Home > News > Dryden Gold Achieves Record...

Dryden Gold Achieves Record Intercepts in Elora System within Gold Rock Camp

Mar 25, 2024

"The Elora drill results continue to demonstrate the expanding near-surface potential of the Gold Rock Camp and underscores the effectiveness of our methodical drilling that has successfully expanded the footprint of gold mineralization to three parallel systems over 1.5 kilometers, with only 2,904 meters of drilling. With every drill hole, we expand our understanding of the system architecture while identifying mineralogy, structural and geochemical controls on mineralization. Having an ever-expanding footprint, while identifying multiple high-grade gold occurrences, is the key to unlocking the full potential of the Gold Rock Camp and the entire Dryden Gold District," said President and CEO Trey Wasser.

Dryden Gold Corp. reports assay results from its Phase 3 drill program testing the Elora Gold system. The drilling program aimed to explore the depth extension of historic drilling and resulted in multiple significant gold intercepts, with notable high-grade results demonstrating the potential of the Elora system. The results also included Dryden Gold's highest-grade intercept to date, showing promising signs of high-grade gold occurrences. The company's drilling strategy, designed in four phases, aims to maximize the exploration budget and expand the footprint of gold mineralization while identifying new high-grade gold occurrences.

"The Elora drill results confirm a sulphide system with high levels of pyrite and visible gold. The Elora gold system hosted three historic mines within the Gold Rock Camp, including the highest producing Laurentian Mine (@12.81 g/t gold) located about 600 meters north of our current drilling and the Selby Mine 1,500 meters to the southwest. Phase 4 drilling has been completed and includes a large step-out to the Selby Mine area and the Company's deepest hole to date on the Big Master gold system. If successful, Phase 4 could expand the Gold Rock Camp footprint to over 3 kilometers," said Dryden Gold President Maura Kolb.

Tags: Northern Ontario / Exploration / Gold / All Articles