Dryden Gold Corp. Receives CAD $200,000 Grant from Ontario Government
Vancouver, British Columbia – The Dryden Gold Corp. (TSXV: DRY) is thrilled to announce that it has been granted CAD $200,000 from the government of Ontario under the Ontario Junior Exploration Program (OJEP). This program, aimed at promoting exploration with junior explorers in the province, is a significant boost for Dryden Gold as it continues its mission to discover new mineral deposits in Ontario.
About the Ontario Junior Exploration Program
The OJEP is a program designed to encourage and support exploration activities in Ontario. This initiative, funded by the Ontario Ministry of Energy, Northern Development and Mines, provides grants to eligible junior exploration companies to help offset exploration costs. The program is open to companies that are exploring for base metals, precious metals, industrial minerals, or rare earth elements in the province.
Impact on Dryden Gold
The CAD $200,000 grant from the Ontario government will enable Dryden Gold to undertake additional exploration activities on its projects in Ontario. The Company plans to use the funds for geological mapping, geochemical surveys, and drilling. This increased exploration effort will enhance the potential for discovering new mineral deposits and could lead to significant resource growth for Dryden Gold.
Impact on the Global Community
The mining industry plays a crucial role in the global economy, providing essential minerals and metals for various industries, including technology, construction, and energy. The exploration activities supported by the OJEP contribute to the discovery of new mineral resources, which can have a positive impact on the global economy. Furthermore, the exploration projects funded by the OJEP create jobs and stimulate economic growth in the local communities in Ontario.
Conclusion
The CAD $200,000 grant awarded to Dryden Gold by the Ontario government under the OJEP is a significant step forward for the Company as it continues its exploration efforts in Ontario. This financial support will enable Dryden Gold to expand its exploration activities, potentially leading to new mineral discoveries and resource growth. Additionally, the OJEP’s contribution to the mining industry and the local economy is a positive development for both the global community and the residents of Ontario.
- Dryden Gold receives CAD $200,000 grant from Ontario government under OJEP
- Funds to be used for geological mapping, geochemical surveys, and drilling
- OJEP program designed to promote exploration with junior explorers in Ontario
- Contributes to discovery of new mineral resources and economic growth in Ontario
- Positive impact on the global economy by providing essential minerals and metals
