Dryden Gold Expands Known High-Grade Zones with Deeper Drilling
CEO.CA Sep 14, 2026 7:37
Summary
Dryden Gold's Spyglass target hit 9.4 grams per ton gold at 330 meters depth, nearly doubling the high-grade zone.
President Maura Kolb says deep high-grade holes matter because underground mining only pays when grades rise with depth.
She sees no geological limit to how deep the system runs, with one to two kilometers possible.
Drilling has started at Mud Lake, a second target the company hopes becomes another Gold Rock on a string of pearls.
Strategic investments from major producers Centerra Gold and Alamos Gold give the junior explorer funding and third-party validation.
Key points on Alamos Gold
- Kolb names Alamos Gold as one of two major strategic investors (the other given as 'Sentara Gold') backing and helping fund Dryden Gold, which she presents as validation of the exploration team.
Maura Kolb's takeaways
- Top takeaway Kolb argues the Spyglass expansion shows Gold Rock's high-grade zones continue at depth, with the zone nearly doubled and a clear progression to triple it by drilling a deeper block below.
- She contends that shallow historic drilling (about 100 meters true depth) left the system under-tested and that proving high grades at depth is essential because underground mining needs higher grades to cover its costs.
- She sees no geologic cutoff for the mineralized systems, saying 1-2 kilometers of depth is not out of the question, with economics as the practical limit.
- She frames Gold Rock as one pearl on a string of pearls, pointing to Mud Lake drilling now underway, southern mapping work, and a planned 'pretty big' drill program at Hinman.
- She positions Dryden as set apart by its local community-based team, exploration-only focus, well-located land package with infrastructure, capital-raising strength, and backing from two major strategic investors.