Mr. Jonathan Wiesblatt reports
TRIDENT RESOURCES COMMENCES 10,000 METRE WINTER DRILLING PROGRAM AT THE CONTACT LAKE GOLD PROJECT IN THE LA RONGE GOLD BELT OF SASKATCHEWAN
Trident Resources Corp. has commenced its 10,000-metre winter diamond drilling program at the company's Contact Lake gold project, located in the prolific La Ronge gold belt of Northern Saskatchewan. The drill program has been designed to confirm historical gold mineralization, expand known gold zones and test newly defined targets based on current geologic interpretations.
The 2026 winter drill program is an important follow-up to the recently concluded 2025 Contact Lake drill program, which successfully intersected high-grade gold intercepts and broad zones of alteration and gold mineralization. Prior to the 2025 drill program, the Contact Lake site had not been explored in nearly 30 years. Trident is excited to drill test several targets and realize the tremendous potential of one of the region's most prospective gold projects.
Jon Wiesblatt, chief executive officer of Trident Resources, commented: "Launching our winter drill program is an exciting step forward for Trident and our shareholders. This 10,000-metre program is designed to further test historical zones as well as to demonstrate the expansion potential of the gold system and make new discoveries. With gold mineralization identified historically and modern exploration techniques now being applied for the first time, we believe Contact Lake has the potential to become one of the more significant new gold projects in the La Ronge gold belt. Importantly, the winter drill program is fully funded, with Trident holding more than $12-million in cash and marketable securities on its balance sheet, providing the company with a strong financial position to execute on its exploration plans."
Program overview
The drill program will consist of an approximately 10,000 metres in up to 40 drill holes that will target high-priority zones identified through structural mapping, geophysical surveys and reviews of historical data. Drilling is expected to take place on both land and ice-based locations at the Contact Lake target area as well as several land-based holes at the adjacent Preview SW deposit. Drill program personnel and equipment are being mobilized to the Contact Lake project, with drilling to begin shortly.
Qualified person
The scientific and technical data contained in this news release were approved by Cornell McDowell, PGeo, a non-independent qualified person under the National Instrument 43-101, Standards of Disclosure of Mineral Projects.
About Trident Resources Corp.
Trident Resources is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The company is advancing its 100-per-cent-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-per-cent-owned Knife Lake copper project, which contains a historical copper resource.
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