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Dryden Gold putting new eyes on old drill numbers

May 9, 2024

"We feel there is a vast opportunity to better capture the potential of the entire mineralization footprint in the Big Master gold system with this relogging and resampling program. Through our initial four phases of drilling, it has become clear that the previous operator's selective sampling method potentially under-represented the mineralization throughout the high-grade shoots on the Big Master vein structures. We now understand that hanging wall and footwall zones of mineralization are present in the Big Master and Elora gold systems with some significant grades. Similar to the initial re-logging efforts at Great Bear, we see an opportunity to gain deeper insights into the high-grade mineralization found throughout the Gold Rock Camp," said Trey Wasser, Dryden Gold's CEO.

Dryden Gold Corp. announced its plans for the 2024 spring and summer work program. The program will consist of a focused relogging and re-assaying of historic core and from the known high-grade zones in the Gold Rock Camp. The program will also include systematic field exploration at the newly acquired Cross River property based on geologic and geophysical interpretation. The primary focus of the relogging program is on the Big Master gold system but will include other strategic areas particularly emphasizing the known high-grade zone. Specifically, the program will examine mineralization within the sheared volcanic units comprising the newly identified hanging wall and footwall structures. These structures surround the Big Master 1 ("BM1") and Big Master 2 ("BM2") vein structures (Figure 1). Previous operators selectively sampled based on an interpreted bias that veins were the only host of gold mineralization. Dryden Gold complete sampled the phase 1-4 drill program and has started to define the mineralized hanging wall and footwall zones. The relogging and resampling program's objective is to get a better understanding of the true width and grade of mineralization adjacent to the main BM1 and BM2 vein structures and provide additional insight into the controls on the mineralization. 

Hanging Wall and Footwall Intercepts

In the Phase 1 & 2 Dryden Gold drill program, hole KW-23-007 was collared in the historically defined high-grade shoot and returned multiple mineralized intercepts including: 34.00 g/t gold over 0.80 meters from 100 m down hole in the hanging wall of the BM2 and 20.93 g/t gold over 0.69 meters from 144 m down hole including 36.70 g/t gold over 0.39 meters in the footwall of the BM2, confirming the high-grade potential of the hanging wall and footwall on the BM2 gold system. (see press release dated Feb 21, 2024). In Phase 4, hole KW-24-009, a 400-meter step-out from the known high-grade zone, four zones of mineralization in the Big Master gold system were identified where it is interpreted that the mineralized zones area converging. As drilling intersected the BM2 vein structure, which returned 3.17 g/t gold over 4.00 meters including 19.34 g/t gold over 0.65 meters a footwall zone was also defined that returned 1.38 g/t gold over 6.65 meters including 10.50 g/t gold over 0.80 meters. This drill hole also intersected mineralization in a previously defined hanging wall zone and in the BM1 vein structure at depth (see press release dated April 24, 2024). Similar mineralized intercepts were also identified in Phase 3 drilling on the high-grade Elora Vein System.


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