Dryden Gold (TSXV:DRY) - Drilling High-Grade Gold over 30 g/t in the Heart of Historic Gold Camp
Description
Interview with Maura Kolb, President of Dryden Gold Corp.
Our previous interview: https://www.cruxinvestor.com/posts/dryden-gold-tsxvdry-high-grade-prospect-advances-with-visible-gold-and-successful-funding-5955
Recording date: 13th November 2024
Dryden Gold (TSXV:DRY) offers investors a compelling opportunity to gain exposure to a potential world-class gold discovery in the making. With a commanding 70,000 hectare land package in the heart of Northwestern Ontario, Dryden is aggressively exploring in a region that has produced numerous multi-million ounce, high-grade gold deposits.
The company's primary focus is the Gold Rock Camp, a historically productive gold district that saw limited past exploration despite some bonanza-grade mining in the early 1900s. Dryden's recent drilling has confirmed the presence of a significant high-grade gold system, with intercepts including 30.72 g/t gold over 5.7 meters and 8.9 g/t over 12 meters. These results come on the heels of historic drilling which returned up to 53,000 g/t gold.
Dryden's geological team, led by President Maura Kolb, has developed a 3D model of the high-grade Elora Zone using state-of-the-art oriented core drilling. This detailed understanding of the structural controls on mineralization has enabled the company to trace the gold-bearing system from surface down to a depth of over 150 meters, where it remains open for expansion. Follow-up drilling is in progress to further define and expand the Elora Zone both along strike and at depth.
The Elora Zone is just one of several high-potential targets Dryden is advancing across its large land package. At the Hyndman target to the east, grab samples have returned up to 10 g/t gold in an area with excellent access and infrastructure along the Trans-Canada Highway. To the south, the Sherridon target has seen visible gold in 8 out of 10 historic drill holes, with Dryden's team working to refine the geologic model in preparation for follow-up drilling.
Dryden benefits from a management team with extensive experience in the region, including CEO Maura Kolb's 8 years exploring in the world-class Red Lake gold camp. The company is well-funded to continue its aggressive exploration push, with over $5 million in working capital following the closing of a recent private placement.
The company's ongoing drilling efforts are underpinned by a robust gold market, with the price of the yellow metal surging to multi-year highs above $2,600 an ounce. This strong macro backdrop has sparked a resurgence in investor interest for gold, providing a timely opportunity for Dryden to attract a growing audience to its discovery-stage story.
With a major land position in a world-class gold belt, high-grade drill results, a proven management team, and a healthy treasury, Dryden Gold offers investors a unique opportunity to participate in a high-impact exploration story with the potential to deliver a significant new gold discovery. As drilling continues to unfold over the coming months, Dryden is well positioned to generate substantial news flow and value creation for shareholders.
View Dryden Gold's company profile: https://www.cruxinvestor.com/companies/dryden-gold
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