Dryden Gold Corp · TSXV:DRY
Dryden Gold — Investor Presentation (January 2024)
20 slides from Dryden Gold's investor presentation, January 2024
Slide 1: Advancing High-Grade Discoveries in Northwestern Ontario
Advancing High-Grade Discoveries in Northwestern Ontario January 2024 TSXV - DRY
Slide 2: Acknowledgements & Forward-Looking Statements
Acknowledgements & Forward-Looking Statements Dryden Gold Corp acknowledges all Indigenous Peoples and that it is operating on the traditional homelands of the Wabigoon Lake Ojibway Nation and Eagle Lake First Nation. Certain statements contained herein constitute “forward-looking statements” within
Slide 3: About Dryden Gold Corp
About Dryden Gold Corp EXPERIENCED LEADERSHIP TEAM Experienced Management & Board of Directors Strong track record of building shareholder value & navigating M&A Extensive experience & discoveries in Northwest Ontario STRATEGIC LAND POSITION Dominant strategic land position in the under-expl
Slide 4: Management
Management C.F. (Trey) Wasser - CEO & Director Jason Jessup - Director Served as President & CEO of Ely Gold Royalties Inc., 2010 -2021. Transformed Ely Gold Total of 24 years of experience in the mining industry. from an $6M exploration/development company to $300M royalty company – sold to Co-foun
Slide 5: Dryden Gold – Corporate Overview (January 2024)
Dryden Gold – Corporate Overview (January 2024) Share Capital Total Major Shareholders Current issued and outstanding 87,845,041(1) Management & Insiders (2) 17.37% Alamos Gold (NYSE-AGI) 10.25% Warrants outstanding 42,024,395 (38,549,395-Exp 12/27/2025 @ $.30) EuroPac Gold Fund 8.31% Delbrook Capit
Slide 6: Northwestern Ontario – Prolific Gold Region
Northwestern Ontario – Prolific Gold Region Springpole (First Mining) 4.9Moz Au Red Lake & Bateman (Evolution Mining) 12.4Moz Au Red Lake Great Bear (Kinross) Over 30+ Moz Au of historic production Hasaga, Rowan Lake & West Red Lake 5.4Moz Au 5.0Moz Au from the Birch-Uchi Greenstone Belts Under-expl
Slide 7: Dominant Strategic Land Position
Dominant Strategic Land Position Over 480 Km2 (48,000 hectares) consolidated by Dryden Gold 50km covering regional gold bearing MDdz structure (Manitou-Dinorwic deformation zone) Kinross, Treasury Metals, Ashley Gold and Dynasty Gold active in the Dryden District Treasury Metals has defined a 3MM ou
Slide 8: Dryden District – Potential for High-Grade Gold Discovery
Dryden District – Potential for High-Grade Gold Discovery High-grade intercepts across the Dryden area Gold Rock Camp Drill Intercept Highlights: Kenwest Patents– 3,497.0 g/t Au over 8.5m Kenwest Patents – 15.4 g/t Au over 6.1m 502 Vein – 12.7 g/t over 4.0m Canamerica – 12.6 g/t Au over 4.0m Lower M
Slide 9: Gold Rock Camp – Gold Rich History
Gold Rock Camp – Gold Rich History N Big Master Mine Laurentian Mine Laurentian Elora/Jubilee Big Master Paymaster Mining at the turn of the century (1900’s) Selby Shallow historic mining ~140m depth Paymaster Mine ~75% of the historic mining in the district was from the Gold Rock camp Historic mini
Slide 10: Gold Rock Camp – High-Grade with Mineralized Halo
Gold Rock Camp – High-Grade with Mineralized Halo High-Grade Gold - Big Master 2 BM2 3,497 g/t Au over 8.45m Including: 53,700 g/t Au over 0.55m Halo mineralization: 1.7 g/t Au over 7.9m
Slide 11: Gold Rock Camp – Drill Highlights
Gold Rock Camp – Drill Highlights Hole # Depth (m.) From (m) To (m) Width (m) Au (g/t) Zone G*M KW-10-13 216 135.8 141.9 6.1 15.4 BM #1 93.94 KW-11-25 375 297.4 301.5 4.1 6.2 BM#1 25.42 KW-11-26 267 55.25 63.7 8.45 3,497 BM #2 29549.65 and 219 221.7 2.7 12 BM#1 32.4 KW-11-30 303 128 137.05 9.1 2.06
Slide 12: Geological Setting – Red Lake Comparison
Geological Setting – Red Lake Comparison Red Lake Mine Geology Gold Rock Area Geology Similarities ~25Moz of production Exploration potential Similar geology setting with similar rock types and regional folding N N SXC Fault - Main Structure Structural geometry - shear corridor with secondary splay
Slide 13: Geological Setting – No Exploration at Depth
Geological Setting – No Exploration at Depth Opportunities in Dryden District Archean Lode Gold Mine Camps Central Canada High grade known to occur in Dryden area Rice Red Dryden Gold Kirkland Timmins Lake Lake Gold Rock Lake Limited mining and exploration at depth Open Open at depth 1km Minimal geo
Slide 14: Gold Rock Camp - Brownfield Opportunity
Gold Rock Camp - Brownfield Opportunity Focusing on 20km strike on the northeast trending gold bearing Manitou Dinorwic MDdz deformation zone (MDdz) Several gold bearing East-West Splay structures intersecting the MDdz structure East-West structures occur around historic gold mines and known gold oc
Slide 15: Gold Rock Camp – Geophysical Interpretation & Targets
Gold Rock Camp – Geophysical Interpretation & Targets Geophysics The geophysical interpretation highlighted many anomalies over known mineralization and over unexplored areas 3D geological model shows multiple East-West splay structures occurring around historic gold mines & occurrences in the Gold
Slide 16: Gold Rock Camp - Bulk Sample Highlights
Gold Rock Camp - Bulk Sample Highlights Excellent Bulk Sample Results & Metallurgy Single gravity separation recovered 88.6% Bulk cyanidation test recovered 99.4% for the composite A total of 17 chip samples, over 13.6 linear meters yielded a length weighted average grade of 40.2 g/t gold Individual
Slide 17: Gold Rock Camp – Drill Program
Gold Rock Camp – Drill Program Known vein target D1 New target MDdz D2 Structures Historic mine Known Strike Length 1.5km Planned drill holes Completed drill holes Known Strike Historical drill focus area Length 1.5km D2 D1 500m Camp Strike Length 20km 1 km Step- out target 3km Gold Rock Camp
Slide 18: Gold Rock Camp – Drill Program Update
Gold Rock Camp – Drill Program Update Plan Map – Drill Area Conceptual Long Section – Looking Northwest at BM 2 Vein Known vein target A BM 2 Vein A’ Extension target Structures D2 Highly magnetic Mafic volcanics Jan 2024 planned holes ~100m Below 2023 drill holes surface D2 KW-11-026 Historical dri
Slide 19: Dryden Gold Corp – Investment Thesis
Dryden Gold Corp – Investment Thesis Geology & Property Large strategic land package with property wide high -grade gold occurrences Excellent infrastructure in a favourable mining jurisdiction and First Nations relationships Geological setting with similarities to Red Lake, Great Bear and the Timmi
Slide 20: Contact: TSXV - DRY
Contact: Trey Wasser - CEO & Director 940-368-8337 twasser@drydengold.com Maura Kolb – President & QP 807-632-2368 mjkolb@drydengold.com TSXV - DRY