Announcement • Apr 23
Dryden Gold Corp., Annual General Meeting, Jun 23, 2026 Dryden Gold Corp., Annual General Meeting, Jun 23, 2026. Announcement • Apr 15
Dryden Gold Corp. announced that it expects to receive CAD 7.5 million in funding Dryden Gold Corp. announces non-brokered equity financing to issue 17,951,996 shares comprised of both flow-through common shares and charity flow-through shares. The FT Shares will be offered at CAD 0.41 per share and the CFT Shares will be offered at a price of CAD 0.4521 per CFT Shares for maximum aggregate proceeds of up to CAD 7,500,000 on April 14, 2026. All of the securities sold under the offering will be subject to a hold period of four months and one day from the date of issuance. The Financing may close in one or more tranches. Closing of the Offering is subject to a number of customary closing conditions, including receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange. The Company anticipates that insiders may subscribe for CFT Shares. Announcement • Jan 21
Dryden Gold Corp. Reports Drill Results from Second Pass Drilling At Its Sherridon Gold Discovery Dryden Gold Corp. reported drill results from second pass drilling at its Sherridon gold discovery. This includes a broad interval of near surface gold mineralization in hole DSH-004 which returned 1.10 g/t gold over 15.50 metres, including 0.50 metres grading 25.20 g/t gold. Drill hole DH-004 was 150 meters east on strike from hole DSH-25-001 while DSH-005 was 300 meters to the southeast. The last hole of the program was approximately one kilometer west-northwest of the initial drill program designed to test the high-mag anomaly and the shear zone's regional potential. Preliminary review of the multi-element geochemical data from the 2025 drill program indicates a single fluid signature for the gold mineralization at Sherridon that shows distinct mineralogical, alteration and geochemically attributes which differ from those associated with gold mineralization in the Gold Rock camp to the northwest. The 2025 Sherridon property-wide till substrate sampling program totaled 1,226 samples which were collected at a 200m by 500m spacing across the property. From initial logging, the geology team noticed different textures and fabrics to the mineralized zones. Initial geochemistry from the 2025 drill program is supporting a very different deposit model. The team believes that what have encountered, to date on the Sherridon Property, represents alteration and halo mineralization to a much larger system. The newly received till substrate results and ongoing 3-D geophysical inversion studies will be used to target the source or the major trap for mineralization at Sherridon. Mapping and Prospecting this summer will focus on outlining the true potential at Sherridon." Exploration Update. Based on the increased 2026 funding from the recent warrant exercises and a top-off investment from strategic partner, Centerra Gold the Company plans to expand the 2026 drill program, across its district scale land package, from 23,000 meters to a minimum of 32,000 meters. The Company will continue its two-pronged approach to exploration; expanding known mineralization at Gold Rock while exploring regionally for a new discovery. Drilling will continue to primarily focus on the growth and expansion of the high-grade gold zones in the Gold Rock Target Area and proving periodicity throughout the Gold Rock Camp with further drilling planned at the new Mud Lake discovery. Drilling is ongoing at Gold Rock and results from the Pearl Zone are in the lab. Pearl represents the extension of the Jubilee Zone on the Elora Gold System at Gold Rock. Drilling at the Hyndman discovery is also underway testing the results from 2025 channel sampling. New Risk • Jan 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$67.1m market cap, or US$48.6m). Announcement • Jan 10
Dryden Gold Corp. announced that it expects to receive CAD 0.99875 million in funding Dryden Gold Corp announced a non-brokered private placement to issue f 2,350,000 charity flow-through common shares at a price of CAD 0.425 per CFT Share for aggregate gross proceeds of CAD 998,750 on January 8, 2026. The CFT Shares will qualify as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act and "Ontario focused flow-through shares" as defined in the Taxation Act, 2007. No finders' fees were paid in connection with the Offering. New Risk • Sep 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (105% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$50.9m market cap, or US$36.9m). Announcement • Aug 18
Dryden Gold Corp. announced that it has received CAD 7.82012 million in funding from Centerra Gold Inc. and another investor On August 18, 2025, Dryden Gold Corp. closed the transaction. The company announced that it has received Finders' fees of 6% cash were paid to eligible arm's length persons with respect to certain subscriptions accepted by the Company. In connection with Closing the Company paid aggregate finder's fees of CAD 51,300 to arm's length parties. The Company is also pleased to announce that Centerra Gold Inc. ("Centerra"), has exercised their 'topup right' to retain their 9.9% interest in the Company, as granted within the investor rights agreements dated December 17, 2024 and Trey Wasser subscribed for 250,000 HD Shares and the VP of Exploration subscribed for CAD 50,000 HD Shares. The issuance of the shares under the offering remains subject to the final acceptance by the TSX Venture Exchange (the "TSXV") and compliance with applicable regulatory requirements including requirements Announcement • Jul 18
Dryden Gold Corp. announced that it expects to receive CAD 8.478571 million in funding Dryden Gold Corp. announced non-brokered private placement equity financing pursuant to which the company will raise up to CAD 7,000,000 of Up to 14,285,714 Flow-through shares at a price of CAD 0.24 for each Flow-through share aiming for a maximum gross proceeds CAD 3,428,571.36,Up to 12,500,000 Charity Flow-through shares at a price of CAD 0.284 each, for maximum gross proceeds of CAD 3,550,000, Up to 7,500,000 Hard dollar shares at CAD 0.20 for each hard dollar share for maximum gross proceeds of CAD 1,500,000 on July 17, 2025. The company will issue a total of o 34,285,714 shares. Subject to compliance with applicable securities laws and the approval of the TSX Venture Exchange (the "TSXV"), finders' fees of 6% cash of the CFT Shares, FT Shares and HD Shares sold under the Financing may be payable to eligible arm's length persons with respect to certain subscriptions accepted by the Company. The LIFE Offering will close in one or more tranches on completion of documentation with the final closing on or before September 5, 2025, or such other date or dates as the Company may determine,and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange The securities offered under the Listed Issuer Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The Company anticipates that insiders may subscribe for HD Shares. Announcement • Jun 20
Dryden Gold Corp. Announces New Results from Initial Drill Campaigns At the New Pearl Target and the Historical Laurentian Mine Target Dryden Gold Corp. announced new results from its initial drill campaigns at the new Pearl Target, previously the Intersection Target, ("Pearl") and the historical Laurentian Mine Target ("Laurentian"). Drill Highlights. Drill Hole DGR-25-001, at Laurentian, returned assays of 28.60 g/t gold over 0.50 meters in a hanging wall structure which represents a similar zone a kilometer to the northeast on strike to the new hanging wall discovery at the Jubilee Zone, which returned 301.67 g/t over 3.90 meters including 1,930 g/t over 0.60 meters. Drill Hole DGR- 25-007, at Pearl, returned assays of 2.26 g/t gold over 8.80 meters including 7.12 g/t gold over 2.60 meters and including 25.80 g/t gold over 0.,60 meters. Drill Hole D GR-25-006, at Pearl, intersected three stacked structures totalling over 21 meters and Drill Hole DGR-25 -007 intersected three stacked structures totaling over 24 meters. Drill Hole DGR -25-002, at Laurentian, intersected five stacked mineralized structures totaling over 23 meters combined width. The exploration team is planning follow-up drilling at Laurentian focusing on deeper extensions of the system to effectively test below the historical workings to test these stacked structures within the high-grade zone. At Pearl, targets are now being developed to test depth and strike extension and expand the high-grade zone. New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 71% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$36.9m market cap, or US$26.4m). Announcement • May 09
Dryden Gold Reports 301.67 G/T Gold over 3.90 Meters Including 1,930 G/T Gold over 0.60 Meters in A New Hanging Wall Discovery Dryden Gold Corp. announced drill results for the new hanging wall discovery on the Elora Gold System in the Gold Rock Camp. The Company first announced this intercept with significant visible gold ('VG') on April 8. Assays have now confirmed results of 301.67 g/t over 3.90 meters including 1,930 g/t over 0.60 meters and represent a newly discovered hanging wall zone with folded quartz stringer veins hosted in sheared basalts. This newly intercepted hanging wall gold mineralization in hole KW-25-003 is approximately 80 meters from main Jubilee high-grade zone at a true depth of 250 meters. The geology team will now increase its focus on unlocking the potential of these additional mineralized structures for hosting high-grade gold zones. The occurrence of multiple parallel mineralized structures is another striking similarity to the Red Lake Mine and the Company is planning follow up holes to further test this new hanging wall structure to the northeast where it is completely open on strike. The Elora Gold System, which hosts the potential for several high-grade zones at the structural intersections, will be a major focus of the 2025 drill campaign. To date, Dryden Gold has drilled 12 holes totaling approximately 4,083 meters testing the Elora Gold System in late 2024 and 2025. Six of these holes targeted the down plunge mineralization potential on the Jubilee high-grade zone between 250 and 500m true depth. Initial 2025 results have been favorable on the Jubilee zone as all five deeper holes have intersected zones of sulphide mineralization and shearing at target depth with results back on holes KW-25-001 through KW-25-003 showing more down plunge potential on the Jubilee Zone. Further to its previous news release of April 23, 2025, the Company announces that, as a result of receiving a top-up notice from Centerra Gold Inc. ('Centerra') to retain its 9.99% interest in the Company, it has now issued an aggregate of 1,087,295 common shares to Centerra at a price of $0.1350 per share for a total consideration of $146,784.83. Announcement • May 01
Dryden Gold Corp. announced that it expects to receive CAD 0.146785 million in funding Dryden Gold Corp. announced a non-brokered private placement that it will issue up to 1,087,295 common shares of the company at an issue price of CAD 0.135 per share for the gross proceeds of up to CAD 146,784.825 on April 30, 2025. Announcement • Apr 23
Dryden Gold Corp., Annual General Meeting, Jun 24, 2025 Dryden Gold Corp., Annual General Meeting, Jun 24, 2025. New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$11.3m market cap, or US$7.91m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). New Risk • Feb 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$13.8m market cap, or US$9.66m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Announcement • Jan 23
Dryden Gold Intersects Additional High-Grade Gold At Elora, Expands Strike Length & Depth Potential Dryden Gold Corp. announced drill results that continue to expand on the Elora Gold System ("Elora") in the Gold Rock Camp ("Gold Rock"). The Phase 6 drill program was completed during November 2024 and consisted of four holes totaling 1,172 meters. The program was designed to follow up on Phase 5 drilling which returned 8. 93 g/t gold over 12. 45 meters and 30. 72 g/t gold over 5. 70 meters. The Company continues to successfully target and intersect the depth and strike expansion on the initial structure at Elora. Dryden Gold is fully funded with a $5. 8 million exploration budget for 2025, and drilling is scheduled to resume in February 2025. Drill Highlights: Hole KW-24-026 intercepted the mineralized zone at approximately 190 meters from surface and returned 5. 92 g/t gold over 12. 34 meters, including 19. 43 g/t gold over 1. 74 meters and 42. 40 g/t gold over 0. 50 meters. Hole KW-24-028 was drilled 60 meters northeast along strike of hole KW-24-026 and returned 3. 88 g/t gold over 13. 81 meters, including 12. 51 g/t gold over 3. 50 meters and 10. 60 g/t over 0. 51 meters. KW-24-029 was drilled 90 meters northeast along strike of hole KW-24-026 intercepting 4. 17 g/t gold over 5. 75 meters, including 17. 30 g/t gold over 1. 18 meters. Hole KW-24-027 was drilled 20 meters deeper than KW-24-026 and intercepted 0. 91 g/t gold over 16. 55 meters. The results from these four holes further confirm the Elora Gold System's impressive width and continuity of mineralization. This drill program, which included the Company's broadest step-out holes, and the Team's additional interpretation of historic data, highlights the potential for continued mineralization and exploration along strike at Elora. Drill permits have been submitted and are currently pending approval paving the way for future exploration to the northeast. The reinterpreted historical data shows high-grade mineralization under the historic Elora/Jubilee Mine, which could expand the strike-length of this structure up to 500 meters. The exploration permit will also allow the Company to drill test under the historic Laurentian Mine one kilometer to the north as well as more effectively test the Elora Gold System at depth. The highest-grade areas of mineralization in this phase of drilling at Elora were preferentially correlate with felsic dykes that were noted adjacent to these mineralization contacts. The geology team is worki on better understanding the composition, orientation, and extent of these dykes as they likely represents the gold mineralization fluid pathways. Mineralization in holes KW-24-026, -028 and -029 were a combination of foliation parallel pyrite and pyrrhotite with quartz veining. Hole KW-24-027 displayed a higher percentage of quartz veining with pyrite and chalcopyrite mineralization. The host rock for all fou holes was a combination of basalt, pillow basalt, and conglomerate. Dryden Gold remains committed to advancing the growth of its flagship Gold Rock Camp project while actively pursuing and evaluating regional exploration targets within its resource pipeline. The company holds an extensive 70,000-hectare land package in the Dryden area, offering district-scale exploration potential. Ongoing early-stage exploration programs are being conducted on the Hyndman and Sherridon projects, as well as within the Gold Rock Camp. Announcement • Jan 16
Dryden Gold Corp. Announces New Samples Collected During the 2024 Summer Mapping Campaign At the Hyndman Property Dryden Gold Corp. announced new samples collected during the 2024 summer mapping campaign at the Hyndman Property. In 2023, the Company expanded its land holdings at Hyndman based on favourable field results and added additional exploration targets. Hyndman is made up of over 6,000 hectares and lies approximately 45 km east of the Gold Rock Camp. It is part of the Tremblay option properties and enjoys excellent infrastructure, including the Trans-Canada Highway and extensive logging roads. The early exploration success at Hyndman is validation of Dryden Gold's generative exploration pipeline and its "district scale" thesis. Highlights: This exploration campaign returned five samples over 1 g/t gold with the best sample grading 34.8 g/t gold and second-best sample grading 6.41 g/t gold. The Hyndman Property now has confirmed gold showings on two of the nine geophysical anomalies highlighted by the geophysical study completed by Mira Geoscience. Five of these geophysical targets remain under-explored and will be follow up in subsequent exploration campaigns. Summary of 2024 Hyndman Work Campaign The 2024 Hyndman summer program consisted of targeted mapping traverses based on exploration targets generated from a geophysical reinterpretation completed by Mira using the Company's 2023 high resolution airborne magnetic survey. The prospecting and mapping campaign was defined by a 3D magnetic susceptibility inversion and subsequent models generated by Mira using the Company's high resolution airborne magnetic survey, performed in 2023. Mira reprocessed the data to produce a 3D geological model of the Hyndman regional geology and a 3-D constrained magnetic susceptibility inversion. This model identified several high priority exploration targets including a validation of the showing that was discovered during the 2023 initial field program where three rock samples returned over 10 g/t gold. Using the Mira targets and drone footage of the area, four mapping traverses were performed to get detailed lithological and structural information to produce refined geological map. Samples were also collected in select areas based on field observations. Announcement • Dec 19
Dryden Gold Corp. announced that it has received CAD 3.377318 million in funding On December 18, 2024, Dryden Gold Corp. has closed the transaction Announcement • Dec 11
Dryden Gold Corp. announced that it expects to receive CAD 3.377318 million in funding Dryden Gold Corp. announced a non-brokered private placement that it will issue up to 11,988,825 charity flow through shares at a price of CAD 0.24 per CFT Share and 2,941,176 hard dollar shares at a price of CAD 0.17 per HD Share, all for total aggregate proceeds of CAD 3,377,318 on December 10, 2024. No finder's fees will be paid with respect of the Shares. The Closing of the Offering is subject to a number of conditions including approval of the TSX Venture Exchange. The Offering is expected to close on or about December 17, 2024. All Shares issued in connection with the Offering will be subject to a hold period of four months and one day from the date of closing, in accordance with applicable Canadian securities legislation. Announcement • Oct 24
Dryden Gold Corp. Highlights Sherridon Property Historic Results and Details Completed Field Work from the Summer Program Dryden Gold Corp. highlighted historic results and details from its summer 2024 field campaign at the Sherridon Project located in the southern region of its land holdings in Dryden Ontario. Dryden has compiled and begun reinterpreting historical drilling, sampling, and geophysical data to develop additional near and long-term exploration targets. Following this compilation, the company completed a phased mapping program across the entire Sherridon Property and is currently re-logging selected historic drill holes. In 2009, a total of 96 historic samples were collected, with 55 returning assays of 0.25 g/t Au or higher, the threshold for anomalous values. Among these, 40 samples exceeded 1 g/t Au, and 23 of those surpassed 5 g/t Au. The samples were primarily collected from quartz veins within an IP anomaly, hosted in sheared and silicified pillowed mafic volcanic rocks. Mineralization consisted of pyrite and pyrrhotite +/- chalcopyrite with visible gold noted multiple times. Historic drilling was completed in three phases between 2010 and 2012 and consisted of 26 holes. The first phase of the program was designed to test IP and prospecting anomalies with seven of ten holes intersecting visible gold. The second and third phase were designed based on data from the previous phases, surface samples and IP anomalies. Mineralization in these historic holes was predominately observed in quartz veins within variably sheared and altered pillowed mafic volcanic rocks. The dominant sulfides included pyrite, pyrrhotite, and trace amounts of chalcopyrite, with biotite and chlorite alteration also observed. Dryden Gold completed a comprehensive mapping program over the entirety of the Sherridon Property during its summer 2024 field program. The mapping focused on enhancing the understanding of the geological controls on the Property with a specific emphasis on the structural and geochemical controls on mineralization and alteration. Select samples were collected as representative lithological units and are currently being run for specialty geochemical analysis. This will provide a more comprehensive understanding the regional and local controls on mineralization to ultimately provide more short and long- term exploration targets for Dryden Gold. Dryden Gold is in the process of relocating all historic drill holes from the Sherridon Property to its core logging facility, where re-logging and sampling of selected holes is currently underway. Previous operators selectively sampled the historic holes, but with the improved understanding gained from recent field mapping, Dryden is conducting a more thorough re-logging and sampling process to obtain deeper analytical insights from these drill holes. Announcement • Sep 11
Dryden Gold Corp. Provides Update on the Phase 5 Drill Program At Its Gold Rock Project, Dryden Ontario Dryden Gold Corp. provided an update on the Phase 5 drill program at its Gold Rock Project, Dryden Ontario. Drilling and logging began in late July and was completed last week with core cutting and sample analysis ongoing. This drill program was designed to follow up on the high-grade shoots discovered on the Elora and Big Master Gold Systems. In the Phase 5 drill program, the Company drilled nine holes totalling approximately 1,600 meters. The Elora Gold System: Three holes have been completed to test the extension of the Elora gold system along the high-grade plunge. Earlier this year, Dryden Gold completed drill hole KW-24-008 which targeted the depth extension of historic drilling. Multiple intercepts of both quartz veining and sulphide mineralization returned 14.10 g/t gold over 7.54 meters including 43.81 g/t gold over 1.42 meters and 92.10 g/t gold over 0.30 meters. On August 12, 2024, the Company announced that visible gold was observed multiple instances in the first follow-up hole at Elora, KW-24-017. This hole intersected a mineralized a zone of similar width that is 30 meters deeper and 45 meters along strike from hole KW-24-008. The zone intersected in hole KW-24-017 is located at 220 meters true depth. Two additional holes have now been completed down plunge and both intercepted a similar sized mineralized zone with visible gold observed in hole KW-24-024. Assays are pending for these three drill holes at Elora. Strike Length & Down Plunge Potential: Elora saw a significant amount of historic exploration from the 1980's to early 2000's. The technical team
has now re-interpreted the historic data. The results show a high-grade shoot, starting at surface, extending to over 220 meters and open at depth. Two historic mines, the Elora-Jubilee and Laurentian Mines, are located north of the current drilling. The Elora-Jubilee Mine lies directly north. The Laurentian Mine is approximately 1 km further north (Figure 2) and was the most productive mine in the entire Kenora Mining District. 20,000 tons of ore at 14 g/t gold to 140 meters depth.1 were recovered at Laurentian. The Gold Rock Camp was historically mined to very shallow depths, while similar deposits in the region continue to depths of over a kilometer (Figure 2). The team is currently working on drill plans and permitting for an expanded fall drill program. The goals of the fall drill campaign will be to: (1) test near surface, and down dip extension on the identified Elora high-grade shoot (2) test along strike on the Elora gold system where fieldwork has identified favourable settings for other high-grade shoots to occur (3) step out drilling to test the Laurentian Mine area along strike. Big Master Gold System: Phase 5 drilling has just been completed on two high-grade shoots on the Big Master Gold System. Drill core is being logged and cut. In addition, the re-logging program is currently being focused in this area. The Company will be providing an update shortly. Announcement • Aug 26
Dryden Gold Corp. announced that it expects to receive CAD 2 million in funding Dryden Gold Corp announced a non-brokered equity financing up to a maximum of 14,000,000 shares comprised of both flow through common shares at CAD 0.13 per share and charity flow-through units at CAD 0.15 per unit for a maximum aggregate gross proceeds of CAD 2,000,000 on August 26, 2024. Each whole warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.18 per common share for a period of 24 months. The Financing will close in one or more tranches on completion of documentation and is conditional upon receipt of all necessary regulatory approvals, including the approval of the Exchange Announcement • Jul 23
Dryden Gold Corp. Announces Details of Its Upcoming Phase Five Drill Program At the Gold Rock Camp Dryden Gold Corp. announced details of its upcoming Phase Five drill program at the Gold Rock camp. The Gold Rock project is found within the Company's strategic 60,000-hectare land package that is focused along the Manitou-Dinorwic deformation zone outside of the town of Dryden, Ontario. The Phase Five program is scheduled to commence in late July 2024 and is planned to consist of 11 holes totaling approximately 1,300 meters. To date, the Company has drilled a total of four phases at Gold Rock. Gold Rock Camp: The Gold Rock Camp area extends approximately 25 km along strike of the Manitou-Dinorwic deformation zone and is centrally located in the Dryden Gold land package. This region consists of historic mining and drilling and represents a brownfields opportunity for Dryden Gold. Geologically, this area is hosted by mafic volcanic flows that were intruded by syn-deformational felsic dykes with orogenic gold occurrences largely occurring within approximately 5 -10 km of major east and north-east trending deformation zones. The Phase Five program will continue to advance the high-grade gold potential of the region by concentrating on the Big Master gold system. The planned holes are preferentially focused on the plunge extension of the historically defined high-grade shoot, the newly identified shoot from phases 1-4, and along strike extensional drilling to the southwest. Announcement • May 10
Dryden Gold Corp. to Relog and Resample Historic High-Grade Drill Core At Gold Rock Dryden Gold Corp. announced its plans for the 2024 spring and summer work program. The program will consist of a focused relogging and re-assaying of historic core and from the known high-grade zones in the Gold Rock Camp. Previous operators selectively sampled based on an interpreted bias that veins were the only host of gold mineralization. Dryden Gold complete sampled the phase 1-4 drill program and has started to define the mineralized hanging wall and footwall zones. The relogging and resampling program's objective is to get a better understanding of the true width and grade of mineralization adjacent to the main BM1 and BM2 vein structures and provide additional insight into the controls on the mineralization. Hanging Wall and Footwall Intercepts. In the Phase 1 & 2 Dryden Gold drill program, hole KW-23-007 was collared in the historically defined high-grade shoot and returned multiple mineralized intercepts including: 34.00 g/t gold over 0.80 meters from 100 m down hole in the hanging wall of the BM2 and 20.93 g/t gold over 0.,69 meters from 144 m down hole including 36.70 g/t gold over 0.'39 meters in the footwall of the BM2, confirming the high-grade potential of the hanging wall and footwall on the BM2 gold system. In Phase 4, hole KW-24-009, a 400-meter step-out from the known high-grade zone, four zones of mineralization in the Big Master gold system were identified where it is interpreted that the mineralized zones area converging. Relog and Resampling Program. Dryden Gold is planning a systematic relogging and resampling programs focused on the known high-grade zones on the Big Master gold system. The historic drill core was stored on the Gold Rock property and is in good condition for future work. The initial data from these holes has been digitized and included in Dryden's 3D lithology model but during this interpretation coupled with new drill holes completed by Dryden, it became apparent that more work was needed to understand the width of mineralization all along the Manitou-Dinorwic Deformation Zone. Data from the relogging and subsequent assaying will be used to further refine and update the mineralization, lithology and structure model for the region which in turn will be used for future drill targeting. The Company is currently working on securing a new facility will have a large, heated core shack, core cutting room and ample secured storage and is located near Gold Rock. All historic, current and future drill core will be consolidated to this new location. The program will also include the zones of interest on the newly acquired Cross River claims within the Gold Rock Camp. The Company has recently located a significant amount of historic data and core in the field. Establishing a new operations facility will allowus to consolidate thousands of meters of historic core currently stored throughout the Gold Rock Camp. New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (CA$11.6m market cap, or US$8.54m). Announcement • Jan 26
Dryden Gold Corp. Reports Surface Rock Samples Up to 13.00 G/T Au and Expands Land Package Dryden Gold Corp. announced that, based on results from rock chip samples collected during the 2023 field program at its Hyndman Property Hyndman, the Company strategically staked additional ground to expand the land package along the interpreted trend of mineralization. The Company would also like to welcome Kenorland Minerals Ltd. to the Dryden District. Kenorland Minerals is one of Canada's premier project generators and now holds over 73,000 hectares bordering Dryden Gold's properties. About the Hyndman Property: A total of 38 surface rock samples were collected at Hyndman. Six of the samples collected hosted significant gold mineralization, three samples hosted gold mineralization over 10.00 g/t Au with the best result at 13.00 g/t Au. Mineralization in the Hyndman area is hosted in intermediate to mafic volcanic rocks adjacent to the Wabigoon Fault, a major regional structure. The newly staked Hyndman claims enhance the overall strategic land package situated on one of the major east-west structures in the Dryden District, similar to structures currently being explored by Dynasty Gold and now a significant land package optioned by Kenorland Minerals Ltd. The Hyndman Project area is the most easterly part of the Company's property. It is located just 2km north of the Trans-Canada highway and has additional road access through a network of logging roads. The area has been recently logged making it easily accessible for additional mapping and exploration work in 2024. Dryden Gold flew high-resolution airborne magnetic survey in 2022 which indicated layering of mafic to intermediate units and horizons of more magnetic rocks likely due to magnetite or pyrrhotite within the host rock at Hyndman. Historically, gold showings have occurred on the southern side of the major regional fault and the significant results from this program align with previous discoveries and potentially new mineralized areas. Observations from the summer mapping campaign included strong pyrite mineralization and silicification within intermediate to mafic volcanics, pyrite mineralization hosted within diorite and pyrite mineralization in felsic dyke contacts. Dryden Gold has significantly expended the size of the land package around the Hyndman Project area (Figure 3). The new land package is nearly four times larger than the original Hyndman Project land package and the additional land adds approximately another seven kilometers of strike on the south side of the Wabigoon regional fault structure. Analytical Laboratory and QA/QC Procedures: All sampling completed by Dryden Gold Corp. 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. Surface samples from the 2023 program were sent to Activation Laboratories, with sample preparation in Dryden and analysis in Thunder Bay & Dryden, where they were processed for gold analysis by 50-gram fire assay with an atomic absorption finish. Activation Laboratories systems conform to requirements of ISO/IEC Standard 17025 guidelines and meets assay requirements outlined for NI 43-101. Announcement • Jan 19
Dryden Gold Corp. Provides Summary of Summer Mapping Program on the Tremblay Area Dryden Gold Corp. present a summary of the surface mapping program conducted in 2023 within the Tremblay area. Throughout the summer and fall of 2023, Dryden Gold conducted an initial mapping and sampling program across the northern segment of the Dryden property, recognized as the Tremblay Area. The Tremblay Area is approximately 300 km2 and is part of Dryden Gold's strategic land package which covers over 48,000 hectares. The program's objective was to comprehensively survey and map the terrain, enhancing the understanding of access logistics for exploration purposes, identifying potential gold-hosting rock formations, and delineating potential deposit styles within the northern section of the land package. Program details: The mapping and sampling initiative utilized logging roads for access and navigated the Wabigoon chain of lakes waterways. Sample collection prioritized obtaining representative samples for a comprehensive regional geochemical study with a focused on gathering samples related to observed alteration and/or mineralization. While the results from the geochemical sampling are currently pending, geology team is actively engaged in interpreting the findings specific to each region. By integrating the latest geochemical findings with the 2022 airborne magnetic survey conducted over the Tremblay property, Dryden Gold aims to delineate specific areas warranting further exploration activities. The total number of samples collected for Gold and multi-element geochemistry assay during this program was 221 surface rock samples. From these samples, a subset of representative samples was also analyzed for whole rock geochemistry to aid in the understanding of the geological settings in the northern portion of the property. The northern section of the property, known as the Tremblay Area, encompasses various distinct target zones. These include Hyndman, Sandybeach, Avery, Tabor, and Turtlepond. Each of these target areas possesses a unique geological setting, yet all align with Dryden Gold's overarching thesis, emphasizing the correlation between gold mineralization and major structural features such as the Manitou Dinorwic Deformation Zone or the Wabigoon Fault.