Dryden Gold Corp. reported assay results from the first two phases of its initial drill program testing the Gold Rock portion of its Dryden Gold Project. The program successfully achieved the three main objectives of testing high-grade shoot orientation, identifying new high-grade shoot periodicity and confirming the theorized expanded strike length within the Big Master gold system.

Highlights: 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 over0.4 m. Confirmed orientation and expanded historically delineated high-grade shoot with new holes KW- 23-016 which 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 6-8 weeks. The 13 shallow drill holes reported represent phases one and two of the drill program completed between November and December 2023 for a total of 1,613 m. Hole KW-23-016 intersected visible gold within a sheared mafic volcanic unit with strong biotite alteration with quartz veinlets and returned 3.81 g/t Gold over 7.00 m including71.00 g/t gold Over 0.30 m. Confirmed 1.5km Strike Length. A key objective of the drill program was to drill test the strike extension of the Big Master gold system that had been interpreted from 2023 field work.

Hole KW-23 -004 was a step-out of 450 meters and intersected 3.40 g/t Gold over 1.60 m. Hole KW- 23-010, which also tested a new high-grade shoot, was drilled at the southeastern extent of the Big Master Gold system confirming the 1.5 km strike length of the system that is still open in all directions. Dryden Gold's phases four and five will include extended lateral step-outs, and further testing of known and theorized high-grade shoots. The complete drill program is expected to total approximately 4,000 meters and be completed in March 2024.

All sampling completed by Dryden Gold Corp. within its exploration programs is subject to a Company standard of internal quality control and quality assurance (QA/QC) programs which include the insertion of certified reference materials, blank materials, and a level of duplicate analysis. Drill samples from the 2023 program were sent to Activation Laboratories, with sample preparation and analysis in Thunder Bay, where they were processed for gold analysis by 50-gram fire assay with an atomic absorption finish and over limits determined by Fire Assay with a gravimetric finish.

Activation Laboratories systems conform to requirements of ISO/IEC Standard 17025 guidelines and meets assay requirements outlined for NI 43-101.