Trident Resources Corp. Announces Filing of Updated MRE Technical Report for Its La Ronge Gold Belt Properties
Globenewswire·2026-01-14 13:00

Core Viewpoint - Trident Resources Corp. has filed an updated Mineral Resource Estimate (MRE) Technical Report for its La Ronge Gold Belt gold deposits, indicating significant growth in gold resources and improved classification confidence across multiple deposits [1][2][3]. Mineral Resource Estimate Details - The updated MRE includes estimates for the Preview SW, Preview North, North Lake, and Greywacke deposits, with an effective date of November 6, 2025 [2]. - The report was prepared by Bird Resource Consulting Corp. and incorporates historical drilling results and updated geological interpretations [3]. Highlights of the MRE - The total in situ tonnage and grade for the deposits are as follows: - Indicated Resources: - North Lake: 16,410 ktonnes at 0.890 gpt, 469.7 kOz (20% increase) - Preview SW: 6,369 ktonnes at 1.537 gpt, 314.7 kOz (15% increase) - Preview North: 933 ktonnes at 1.359 gpt, 40.8 kOz (not applicable) - Greywacke: 1,021 ktonnes at 2.174 gpt, 71.4 kOz (24% decrease) - Total: 24,733 ktonnes at 1.127 gpt, 896.5 kOz (18% increase) [5]. - Inferred Resources: - North Lake: 20,666 ktonnes at 0.724 gpt, 481.3 kOz (407% increase) - Preview SW: 14,831 ktonnes at 1.115 gpt, 531.9 kOz (102% increase) - Preview North: 366 ktonnes at 0.628 gpt, 7.4 kOz (75% decrease) - Greywacke: 2,732 ktonnes at 1.242 gpt, 109.1 kOz (4821% increase) - Total: 38,595 ktonnes at 0.910 gpt, 1,129.6 kOz (190% increase) [5]. Economic Assumptions - The MRE was calculated using a gold price of US$2,600 per ounce, significantly higher than the previous estimate of US$1,500 to US$1,700 per ounce [7]. - The report includes various economic assumptions such as mining costs, processing costs, and metallurgical recoveries [15]. Future Plans - The company has completed fall drilling on the Contact Lake Project, with significant results reported, and plans to commence a fully funded winter drilling program of at least 10,000 meters [7][11].