Trident Resources drills 7.03 g/t gold over 43.25 metres at Contact Lake Gold Project, Saskatchewan

Trident Resources Corp. [TSXV: ROCK; OTCQB: TRDTF] reported positive diamond drill results from the first three holes totaling 746 metres of a total planned 6,500 metres, at its Contact Lake Gold Project, Saskatchewan.

Highlights: 7.03 g/t gold over 43.25 metres from drill hole CL25003 from 121.0 metres, including 30.06 g/t gold over 9.25 metres from 155.0 metres; 7.89 g/t gold over 23.00 metres from drill hole CL25003 from 69.0 metres, including 23.86 g/t gold over 6.89 meytres from 75.0 metres; 2.49 g/t gold over 29.61 metres from drill hole CL25002 from 39.26 metres, including 27.09 g/t gold over 2.21 metres from 39.26 metres.

The discovery of high-grade gold in hole CL25003 represents an important advancement for future exploration at the project as the mineralization was encountered below the Bakos shear structure and well beyond the limits of the historical mining footprint.

Jon Weisblatt, CEO, commented: “We are extremely encouraged by these initial drill results from Contact Lake — the first exploration undertaken at this historic site in nearly 30 years. The strength and continuity of the mineralization we’re seeing reinforces our belief that Contact Lake is a highly prospective asset within Trident’s portfolio. The former Cameco mine produced approximately 200,000 ounces of gold at impressive head grades of 6 to 7 grams per tonne before closing in 1998, a decision driven by low gold prices (~$300/oz) and Cameco’s strategic focus on uranium. Our early success clearly indicates that significant high-grade gold mineralization was left behind, and modern exploration is beginning to unlock that potential.”

Wiesblatt went on to say: “It’s early days, but the geological setting and tenor of results we’re seeing at Contact Lake share encouraging similarities with the early discovery phases of companies like Skeena Resources and SSR’s Seabee Gold Mine — both of which began as focused high-grade exploration stories that grew into significant Canadian gold discoveries. While every project is unique, these parallels reinforce our confidence that Contact Lake could evolve into something very meaningful.

“Importantly, Contact Lake is just one of five gold deposits within Trident’s growing project portfolio, all located in Saskatchewan’s underexplored La Ronge Gold Belt. We see a much larger regional opportunity unfolding here — one that could ultimately define one of Canada’s next emerging gold camps. Contact Lake is only the beginning, and these results mark an exciting first step in realizing the full potential of this district-scale play.”

Wiesblatt concluded by saying “With approximately $12 million in cash and marketable securities and an attractive share structure, Trident is exceptionally well-positioned to continue advancing its ambitious exploration programs across the La Ronge Gold Belt. We have the financial strength, focus, and technical expertise to build sustained value through discovery and resource delineation.”

The discovery of high-grade gold in the first three holes of the 2025 Contact Lake drill program represents an important advancement for future exploration at the project as the mineralization was encountered below the Bakos shear structure and well beyond the limits of the historical mining footprint.

The Bakos shear is the main host to gold mineralization at Contact, but the high-grade intercepts from the lower portions of holes CL25002 and CL25003 demonstrate that significant gold values are present outside of the shear envelope.

Trident will continue to explore and drill test the Contact Lake deposit in a systematic manner as it looks to expand on the high-grade gold mineralization discovered between the historical mine infrastructure and the unmined BK3 zone, located immediately ENE of the 2025 drilling.

During the current drill program, Trident has collected a comprehensive database of oriented drill core measurements that will be used to delineate the geologic structures that host gold in the deposit area and guide future drill programs. Pre-existing geologic structures exert a first-order control on gold mineralization throughout the La Ronge Gold Belt, so Trident will focus on understanding the complex structural history in order to realize the full potential of the region.

The Contact Lake Project covers approximately 22,790 hectares and includes the past-producing Contact Lake Gold Mine, which was operated by Cameco between 1994 and 1998. Situated in the highly prospective La Ronge Gold Belt of Saskatchewan, the property hosts multiple historical deposits such as the Contact Lake Deposit, Preview SW Deposit, Preview North Deposit and the North Lake Deposit.

Trident Resources is focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan. 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.