Northwire Canada EditionFriday, November 13, 2026
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Drill Results

Dryden Gold reviews exploration results from 2025

By The Northwire Desk — AI Analysis Dec 17, 2025 · 12:21 DRY · 0.30 Dryden Gold Corp.
DRY · Price

Executive Summary

  • Dryden Gold Corp. outlines its 2026 exploration strategy following a successful 2025 campaign that achieved all four exploration objectives, including significant growth at the Gold Rock target and new discoveries at Sherridon and Hyndman.
  • The company has secured full financing for its 2026 program through a $7.8 million equity financing (including a top-off from Centerra Gold) and $4.56 million in warrant exercises, maintaining a low all-in drilling cost of $250/metre.
  • Key 2025 operational highlights include tripling the mineralized footprint at Gold Rock, intersecting high-grade hangingwall zones, and completing property-wide soil-till and lidar surveys to identify new regional targets.

Key Details

  • 2025 Exploration Results:
    • Drilled 15,000 metres, successfully meeting all four exploration objectives.
    • Gold Rock Target: Tripled the mineralized footprint; significant growth in strike length and hangingwall structures.
    • Mud Lake Target: Successfully tested periodicity at the deposit scale.
    • Hyndman Discovery: Advanced the discovery leading to a positive drill decision; summer fieldwork returned high-grade surface channel samples (23.32 g/t Au over 2.80 m).
    • Sherridon Target: New discovery of broad gold mineralization; initial three-hole drill program showed broad zones of gold mineralization.
    • Regional Work: Concluded property-wide soil-till sampling and lidar programs to promote additional regional targets.
  • 2025 Financial & Capital Markets:
    • Completed a $7.8 million equity financing to fund an initial $6 million in 2026 exploration, including a top-off investment from Centerra Gold.
    • Warrant exercises added $4,565,473 to the treasury.
    • Stock price increased over 200%, with a 52-week range of 10.5 cents to 39 cents.
    • Maintained industry-low all-in drilling costs at $250/metre.
    • Received the Ontario Junior Exploration Grant.
  • Operational Updates:
    • Built out and expanded office and core handling facilities in Dryden, Ontario.
    • Increased in-house exploration team to 10 full-time staff.
    • Made final property payment to Alamos Gold for 100% of the Upper and Lower Manitou portions of the property.
    • Received three exploration permits in 2025 for Elora Gold System, Sherridon, and Hyndman.
    • Purchased one of the royalties on the property.
  • 2026 Exploration Goals:
    • Continue growth at Gold Rock, testing strike length and hangingwall structures from Elora to Big Master.
    • Test for periodicity/repetition on strike at Mud Lake and a new anomaly to the south.
    • Drill-test the Hyndman regional discovery.
    • Follow-up drilling at Sherridon to continue development of the deposit model.
    • Interpret soil-till program to identify new regional targets for the exploration pipeline.
  • Upcoming Events:
    • Exhibiting at Metals Investor Forum (MIF) in Vancouver, Jan. 23–24, 2026.
    • Participating at AME Round Up in Vancouver, Jan. 28–29, 2026 (Booth No. 1024).

Notable Quotes

  • "It has been a truly transformative year for Dryden Gold. I want to thank the entire team as well as our loyal and supportive shareholders for driving Dryden Gold's success." — Trey Wasser, Chief Executive Officer
Read the original news release →

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Nov 04, 2026 · 07:01

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Drill Results Oct 22, 2026 · 06:02

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Dryden settles a minor debt through an indigenous pact, de-risking Ontario exploration ahead of upcoming drilling programs.

Other Oct 14, 2026 · 06:00

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Drill Results Sep 23, 2026 · 06:01

Dryden Gold Intersects 7.88 g/t Gold over 12.70 Meters at Gold Rock

Drill Results Sep 09, 2026 · 06:01

Dryden’s Hyndman grab samples returned 31.20 g/t gold as the regional exploration program nears completion.

Drill Results