Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern Saskatchewan; Large Winter Drill Program Forthcoming

Core Viewpoint - Trident Resources Corp. has reported positive results from its diamond drill program at the Contact Lake Project, indicating substantial gold mineralization and the potential for further resource expansion [1][2]. Summary of Drilling Results - The first thirteen holes of the drilling program intersected significant gold mineralization, with all holes showing broad zones of shearing and alteration at relatively shallow depths [2][4]. - Notable results include: - Hole CL25006: 7.28 g/t gold over 15.0m, including 16.69 g/t over 6.0m [2][14]. - Hole CL25007: 4.43 g/t gold over 39.5m, including 5.76 g/t over 15.5m [2][14]. - Hole CL25005: 5.66 g/t gold over 5.94m, including 42.95 g/t over 2.55m [2][14]. - Hole CL25008: 7.41 g/t gold over 6.0m [2][14]. - The drilling has confirmed the continuity of mineralization outside the historical mine footprint, suggesting a larger untapped gold system [2][3][4]. Future Plans - The company is preparing for a fully-funded winter drill program, with over $12 million in cash and marketable securities to support ongoing exploration and corporate growth [2][3]. - The CEO emphasized the potential of the Contact Lake Project as a transformative asset, with significant resource estimates expected to be updated following the recent drilling success [2][3]. Project Overview - The Contact Lake Gold Project spans approximately 22,790 hectares and includes the past-producing Contact Lake mine, which yielded around 190,000 ounces of gold at an average grade of 6.16 g/t Au from 1994 to 1998 [16]. - The project is located in the La Ronge Gold Belt of Saskatchewan, an area known for its gold potential, and includes several other gold deposits owned by Trident Resources [16][22].