Trident Intersects 5.73 g/t Au over 15.0m including 9.35 g/t Au over 7.0m and 15.05 g/t Au over 2.0m Below Historical Mining Infrastructure at the Contact Lake Gold Project in Northern Saskatchewan
Globenewswire·2026-01-20 08:30

Core Viewpoint - Trident Resources Corp. has reported successful results from the final six diamond drill holes of its 2025 drill program at the Contact Lake Project, indicating substantial gold mineralization and the potential for significant depth expansion of the gold system [1][3][5]. Summary of Drilling Results - The final six drill holes intersected substantial gold mineralization within, above, and below the Bakos Shear Zone, demonstrating the depth potential of the orogenic gold system at Contact Lake [3][5]. - Hole CL25017 returned 5.73 g/t gold over 15.0m, including 9.35 g/t over 7.0m and 15.05 g/t over 2.0m [4]. - Hole CL25016 returned 2.62 g/t gold over 37.44m, including 5.70 g/t over 9.0m and 11.53 g/t over 2.3m [4]. - A winter 2026 drill program of approximately 10,000 metres in up to 40 drill holes has commenced [4]. Project Overview - The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced around 190,000 ounces of gold at an average head grade of 6.16 g/t Au from 1994 to 1998 [21]. - The project is located in the La Ronge Gold Belt of Saskatchewan, which is known for its gold potential [21]. - Trident Resources aims to explore and drill systematically to expand and discover additional high-grade gold zones [8][21]. Future Exploration Plans - The 2026 winter drill program will focus on extending recently discovered and historically identified gold zones along strike to the northeast in the BK3 Zone [8]. - The company believes that the gold system at Contact Lake has excellent potential to extend well below the limits of historical mining, where there has been minimal drill testing [6][21].

Trident Intersects 5.73 g/t Au over 15.0m including 9.35 g/t Au over 7.0m and 15.05 g/t Au over 2.0m Below Historical Mining Infrastructure at the Contact Lake Gold Project in Northern Saskatchewan - Reportify