Dryden Gold Reports on Deeper Drilling at Spyglass with 9.40 g/t Gold over 4.60 meters at a True Depth of 330 Meters, Provides Marketing Update

Dryden Gold Corp. (DRY) has released results for four step-out and down-plunge drill holes at its Gold Rock camp, targeting the Spyglass and Buccaneer zones. The company identified the holes as DGR-071, DGR-072B, DGR-073, and DGR-074.

The headline intercept came from hole DGR-073 at the Spyglass BM2 zone, which returned 4.60 meters at 9.40 g/t Au, including 0.38 meters at 78.40 g/t Au. Other intercepts at Spyglass included 2.00 meters at 4.60 g/t Au from DGR-071, 1.65 meters at 5.47 g/t Au from DGR-072B, and 4.78 meters at 2.54 g/t Au from DGR-074.

At the Buccaneer BM1 zone, DGR-073 returned 5.55 meters at 0.95 g/t Au. DGR-071 intersected 3.00 meters at 0.68 g/t Au, DGR-072B returned 5.90 meters at 0.66 g/t Au, and DGR-074 returned 6.30 meters at 0.20 g/t Au.

The company stated that the drilling extended the Spyglass zone from approximately 190 meters to approximately 330 meters in vertical depth. Similarly, the Buccaneer zone was extended from approximately 185 meters to approximately 370 meters in vertical depth. Dryden Gold noted that all four holes reportedly encountered visible gold at Spyglass in predicted locations.

The release also disclosed a paid promotional services agreement with Epstein Research, valued at US$7,500 in cash with no securities involved.

Dryden Gold Corp. (DRY) is a pre-resource exploration company with no mineral resource, reserve, preliminary economic assessment, or mine plan disclosed. The company’s recent release details depth expansion and step-out results rather than infill or resource-definition drilling, serving to grow the interpreted footprint and depth of two known zones.

The best gram-metre grade reported was 43.24 g.m. This result is heavily nugget-dependent and does not materially alter the exploration narrative.

Prior-period context from the Q1 2026 MD&A indicates a net loss of $2.47 million and cash of $8.64 million at March 31, 2026. Subsequent financing raised over $9.7 million, consistent with its pre-revenue exploration stage. According to the provided June 2026 deck, cash was approximately $14.5 million and working capital about $15.9 million, supporting the 45,000 m program.

Shares are trading near the low of the provided range at approximately $0.26, after peaking at $0.48 in January 2026 and declining through 2026. The market is not pricing in exceptional exploration success.

Dryden Gold Corp. (TSXV: DRY, OTCQX: DRYGF, FSE: X7W) is focused on orogenic gold exploration in the Dryden District of Northwestern Ontario. The company is the 100% owner of a large district-scale land package, which the June 2026 deck cites as covering over 865 km² (88,830 ha) with a 50 km strike along the Manitou-Dinorwic deformation zone.

The flagship Gold Rock camp includes multiple named zones: Big Master, Elora, Jubilee, Pearl, Sparrow, Treasure, Barrelman, Spyglass, Buccaneer, Ruby, and others. Regional projects include Hyndman, Sherridon, Mud Lake, Lost Lake, and Tremblay. Strategic shareholders include Alamos Gold at 10.46% and Centerra Gold at 9.99%, according to the provided June 2026 deck. No mineral resources, reserves, or economic studies are disclosed.