Latest news with #Fladgate
Yahoo
29-05-2025
- Business
- Yahoo
Dryden Gold Strengthens Regional Pipeline with Hyndman Drill Permit and Field Activities
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce that it has received exploration permits from the Ontario Ministry of Mines for drill testing the Hyndman property ("Hyndman") in the Dryden Gold District. With the arrival of the 2025 summer field season, the Company has launched its regional exploration campaign. Field crews are set to start detailed mapping and channel sampling at Hyndman to prepare for future drill testing of multiple unexplored geophysical anomalies. The geology team is preparing for the initial drill test at Sherridon, where detailed mapping from 2024 has exposed multiple drill ready targets. The Company has grown its exploration team including an exploration manager to create consistency in logging and geological interpretation. To further improve our structural thesis, detailed mapping has begun on new Gold Rock extension targets. 2025 Field Activity Highlights: Fladgate Exploration Consulting ("Fladgate") is set to begin mapping & testing Hyndman ALS Geoanalytics ("ALS") to lead property-wide soil and till geochemical survey Local mapping expert, Sundog Geology for the Gold Rock extensions to the north & south Dryden Gold appoints Ryan Humphries as Exploration Manager CEO Trey Wasser explains the Company's exploration strategy, "Dryden Gold holds a dominant land package in the Dryden Gold District that is strategically positioned on the main gold bearing fault structures. This favourable setting underpins the Company's two-pronged exploration strategy: to advance the high-grade Gold Rock structures while aggressively pursuing new regional discoveries. Our two main regional exploration targets Hyndman and Sherridon highlight two different types of potential gold deposits in different host rocks from that at Gold Rock. Having multiple deposit styles is common in large gold districts like Timmins and Val-d'Or. We feel that exploring these two regional targets helps to build the case that our property package constitutes an emerging gold district. Our strategic investors as well as other mid-tier/major companies have expressed their keen interest in our early exploration of the regional potential of the Dryden Gold District." Field Program UpdatesThe Company has engaged Fladgate to lead the 2025 summer field program at the Hyndman Property (Figure 1). This program will include detailed geological mapping and sampling at the initial 2023 discovery site, as well as systematic traverses over untested geophysical anomalies identified through the 2023 Mira Geoscience 3D inversion study. Following reconnaissance mapping in 2023 and expanded geological work in 2024, Fladgate will now undertake a channel sampling program to evaluate the extent and continuity of the granodiorite-hosted stockwork mineralization. The Company has retained regional mapping expert, Sundog Geology to complete another field season of mapping at Gold Rock with a focus evaluating the northeastern and southwestern expansion of mineralization along the Manitou-Dinorwic deformation zone. This work will directly follow up on results from the 2024 mapping program that included surface sampling results up to 24.20g/t gold. In parallel with ongoing mapping efforts, Dryden Gold has initiated a comprehensive soil and till sampling program across most of its land package, in collaboration with ALS Geoanalytics. This program is designed to support the Company's regional exploration pipeline and advance the potential for a new regional discovery. Systematic geochemical sampling will provide vectors toward mineralization that will play a key role in refining exploration targets and guiding future exploration. Figure 1: Regional Geology Map with Target locationTo view an enhanced version of this graphic, please visit: Expanding the Geological TeamDryden Gold has expanded its exploration team to better support the 2025 Exploration Campaign and is pleased to welcome Ryan Humphries as the Company's new Exploration Manager. Ryan is a geologist with 10 years' experience guiding and planning various regional grassroot projects and near-mine to resource delineation drilling. Large portions of experience exploring for gold, working throughout Québec for Eldorado Gold, Wesdome Gold (Kiena), Bonterra Resources and Ontario with Wesdome (Eagle River). Ryan holds a Bachelor of Science in Geology degree from Laurentian University and is a registered professional geologist in Ontario ( and Québec (Géo). Dryden Gold is committed to local employment with the majority of the exploration team living in Northwestern Ontario. The Company is also committed to growing local partnerships with First Nations Communities and whenever possible using local contractors for exploration projects. Marketing UpdateManagement will be participating in The Mining Event of the North (the "Event") on June 3rd-5th, 2025, in Quebec City. CEO, Trey Wasser will be meeting with shareholders and new investors over one-to-one meetings and various networking events. Prior to the Event, on June 2nd, the Company will sponsor an investor lunch in Montreal and a dinner in Quebec City organized by MI3 Communications. Subsequent to the Event, Mr. Wasser will be meeting with institutional clients. Dryden Gold will also be participating in 121 Mining Investment New York on June 9th-10th, 2025, followed by an investor roadshow on June 11th, 2025, organized by Trinity Financing Investments Corporation. Investors can expect an update on the ongoing drill program and recent assays from the Gold Rock Camp. Qualified PersonThe technical disclosure in this news release has been reviewed and approved by Maura J. Kolb, President of Dryden Gold and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. Analytical Laboratory and QA/QC ProceduresThe Company is drilling NQ size core. Samples are cut in half, with half going to the lab for analysis and half kept as a record. True thickness/widths of the mineralization is unknown, result intervals are reported as the drilled core lengths unless otherwise stated. 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 2024 and 2025 program were sent to Activation Laboratories, with sample preparation and analysis in Dryden, 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. Select samples were analyzed using metallic screens. Activation Laboratories systems conform to requirements of ISO/IEC Standard 17025 guidelines and meets assay requirements outlined for NI 43-101. ABOUT DRYDEN GOLD Gold Corp. is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange ("DRY") and on the OTCQB marketplace ("DRYGF"). The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100% interest in a dominant strategic land position in the Dryden District of Northwestern Ontario. Dryden Gold's property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce. For more information go to our website CONTACT INFORMATION Trey Wasser, CEO Email: twasser@ Phone: 940-368-8337Ashley Robinson, Director of Corporate CommunicationsEmail: ir@ @DrydenGold Maura Kolb, P. Geo., President Email: mjkolb@ 807-632-2368 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking StatementsThe information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements include, but are not limited to, statements with respect to : the acquisition of the Property, receipt of corporate and regulatory approvals, issuance of common shares; future development plans; future acquisitions; exploration programs; and the business and operations of Dryden Gold. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings including receipt of TSX Venture Exchange approval for the acquisition of the Property; risks related to environmental regulation and liability; the potential for delays in exploration or development activities; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in Dryden Gold's and the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and Dryden Gold and the Company do not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Dryden Gold's and the Company's expectations or projections. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-03-2025
- Yahoo
Al Fayed estate faces legal action from alleged victims
Five alleged victims of abuse by Mohamed Al Fayed are planning to launch legal action against the late billionaire's estate, solicitors say. The BBC understands this is the first time the Al Fayed estate has been notified of claims of this kind since allegations of abuse were broadcast in a BBC documentary last year. Three of the women worked for the late billionaire and former owner of Harrods as nannies and two as private air stewards between 1995 and 2012. They were between the ages of 18 and 30 when they say the abuse occurred. The Fladgate law firm, which represents the estate, has been contacted for comment. Leigh Day, the law firm representing the alleged victims, say the women were subjected to "serious sexual abuse, harassment and mistreatment". Some allege they were threatened when they tried to raise concerns or report the abuse. Previous claims have been brought against Harrods, the department store owned by Al Fayed until 2010. Richard Meeran, one of the partners working on the women's case, told the BBC: "It is important that his estate is also made legally accountable for the widespread abuse he perpetrated against those who may never have had dealings with the famous store." The women are pursuing compensation under a personal injury claim. The letters of claim, which have been sent to the representatives of Al Fayed's estate on the women's behalf, signify the first formal step in the civil legal process prior to the start of court proceedings. Since the documentary Al Fayed: Predator at Harrods and podcast uncovered widespread allegations of abuse from former Harrods employees, the BBC has heard from close to 80 women who shared their own experiences. The earliest account of abuse heard by the BBC stretched as far back as 1977 and a number of women described being recruited by Al Fayed under false pretences before being sexually exploited by him. The Metropolitan Police have said more than 100 alleged victims have contacted them to say they were sexually abused by Al Fayed. They are currently reviewing a total of 21 allegations made before he died in 2023. A number of allegations were made against the businessman while he was still alive, but Al Fayed was never charged over rape and sexual assault allegations. In November, the Met announced an investigation into how it handled allegations relating to Al Fayed. Many of the women who have spoken to the BBC about their experiences have raised significant questions regarding how the predatory abuse they say they suffered was able to continue across numerous decades. The five women, being represented by Leigh Day, are also calling for an independent inquiry into the matter. 'He'd be enraged': Al Fayed abuse survivors on their friendship Mohamed Al Fayed: Timeline of sex abuse allegations How Fayed built a corrupt system of enablers to carry out his sexual abuse A spokesperson for Leigh Day added: "The letters are sent under the pre-action protocol for personal injury claims and mark the first formal step in the legal process prior to the commencement of court proceedings." In January, claims of abuse against Al Fayed and his brother Salah were heard in a UK court for the first time, in a civil case being brought against Harrods. Their only surviving brother, Ali Fayed, has also been accused of sexual assault by former employees of the department store. A spokesperson for Mr Fayed, who lives in the US, said previously that he unequivocally denied any and all the allegations of wrongdoing, adding that "the incidents simply never took place". Harrods' new owners have previously said they are "appalled" by the allegations of sexual abuse and have been investigating since 2023 whether any current members of staff were involved. In November, the Met said it was investigating at least five people it believes may have assisted or enabled Al Fayed's alleged sexual offences. If you have information about this story that you would like to share please get in touch. Email MAFinvestigation@ Please include a contact number if you are willing to speak to a BBC journalist. Mohamed Al Fayed accused of multiple rapes by staff Watchdog to review police handling of Al Fayed abuse claims Al Fayed's brother Salah also abused us, women say
BBC News
31-03-2025
- BBC News
Mohamed Al Fayed estate faces legal action from alleged victims
Five alleged victims of abuse by Mohamed Al Fayed are planning to launch legal action against the late billionaire's estate, solicitors BBC understands this is the first time the Al Fayed estate has been notified of claims of this kind since allegations of abuse were broadcast in a BBC documentary last of the women worked for the late billionaire and former owner of Harrods as nannies and two as private air stewards between 1995 and 2012. They were between the ages of 18 and 30 when they say the abuse Fladgate law firm, which represents the estate, has been contacted for comment. Leigh Day, the law firm representing the alleged victims, say the women were subjected to "serious sexual abuse, harassment and mistreatment". Some allege they were threatened when they tried to raise concerns or report the claims have been brought against Harrods, the department store owned by Al Fayed until 2010. Richard Meeran, one of the partners working on the women's case, told the BBC: "It is important that his estate is also made legally accountable for the widespread abuse he perpetrated against those who may never have had dealings with the famous store."The women are pursuing compensation under a personal injury claim. The letters of claim, which have been sent to the representatives of Al Fayed's estate on the women's behalf, signify the first formal step in the civil legal process prior to the start of court the documentary Al Fayed: Predator at Harrods and podcast uncovered widespread allegations of abuse from former Harrods employees, the BBC has heard from close to 80 women who shared their own earliest account of abuse heard by the BBC stretched as far back as 1977 and a number of women described being recruited by Al Fayed under false pretences before being sexually exploited by Metropolitan Police have said more than 100 alleged victims have contacted them to say they were sexually abused by Al Fayed. They are currently reviewing a total of 21 allegations made before he died in 2023.A number of allegations were made against the businessman while he was still alive, but Al Fayed was never charged over rape and sexual assault allegations. In November, the Met announced an investigation into how it handled allegations relating to Al of the women who have spoken to the BBC about their experiences have raised significant questions regarding how the predatory abuse they say they suffered was able to continue across numerous five women, being represented by Leigh Day, are also calling for an independent inquiry into the matter. A spokesperson for Leigh Day added: "The letters are sent under the pre-action protocol for personal injury claims and mark the first formal step in the legal process prior to the commencement of court proceedings."In January, claims of abuse against Al Fayed and his brother Salah were heard in a UK court for the first time, in a civil case being brought against only surviving brother, Ali Fayed, has also been accused of sexual assault by former employees of the department store. A spokesperson for Mr Fayed, who lives in the US, said previously that he unequivocally denied any and all the allegations of wrongdoing, adding that "the incidents simply never took place".Harrods' new owners have previously said they are "appalled" by the allegations of sexual abuse and have been investigating since 2023 whether any current members of staff were November, the Met said it was investigating at least five people it believes may have assisted or enabled Al Fayed's alleged sexual offences. If you have information about this story that you would like to share please get in touch. Email MAFinvestigation@ Please include a contact number if you are willing to speak to a BBC journalist.
