Dryden Gold Intersects 7.88 g/t Gold over 12.70 Meters at Gold Rock

Vancouver, British Columbia--(Newsfile Corp. - September 23, 2026) - Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W)("Dryden Gold" or the "Company") is pleased to announce that drill hole DGR-058 returned a high-grade intercept of 7.88 g/t gold over 12.70 meters, including 46.05 g/t gold over 1.90 meters. This hole was drilled along strike between high-grade intercepts at Jubilee and Pearl, at approximately 65 meters true depth (Figure 1). This near-surface 100-gram meter hole confirms the continuity of high-grade gold over 350 meters strike-length along the Elora structure.

The Company mobilized a second drill rig in July to expand the footprint and test down-plunge at Gold Rock. Initial deeper drilling, reported on August 31, 2026, intersected 9.40 g/t gold over 4.60 meters at 330 meters true depth and nearly doubled the down-plunge extent at Spyglass on the sub-parallel BM2 Trend. DGR-075 returned grade of 1.35 g/t gold over 12.0 meters including 10.5 g/t gold over 0.5 meters and 15.6 g/t gold over 0.5 meters down plunge on BM1, testing Barrelman at approximately 300 meters true depth. Like BM2 and Elora, BM1 continues to show continuity over 1.5 kilometers strike with multiple high-grade zones extending down-plunge (Figure 1).

The 2025-2026 drill programs have now grown Gold Rock from its original three mineralized structures with a single high-grade zone to 15 mineralized structures with 10 high-grade zones. The mineralized structures are showing high-grade intercepts with good width within lower-grade gold halos. Further testing is required to fully define the extents of all the newly discovered mineralized structures. New structural data supports two plunges controlling the high-grade mineralization at Gold Rock with additional drill holes pending that test the down-plunge targets.

Trey Wasser, CEO, commented, "The geology team's structural models, targeting the intersection of the three defined deformation events, continues to generate significant results across the many high-grade targets within this robust gold system. Proving the continuity of the near-surface high-grade gold mineralization, combined with the successful down-plunge testing along multiple sub-parallel structures is allowing us to begin evaluating the potential for open pit mining at Gold Rock. Equally exciting is the recently announced initial observations from our drilling at Mud Lake North where visible gold was reported in one of the first three drill holes within a broad zone of alteration and significant sulphide mineralization."

Additional near surface drilling at Jubilee, from hole DGR-079, returned 9.91 g/t gold over 1.45 meters including 25.90 g/t gold over 0.40 meters at approximately 30 meters below surface. Testing at the Big Master Gold System near Treasure returned 6.96 g/t gold over 2.00 meters on a hanging wall structure in hole DGR-063 at approximately 100 meters true depth and 4.56 g/t gold over 1.00 meter on Treasure in hole DGR-062 at approximately 150 meters true depth.

Figure 1: Gold Rock Target Area Map with Grade Contour Long Sections

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9776/315549_drydenone.jpg

Link to 3-D Interpretation of Mineralized Structure
Link to 3-D Grade-width Contoured Long Sections

Table 1: Highlights from new drilling at Gold Rock

*Reported intervals are drilled core lengths, true width is unknown, assay values are uncut
For full list of assay results and additional technical information, please click the link here

Qualified Person
The technical disclosure in this news release has been reviewed and approved by Maura Kolb, M.Sc., P. Geo., President of Dryden Gold and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. Kolb has reviewed the drill results for reported intercepts, the analytical data and associated quality control results.

Analytical Laboratory and QA/QC Procedures
The Company is drilling NQ size core. Samples are cut in half, with half going to the lab for analysis and half kept as a record. True thickness/widths of the mineralization is unknown, result intervals are reported as the drilled core lengths unless otherwise stated. All sampling completed by Dryden Gold Corp. within its exploration programs is subject to a Company standard of internal quality control and quality assurance (QA/QC) programs which include the insertion of certified reference materials, blank materials, and a level of duplicate analysis. Core samples for the holes reported in today's release were transported by Dryden personal directly to to Activation Laboratories, with sample preparation and analysis in Dryden, where they were processed for gold analysis by 50-gram fire assay with an atomic absorption finish and over limits determined by Fire Assay with a gravimetric finish. Select samples were analyzed using metallic screens. Activation Laboratories systems conform to requirements of ISO/IEC Standard 17025 guidelines and meet the assay requirements outlined for NI 43-101 compliance.

ABOUT DRYDEN GOLD CORP.
Dryden Gold is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange ("DRY"), traded on the OTCQX ("DRYGF") and FSE ("X7W"). The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls 100% interest in mining claims in a dominant strategic land position in the Dryden District of Northwestern Ontario. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce. Dryden Gold is committed to building respectful, collaborative relationships with Indigenous Nations and communities throughout our area of operations. We recognize the importance of ongoing dialogue, mutual understanding, and meaningful engagement as we advance our exploration activities.

For more information go to our website www.drydengold.com.

Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: receipt of corporate and regulatory approvals, issuance of common shares; future development plans; and the business and operations of Dryden Gold. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable which include the number of metres of drilling the company may complete in 2026 and the timing of certain exploration programs during the coming year. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings including receipt of TSX Venture Exchange approval for the offering; risks related to environmental regulation and liability; the potential for delays in exploration or development activities; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in Dryden Gold's and the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and Dryden Gold and the Company do not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Dryden Gold's and the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/315549

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