Trident Resources Corp Stock Price, News & Analysis

Trident Resources (OTCQB:TRDTF) has completed the acquisition of strategic mining claims from Eagle Plains Resources within the La Ronge Gold Belt in Saskatchewan, Canada. The acquisition encompasses 16,245 hectares across four blocks adjacent to Trident's core high-grade gold assets.

The newly acquired properties are strategically located along a high-voltage power transmission line, approximately 30km NE of La Ronge. The claims have shown promising gold mineralization, with samples yielding up to 45.5 g/t Au. The purchase terms include a cash consideration of $14,370 and a 2% NSR royalty with a $1M buy-back option for 1%. Notably, Trident maintains a strong financial position with over $11.0M in cash and marketable securities.

Trident Resources (OTCQB:TRDTF) has launched its first 5,000-metre diamond drilling program at the Contact Lake Gold Project in Saskatchewan's La Ronge Gold Belt. This marks the first drilling campaign at the site in nearly 30 years, targeting the validation of historical mineralization and expansion of known gold zones.

The program will focus on high-priority zones, including the past-producing Contact Lake Mine, where historical drill intercepts showed significant results such as 12.81 g/t Au over 20.5m and a notable high-grade intersection of 2,616 g/t Au over 0.6m. Drilling operations will continue through fall 2025, with initial assay results expected later this year.

Trident Resources (OTCQB:TRDTF) has announced a significant 5,000-metre diamond drilling program at its Contact Lake Gold Project in Saskatchewan's La Ronge Gold Belt. The company, with CAD $11 million in cash and marketable securities, will execute 16 drill holes targeting the extension of gold mineralization at the former Cameco-operated mine site.

The Contact Lake mine historically produced 188,185 ounces of gold from 1994-1998, processing 1,006,673 tonnes of ore at 6.16 g/t Au with a 95% recovery rate. The drilling program will focus on the Bakos shear zone, which extends over 2 km and ranges from 15 to 40 metres in width, targeting areas between underground development and unmined BK3 zone resources.

Trident Resources (OTCQB: TRDTF) has announced a strategic acquisition of claims from Eagle Plains Resources within Saskatchewan's La Ronge Gold Belt. The company has acquired 100% interest in 16,245 hectares across four blocks that border its core high-grade gold assets.

The newly acquired properties feature multiple high-priority targets with documented gold showings yielding up to 45.5 g/t Au. The claims are advantageously located, being road-accessible and situated along a high-voltage power transmission line, approximately 30km NE of La Ronge.

Trident maintains a strong financial position with over $11.0M in cash and marketable securities. The acquisition terms include a cash consideration of $14,370 and a 2% NSR royalty with a $1M buy-back option for 1%.

Trident Resources (OTCQB:TRDTF) has announced its first-ever 5,000-metre drill program at the Contact Lake Gold Project in Saskatchewan's La Ronge Gold Belt. The historic site, untouched for nearly 30 years, previously produced 190,088 ounces of gold from 1.0 million tonnes at 6.16 g/t Au with a 95% recovery rate.

The fully-funded 16-hole program will commence in August 2025, targeting the past-producing Contact Lake Mine. The company is well-positioned with over $11 million in cash and marketable securities. Historical high-grade intercepts include impressive results such as 20.5m at 12.81 g/t Au and a notable single assay of 2,616 g/t Au over 0.6m.

Trident Resources (OTCQB: TRDTF) has signed an option agreement to acquire a 100% interest in a 6,902-hectare property adjacent to its Greywacke Gold Project in Saskatchewan's La Ronge Gold Belt. The acquisition terms include total payments of CAD $40,000, issuance of 50,000 common shares, and CAD $200,000 in exploration expenditures over four years.

The property shows promising exploration potential, with historical grab samples yielding up to 15.9 g/t gold and 2.68% copper at the Bornite Zone. Trident is well-positioned to execute its exploration plans with over CAD $11M in working capital. The deal includes a 0.5% net smelter returns royalty, half of which can be purchased for $250,000.

Trident Resources Corp. (TRDTF) has appointed Scott Broughton as Strategic Advisor, bringing over 35 years of global mining sector experience. Broughton's expertise spans mine development and minerals exploration, with notable work at firms like Stantec, BGC, and Klohn Crippen Berger. He has previously served as chair of the Mining Association of British Columbia and director of the Association of Mineral Explorers of BC.

Additionally, Trident has engaged two marketing firms: Plutus Invest and Consulting GmbH for a 12-month term at CAD $120,000, and Resource Stock Digest (RSD) for a 3-month program at USD $125,000. Both engagements aim to enhance investor awareness and are subject to TSX Venture Exchange acceptance.