Exploration Company Uncovers High-Grade Gold in Ontario Breakthrough

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1 Disclosure for the quote from the John Newell article published on [Date]

1. For the quoted article, February 25, 2026, Dryden Gold Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,050.
2. Author Certification and Compensation: John Newell of John Newell and Associates was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

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2. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.

Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) announced on April 2, 2026, three new major gold discoveries at its Big Master Gold System at Gold Rock.

Dryden Gold's CEO, Trey Wasser, said, "The evolution of our exploration program at Gold Rock is extremely exciting and has shifted into high gear. Through mapping and sampling, the team developed a theory on structural controls for high-grade gold mineralization at Gold Rock and has now utilized the software tools and expertise that are proving their theories with high-grade discoveries. The impact of this success will be magnified by last year's discovery of a dozen additional stacked gold-bearing structures across Gold Rock, like those discovered at Red Lake. The drill rigs continue to turn with a focus on further expanding the footprint by drilling newly identified targets and deeper drilling using our new 3-D models for targeting high-grade gold."

Discoveries include 4.25 meters grading 32.87 g/t gold, with 0.5 meters of 252.00 g/t on BM1 at drill hole DGR-048, 160 meters below the surface at Sparrow as well as 4 meters grading 6.51 g/to gold, with 1.50 meters of 16.10 g/t gold on BM2 at drill hole DGR-049, 60 meters below the surface at Ruby.

The company has spent the last year digitizing all current and past data in order to integrate 3-D modeling of geological information. The most recent drill program was intended to test the accuracy of these theoretical models, and results suggest that "The D3 structures appear to have enriched the multiple stacked gold-bearing structures and are providing a vector for the geological team to locate several potential high-grade targets across Gold Rock."

Dryden Gold Corp. is a Vancouver gold exploration company focused on mining in Canada, specifically in the Manitou-Dinorwic deformation zone.

Gold Futures During International War

HoldCo Markets noted that gold prices declined by 10.1% over the past month when they released a March 2026 recap on April 6, 2026, offering their outlook on the gold market. They said, "A pullback in treasury yields last week has allowed for renewed optimism that gold's multi-week downturn has come to an end.

According to the latest IFS data, gold sales from the Russian, Turkish, and Kazakh central banks have put downward pressure on the precious metal of late. Additionally, ETF selling has been rather consistent since the outbreak of the Iran war. After six consecutive weeks of inflows, China reversed its trend to become a net seller as of last week. With the aforementioned pullback in yields coupled with plans for Chinese banks to tighten rules on gold accumulation products, we would venture to think that gold's oversold conditions will turn in the near term."

While prices fell last month, they've begun to stabilize. "Gold prices rose 4.08% during the week. Prices moved higher initially during the week, supported by a softer dollar and optimism around U.S. President's comments that the conflict [in Iran] could end soon. However, part of the gains were taken away after renewed escalation signals from President Trump. Trump warned of intensified military action against Iran over the next two to three weeks, while offering no clear roadmap for resolving the disruption to the strategically critical Strait of Hormuz," said Chen Lin of What is Chen Buying? What is Chen Selling? on April 4, 2026.

Many long-term investors are hanging on and waiting for the market to settle. Matthew Piepenburg of Von Greyerz Gold wrote on March 31, "Amid escalating tensions in the Middle East, rising inflation, and mounting systemic fragility, gold's recent weakness has raised eyebrows. Yet, as discussed, this is neither unprecedented nor irrational. In fact, history shows that during periods of tightening liquidity, rising yields, and forced deleveraging, even the strongest and most liquid assets, like physical gold, can be temporarily sold."

He went on to say, "In short, what may appear to be a weakness today could, in reality, represent a rare and strategic entry point for those who understand physical gold's role as a long-term store of value."

Analysts Optimistic About Dryden

Even before the press release, Ron Wortel, Senior Analyst for the Couloir Research Team, gave Dryden a 'Buy' rating on February 13, 2026, with a projected upside of 164%. He said, "Dryden Gold [is positioned] for sustained exploration momentum and continued resource growth, supporting our updated fair market value target of ~CA$1.00 for the stock into 2026."

¹In a contributed technical analyst opinion piece for Streetwise Reports, John Newell of John Newell & Associates wrote, "With institutional backing, experienced Red Lake leadership, and a technical structure that remains constructive, Dryden offers speculative investors leveraged exposure to what could be an emerging high-grade gold district at a time when precious metals are strengthening. At the current price of CA$0.37, we continue to view the shares as a Speculative Buy, recognizing both the upside potential and the inherent risks associated with junior exploration companies." This piece was released on February 25, 2026, well before the most recent results were revealed. He went on to say that, "Since the initial breakout in May 2025, Dryden Gold achieved its first two technical targets at CA$0.32 and CA$0.40. The third target at CA$0.46 has now also been met, confirming that the broader uptrend remains intact."

In an April 2, 2026, quote, Chen Lin of What is Chen Buying? What is Chen Selling? said that Dryden, ". . . released excellent drilling results. 4.25 meters grading 32.87 g/t gold including 0.50 meters of 252.00 g/t gold on BM1 at 160 meters below surface at Sparrow. Unfortunately nobody pays attention on this kind of day, but it is a very exciting result."

On April 4, in a report for The Gold Advisor, Jeff Valks gave Dryden Gold a 'Buy' rating after seeing the company's most recent release. He wrote, "These intercepts strengthen confidence in Dryden's structural targeting strategy and extend mineralization along strike and at depth across the Big Master Gold System. More importantly, they show the team's 3-D interpretation is working in real time — not just on paper. That's the kind of feedback loop exploration companies hope for." Valks said that he holds a long position, while his colleague, Jeff Clark, maintains his overweight position with no plans to sell.

Dryden's 2026 Goals

Maura Kolb, President of Dryden Gold, commented on the company's future goals: "Our understanding of the mineralization at Gold Rock is rapidly evolving as we are now using the digitized data. We are thrilled to share our interpretations with our shareholders using the new Mining Hub 3-D visualization tool.

The new holes were successful and confirm our geologic theory and interpretation. Being able to successfully target the high-grade zones will allow us to unlock the potential for building a resource at Gold Rock. Having now identified 15 parallel mineralized structures, from the Elora to Big Master Gold System, we are confident that we can vector into the high-grade zones to continue to expand Gold Rock."

In 2026, Dryden Gold plans to fully define Gold Rock's potential high-grade resources, find and define parallel mineralized structures at Gold Rock, prove the periodicity beginning at the company's Mud Lake Discovery, develop multiple target areas around 20 km strike length at Gold Rock, and strategically focus a fully funded 32,000-meter drill campaign there.

Ownership & Share Structure²

Dryden Gold Corp. has a market cap of CA$70.3 million, with 219.54 million shares outstanding. The company's 52-week range is CA$0.145-CA$0.48. Management and Insiders own 5.40% of company shares, while Strategic Investors own 52.53%. The remaining 42.08% of shares are Retail.