Northwire Canada EditionSaturday, August 15, 2026
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ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
Drill Results

Dryden Gold drills 9.40 m of 8.68 g/t Au at Jubilee

By The Northwire Desk — AI Analysis Aug 21, 2025 · 15:08 DRY · 0.215 Dryden Gold Corp.
DRY · Price

Executive Summary

  • Dryden Gold reported high‑grade intercepts from the Jubilee zone, including 8.68 g/t Au over 9.40 m (with 20.50 g/t Au over 1.30 m and 26.40 g/t Au over 1.40 m) and multiple hanging‑wall hits of >3 g/t Au.
  • The company closed a $7.8 M financing on Aug. 18, 2025 (including $5.95 M of flow‑through exploration funds), enabling an additional 20,000 m of drilling in 2026 with no further financing required.
  • Management will attend several industry conferences in September 2025 to present the drill program results and upcoming budget.

Key Details

  • Drill hole DRG-25-016: 8.68 g/t Au over 9.40 m; includes 20.50 g/t Au over 1.30 m and 26.40 g/t Au over 1.40 m at the Jubilee zone.
  • Drill hole DRG-25-013 (Jubilee HW): 3.41 g/t Au over 5.25 m; includes 8.01 g/t Au over 2.05 m.
  • Additional hanging‑wall intercepts:
  • Hole DGR-25-013 – 3.75 g/t Au over 2.50 m (16.00 g/t Au over 0.50 m).
  • Hole DGR-25-014 – 1.98 g/t Au over 4.95 m.
  • Four gold‑bearing hanging‑wall structures now identified parallel to the Jubilee zone.
  • Ongoing drill program: 15,000 m total for 2025; plans for an extra 20,000 m in 2026 covering Elora system, Pearl/Laurentian zones, and a 2 km step‑out at Mud Lake (surface samples up to 24.20 g/t Au).
  • Regional work: first‑pass drill test at Sherridon completed; channel samples from Hyndman pending assay; soil/till program >60 % complete.
  • Financing: Closed $7.8 M on Aug. 18, 2025; includes $5.95 M of 2026 flow‑through exploration funds. No additional financing anticipated through June 2026.
  • Subscription correction: CEO Trey Wasser subscribed for 125,000 HD shares (not 250,000); VP of Exploration subscribed for 50,000 HD shares.
  • Conference attendance (Sept 2025):
  • Precious Metals Summit – Beaver Creek (Sept 9‑12).
  • Denver Mineral Exploration Symposium – Ms. Maura Kolb presenting on structural geology (Sept 12‑13).
  • Metals Investor Forum – Vancouver (Sept 26‑27); corporate update on drill program and 2026 budget.

Notable Quotes

  • “We are extremely pleased with our continued drill success in the Gold Rock target area… Discovering a fourth hangingwall structure at Jubilee with significant grade is exciting and adds to our Red Lake theme.” – Trey Wasser, CEO

All non‑material boilerplate, safe‑harbor language, and generic company descriptions have been omitted.

Read the original news release →

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