Core Insights - Trident Resources Corp. has announced significant updates to its Mineral Resource Estimates for its gold deposits, showing an 18% increase in Indicated gold ounces and a 190% increase in Inferred gold ounces compared to previous estimates [1][5][30] Mineral Resource Estimates - The updated Indicated gold ounces total 896,500, while Inferred gold ounces total 1,129,600 across four deposits: Preview SW, Preview North, North Lake, and Greywacke [1][5] - The effective date of the updated Mineral Resource Estimate is November 6, 2025 [1][9] - The estimates reflect a higher gold price assumption of US$2,600 per ounce, compared to previous estimates which were based on US$1,500 to US$1,700 per ounce [5][9] CEO Commentary - The CEO emphasized the company's vision to create a significant gold exploration entity in Saskatchewan, highlighting the updated estimates as a confirmation of the quality and potential of the deposits [3][30] - The company is positioned for further growth with strong funding and an ambitious exploration program planned [3][30] Exploration Potential - Trident is actively exploring the Contact Lake project, which was a former producing gold mine, and recent drilling results suggest the presence of a robust gold-mineralized system [3][5] - The company aims to expand its resource totals through ongoing exploration efforts [3][5] Detailed Resource Breakdown - The Indicated resources for each deposit are as follows: - North Lake: 469,700 ounces at 0.890 g/t - Preview SW: 314,700 ounces at 1.537 g/t - Preview North: 40,800 ounces at 1.359 g/t - Greywacke: 71,400 ounces at 2.174 g/t [6][12][14] - The Inferred resources for each deposit are as follows: - North Lake: 481,300 ounces at 0.724 g/t - Preview SW: 531,900 ounces at 1.115 g/t - Preview North: 7,400 ounces at 0.628 g/t - Greywacke: 109,100 ounces at 1.242 g/t [6][12][14] Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan [30]
Trident Resources Corp. Announces Updated Mineral Resource Estimates for Four La Ronge Gold Belt Deposits in Northern Saskatchewan, Canada