Dryden Gold expands Elora system scale

Executive Summary

• Dryden Gold Corp. released final results from its 2025 drill program, reporting that the Elora gold system has more than tripled in size to over 800 metres along strike.
• The program successfully demonstrated continuity between historic Jubilee and Pearl occurrences and discovered several new subparallel, gold-bearing structures in the hangingwall of the Elora shear.
• The company confirmed it has achieved three of its four 2025 exploration goals, with the fourth (Mug Lake target) currently awaiting assay results, setting the stage for a fully financed 2026 program.

Key Details

• Elora Shear Zone Expansion: The principal structure, the Elora shear zone, has been expanded to over 800 metres along strike. The system remains open at depth, with the vast majority of drill holes still above the 200-metre vertical level.
• Hangingwall Discoveries: The 2025 program identified and began outlining several subparallel, gold-bearing structures in the hangingwall (HW) to the Elora shear.
• Significant Intercepts:
  • Hole DGR-25-029: Returned the widest intervals to date on the HW2 structure.
  • Hole DGR-25-030A: Returned the widest intervals to date on the HW3 structure.
  • Hole DGR-25-028: Intercepted the widest interval to date on the Elora shear.
• Continuity and Structure: Good continuity was observed between the historic Jubilee and Pearl occurrences. A continuous zone of gold mineralization has been outlined for over 600 metres, remaining open for expansion.
• Pearl to Laurentian Intersection: Hole DGR-25-020 intersected five gold mineralized structures at shallow depths between Pearl and Laurentian.
• Structural Complexity: Hole DGR-25-031 encountered a significant fault structure between Pearl and north of Treasure, which geologists believe contributes to the narrowing of mineralized structures and lower grades north of Pearl. Further geological work is underway to improve targeting in this northern portion.
• 2025 Goals Status:
  • Completed: Expansion of Elora gold system size; discovery of high-grade mineralization in new hangingwall structures; demonstration of continuity in the main Elora shear zone.
  • Pending: Initial drill testing of the Mug Lake target is complete, but assays are pending. This was the fourth goal for 2025.
• Future Outlook: The results set the stage for rapid growth in the Gold Rock target area with a fully financed 2026 exploration program.

Notable Quotes

• Trey Wasser, CEO: "The most important of our four goals for the 2025 exploration program was to expand the size of the Elora gold system. From this spring's high-grade discovery at Pearl, to the discovery of high-grade gold mineralization in the new hangingwall structures and with the continuity of the main Elora shear zone now being demonstrated, we are in a great position as we lay out our 2026 drill program at Gold Rock."
• Trey Wasser, CEO: "Combined with the promising early stage discoveries at Sherridon and Hyndman, we have now delivered on three of our four 2025 goals."