Original News Release
Dryden samples 2.8 m of 23.32 g/t Au at Hyndman
Mr. Trey Wasser reports
DRYDEN GOLD REPORTS NEW GOLD DISCOVERY AT THE HYNDMAN PROJECT HIGH-GRADE CHANNEL SAMPLE ASSAYS LEADS TO A 2026 DRILL PROGRAM
Dryden Gold Corp. has released the assay results from the summer channelling program at the company's Hyndman project. A high-grade interval of 23.32 grams per tonne gold over 2.80 metres, including 24.79 g/t gold over 1.50 metres, also including 36.90 g/t gold over 0.70 metre, has resulted in a positive drill-test decision as part of Dryden Gold's fully financed 2026 exploration program. Hyndman is located on the eastern portion of Dryden Gold's large land package.
Maura Kolb, president of Dryden Gold, stated: "Advancing the Hyndman target was one of our four main objectives for the 2025 exploration campaign. Making a new discovery there is an exciting validation of our two-pronged approach to our district-wide exploration strategy. After a recent site visit, with the new results in hand, I was very pleased to observe the significant vein-shear gold-bearing relationship of the gold-bearing structures. Pending assays from our property-wide soil-till sampling will also help us vector into additional potential targets of similar mineralization within the five-kilometre strike potential at Hyndman."
Regional work at Hyndman is part of the company's two-pronged approach to exploration in the Dryden gold district. First and foremost, the company is focused on its flagship brownfields prospect at the Gold Rock target area. Drilling at Gold Rock has intercepted multiple high-grade parallel structures over a one-kilometre strike. In addition, Dryden Gold intends to make new discoveries through regional exploration which includes: (1) proving periodicity in the Gold Rock camp with a two-kilometre stepout at Mud Lake; (2) drill testing the Sherridon project; and (3) advancing the Hyndman project to drill-ready status through channel sampling. Drilling at Mud Lake and Sherridon and extensional drill testing along the Elora structure in the Gold Rock target area have been completed with results pending.
"The mineralization that we are observing at Hyndman appears to be very similar to the Goldlund deposit held by Nexgold," commented chief executive officer Trey Wasser. "Goldlund is located within the Dryden region. What excites me the most is that the host rock for Hyndman has four to five times more potential strike length than Goldlund. In addition, Hyndman is located right off the Trans-Canada Highway, which has extensive logging road access, railway crossing the property and Ontario grid power. The team is now combining our summer mapping and prospecting with the channel sample results to refine our geologic understanding and prepare for Hyndman's drilling phase."
Dryden first announced positive assay results at Hyndman from the 2023 reconnaissance program where the target was first discovered (Jan. 25, 2024). This first significant assay result on the Hyndman project was followed up with a detailed mapping and sampling program in 2024 (Jan. 13, 2025). Previous assay results from Hyndman were all surface grab samples. This current program utilized channel sampling, which cuts the rock on surface. Channel samples are taken by cutting parallel cuts along the surface of the rock and then chipping out the rock in between. This creates a continuous sample across the geological features similar to a drill hole. The new results of 23.32 g/t gold over 2.80 metres, including 24.79 g/t gold over 1.50 metres, also including 36.90 g/t gold over 0.70 metre, was hosted in a shear vein at surface.
Geology summary
Hyndman is in the Kawashegamuk group, with various lithologies of metasedimentary units within the larger mafic metavolcanic sequences, often displaying massive to pillowed basalts and various lenses of intermediate intrusions. The current Hyndman target is a large, roughly four-to-five-kilometre-long and 400-metre-wide (at the widest section), oblong, diorite intrusion marginally situated southwest of an interpreted 1.8-kilometre-wide deformation interpreted from strongly elongate pillowed basalts containing garnet in the selvages indicating increased pressure and fluid flow, in alternance with thickly laminated clastic metasedimentary units.
Within this large diorite, discrete one-to-five-metre shear zones (variable thickness defined by surface expression) typically contain small millimetre-to-centimetre-sized boudinaged quartz veinlets parallel to the shear fabric, oriented northwest-southeast, with visible 20-to-30-centimetre-sized quartz veins containing up to 5 per cent visible pyrite, also shear parallel. Hematite-ankerite staining and alteration are stronger marginal to the larger and more prominent quartz-veins and veinlets. It appears that the rheological change from the surrounding volcanic rock to the intermediate intrusion was favourable for gold deposition during this deformational event. The company's geological interpretation is continuing following completion of the company's fieldwork program and drill testing using oriented core.
Marketing update
Management will be participating in the coming 121 Global Online Conference taking place on Oct. 14 to Oct. 15, 2025. Investors can look forward to getting an update on Dryden's fully financed drill program and coming exploration plans. The company welcomes investors to reach out for meetings and to review its updated corporate presentation. For more information about which conferences management will be attending next, please visit the company's events page.
Qualified person
The technical disclosure in this news release has been reviewed and approved by Maura J. Kolb, MSc, PGeo, president of Dryden Gold and a qualified person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
Analytical laboratory and quality assurance/quality control 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 within its exploration programs is subject to a company standard of internal 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 overlimits 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 is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange (symbol: DRY) and on the OTCQB marketplace (symbol: DRYGF) and Frankfurt Stock Exchange (symbol: X7W). The company has a strong management team and board of directors comprising experienced individuals with a record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100-per-cent interest in a dominant strategic land position in the Dryden gold 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 50 kilometres of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with first nation communities and benefits from proximity to an experienced mining work force.
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