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Dryden Gold intercepts visible gold at its Gold Rock Project

Aug 12, 2024


Dryden Gold Corp. is pleased to provide an update on its Phase 5 drill program at its Gold Rock Project, Dryden Ontario. 

Highlights:

  • Visible gold has been observed multiple times in the recently completed diamond drill hole KW-24-017 focused on the Elora area of the Gold Rock Project (Figure 1). 
     
  • Hole KW-24-017 was designed as a follow up hole down-plunge from hole KW-24-008 completed in Q1 of 2024 by Dryden Gold which returned 14.10 g/t gold over 7.54 meters (click here).
     
  • Hole KW-24-017 intercepted the Elora mineralized zone approximately 30 meters deeper and 45 meters along strike from hole KW-24-008. The true depth is approximately 165 meters from surface. The mineralized zone appears to be of similar width to KW-24-008 and visible gold has been observed multiple times in the un-cut core. 

The Phase 5 drill program is ongoing, with approximately 1,300 meters planned. This drill program will follow up on the high-grade shoots discovered in the Elora and Big Master gold systems. The Elora down-plunge testing has been favourable. In addition Phase 5 will follow-up on hole KW-23-009A on the Big Master 1 ("BM1") vein structure which returned 26.11 g/t gold over 3.16 meters including 79.80 g/t gold over 0.33 meters (click here). Hole KW-23-009A targeted the intersection of two generations of fault structures theorized to control the high-grade shoots in the Gold Rock Camp. Another target for this program will be to expand the high-grade on the Big Master 2 ("BM2") based on Dryden's interpretation of the high-grade gold controls. 

Trey Wasser, CEO of Dryden Gold commented on the drill program, "The multiple occurrences of visible gold in diamond drill hole KW-24-017 at the Elora area of our Gold Rock Project are very encouraging. This follow-up hole, designed to build the down-plunge and expand the strike-length of the high-grade results from hole KW-24-008 earlier this year, underscores the exciting potential of the Elora system. Our spring 2024 drill program was designed to learn the structural controls of the high-grade gold and expand the footprint of the Gold Rock Camp. We were very successful and expanded the known mineralization to over 1km and the number of high-grade shoots to 5- on 3 separate vein structures. The summer drill program is designed to follow-up on our best results and expand the known high-grade zones. The fall drill program will focus on Elora north of the Kenwest Patents and targets developed by our re-logging efforts and our summer field program."



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