Dryden Gold Corp. Announces Exceptional Gold Discovery

Vancouver, British Columbia — Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) has reported remarkable drill results from its exploration activities on the Elora Gold System in the Gold Rock Camp. The company announced a new hanging wall discovery, showcasing an exceptional gold grade of 301.67 grams per tonne (g/t) over a length of 3.90 meters, which includes a remarkable 1,930 g/t over 0.60 meters.

The discovery was first highlighted on April 8, with initial reports of significant visible gold (“VG”). Subsequent assays have confirmed these findings, revealing a newly discovered hanging wall zone characterized by folded quartz stringer veins within sheared basalts. This zone is located approximately 80 meters from the main Jubilee zone, indicating a promising expansion of the gold system.

Key Details of the Discovery:

  • Gold Grade: 301.67 g/t over 3.90 meters, including 1,930 g/t over 0.60 meters.
  • Location: New hanging wall zone, 80 meters from the main Jubilee zone.
  • Geological Features: Folded quartz stringer veins hosted in sheared basalts.
  • Depth: The discovery is at a significant depth of approximately 250 meters true depth.

Exploration Program and Strategic Partnerships:

Dryden Gold has a fully funded exploration program for 2025, which includes drilling five deeper holes that have intersected zones of sulphide mineralization at target depths. While most drill results from the program show relatively lower grades in the 1-4 g/t Au range, the new discovery stands out due to its high-grade potential.

The company maintains a strategic investment partnership with Centerra Gold, which holds a 9.99% interest in Dryden Gold. This partnership underscores the confidence in the company’s exploration strategy and potential for further discoveries.

Market Impact:

As of May 4, 2025, Dryden Gold’s close price was CAD 0.22, with a 52-week high of CAD 0.235 and a low of CAD 0.095. The company’s market capitalization stands at CAD 31,180,000. The recent discovery is expected to positively influence investor sentiment and could potentially impact the company’s stock performance.

Dryden Gold Corp. continues to serve its global customer base through its website, www.drydengold.com , and remains listed on the TSX Venture Exchange. The company’s focus on exploring and developing gold mineralization in northwestern Ontario positions it as a key player in the region’s mining sector.