Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%

← Back to our analysis

Original News Release

Dryden Gold expands Elora system scale

Mr. Trey Wasser reports DRYDEN GOLD MORE THAN TRIPLES THE SCALE OF THE ELORA GOLD SYSTEM WITH ITS 2025 EXPLORATION PROGRAM Dryden Gold Corp. has released the final results from its 2025 drill program along the rapidly expanding, open-ended, high-grade Elora gold system. During 2025, the company has more than tripled the size of the principal structure, the Elora shear zone, to over 800 metres along strike. The most recent results show good continuity between the historic Jubilee and Pearl occurrences. The Elora gold system remains open at depth, with the vast majority of drill holes still above the 200-metre vertical level. In addition, the 2025 program discovered, and begun to outline, several subparallel, gold-bearing structures in the hangingwall (HW) to the Elora shear. In near-surface drilling, holes DGR-25-029 and DGR-25-030A returned the widest intervals to date on both the HW2 and HW3 structures while drill hole DGR-25-028 intercepted the widest interval to date on the Elora shear (Table 1). Over all, the program has been a significant success and sets the stage for rapid growth in the Gold Rock target area with its fully financed 2026 exploration program. Trey Wasser, chief executive officer of Dryden Gold, states: "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. Figure 1 [in the original version of this news release] clearly demonstrates this significant progress and outlines a continuous zone of gold mineralization for over 600 metres which remains open for expansion. Combined with the promising early stage discoveries at Sherridon and Hyndman, we have now delivered on three of our four 2025 goals. We have recently completed initial drill testing of our Mug Lake target (assays pending) with the objective of outlining the broader potential of the greater Gold Rock camp, which was our fourth goal for 2025." Between Pearl and Laurentian, DGR-25-020 intersected five gold mineralized structures, at shallow depths. However, there is a narrowing of the structures and lower grades north of Pearl that is believed to be related to faults or other structural factors. Recently drilled hole DGR-25-031 drill tested across the Elora gold system and the Big Master gold system from Pearl to north of Treasure. This hole encountered a significant fault structure which the geology team believes is playing a role in this narrowing of the mineralized structures. Further geological work is under way to improve targeting at the northern portion of the Gold Rock target area. Marketing update Chief executive officer Trey Wasser will be meeting with investors at the 121 London Mining Investment Conference taking place on Nov. 17 to Nov. 18 and will also be participating in the Swiss Mining Institute Zurich conference from Nov. 20 to Nov. 21 hosting more one-to-one meetings and attending networking events. The company welcomes investors to reach out for meetings and to review its updated corporate presentation. Qualified person The technical disclosure in this news release has been reviewed, verified and approved by Maura J. Kolb, MSc, PGeo, president of Dryden Gold and a qualified person within the meaning defined by National Instrument 43-101. Verification included examination of the drill core, core photos, the assay data and related databases. Analytical laboratory and QA/QC (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 is 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 quality control and quality assurance (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 over limits 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 National Instrument 43-101. About Dryden Gold Corp. Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization in the Dryden area of Northern Ontario. Dryden Gold is listed on the TSX Venture Exchange (DRY), on the OTCQB marketplace (DRYGF) in the United States and on the Frankfurt Securities Exchange (X7W) in Germany. The company has a strong management team and board of directors comprising experienced individuals with a record of building shareholder value through property acquisition/consolidation, exploration success, and M&A (merger and acquisition) and development. 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 nations communities and benefits from proximity to an experienced mining work force. We seek Safe Harbor.
View at source ↗