depths between 250 and 400 meters. Initial 2025 results have been promising, with hole KW-25-001 returning 4.00 g/t over 3.07 meters, including 18.10 g/t over 0.45 meters.
The company's fully funded 2025 exploration program includes a 15,000-meter drill program, which will test Elora's down-plunge potential and extend along strike northeast to the historic Laurentian Mine. The program will explore depths between 250 and 550 meters, with additional targets at Mud Lake, Sherridon, and Hyndman.
Dryden Gold Corp (TSXV: DRY) (OTCQB: DRYGF) has received important exploration permits from the Ontario Ministry of Mines for the Sherridon Property. The company plans a 1,000-2,000-meter drill program at Sherridon, where historical surface samples reported up to 617.00 g/t gold.
The company has engaged Mira Geoscience for a 3D inversion study to enhance their geological model before initiating the 2025 drill program. Additionally, Dryden Gold has begun its spring drill campaign at the Gold Rock Camp, part of a larger 15,000-meter drill program for 2025, focusing on the Elora Structure and testing targets near the historic Laurentian Mine and Mud Lake.
The Sherridon Property features mafic greenschist facies metavolcanic rocks with a 4km along-strike 'strain corridor' where known mineralization is associated with magnetic medium-grained pyroxenite dykes containing up to 5% disseminated sulphides.
Dryden Gold Corp (TSXV: DRY) has completed its final property payment to Alamos Gold Inc (NYSE: AGI) under their Option Agreement dated April 20, 2022. The payment consisted of $1,000,000 in cash and 8,568,980 common shares valued at $0.1167 per share, fulfilling the remaining $1,000,000 obligation for the Dryden Property in Northwest Ontario.
The company has also completed the required $1,400,000 in work commitments on the property. As a result, Dryden Gold now owns 100% interest in the Dryden Property, subject to a 1% Net Smelter Returns royalty to Alamos.
Following the share issuance, Alamos's ownership in Dryden Gold has increased from 9.58% (14,434,346 shares) to 14.44% (23,003,326 shares), making Alamos the largest single shareholder of Dryden Gold.
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