Mr. Trey Wasser reports

DRYDEN GOLD CORP. PROVIDES SUMMARY OF SUMMER MAPPING PROGRAM ON THE TREMBLAY AREA

Dryden Gold Corp. has presented a summary of the surface mapping program conducted in 2023 within the Tremblay area. Throughout the summer and fall of 2023, Dryden Gold conducted an initial mapping and sampling program across the northern segment of the Dryden property, recognized as the Tremblay area. The Tremblay area is approximately 300 square kilometres and is part of Dryden Gold's strategic land package, which covers over 48,000 hectares. The program's objective was to comprehensively survey and map the terrain, enhancing the understanding of access logistics for exploration purposes, identifying potential gold-hosting rock formations, and delineating potential deposit styles within the northern section of the land package.

"While our primary focus lies in exploring the Gold Rock camp, it remains pivotal for us to delineate a target pipeline and demonstrate the exploration potential for the entire land package. It is key for us to gain a better understanding of the potential types of deposits hosted on the Dryden gold property and explore the ground with a very systematic and structured approach. We will rank and rate the exploration targets based on multiple criteria, strategically select grassroots targets for further exploration and identify areas for property expansion." stated Maura Kolb, president and head of exploration for the company.

Program details

The mapping and sampling initiative utilized logging roads for access and navigated the Wabigoon chain of lakes waterways. Sample collection prioritized obtaining representative samples for a comprehensive regional geochemical study with a focus on gathering samples related to observed alteration and/or mineralization. While the results from the geochemical sampling are currently pending, the company's geology team is actively engaged in interpreting the findings specific to each region. By integrating the latest geochemical findings with the 2022 airborne magnetic survey conducted over the Tremblay property, Dryden Gold aims to delineate specific areas warranting further exploration activities. The total number of samples collected for gold and multielement geochemistry assay during this program was 221 surface rock samples. From these samples, a subset of representative samples was also analyzed for whole-rock geochemistry to aid in the understanding of the geological settings in the northern portion of the property.

The northern section of the property, known as the Tremblay area, encompasses various distinct target zones. These include Hyndman, Sandybeach, Avery, Tabor and Turtlepond. Each of these target areas possesses a unique geological setting, yet all align with Dryden Gold's overarching thesis, emphasizing the correlation between gold mineralization and major structural features such as the Manitou Dinorwic deformation zone or the Wabigoon fault.

The company has prepared and filed a technical report in respect of the Dryden gold properties titled "NI 43-101 Technical Report Dryden Gold Project" and dated effective Sept. 6, 2023, prepared for the company by Calvin Church, PGeo, a copy of which can also be found under the company's profile on SEDAR+.

Qualified person

The technical disclosure in this news release has been reviewed and approved by Maura J. Kolb, MSc, PGeo, president of Dryden Gold and a qualified person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

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. The company has a strong management team and board of directors comprising experienced individuals with a record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100-per-cent interest in a dominant strategic land position in the Dryden district of Northwestern Ontario. Dryden Gold's property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50 kilometres of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure and enjoys first nation support and proximity to an experienced mining work force.

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