Dryden Gold Sets the Stage for 2026 Exploration Campaign
TMX Newsfile·2025-12-17 11:00

Core Insights - Dryden Gold Corp. has reported a successful year in 2025, achieving its exploration goals and preparing for an ambitious 2026 program [1][3] 2025 Exploration Highlights - The company established a strategic partnership with Centerra Gold and set up its own core facility, enhancing its geological team with expert advisors [3] - Dryden Gold made its final property payment to Alamos Gold for full ownership of the Upper and Lower Manitou portions [3] - The company received three exploration permits, allowing further testing on the Elora Gold System and initial testing on priority targets Sherridon and Hyndman [3] Drilling and Discoveries - The 2025 drill program tripled the mineralized footprint at the Gold Rock target area, with significant gold intersections including 301.67 g/t over 3.90 meters and 1,930 g/t over 0.60 meters [4] - A two-kilometer step-out drill program at the Mud Lake target area was completed, involving mapping and surface sampling [5] - High-grade surface channel samples from Hyndman included 23.32 g/t gold over 2.80 meters, leading to a positive drill decision for 2026 [6] Financial and Operational Developments - The company completed a $7.8 million equity financing, funding an initial $6 million for the 2026 exploration campaign [12] - The stock price increased over 200% within a 52-week range of $0.105 to $0.39 [12] - Dryden Gold maintained low all-in drilling costs at C$250 per meter and received the Ontario Junior Exploration Grant [12] Future Plans - The company aims to continue expanding the Gold Rock target area and test for periodicity in mineralization at the Mud Lake target [12] - Initial drilling at Hyndman and follow-up drilling at Sherridon are planned as part of the 2026 exploration program [12] - Dryden Gold will participate in upcoming investor forums to enhance its marketing efforts [7]