Fieldwork Extends Gold Rock Camp Mineralized Trend with Surface Rock Samples grading up to 24.20 g/t gold
Dryden Gold Corp. (DRYGF) has announced significant results from its 2024 summer sampling campaign at the Gold Rock Camp, confirming a mineralized trend extension two kilometers northeast. The program yielded impressive surface samples, with six samples exceeding 5 g/t gold, including notable grades of 24.20 g/t, 9.54 g/t, and 9.13 g/t gold.
The Mud Lake target area, located two kilometers northeast of the Gold Rock Camp's Laurentian Mine, revealed three distinct mineralized structures. The eastern structure yielded 24.20 g/t gold, the central structure 6.26 g/t gold, and the western structure 4.69 g/t gold. Of the 140 samples collected, seven returned strongly anomalous values and 14 showed moderately anomalous results.
The company has submitted an Exploration Drill Permit for the northern extension of Elora and the Mud Lake Area, with plans to continue exploration based on successful geophysical studies conducted with Mira Geoscience.
Dryden Gold Corp. (DRYGF) ha annunciato risultati significativi dalla sua campagna di campionamento estiva del 2024 al Gold Rock Camp, confermando un'estensione di tendenza mineralizzata di due chilometri a nord-est. Il programma ha fornito campioni superficiali impressionanti, con sei campioni che superano i 5 g/t di oro, inclusi gradi notevoli di 24,20 g/t, 9,54 g/t e 9,13 g/t di oro.
La zona di Mud Lake, situata a due chilometri a nord-est della Miniera Laurentiana del Gold Rock Camp, ha rivelato tre distinte strutture mineralizzate. La struttura orientale ha restituito 24,20 g/t di oro, la struttura centrale 6,26 g/t di oro e la struttura occidentale 4,69 g/t di oro. Dei 140 campioni raccolti, sette hanno restituito valori fortemente anomali e 14 hanno mostrato risultati moderatamente anomali.
L'azienda ha presentato una Richiesta di Permesso per Sondaggi di Esplorazione per l'estensione settentrionale di Elora e della zona di Mud Lake, con piani per continuare l'esplorazione basata su studi geofisici di successo condotti con Mira Geoscience.
Dryden Gold Corp. (DRYGF) ha anunciado resultados significativos de su campaña de muestreo de verano 2024 en el Gold Rock Camp, confirmando una extensión de tendencia mineralizada de dos kilómetros al noreste. El programa produjo muestras superficiales impresionantes, con seis muestras que superan los 5 g/t de oro, incluyendo grados notables de 24.20 g/t, 9.54 g/t y 9.13 g/t de oro.
El área objetivo de Mud Lake, ubicada a dos kilómetros al noreste de la Mina Laurentiana del Gold Rock Camp, reveló tres estructuras mineralizadas distintas. La estructura oriental arrojó 24.20 g/t de oro, la estructura central 6.26 g/t de oro y la estructura occidental 4.69 g/t de oro. De las 140 muestras recolectadas, siete devolvieron valores fuertemente anómalos y 14 mostraron resultados moderadamente anómalos.
La compañía ha presentado un Permiso de Perforación de Exploración para la extensión norte de Elora y el Área de Mud Lake, con planes de continuar la exploración basada en estudios geofísicos exitosos realizados con Mira Geoscience.
드라이든 골드 코프(DRYGF)가 2024 여름 샘플링 캠페인에서 중요한 결과를 발표했으며, 골드 록 캠프에서 북동쪽으로 2킬로미터 떨어진 곳에서 광물화된 경향의 확장을 확인했습니다. 이 프로그램은 5 g/t 금을 초과하는 6개의 샘플로 인상적인 표면 샘플을 제공했으며, 특히 24.20 g/t, 9.54 g/t 및 9.13 g/t 금과 같은 주목할 만한 등급이 포함되었습니다.
골드 록 캠프의 로렌티안 광산에서 북동쪽으로 2킬로미터 떨어진 머드 레이크 목표 지역에서는 세 개의 명확한 광물화 구조가 드러났습니다. 동쪽 구조에서는 24.20 g/t 금이 나왔고, 중앙 구조에서는 6.26 g/t 금, 서쪽 구조에서는 4.69 g/t 금이 나왔습니다. 수집된 140개의 샘플 중 7개는 강한 비정상 값을 나타냈고 14개는 중간 정도의 비정상 결과를 보였습니다.
회사는 엘로라의 북부 연장선과 머드 레이크 지역에 대한 탐사 드릴 허가를 제출했으며, 미라 지오사이언스와 함께 수행된 성공적인 지구 물리학적 연구를 기반으로 탐사를 계속할 계획입니다.
Dryden Gold Corp. (DRYGF) a annoncé des résultats significatifs de sa campagne d'échantillonnage d'été 2024 au Gold Rock Camp, confirmant une extension de tendance minéralisée de deux kilomètres au nord-est. Le programme a produit des échantillons de surface impressionnants, avec six échantillons dépassant 5 g/t d'or, y compris des grades notables de 24,20 g/t, 9,54 g/t et 9,13 g/t d'or.
La zone cible de Mud Lake, située à deux kilomètres au nord-est de la mine Laurentienne du Gold Rock Camp, a révélé trois structures minéralisées distinctes. La structure orientale a donné 24,20 g/t d'or, la structure centrale 6,26 g/t d'or et la structure occidentale 4,69 g/t d'or. Parmi les 140 échantillons recueillis, sept ont affiché des valeurs fortement anomales et 14 ont montré des résultats modérément anomaux.
La société a soumis une demande de permis de forage d'exploration pour l'extension nord d'Elora et la zone de Mud Lake, avec des projets de poursuivre l'exploration sur la base d'études géophysiques réussies menées avec Mira Geoscience.
Dryden Gold Corp. (DRYGF) hat bedeutende Ergebnisse aus ihrer Sommerprobenkampagne 2024 im Gold Rock Camp bekannt gegeben, die eine Verlängerung des mineralisierten Trends zwei Kilometer nordöstlich bestätigt. Das Programm lieferte beeindruckende Oberflächenproben, wobei sechs Proben über 5 g/t Gold lagen, darunter bemerkenswerte Gehalte von 24,20 g/t, 9,54 g/t und 9,13 g/t Gold.
Der Zielbereich Mud Lake, der zwei Kilometer nordöstlich der Laurentian Mine im Gold Rock Camp liegt, offenbarte drei unterschiedliche mineralisierte Strukturen. Die östliche Struktur ergab 24,20 g/t Gold, die zentrale Struktur 6,26 g/t Gold und die westliche Struktur 4,69 g/t Gold. Von den 140 gesammelten Proben wiesen sieben stark anomale Werte auf und 14 zeigten mäßig anomale Ergebnisse.
Das Unternehmen hat einen Explorationsbohrgenehmigungsantrag für die nördliche Erweiterung von Elora und den Mud Lake Bereich eingereicht, mit Plänen, die Exploration auf der Grundlage erfolgreicher geophysikalischer Studien, die mit Mira Geoscience durchgeführt wurden, fortzusetzen.
- High-grade gold samples discovered with values up to 24.20 g/t gold
- Confirmation of mineralized trend extension by 2 kilometers
- Three distinct mineralized structures identified at Mud Lake
- Successful validation of geophysical anomalies through sampling results
- 124 out of 140 samples returned values under 1 g/t gold
- Drill permits still pending approval
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce the results from the 2024 summer sampling and mapping campaign at the Gold Rock Camp. As part of its 2024 district-wide field program, the Company completed a detailed mapping and sampling campaign targeting the extension of the Gold Rock Camp structural trend to the northeast. Dryden Gold has completed a 3-D geophysical inversion, completed by Mira Geosciences, and employed outside consultants to identify the structural anomalies tested at Mud Lake.
Highlights:
Sampling program confirms mineralized trend extension two kilometers to the northeast from Dryden Gold's previous work programs (Figure 1, Figure 2).
Sampling program returned six samples over 5 g/t gold including 24.2 g/t gold, 9.54 g/t gold and 9.13 g/t gold (Table1).
Dryden Gold has submitted an Exploration Drill Permit for the northern extension of Elora and the Mud Lake Area.
"The extension of mineralization northeast from Elora and Big Master presents an excellent exploration opportunity for Dryden Gold. We are pleased to have six surface samples grading over 5 g/t gold on the northern extension at the Mud Lake Target. These excellent grades from our surface rock sampling program are foundational for planning additional fieldwork and future drill targets at Mud Lake" stated Maura J. Kolb, President of Dryden Gold. "We have now tested the geophysical anomalies identified in our Mira Geoscience study at Mud Lake, with additional untested anomalies on trend to the northeast. With the success we have seen using these geophysical anomalies at Hyndman and now on Mud Lake, we are excited to plan more field work exploring our other under-explored anomalies this year like the target further to the northeast on the Gold Rock Trend in Figure 2."
The Mud Lake target area is located two kilometers northeast of the Gold Rock Camp's Laurentian Mine (Figure 2). Sampling results confirm three distinct mineralized structures in the area, with the eastern structure yielding 24.20 g/t gold, the central structure 6.26 g/t gold, and the western structure 4.69 g/t gold. The strike length of the eastern structure is approximately one kilometer and remains open Dryden Gold was able to confirm historical gold showings and expand upon these with this campaign. Mineralization associated with the samples from Mud Lake is very similar to the styles observed by the Dryden Gold geology team at Gold Rock. Gold mineralization in quartz veins and gold mineralization associated with pyrite is very common for both areas. Detailed maps are being integrated with the newly acquired LiDAR data from the 2024 survey. A more detailed geological update will follow when the final interpretation is completed on the Gold Rock Area.
Figure 1: Gold Rock and Mud Lake Mineralized structures and new 2024 surface sample results over 1 g/t Au.
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Figure 2: Geophysical Anomalies on Gold Rock Trend
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The mapping and sampling program at Mud Lake was based on structural trends and the 3D magnetic susceptibility inversion and subsequent models generated by Mira Geoscience. The Mira study used the existing high resolution airborne magnetic survey then reprocessed the data to produce a 3D geological model of the Gold Rock Camp regional geology and 3D constrained magnetic susceptibility inversion. The Mira model identified several high priority exploration targets including known mineralization at historical mines and where historical drilling had been completed. The Mud Lake Area had historical gold showings, favourable geological features and geophysical anomalies making it a high priority for the 2024 campaign. During the 2024 field campaign, a total of 140 samples were collected in the Mud Lake area with seven surface samples returning strongly anomalous values (over the 95th percentile, 4.40 g/t gold), and 14 samples returning moderately anomalous (over the 90th percentile, 1.40 g/t gold). A total of 124 samples returned values under 1 g/t gold.
Table 1: Significant Gold Results (over 5 g/t) from Mud Lake Area - Gold Rock Camp
| Sample ID | UTM Easting | UTM Northing | Au (g/t) | Description |
| 483734 | 523,653 | 5,478,830 | 24.20 | Strongly mineralized wall-rock; strong sericite, chlorite, calcite; pyrrhotite ~ |
| 483741 | 523,704 | 5,479,015 | 9.54 | Sample of vein from trench; sugary vein, minor chlorite seams, no mineralization observed but slightly rusty |
| 483750 | 523,150 | 5,478,281 | 9.13 | Sample from ~5 cm wide, extreme mineralization halo on vein; intense sericite, strong ankerite alteration; pyrite |
| 483739 | 523,671 | 5,478,966 | 6.79 | Sample of sugary quartz vein; minor black quartz grains and chlorite seams; otherwise unmineralized |
| 483733 | 523,653 | 5,478,830 | 6.38 | Sample from spoil pile. The "Little Master North Shaft" type quartz vein; here ~10 cm wide, unusually sugary texture, with ~ |
| 483718 | 523,355 | 5,478,762 | 6.26 | Sample of massive basalt, altered wall-rock; intense ankerite and sericite, ~ |
Exploration Recommendations
The Company has submitted a drill permit for the Mud Lake Extension areas to continue to explore the northern extension of the Gold Rock Camp (Elora and Big Master). The fieldwork results confirm locations and styles of mineralization in the area, further strengthening the understanding of the target. This is the second area with significant surface sample results based on the geophysical studies completed by Dryden Gold and Mire Geoscience. Dryden Gold's geology team is working on preparing data for further geophysical studies to refine exploration targeting on the property. As the remaining 2024 results are returned and the final interpretations are completed the geology team will finalize the 2025 summer field campaign.
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
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. Field samples from the 2024 program were sent to Activation Laboratories, 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. 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
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, Investor Relations 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.
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FAQ
What were the highest gold grades found in Dryden Gold's (DRYGF) 2024 sampling program?
How far does the new mineralized trend extension reach for DRYGF's Gold Rock Camp?
What are the gold grades across the three structures at DRYGF's Mud Lake target?
How many samples were collected in DRYGF's 2024 Mud Lake campaign and what were the results?
