Trident Resources Commences 10,000 Metre Winter Drilling Program at the Contact Lake Gold Project in the La Ronge Gold Belt of Saskatchewan

Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) ("Trident" or the "Company") is pleased to announce the commencement of its 10,000 metre winter diamond drilling program at the Company's Contact Lake Gold Project, located in the prolific La Ronge Gold Belt of northern Saskatchewan. The drill program has been designed to confirm historical gold mineralization, expand known gold zones, and test newly defined targets based on current geologic interpretations.

Trident's Regional Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1

The 2026 winter drill program is an important follow-up to the recently concluded 2025 Contact Lake drill program, which successfully intersected high-grade gold intercepts and broad zones of alteration and gold mineralization. Previous to the 2025 drill program, the Contact Lake site had not been explored in nearly 30 years. Trident is excited to drill test several targets and realize the tremendous potential of one of the region's most prospective gold projects.

Contact Lake Gold Property Map:
http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg

Jon Wiesblatt, CEO of Trident Resources, commented: "Launching our winter drill program is an exciting step forward for Trident and our shareholders. This 10,000-metre program is designed to further test historical zones as well as to demonstrate the expansion potential of the gold system and make new discoveries. With gold mineralization identified historically and modern exploration techniques now being applied for the first time, we believe Contact Lake has the potential to become one of the more significant new gold projects in the La Ronge Gold Belt. Importantly, the winter drill program is fully-funded, with Trident holding more than $12 million in cash and marketable securities on its balance sheet, providing the Company with a strong financial position to execute on its exploration plans."

Assay Results from Previously Reported Holes CL25001 to CL25013
Drill Hole # From (m) To (m) Width (m) Au (g/t) Gram-Metre (gm)
CL25001 41.50 71.00 29.50 0.56 16.60
CL25002 39.26 68.87 29.61 2.49 73.85
including 39.26 41.47 2.21 27.09 59.87
CL25003 46.88 53.89 7.01 0.66 4.60
and 69.00 92.00 23.00 7.89 181.46
including 75.00 81.89 6.89 23.86 164.40
and 121.00 164.25 43.25 7.03 304.05
including 155.00 164.25 9.25 30.06 278.07
CL25004 157.45 159.51 2.06 8.37 17.25
CL25005 100.06 106.00 5.94 5.66 33.61
including 100.06 102.50 2.44 11.83 28.86
and 142.00 144.55 2.55 42.95 109.52
CL25006 272.00 287.00 15.00 7.28 109.27
Including 272.00 278.00 6.00 16.69 100.13
including 272.00 275.00 3.00 30.41 91.23
CL25007 329.50 369.00 39.50 4.43 174.84
including 329.50 345.00 15.50 5.76 89.26
Including 329.50 335.50 6.00 9.43 56.60
and 367.00 369.00 2.00 37.31 74.62
CL25008 139.00 145.00 6.00 7.41 44.44
and 155.00 156.35 1.35 6.27 8.46
and 268.00 273.00 5.00 7.74 38.69
and 313.58 316.50 2.92 6.07 17.72
CL25009 85.50 88.33 2.83 9.23 26.11
and 199.00 202.00 3.00 8.49 25.46
and 242.89 245.00 2.11 6.19 13.06
CL25010 188.50 195.28 6.78 4.23 28.71
including 192.00 195.28 3.28 6.72 22.05
CL25011 217.15 218.25 1.10 5.86 6.45
CL25012 133.00 136.37 3.37 2.97 10.01
and 194.00 199.50 5.50 1.76 9.68
including 194.00 195.40 1.40 5.56 7.78
CL25013 77.40 79.00 1.60 4.13 6.61
and 135.00 136.00 1.00 13.20 13.20
and 190.00 194.00 4.00 2.00 8.00
and 193.00 194.00 1.00 5.42 5.42

Program Overview:

The drill program will consist of an approximate 10,000 metres in up to 40 drill holes that will target high-priority zones identified through structural mapping, geophysical surveys, and reviews of historical data. Drilling is expected to take place on both land and ice-based locations at the Contact Lake target area, as well as several land-based holes at the adjacent Preview SW deposit. Drill program personnel and equipment are being mobilized to the Contact Lake project with drilling to begin shortly.

Contact Lake Drill Collar Location Map:
https://www.tridentresourcescorp.com/_resources/images/Contact-Lake-Gold-Property-20260114.png

Qualified Person:

The scientific and technical data contained in this news release was approved by Cornell McDowell, P.Geo., a non-independent "qualified person" under the National Instrument 43-101 Standards of Disclosure of Mineral Projects.

About Trident Resources Corp.:

Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The Company is advancing its 100% owned Contact Lake and Greywacke Lake projects which host significant historical gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project which contains a historical copper resource.

To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company's website at www.tridentresourcescorp.com

Trident Resources Corp.

Jonathan Wiesblatt, Chief Executive Officer
Email: Jon.Wiesblatt@tridentresourcescorp.com

For further information contact myself or:
Andrew J. Ramcharan, PhD, P.Eng., Corporate Communications

Trident Resources Corp.
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@tridentresourcescorp.com


NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Forward-Looking Information and Statements

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements.  Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.ca for further information.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

ROCK:CC
The Conversation (0)
Rockridge Resources

Rockridge Resources

Exploring in Prolific Mining Jurisdictions in Canada for Copper & Gold

Exploring in Prolific Mining Jurisdictions in Canada for Copper & Gold Keep Reading...
Ronald-Peter Stoeferle, gold bars.

Ronald-Peter Stoeferle: Gold Price Hasn't Topped, on Track for US$8,900

Ronald-Peter Stoeferle of Incrementum shares takeaways from the latest "In Gold We Trust" report, emphasizing that gold is currently in a bull market consolidation phase.Overall he believes the yellow metal is in the midst of a "golden decade" that will ultimately take it to his price target of... Keep Reading...
China flag waving against a clear blue sky.

Chinese Regulator Delays Zijin Gold’s US$4 Billion Allied Gold Takeover

Beijing’s National Development and Reform Commission (NDRC) has delayed regulatory approval for Zijin Gold International's (HKEX:2259,OTCPL:ZJNGF) US$4 billion acquisition of Allied Gold (TSX:AAUC,NYSE:AAUC), questioning the transaction premium and the political risks of the target's mining... Keep Reading...
Gold bars and financial graphs. Text reads: "Weekly Editor's Picks."

Editor's Picks: Gold, Silver Face Bumpy Week as Prices Drop, Then Rebound

It was a bumpy week for the gold price, which dropped to the US$4,370 per ounce level midway through the period before rebounding back above US$4,500.Silver put on a similar performance, bottoming out at US$72 per ounce.Both precious metals were reacting to a complex array of dynamics, including... Keep Reading...
A gold Krugerrand coin sits atop a pile of silver coins with musical instrument engravings.

Precious Metals News: Gold, Silver and PGM Price Floors Hold Up Against Headwinds

The precious metals complex is proving resilient in the face of intensifying macroeconomic headwinds and ongoing uncertainty over the direction of the conflict in the Middle East. Prices for gold, silver, platinum and palladium fell below key psychological levels this week on the back of hawkish... Keep Reading...
Dr. Stephen Leeb, gold bars.

Stephen Leeb: Gold Price to US$18,000? Here's How it Can Happen

Dr. Stephen Leeb of Leeb Capital Management shares his outlook for gold, explaining how the yellow metal could get to US$18,000 per ounce. "Gold's high point might not ever really be defined, because I think at the end of this period that we're in, you're going to find gold at the center of the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News