CORRECTION FROM SOURCE: Dryden Gold Reports 6.4 g/t Gold over 3.30 Meters Inc. 15.10 g/t Gold over 1.00 Meters in New High-Grade Footwall Structure at Pearl

Executive Summary

• Dryden Gold Corp. announced new drill results from the Pearl zone within the Gold Rock Target Area, marking the first significant mineralization discovered in the footwall of the Elora Shear at Pearl.
• The company identified two new high-grade footwall zones parallel to the main Elora shear structure and a second high-grade pod on the main shear zone itself, expanding the known mineralization at Gold Rock.
• Five new drill holes totaling approximately 1,600 meters were drilled along a 600-meter strike length from Jubilee to Pearl, with highlighted intercepts being near-surface (15 to 70 meters vertical depth).

Key Details

• Hole DGR-032 (New High-Grade Footwall Zone): Intercepted 6.4 g/t gold over 3.30 meters, including 15.10 g/t gold over 1.00 meters.
• Hole DGR-031 (Second Footwall Zone): Intercepted 77.90 g/t gold over 0.50 meters.
• Hole DGR-032 (Elora Shear at Pearl): Intercepted 1.61 g/t gold over 16.40 meters, including 6.81 g/t gold over 2.50 meters.
• Hole DGR-031 (FW Pearl): Intercepted 18.60 g/t gold over 0.55 meters (from 22.45m to 23.00m) and 77.90 g/t gold over 0.50 meters (from 39.20m to 39.70m).
• Hole DGR-031 (Pearl): Intercepted 3.37 g/t gold over 1.70 meters, including 10.70 g/t gold over 0.50 meters.
• Hole DGR-031 (Pearl HW): Intercepted 1.90 g/t gold over 5.00 meters.
• Hole DGR-032 (Pearl HW): Intercepted 0.50 g/t gold over 13.00 meters, including 2.71 g/t gold over 1.50 meters.
• Hole DGR-034 (Pearl): Intercepted 1.21 g/t gold over 4.80 meters.
• Exploration Strategy: The 2026 fully funded 32,000-meter drill program will focus primarily on the Gold Rock Target Area for most of the spring.
• Future Targets: In addition to Pearl, the company will test the Big Master Gold System to expand high-grade mineralization at Treasure and Barrelman, focusing on near-surface footprints and geologic controls identified in the 2025 structural study.
• Correction Notice: This release corrects and replaces the Feb 4, 2026 release; the headline and Table 1 were corrected to reflect "15.10 g/t gold" instead of "153.10".

Notable Quotes

• Trey Wasser, CEO: "We continue to expand the Gold Rock Target Area with these first holes from our 2026 drill program. These drill results at Pearl continue the Gold Rock theme- multiple stacked structures, with near surface high-grade gold, combined with wide zones of lower grade mineralization. We have discovered another pod of high-grade gold on the Elora shear structure that we will continue to test as our fully funded 32,000-meter program will be focused on Gold Rock for most of this spring. Further expansion of the area from Pearl to Jubilee demonstrates a robust this system with huge potential at Gold Rock."
• Maura Kolb, President: "These new results from Pearl are very exciting. For the first time, we are seeing high-grade mineralization in the footwall of Pearl much like the high-grade mineralization we encountered last year in the hanging wall structures at Jubilee. We also continue to see wide zones of lower grade mineralization at Pearl. We will now be testing additional targets, along strike, on the foot wall of the Elora shear structure."