Dryden Gold Corp.

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Primary ticker: TSXV: DRY, OTCQB: DRYGF

Stage of development: Exploration
Primary minerals: Gold
Project to promote: Gold Rock Project, Lower Manitou Project, Tremblay Project

Project location: Canada (Dryden, Ontario)

Website: drydengold.com
Corporate presentation: Click here
Corporate video: Click here

Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange (“DRY”) and traded on the OTCQB (“DRYGF”). 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 a 100% interest in a dominant strategic land position in the Dryden District of Northwestern Ontario. Dryden Gold acknowledges all Indigenous Peoples and that it is operating on the traditional homelands of the Wabigoon Lake Ojibway Nation and Eagle Lake First Nation. Dryden Gold’s property package includes historic gold mines but has seen limited modern exploration. 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.

 

Cash: CAD 1,300,000

Major shareholders:
Eric Sprott – 2.97%

Rob McEwen – 2.48%

Delbrook Capital – 5.08%

EuroPac Gold Fund – 5.43%

Alamos Gold – 10.73%

Dynamic Funds – 3.38%

Robert Quartermain – 0.74%

Insiders and Management – 9.02%.

Financials

Management Profile

Trey Wasser, CEO & Director
-Served as President & CEO of Ely Gold Royalties Inc., 2010-2021. Transformed Ely Gold from an $6M exploration/development company to $300M royalty company – sold to Gold Royalty Corp.
-President & Director of Research for Pilot Point Partners specializing in precious metal mining and oil & gas development.
-Brokerage and venture capital business for over 40 years, including bond salesman and trader with Merrill Lynch, Kidder Peabody and Paine Webber. Clientele included Fortune 100 companies & institutional money managers.

 

Maura Kolb, P. Geo., President
-15 years’ experience in mining & exploration.
-Diverse exploration background, bringing projects into commercial production.
-Director for Critical Discoveries, Board Member of Northwestern Ontario Chapter of Women in Mining.
-Experience includes, Director Exploration, Treasury Metals. Prior to that she spent 8 years in the Red Lake Camp with Goldcorp, Newmont, Evaluation and Battle North leading geology and exploration for mine sites and regionally.
-Also consulted for junior mining companies focused on precious metals.
Master of Science at Lakehead University; her background in structural geology has been a foundation for unlocking exploration potential in complex geologic settings.

What is your rationale for taking part in 121 Mining Investment?

We are looking to meet with new investors interested in gold exploration stories that are interested in stories with near-term shareholder value opportunities. Open to meeting with mid-tier and major producers that are looking for strategic investment opportunities.

What recent news would you like to highlight to investors attending?

Oct. 8th: Dryden Gold Reports Record High-Grade Gold at Elora Project, Gold Rock Camp of 30.72 g/t Gold over 5.70 Meters https://drydengold.com/dryden-gold-reports-record-high-grade-gold-at-elora-project-gold-rock-camp-of-30-72-g-t-gold-over-5-70-meters/

 

Oct. 3rd: Dryden Gold Corp. Announces the Closing of its Equity Financing https://drydengold.com/dryden-gold-corp-announces-the-closing-of-its-equity-financing/

What are your key goals in 3 months, 6 months, 12 months?

3 Months:

Summer 2024 Drill Program:
-Expand on New High-Grade Shoots BM1, BM2 & Elora
-Follow up down plunge extension on Elora high-grade shoot
-Follow up on the newly intersected high-grade shoot on BM1 (3 holes)
-Expand the historically defined high-grade shoot with only
three historic drill holes
-Test continuity between the two historically defined high-grade shoots

Summer 2024 Relogging Program:
-Approximately 20,000 meters of historic drill core was
selectively sampled & securely stored (Gold Rock, Cross
River, Sherridon, etc.)
-Re-logging select holes will improve our understanding
of grade-thickness continuity
-The 2018 relogging program at Great Bear was
instrumental in the discovery of Central LP Footwall Zone

Summer 2024 Field Program:
-Three main areas of focus: Gold Rock Camp, Hyndman and Sherridon
-Highlight – 2023 Hyndman reconnaissance program returned 4/5 samples over 10.00 g/t
gold
-Use geophysical anomalies and structural interpretation as a guide for priority field work.
-Geophysical anomalies occur over known mineralized zones
-Integrate new structural data from drill program into regional interpretation
-Targeting workshop “think-tank” with regional experts to prioritize exploration

6 Months:
Fall Drill Program (Fall 2024):
-Expand on Elora System
-Elora Vein hosted high-grade Laurentian Gold Mine with average grade of 14 g/t gold.
-Geology team is working on the Exploration Permit for follow up drilling on this target.

12 Months:

Dryden Gold’s Resource Pipeline:

-Systematic approach to District-Wide exploration.
-Focusing on Gold Rock Camp Follow-up and Advanced Exploration stage
targets.
-Several targets in the Grassroots categories will be reviewed and field tested
over the summer.

What do you think makes your company such a compelling investment?

-Excellent infrastructure: Highway access, power, forestry road access and mining talent.

-Excellent management team with a lot of experience in building and selling companies

-Fantastic shareholder base: Eric Sprott 4.26%, Rob McEwen 3.55%, Delbrook Capital 7.27%, EuroPac Gold Fund 7.78%, Alamos Gold 15.37%, Insiders and Management 11.87%

-Fantastic geology:
-Similar geological setting and rock types as Red Lake
-Consolidated a large land package over 600 square km, it’s the first time these properties have ever been put together.
-There are high grade intercepts from top to bottom of our property, including 53,000 g/t gold over 0.50 meters at our flagship project – Gold Rock. Red Lake is 2 hours to the North, Rainy River mine to the South.
-Geology is similar to Red Lake. Maura Kolb, our president spent years working at Red Lake and has found a lot of high-grade gold for Gold Corp.
-Deepest mining is 140 meters (very shallow), so we have huge potential at depth.

-2023+2024 Drill Program:
-Drilled 4,000 meters, 35 holes of shallow drilling
-Found 3 parallel vein structures 3km strike (we expanded our mineralized footprint) along our high-grade gold system
-Discovered 3 new high-grade shoots

What are the top 3 key investor takeaways?

-Excellent infrastructure: Highway access, power, forestry road access and mining talent.

-Excellent management team: A lot of experience in building and selling companies

-Fantastic Shareholder base: Eric Sprott 2.97%, Rob McEwen 2.48%, Delbrook Capital 5.08%, EuroPac Gold Fund 5.43%, Alamos Gold 10.73%, Dynamic Funds 3.38%, Robert Quartermain 0.74%, Insiders and Management 9.02%.

-Fantastic geology: geology similarities to Red Lake.