Dryden Gold Corp.is pleased to report results from hole DGR-25-018. This hole is the Company’s most significant test of the Gold Rock Target Area. The hole was designed to test all the stacked mineralised gold structures across the 430-metre area between the Big Master and the Elora Gold Systems.
Trey Wasser, CEO of Dryden Gold Corp, stated, “We are very pleased with these exciting results from the Gap Hole. This hole confirms 9 gold mineralised structures and begins to show our shareholders a much fuller picture of what Dryden Gold is building in the Gold Rock Target Area. Having already drilled a kilometre of strike length on the Elora Gold System, the Gap Hole has now revealed a wider and much more robust gold mineralised system with open pit potential.”
Elora Gold System
The Company has been able to define multiple zones along the hanging wall of the Elora Gold System. The Gap Hole intersected three individual mineralised structures in the hanging wall at Jubilee. The geology team has been consulting with expert structural geologists to better model and predict the high-grade mineralisation which appears to have three distinct geometries. The first type is shear-parallel mineralised structures that appear to be continuous on strike, the second style appears to be related to folding and the third style seems to be en-echelon structures.
The best intercept, 55.34 g/t gold over 3.50 metres including 379.00 g/t gold over 0.50 metres from the Gap Hole, correlates to recent results from holes DGR-25-012 and DGR-24-013 which the team interprets as a shear parallel type of mineralisation. An intercept of 5.08 g/t gold over 3.00 metres on the Gap Hole also appears to be hosted by shear parallel mineralised structure. This type of mineralisation is presumed to be continuous on strike and is being targeted further to the northeast from Pearl to Laurentian. The Company’s recent digitisation of historical mine workings indicates that the Laurentian Mine production was primarily in one of these hanging wall mineralised structures. Structural work will continue to identify the higher-grade portions of these shear-parallel mineralised structures and how to efficiently target them.
The first significant hanging wall intercept of 301.67 g/t gold over 3.90 metres including 1,930 g/t gold over 0.60 metres (May 7, 2025) is interpreted to be part of a fold-type high-grade mineralisation. The two hanging-wall mineralised structures closest to the Jubilee Zone show evidence of folding and en-echelon type geometries which explains the discontinuous mineralisation. Gold Rock is located on the limb of a fold, the Manitou Anticline. With this positioning it is anticipated that with further refinement of the geological model isoclinal folding and possible sheath folding could be revealed. The team continues to work on modeling the lithological folding along the Manitou Anticline as it is clearly one of the factors controlling high-grade gold mineralisation.
Big Master Gold System
The hole tested the southern extension of Big Master 130 metres southeast of the historical Big Master Mine. The first target was following up on a wide low-grade intercept of 0.74 g/t gold over 10.50 metres in hole KW-24-013 (April 24, 2024) and the Gap Hole successfully intercepted 0.93 g/t gold over 9.00 metres extending the mineralisation further to the southwest along strike of Big Master. The new area of mineralisation grading 0.19 g/t gold over 4.00 metres demonstrates potential for additional parallel structures in areas with limited to no drilling. The potential exists for additional stacked mineralised structures east of Spyglass, for another 150 metres, to the historic Paymaster Mine.
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