Northwire Canada EditionSaturday, August 15, 2026
Northwire
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%

← Back to our analysis

Original News Release

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

Mr. Trey Wasser reports DRYDEN GOLD REPORTS 8.68 G/T GOLD OVER 9.40 METERS AT JUBILEE Dryden Gold Corp. has released the results from its continuing drill 2025 program on the Elora gold system. The new results are from the Jubilee zone and Jubilee hangingwall (HW). These drill results are part of the company's fully financed 15,000-metre (m) 2025 drill campaign targeting the Elora gold system, as well as regional targets and extensive fieldwork. Drill highlights: Drill hole DRG-25-016 intercepted 8.68 grams per tonne (g/t) over 9.40 m, including two separate high-grade zones of 20.50 g/t gold over 1.30 m and 26.40 g/t gold over 1.40 m, at Jubilee. Drill hole DRG-25-013 intercepted 3.41 g/t over 5.25 m, including 8.01 g/t gold over 2.50 m, in the HW4 at Jubilee. The company has now identified four gold-bearing hangingwall structures parallel to the Jubilee zone. Trey Wasser, chief executive officer of Dryden Gold, comments: "We are extremely pleased with our continued drill success in the Gold Rock target area. The Elora gold system is growing in width, depth and along strike with every drill hole. Discovering a fourth hangingwall structure at Jubilee with significant grade is exciting and adds to our Red Lake theme. Regional work is also progressing with three drill holes completed in a first-pass drill test at Sherridon and with channel samples from Hyndman now in the assay lab. With the closing of our recent financing, drilling will continue well into 2026, with an additional 20,000 m of drilling and more fieldwork throughout the Gold Rock camp and at regional targets. Over the next 12 months, we intend to really unlock the gold story in the Dryden gold district." Jubilee zone Drill holes DGR-25-015 and DGR-25-016 were designed to test and expand the highest-grade portion of the Jubilee zone. Hole DGR-25-016 expanded the high-grade core of the zone with a result of 8.68 g/t gold over 9.40 m, including two separate high-grade intercepts of 20.50 g/t gold over 1.30 m and 26.40 g/t gold over 1.40 m. Hole DGR-25-013 also expanded the Jubilee zone with 1.54 g/t gold over 10.35 m, including 6.12 g/t gold over 1.30 m. The geology team is working with structural geology experts Dr. Ben Frieman of the Colorado School of Mines and Terrane Geoscience Inc. to refine the controls of the highest-grade mineralization. The periodicity or pattern of the high-grade zones appears to be controlled by regional structural intersections but the highest grades within those zones may have a more local control or pattern. The interpretation and learnings from Jubilee will be applied to the targeting the highest grades within the other zones in the Gold Rock camp. Jubilee HW zone The company has drilled several follow up holes on the initial discovery of hangingwall gold mineralization in hole KW-25-003 that assayed 301.67 g/t over 3.90 m, including 1,930 g/t over 0.60 m (May 7, 2025). These holes have confirmed multiple stacked structures in the hangingwall of the Jubilee zone. Through this program, the company is seeing significant D2 parallel mineralization, stacked structures, as well as folding of the quartz veins. Hole DGR-25-013 showed a promising intercept of 3.41 g/t gold over 5.25 m, including 8.01 g/t gold over 2.05 m, in this hangingwall area close to the Jubilee zone. Both holes DGR-25-013 and DGR-25-014 intersected good results on HW1, with hole DGR-25-013 returning 3.75 g/t gold over 2.50 m, including 16.00 g/t gold over 0.50 m, and DGR-25-014 returning 1.98 g/t gold over 4.95 m. Drill program update Drilling at Elora has focused on strike extension testing the Pearl zone and the Laurentian mine area, as well as growth and high-grade controls for the Jubilee zone. Dryden Gold is currently testing expansion targets following up on the previous drilling of DGR-25-005, which returned 2.20 g/t gold over 5.90 m, including 10.70 g/t gold over 0.90 m (July 24, 2025), which may indicate a new high-grade zone at Pearl. The company will be drill testing 300 m of strike length between Pearl and Laurentian, which has little to no historical drilling. In addition, the company plans to begin drill testing at the two-kilometre (km) stepout target, Mud Lake, which returned surface samples grading up to 24.20 g/t gold (Jan. 30, 2025). Regional exploration update Summer field programs are continuing; first results from Sherridon and Hyndman are expected soon with a few months of field season remaining. The exploration team will review the new results and potentially expand the field program to further test any positive targets. The property-wide soil/till program is on track, with over 60 per cent of the sampling completed. Marketing update Management will be attending the Precious Metals Summit in Beaver Creek, from Sept. 9, 2025, to Sept. 12, 2025. Mr. Wasser and Maura Kolb, MSc, PGeo, president, will be available for meetings. Please e-mail [email protected] to arrange a booking. Ms. Kolb has been invited by the Colorado School of Mines to speak at the Denver Mineral Exploration Symposium 2025, which is taking place on Sept. 12, 2025, to Sept. 13, 2025. This two-day conference brings together mining professionals in various disciplines of exploration geology, research and development, finance, and policymaking. Ms. Kolb will be giving an update on Dryden Gold's high-grade gold project, with a focus on the importance of structural geology when exploring for Archean lode gold systems and how the technical team's thesis has grown over the past year. Dryden Gold will also be participating in the Metals Investor Forum from Sept. 26, 2025, to Sept. 27, 2025, in Vancouver, at the JW Marriott Parq hotel. Ms. Kolb will be giving a 10-minute corporate presentation on Friday, Sept. 26, 2025, at 12 p.m., followed by a short Q&A (question-and-answer) period. Investors can look forward to an update on the completion of the 2025 drill program and the 2026 exploration budget. Registration is free; please register on-line and view the agenda. Financing update Dryden Gold announced the closing of its current $7.8-million financing on Aug. 18, 2025, which included $5.95-million of 2026 flow-through exploration funds. The 2026 exploration program is expected to begin in October, 2025, and will include 20,000 m of drilling with additional regional fieldwork. It is currently budgeted through June, 2026, with no anticipated financing requirements. Note: The Aug. 18, 2025, news release mistakenly stated that "the company's CEO, Trey Wasser, subscribed for 250,000 HD shares and the VP of exploration subscribed for $50,000 HD shares." Mr. Wasser subscribed for 125,000 HD shares and the vice-president of exploration subscribed for 50,000 HD shares. Qualified person The technical disclosure in this news release has been reviewed and approved by Ms. Kolb, a qualified person as defined by National Instrument 43-101 of the Canadian Securities Administrators. 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 QA/QC programs, which include the insertion of certified reference materials and 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 overlimits 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 listed on the TSX Venture Exchange, on the OTCQB marketplace and on the Frankfurt Stock Exchange. The company has a strong management team and board of directors, comprising experienced individuals with a record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100-per-cent interest in a dominant strategic land position in the Dryden 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 km 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 ↗