Dryden Gold Sets the Stage for 2026 Exploration Campaign

Wednesday at 7:00am AST · December 17, 2025 9 min read

Vancouver, British Columbia–(Newsfile Corp. – December 17, 2025) – Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W) (“Dryden Gold” or the “Company“) is pleased to review its successful 2025 exploration results and share the Company’s goals for our 2026 program. Dryden Gold has had a very successful year meeting its 2025 exploration goals.

2025 Exploration Highlights:

  • Successfully accomplished all four exploration objectives while drilling 15,000 meters.
    • Significant growth at flagship Gold Rock target area.
    • Successful test of periodicity at the deposit scale at Mud Lake.
    • Advanced the Hyndman discovery leading to a positive drill decision.
    • New discovery of broad gold mineralization at Sherridon.
  • Concluded property-wide soil-till sampling & LIDAR programs to promote additional regional exploration targets.
  • Built out & expanded office and core handling facilities in Dryden, Ontario.
  • Increased its in-house exploration team to 10 full time staff.
  • Maintained its industry low all-in drilling costs at C$250/meter.
  • Received the Ontario Junior Exploration Grant.

In the Capital Markets:

  • Completed a $7.8MM equity financing funding an initial $6MM in 2026 exploration, including a “top-off” investment from Centerra Gold.
  • 2025 warrant exercises added an additional $4,565,473 to the treasury.
  • Stock price increase of over 200% – 52-week range $0.105 to $0.39.

Trey Wasser, CEO of Dryden Gold, commented, “It has been a truly transformative year for Dryden Gold. I want to thank the entire team as well as our loyal and supportive shareholders for driving Dryden Gold’s success.

Goals for 2026 Exploration Campaign

  • Continue to grow the Gold Rock target area testing strike length and hanging wall structures from Elora to Big Master.
  • Test for periodicity or repetition on strike in the Gold Rock Camp with follow up drilling at the Mud Lake target area and a new anomaly to the south.
  • Drill-test the Hyndman regional discovery.
  • Follow-up drilling at the Sherridon regional target and to continue the development of the deposit model.
  • Interpret the property-wide soil-till program to identify new regional targets to add to the exploration pipeline.

Recap of 2025
The year started out strong with a new strategic partner in Centerra Gold. The Company set up its own core facility and developed a strong geology team with additional expert advisors. In March, Dryden Gold made its final property payment to Alamos Gold for 100% of the Upper and Lower Manitou portions of the property. The Company received three exploration permits in 2025. The first exploration permit was to allow for further testing to the north on strike on the Elora Gold System part of Gold Rock. The other two permits were designed to allow first pass testing programs on the Companies two top priority regional targets Sherridon and Hyndman.

The 2025 drill program successfully tripled the mineralized footprint at the Gold Rock target area. In May the Company intersected spectacular visible gold on a new hanging wall discovery of 301.67 g/t gold over 3.90 meters, including 1,930 g/t gold over 0.60 meters. Dryden Gold intersected another hanging wall zone while drilling the gap hole which graded 55.34 g/t gold over 3.50 meters, including 379.00 g/t gold over 0.50 meters. The gap hole drilled across the untested area between the Big Master Gold System and the Elora Gold System intersecting several parallel gold-bearing structures and showing more potential for the Gold Rock Target area.

To further test the periodicity of high-grade mineralization at the deposit scale, the Company completed a two-kilometer step-out northeast of Gold Rock at the Mud Lake target area. This program involved mapping and surface sampling at North Mud Lake and four initial drill holes on the southern end of the Mud Lake target.

With the completion of the August equity financing and the warrant exercises, we are fully funded for an ambitious 2026 exploration campaign.

The Company has a two-pronged approach to exploration focusing on growth at its flagship Gold Rock target area as well as making new regional discoveries. The company completed a property-wide soil-till sampling program coupled with a lidar survey to aid in the detection of new exploration targets. During 2025, Dryden Gold focused on two top priority regional exploration targets Hyndman and Sherridon. Summer field work on Hyndman returned high-grade surface channel samples including 23.32 g/t gold over 2.80 meters which resulted in a positive drill decision for Hyndman. The initial drill program at Hyndman will be part of the 2026 Exploration Program. The team tested new structural interpretation at Sherridon with an initial three-hole drill program that showed board zones of gold mineralization. In addition, the Company was able to purchase one of the royalties on the property.

Marketing in 2026
Dryden Gold will be kicking off its 2026 marketing calendar by exhibiting at the Metals Investor Forum (“MIF“) in Vancouver on January 23-24, 2026, and will be presenting on newsletter writer, Chen Lin‘s panel. To register for free, please click here.

The technical team will be participating at the core shack in booth #1024 at AME Round Up in Vancouver at the Vancouver Convention Centre East on January 28th-29th.

Please visit our website to stay up to date on all our upcoming conferences.

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 the 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 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. Drill samples from the 2024 and 2025 program were sent to Activation Laboratories in Dryden Ontario, 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 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 meets 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 listed on the TSX Venture Exchange (“DRY”) and on the OTCQB marketplace (“DRYGF”). 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.

For more information, go to our website www.drydengold.com.

CONTACT INFORMATION

Trey Wasser, CEO
Email: twasser@drydengold.com
Phone: 940-368-8337

Ashley Robinson, Director of Corporate Communications
Email: ir@drydengold.com
X: @DrydenGold

Maura Kolb, M.Sc.. P. Geo., President
Email: mjkolb@drydengold.com
Phone: 807-632-2368

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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: the acquisition of the Property, receipt of corporate and regulatory approvals, issuance of common shares; future development plans; future acquisitions; exploration programs; 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; risks related to the outcome of legal proceedings; 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 acquisition of the Property; 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278237

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