Dryden Gold Continues to Expand the Gold Rock Gold System

Dryden Gold Corp. (DRY) released additional assay results from its ongoing 2026 drill campaign at the Gold Rock Gold System, located within the Archean Manitou-Dinorwic deformation zone in Northwestern Ontario. The company states that the Gold Rock property has expanded from three widely spaced parallel mineralized structures into a robust gold system comprising 15 mineralized structures over a kilometer in width and two kilometers in strike length. Dryden describes the system as open in all directions, with potential for open-pit mining.

Key intercepts from the release include:

• Hole DGR-078 (new structure BM FW4, "Gap" area): 1.10 m @ 8.57 g/t Au from 210.90 m to 212.00 m.
• Hole DGR-081 (BM1, Sparrow): 10.00 m @ 0.54 g/t Au from 178.00 m, including 1.00 m @ 2.05 g/t.
• Hole DGR-082 (HW1, "Gap"): 1.85 m @ 12.62 g/t Au from 277.65 m, including 0.40 m @ 54.40 g/t; described as ~160 m true depth.
• Hole DGR-087 (BM1, North): 1.60 m @ 3.23 g/t Au from 149.60 m; described as a step-out of over 400 m on strike.
• Hole DGR-090 (BM2, Treasure): 9.50 m @ 2.07 g/t Au from 179.50 m, including 0.85 m @ 6.70 g/t and 0.50 m @ 5.24 g/t.
• Hole DGR-090 (BM1, Barrelman): 30.00 m @ 0.25 g/t Au from 332.00 m, including 12.00 m @ 0.34 g/t and 5.00 m @ 0.46 g/t.

The release contains no cutoff grade, true width, uncut values, or resource or economic study.

Dryden Gold Corp. (DRY) released an incremental drill update from its ongoing 45,000 m programme. The stock has declined 65% from C$0.48 in January 2026 to C$0.17 on October 21, 2026, marking a fresh 52-week low.

The release’s best intercept is materially weaker than the property's demonstrated best results, including DGR-058 at approximately 100 g·m and DGR-048 at approximately 140 g·m. A wide interval supporting open-pit potential was sub-economic, measuring 30 m @ 0.25 g/t. The last good hole, DGR-058, returned 12.70 m @ 7.88 g/t. This result barely moved the stock, which remained at C$0.26.

As a pre-resource explorer with no resource and no economic study, any single hole could matter. However, this batch does not add a new dimension or step change; it infills an already-claimed system.

Dryden Gold Corp. (TSXV: DRY, OTCQX: DRYGF, FSE: X7W) is a pre-revenue gold explorer holding a 100%-owned district-scale land package of approximately 86,500 hectares in the Dryden District of Northwestern Ontario. The company’s holdings cover approximately 50 kilometers of strike along the Manitou-Dinorwic deformation zone. Its flagship property is the Gold Rock camp, which features 15 mapped mineralized structures. Regional targets include Hyndman, Sherridon, Mud Lake, Selby, and Sandybeach.

Infrastructure at the site is described as excellent, with access to grid power, highways, logging roads, and year-round drilling capabilities. The company is in the early stages of exploration and target definition, with no mineral resource, reserve, preliminary economic assessment, or production currently in place.

Strategic shareholders include Alamos Gold, holding approximately 10%, Centerra Gold at approximately 9.7%, Delbrook at 9.4%, and EuroPac at 4.9%. Additional backers include Sprott and McEwen. Prior-period context indicates a Q1-2026 net loss of C$2.47 million and exploration spending of C$1.72 million, with cash holdings of C$8.64 million as of 31 March 2026. A company presentation cited C$11.75 million in cash and approximately 251.2 million shares as of 6 October 2026.