Trey Wasser, CEO and Director of Dryden Gold Corp (TSX.V: DRY) (OTCQB: DRYGF), joins me to recap the key milestones and results from 2024, and to look ahead to the work initiatives at the Elora, Big Master, Mud Lake, and Mosher Bay Areas of the Gold Rock Camp, plus ongoing work programs at both the Sherridon, and Hyndman areas across their Dryden Gold District, in Northwestern Ontario, Canada.
We start off discussing the success the Company had in 2024 in the capital markets with a few upsized raises, funding them for their move forward work planned in early 2025, and also bringing in Centerra Gold as a key strategic shareholder. This demonstrated that there is demand for funding their project and that they have access to capital in an environment that was challenging to many other junior resource companies.
Next we discussed some of the near-surface high-grade drill results in the Gold Rock Camp from the Elora Gold System and Big Master areas. Elora saw a number of good intercepts like 8.93 g/t gold over 12.45 meters including 32.96 g/t gold over 2.73 meters in the deepest drill hole to date, or another hole with assays showing 14.10 g/t gold over 7.54 meters. Then hole KW-24-017 returned 30.72 g/t gold over 5.70 meters, including its highest-ever value of 313.00 g/t over 0.55 meters. One of the notable Big Master intercepts was 26.11 g/t gold over 3.16 meters. Trey describes some of ongoing work and targets tested at both Big Master 1 and 2, and multiple targets that they will be testing along the Elora Gold trend once they receive the permits to move the drill pads up closer to the veins. This vantage point for drilling will also allow the exploration team to drill much deeper holes, which is important since this whole area is very similar to the deep Red Lake mineralization geologically.
We then took a look at some of the other regional targets on the Gold Rock Camp land package like Mud Lake and Mosher Bay that the team is looking forward to doing more mapping, sampling, and targeting on for 2025. Additionally, we widened the scope to discuss 2 other key areas of exploration focus on their district-scale land package, with surveys and field work vectoring on future drill targets at both the Sherridon and Hyndman areas of the Project.
If you have any questions for Trey regarding Dryden Gold, then please email me at Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Dryden Gold at the time of this recording.
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