- Dryden Gold has reported assay results from the first two phases of its drilling program at the Gold Rock portion of the Dryden Gold Project
- The program achieved three of its main objectives, including testing high-grade shoot orientation, identifying new high-grade shoot periodicity and confirming the theorized expanding strike length within the Big Master gold system
- The company stated 13 shallow drill holes were complete for a total of 1,613 metres drilled between November and December of last year
- Shares of Dryden Gold are unchanged at C$0.19
Dryden Gold (TSXV:DRY) has reported assay results from the first two phases of its drilling program at the Gold Rock portion of its Dryden Gold Project.
In a news release, the Vancouver-based company revealed that its program achieved three of the key objectives, including: testing high-grade shoot orientation, identifying new high-grade shoot periodicity and confirming the theorized expanding strike length within the Big Master gold system.
In total, the company stated it drilled 13 shallow drill holes for a total of 1,613 metres between November and December of last year.
“These assay results mark a great start for Dryden Gold’s exploration team. All our goals for the first two phases of drilling were successful and as a result we are showing the significant near-surface, high-grade gold potential within the Gold Rock Camp portion of the district scale Dryden Gold project,” Trey Wasser, CEO of Dryden Gold, said in a statement.”These findings underscore the importance of our systematic drilling approach and highlight the potential to be unlocked in this strategic and underexplored land package.”
Highlights from the drilling campaign include:
- Successfully intersected new high-grade shoot on the Big Master One (“BM1”) with drill hole KW-23-009A intersecting 26.11 g/t gold over 3.16 m, including 79.80 g/t gold over 0.33 m.
- Confirmed interpreted 1.5 km strike length on the Big Master gold system, which is open in all directions with significant step-out holes KW-23-004 returning 3.40 g/t gold over 1.60 m and KW-23-010 intersecting 3.70 g/t gold over 6.00 m including 10.60 g/t gold over 0.4 m.
- Confirmed orientation and expanded historically delineated high-grade shoot with new holes KW-23-016 that intersected 3.81 g/t gold over 7.00 m including 71.00 g/t gold over 0.30 m and KW-23-018 intersecting 6.66 g/t gold over 4.30 m including 44.80 g/t gold over 0.27 m.
- Phase three drilling has been completed with results pending and phases four and five are anticipated to be completed over the next six to eight weeks.
Dryden Gold also recently completed a third phase that assessed the Elora Vein that parallels the Big Master gold system.
An upcoming phase four and five drilling campaign will include extended lateral step-outs and further testing of known and theorized high-grade shoots. It is anticipated the program will total 4,000 metres and will be completed in March 2024.
Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold mineralization.
Shares of Dryden Gold are unchanged at C$0.19.
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