08:13:05 EDT Mon 20 May 2024
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Dryden Gold Corp
Symbol DRY
Shares Issued 88,801,836
Close 2024-04-10 C$ 0.19
Market Cap C$ 16,872,349
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Dryden Gold to receive $200K OJEP funding for Gold Rock

2024-04-11 10:08 ET - News Release

Ms. Maura Kolb reports

DRYDEN GOLD ANNOUNCES ONTARIO JUNIOR EXPLORATION PROGRAM GRANT AT GOLD ROCK CAMP

Dryden Gold Corp. has been approved for a $200,000 grant from the government of Ontario under the Ontario Junior Exploration Program (OJEP). The OJEP program is designed to promote exploration with junior explorers in Ontario. Eligible companies can receive up to $200,000 per project to cover up to 50 per cent of the exploration costs of a program. This grant will be used by Dryden Gold on the Gold Rock Camp exploration program.

Maura Kolb, president of Dryden Gold, states: "The OJEP is a great program for junior explorers like us. The additional funding from the Ontario government allows us to do more on-the-ground exploration which is needed to make new discoveries in Ontario. We are very appreciative of being awarded the maximum funding of $200,000, which goes towards our exploration of the Gold Rock Camp, near Dryden, Ont."

George Pirie, Minister of Mines, said: "Through our government's investments in exploration, we are supporting the most critical part of the supply chain and strengthening our mining industry so we can capitalize on this generational opportunity to fuel the future. Our plan, backed by strategic investments like this one, will help drive economic development, secure domestic supply chains and create jobs across the province, especially in northern and indigenous communities."

Dryden Gold is committed to sustainable exploration in Northwestern Ontario, using local talent and services to explore for high-grade gold mineralization.

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). 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 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 50 km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, and enjoys first nations support and proximity to an experienced mining work force.

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