Mr. Trey Wasser reports

DRYDEN GOLD'S CEO ISSUES LETTER TO SHAREHOLDERS

Dryden Gold Corp. has shared a letter to shareholders from chief executive officer Trey Wasser.

To my fellow shareholders,

Although it has been an extremely difficult time in the markets, Dryden Gold is in an enviable position relative to many other junior mining companies. We have over $10-million in the treasury, which positions us to weather this storm and continue adding value to shareholders. We currently have many completed and fully paid-for drill holes with results pending, and the drilling continues. We have completed 70 per cent of our fully budgeted 45,000-metre drill program.

Our current treasury will allow us to continue our two-pronged exploration program well into 2027. We continue to allocate over 80 per cent of our funds into the ground, at industry-low all-in drill costs. We are currently re-evaluating all our G&A (general and administrative) expenditures for 2027 to conserve cash. We will wait for market conditions to improve so that we maximize the effectiveness of our reduced marketing dollars.

Maura and the geological team continue to expand the Gold Rock gold system, which is proving to be a very robust gold system and is now showing open-pit potential. They have grown Gold Rock from three mineralized structures to 16 and discovered over a dozen high-grade zones within the system. In the next couple of weeks, we will release assays from our first six drill holes at Mud Lake North. A new discovery at Mud Lake will prove the team's theory of periodicity and open 20 kilometres of strike length across the Gold Rock camp.

The continuing strategic investments by Alamos and Centerra remain an important differentiator for Dryden Gold, particularly in this challenging market. These investments demonstrate that two premier producers, with experienced technical teams, continue to believe in our property, our team, our exploration strategy and our technical program.

With many drill holes currently being assayed and our ability to drill year-round, our news flow will be steady well into next year. We are also awaiting results from our comprehensive 2026 regional field campaign. This campaign will allow us to leverage our huge land package and make some important decisions on the direction of the company over the next year. Our district-scale potential is what has been driving the attention of our strategic shareholders and other producing companies that continue to call.

The current weakness in our stock price is extremely upsetting to me. I want to assure you that our fundamentals have not changed. I attribute the weakness in our share price to the current bear market for gold miners, warrant pressure this fall, forced selling by institutions seeing redemptions and now tax-loss selling. It is really a perfect storm. I urge shareholders who understand the opportunity we have at Dryden Gold to hold tight or take advantage of our oversold stock price. In the past month, I have personally added to my holdings through warrant exercises and open-market purchases. I have participated in every Dryden Gold financing, never sold a share and never taken a salary. I am fully aligned with shareholders. I believe we hold 100 per cent of what will prove to be one of the most important gold districts in Canada.

Everyone at Dryden Gold wishes to thank you for your continued support and we look forward to updating you with new exploration results.

Sincerely,

Trey Wasser, CEO, director and major shareholder

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) and traded on the OTCQX (DRYGF) and Frankfurt Stock Exchange (X7W). 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 mining claims in a dominant strategic land position in the Dryden district of Northwestern Ontario. 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, enjoys collaborative relationships with first nations communities and benefits from proximity to an experienced mining work force. Dryden Gold is committed to building respectful, collaborative relationships with indigenous nations and communities throughout the company's area of operations. Dryden Gold recognizes the importance of continuing dialogue, mutual understanding and meaningful engagement as it advances its exploration activities.

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