Dryden Gold Corp.
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. For more information go to our website www.drydengold.com.
Cash: CAD 6.2M
Debt: Nil
Major shareholders:
Centerra Gold Inc. – 9.91%
Alamos Gold (NYSE-AGI) – 9.58%
Delbrook Capital – 4.53%
Eric Sprott – 2.65%
Rob McEwen – 2.21%
Management ownership – 8.05%
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?
Feb. 27, 2025: Dryden Gold Corp Announces Fully Funded 2025 Exploration Program
Feb. 24, 2025: Dryden Gold Announces Exploration Drill Permits issued for Gold Rock Camp
Feb. 6, 2025: Dryden Gold Commences 2025 Drill Campaign at Gold Rock Camp and Provides Update on Relogging Program
Dec. 18, 2024: Dryden Gold Completes $3.38 million Non-Brokered Private Placement and Strategic Investment by Centerra Gold
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
-Follow up on down plunge extension on high-grade structures at Gold Rock.
-Follow up on the strike extension of the high-grade structures at Gold Rock.
-Further explore new anomalies at Mosher Bay Fault intersection target.
-Test regional geophysical targets through mapping, prospecting and till sampling
6 Months:
-Expand on the high-grade structure on the Elora Gold System.
-Test new targets along strike and at depth at Gold Rock.
-Test highly prospective regional targets.
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?
Experienced management:
-History of success in navigating M&A.
-Technical team has extensive regional experience.
Investment Upside:
-High-grade gold across the entire Dryden District (70,000 hectares).
-Limited drilling – only 30,000 meters was historically dirlled.
-System has never been drilled tested at depth.
-Regional Greenfield targets at Hyndman & Sherridon
-Strategic investment from Centerra Gold
Favorable Mining Jurisdiction:
-Excellent infrastructure, including grid and power.
-Major highway access and logging roads.
-Year-round drilling.
-Significant tax benefits and government grants.
-Collaborative relationships with First Nations communities.
Newsletter Writer Coverage from:
-Chen Lin, Brien Lundin and soon Jeff Clark
Paid Research from:
-Rob Stitt of Couloir Capital
-Eric Lemieux
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:
Management & Insiders 8.05%, Centerra Gold Inc. 9.91%, Alamos Gold 9.58%, EuroPac Gold Fund 4.84%, Medalist Capital 4.71%, Delbrook Capital 4.53%, Dynamic Funds 3.02%, Eric Sprott 2.65%, Rob McEwen 2.21%, Robert Quartermain 0.66%
-Fantastic geology: geology similarities to Red Lake.