Dryden samples 2.8 m of 23.32 g/t Au at Hyndman

Executive Summary

• Dryden Gold Corp. announced a new high‑grade gold discovery at the Hyndman project, reporting 23.32 g/t Au over 2.80 m (including 24.79 g/t Au over 1.50 m and 36.90 g/t Au over 0.70 m).
• The result triggers a positive drill‑test decision and confirms the company’s fully financed 2026 exploration program, with drilling slated to commence later in 2026.
• Management highlighted Hyndman’s extensive strike potential (4–5 km) and superior infrastructure, positioning it as a key target alongside the flagship Gold Rock prospect.

Key Details

• Assay Results: 23.32 g/t Au over 2.80 m; sub‑intervals of 24.79 g/t Au over 1.50 m and 36.90 g/t Au over 0.70 m, intersected in a surface shear vein.
• Program Context: Results stem from the summer channel‑sampling program (surface cuts) that replaces earlier grab‑sample work; channel samples provide continuous exposure akin to drill holes.
• Exploration Strategy: Hyndman is one of four 2025 objectives; other targets include Gold Rock (brownfield), Mud Lake step‑out, Sherridon project, and Elora structure extensions. Drilling at Mud Lake, Sherridon, and Elora has been completed with results pending.
• Geology Summary: Target lies within a ~4–5 km long, 400 m wide diorite intrusion in the Kawashegamuk group; shear zones host quartz‑veinlet mineralization with visible pyrite and hematite‑ankerite alteration.
• Infrastructure Advantages: Proximity to Trans‑Canada Highway, logging roads, railway crossing, and Ontario grid power enhances project economics.
• Future Plans: 2026 drill program fully financed; drilling will test the newly identified high‑grade channel and expand strike length assessment.
• Management Comments: CEO Trey Wasser likened Hyndman’s mineralization to Nexgold’s Goldlund deposit but noted a 4–5× larger potential strike length. President Maura Kolb emphasized validation of the two‑pronged district‑wide exploration approach.
• Upcoming Investor Interaction: Management will present at the 121 Global Online Conference (Oct 14‑15, 2025) to discuss the fully financed drill program and broader exploration plans.

Notable Quotes

“Advancing the Hyndman target was one of our four main objectives for the 2025 exploration campaign… The mineralization that we are observing at Hyndman appears to be very similar to the Goldlund deposit held by Nexgold… What excites me the most is that the host rock for Hyndman has four to five times more potential strike length than Goldlund.” – Trey Wasser, CEO

“Making a new discovery there is an exciting validation of our two‑pronged approach to our district‑wide exploration strategy.” – Maura Kolb, President