Gold Rock Camp: Dryden Gold Drill Results Show 3.17 g/t Gold over 4.00 Meters with 19.34 g/t Gold over 0.65 Meters

Vancouver, British Columbia–(Newsfile Corp. – April 24, 2024) – Dryden Gold Corp. (TSXV: DRY) (OTC Pink: DRYGF) (“Dryden Gold” or the “Company”) is pleased to report assay results from its Phase 4 drill program which successfully expanded the newly interpreted high-grade shoot that was discovered in the Phase 2 drilling program to depth. Hole KW-24-009 intersected four zones of mineralization in the Big Master gold system where it is interpreted that the mineralized zones area converging together. The main target for this hole was Big Master 2 which returned 3.17 g/t gold over 4.00 meters including 19.34 g/t gold over 0.65 meters. Hole KW-24-009 also intersected a newly defined footwall zone that returned 1.38 g/t gold over 6.65 meters including 10.50 g/t gold over 0.80 meters. In addition, this drill hole intersected mineralization in a previously defined hanging wall zone and in the Big Master 1 vein structure at depth.

For a summary of today’s drill results, please click the following link, here.

“A key objective we have at Dryden Gold is to find and expand additional high-grade shoots within our growing footprint in the Gold Rock Camp. Our drill program has been designed to take bold step-outs, not simply drill near known high-grade mineralization. In today’s results, our geology Team has successfully predicted, defined, and expanded the high-grade gold shoot within the Big Master 2 system at 195m true depth and has established the down plunge potential of this system with the deepest hole drilled by Dryden Gold to date. This hole was a 100-meter step out from hole KW-23-010 that first discovered this new high-grade shoot in Phase 2. With the plunge of this high-grade shoot verified the Team sees potential to follow this system towards surface with shorter more cost-effective drill holes,” stated Trey Wasser, Dryden Gold’s CEO.

Table 1: Highlights from Phase 4 Drill Program

Results released today complete the initial four phase drill program that Dryden Gold begin in November 2023, all results and more technical details can be found on our website, linked here.

Figure 1 – Map of Dryden Gold Phase 1-4 Drill Program

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Testing the New High-grade Shoot

The Company drilled two holes to test for potential depth extension and to determine the direction of the plunge of the new high-grade shoot on BM2 which was theorized and successfully targeted in Phase 2 of the drill program with hole KW-23-010 (link to news release). Hole KW-24-009 was a step-out to the south and was drilled 100 meters down plunge of Phase 2 drilling. This hole intersected 3.17 g/t gold over 4.0 meters including 19.34 g/t gold over 0.65 meters. These high-grade shoots typically have robust down plunge continuity. Figure 2 displays an updated contoured long section of BM2 and specifically highlights hole KW-23-009 as it is one of the deepest holes on the Big Master System. Through additional interpretation the geology team believes there is strong potential for this new high-grade shoot to come to surface and will test this in future drill phases.

Figure 2 – Contoured long section of BM2 showing historical, previously reported Dryden Gold holes (grey labels) and new drill pierce points (black labels).

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Testing the Big Master Gold System

Drill hole KW-24-009 was also designed to test the hanging wall and footwall zones of the Big Master gold system and was drilled to extend through BM2 to BM1. These zones were not fully assayed by the previous operator but were confirmed by Dryden Gold in Phase 1 drilling. This hole was specifically targeting the trend of the high-grade