Vancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) ("Dryden Gold" or the "Company") is pleased announce the complete drill results from Drill Hole DGR-031 ("Gap Hole 2") which tested from the footwall of Elora to the hanging wall of Big Master. Gap Hole 2 intersected a total of 15 gold mineralized structures across 600 meters width. On Big Master it intercepted Treasure at 460 meters true depth. This intersection is the deepest hole that the Company has drilled at Big Master and graded 2.64 g/t gold over 2.50 meters, including 10.80 g/t gold over 0.50 meters (Figures 1 & 2). Previously released results from Gap Hole 2 intersected four high-grade gold mineralized structures at Pearl while additional drilling expanded Treasure and Barrelman with multiple high-grade gold intercepts (Table 1).
Highlights:
- Hole DGR-036 intersects Treasure grading 5.03 g/t gold over 7.50 meters including 43.60 g/t gold 0.58 meters.
- Hole DGR-037 intersects Treasure grading 5.73 g/t gold over 2.20 meters including 32.90 g/t gold over 0.30 meters.
- Gap Hole 2 intersects Treasure at 460 meters true depth grading 2.64 g/t gold over 2.50 meters including 10.80 g/t gold over 0.50 meters.
- Gap Hole 2 returned 77.90 g/t gold over 0.50 meters in a second footwall zone at Pearl.
Figure 1: Plan map of Gold Rock Target Area - highlighting new drill results
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Trey Wasser, CEO of Dryden Gold, stated, "Gap Hole 2 significantly expands Gold Rock by intersecting 15 gold mineralized structures over 600 meters. It shows that the high-grade structures discovered in last year's drilling extend along strike for 500 meters. It proves that Big Master continues to depths of over 450 meters below surface, 200 meters deeper that previous drilling. This nearly doubles the potential of Big Master where it remains open at depth. Intercepting the stacked mineralized structures also substantially increases the number of targets at Gold Rock. Drilling this spring will remain focused on Gold Rock as we proceed with additional permitting at Mud Lake, Hyndman and Sherridon".
Figure 2: Big Master Two (BM2) Mineralized Structure Contoured Long-Section - Treasure and Spyglass
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To begin the 2026 drill campaign, Gap Hole 2 was drilled across the Gold Rock to test the strike continuity of the multiple parallel structures intersected last year in Hole DGR-25-018 ("Gap Hole 1") 500 meters to the south. Drilling also tested additional targets at Big Master with the goal of expanding the high-grade mineralization along strike from Spyglass to Treasure and also expanding Barrelman. The two Gap Holes give geological confidence to the interpretation of multiple parallel gold mineralized structures that are showing good continuity along strike and across Gold Rock. These holes have shown favourable geological features between Elora and Big Master further expanding the potential drill targets at Gold Rock. The geologic cross sections for both Gap Holes show all the mineralized structures which span over 600 meters width and 500 meters strike length (Figure 3).
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Figure 3: Cross Sections for Gap Holes DGR-031 and DGR-25-018
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Table 1: Drill results from the Big Master Gold System
| Mineralized Structure | Target | Drillhole | From | To | Length (m)* | Grade (g/t Au) | Notes | |
| BM2 | Treasure | DGR-036 | 35.00 | 42.50 | 7.50 | 5.03 | ||
| including | 42.00 | 42.50 | 0.58 | 43.60 | ||||
| BM2 | Treasure | DGR-037 | 50.50 | 52.70 | 2.20 | 5.73 | ||
| including | 51.90 | 52.20 | 0.30 | 32.90 | ||||
| BM1 | Barrelman | DGR-038 | 15.10 | 17.00 | 1.90 | 1.23 | ||
| BM1 HW | Barrelman | DGR-038 | 88.70 | 89.40 | 0.70 | 0.60 | ||
| BM1 | Barrelman | DGR-039 | 40.00 | 45.50 | 5.50 | 2.14 | ||
| BM1 | Barrelman | DGR-039 | including | 44.50 | 45.00 | 0.50 | 18.00 | |
| BM2 | Treasure | DGR-040 | 38.00 | 39.00 | 1.00 | 0.21 | ||
| HW BM2 | Treasure | DGR-041 | 26.00 | 30.00 | 4.00 | 0.38 | ||
| BM2 | Treasure | DGR-041 | 46.00 | 53.50 | 7.50 | 0.33 | ||
| including | 46.00 | 47.50 | 1.50 | 1.35 | ||||
| FW BM2 | Treasure | DGR-041 | 81.00 | 82.50 | 1.50 | 0.34 | ||
| Gap Hole 2 - DGR-031 | ||||||||
| FW 2 | Pearl | DGR-031 | 22.45 | 23.00 | 0.55 | 18.60 | Previously Reported | |
| FW 1 | Pearl | DGR-031 | 39.20 | 39.70 | 0.50 | 77.90 | Previously Reported | |
| Elora Shear | Pearl | DGR-031 | 116.10 | 117.80 | 1.70 | 3.37 | Previously Reported | |
| including | 117.30 | 117.80 | 0.50 | 10.70 | Previously Reported | |||
| HW | Pearl | DGR-031 | 239.90 | 240.40 | 0.50 | 1.29 | Previously Reported | |
| New Gap Area | New | DGR-031 | 422.00 | 429.00 | 7.00 | 0.49 | ||
| including | 426.30 | 427.40 | 1.10 | 2.51 | ||||
| New Gap Area | New | DGR-031 | 515.00 | 515.50 | 0.50 | 0.64 | ||
| BM1 | Barrelman | DGR-031 | 690.00 | 693.50 | 3.50 | 0.47 | ||
| BM2 | Treasure | DGR-031 | 800.00 | 802.50 | 2.50 | 2.64 | ||
| including | 801.50 | 802.00 | 0.50 | 10.80 | ||||
| BM2 FW | Treasure | DGR-031 | 859.00 | 860.60 | 1.60 | 0.17 | ||
Marketing Update
Investors can also find Management at the Prospectors & Developers Association of Canada that is taking place in Toronto March 1st to 4th, 2026 at the Metro Toronto Convention Centre. We will be available at the Investor Exchange in Booth #2423A (March 1-2) and at the Core Shack in Booth #3106B (March 3-4). Both booths can be found on Level 800 in the South Building. We look forward to meeting shareholders and new investors.
For more conference updates and to check out where our management team will be next, please visit our Events page at the following link: https://drydengold.com/investors/events/.
Qualified Person
The technical disclosure in this news release has been reviewed and approved by Maura J. Kolb, M.Sc., P. Geo., President of Dryden Gold and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
Analytical Laboratory and QA/QC 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 mineralization are unknown; result intervals are reported as the drilled core lengths unless otherwise stated. All sampling completed by Dryden Gold Corp. within its exploration programs are subject to the Company's 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, 2025, and 2026 programs were sent to Activation Laboratories, with sample preparation and analysis at the Company's facilities in Dryden. Samples 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 meet assay requirements outlined for NI 43-101.
ABOUT DRYDEN GOLD CORP.
Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold mineralization and is listed on the TSX Venture Exchange: ("DRY"), on the OTCQX marketplace: ("DRYGF") and on the FSE: ("X7W "). The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100% 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 50km 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 workforce.
CONTACT INFORMATION
| Trey Wasser, CEO Email: [email protected] Phone: 940-368-8337 | Ashley Robinson, Dir of Corporate Communications Email: [email protected] | Phone: 604-764-7493 | Maura Kolb, M.Sc. P. Geo., President Email: [email protected] Social: Linktree Website: www.drydengold.com |
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: receipt of corporate and regulatory approvals, issuance of common shares; future development plans; and the business and operations of Dryden Gold. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings including receipt of TSX Venture Exchange approval for the offering; risks related to environmental regulation and liability; the potential for delays in exploration or development activities; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in Dryden Gold's and the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward--looking statements. These forward-looking statements are made as of the date hereof and Dryden Gold and the Company do not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Dryden Gold's and the Company's expectations or projections.
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