Trident Resources Commences 5,000 Metre Inaugural Drilling Program at Contact Lake Gold Project, La Ronge Gold Belt, Saskatchewan

Rhea-AI Summary

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.

Positive

• First drilling program in 30 years at a historically productive gold mining region
• Historical high-grade gold intercepts including 2,616 g/t Au over 0.6m indicate significant mineralization potential
• Project located in the prolific La Ronge Gold Belt with district-scale growth opportunities

Negative

• Results from historical drilling may not be representative of actual mineralization
• True thickness of mineralization is unknown, adding uncertainty to historical results

News Market Reaction

+0.33%

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+0.33% News Effect

On the day this news was published, TRDTF gained 0.33%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, BC, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) (“Trident” or the “Company”) is pleased to announce the commencement of its inaugural 5,000 metre diamond drilling program at the Company’s flagship Contact Lake Gold Project, located in the prolific La Ronge Gold Belt of northern Saskatchewan.

Contact Lake Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1

This marks the first drill campaign at Contact Lake in nearly 30 years and represents an important milestone for Trident as it begins to unlock the potential of one of the region’s most prospective underexplored gold projects. The program has been designed to confirm historical mineralization, expand known gold zones, and test newly defined targets generated through modern geological interpretation and fieldwork.

Drill Program Overview:

The Phase 1 drill program will consist of 5,000 metres, targeting high-priority zones and confirmation of historical data.

Location Map of Planned Drill Holes:
http://www.tridentresourcescorp.com/_resources/images/Drill-Plan-NR-202508.jpg

Expansion Potential:

Contact Lake has a long history of gold exploration yet remains largely underexplored by contemporary methods. The La Ronge Gold Belt hosts several past-producing mines and advanced gold deposits, and management believes Contact Lake has strong potential to evolve into a cornerstone asset with district-scale growth opportunities.

Jonathan Wiesblatt, CEO of Trident Resources, commented: “Launching our first drill program at Contact Lake is an exciting step forward for Trident and our shareholders. This 5,000 metre program is designed not only to validate historical results but also to demonstrate the expansion potential at the project. 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.”

Next Steps:


Drilling is expected to continue through fall 2025, with first assay results anticipated later this year. The Company will provide updates as results become available. Drilling will target past-producing Contact Lake Mine, following up on historical high-grade intercepts including:

Contact Lake Gold Deposit - Historical Drill Intercepts
Hole ID	From (m)	To (m)	Interval (m)	Au (g/t)	Description
TU89-125	56.0	76.5	20.5	12.81	length weighted average
TU89-127	39.5	57.8	18.3	10.41	length weighted average
TU90-146	205.3	205.9	0.6	2,616.00	single assay
TU92-316	138.3	138.8	0.5	94.06	single assay
Notes: *Analytical data sourced from Cameco historical records *Historical sampling was discontinuous - data gaps were assigned a zero value *Intervals are drilled intercepts and do not reflect true thickness with true thickness unknown

Qualified Person:

The scientific and technical data contained in this news release was approved by Cornell McDowell, P.Geo., a non-independent “qualified person” under the National Instrument 43-101 Standards of Disclosure of Mineral Projects.

About Trident Resources Corp.:

Trident Resources Corp. 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% 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% owned Knife Lake copper project which contains a historical copper resource.

To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company’s website at www.tridentresourcescorp.com 

Trident Resources Corp.

Jonathan Wiesblatt, Chief Executive Officer
Email: Jon.Wiesblatt@tridentresourcescorp.com

For further information contact myself or:
Andrew J. Ramcharan, PhD, P.Eng., Corporate Communications

Trident Resources Corp.
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@tridentresourcescorp.com


NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Forward-Looking Information and Statements

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements.  Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.ca for further information.

FAQ

What is the size of Trident Resources' (TRDTF) drilling program at Contact Lake?

Trident Resources is conducting a 5,000-metre diamond drilling program at the Contact Lake Gold Project.

When will Trident Resources release the first drilling results from Contact Lake?

The company expects to release the first assay results later in 2025, as drilling continues through fall 2025.

What were the historical gold grades at Contact Lake?

Historical drill intercepts included 12.81 g/t Au over 20.5m, 10.41 g/t Au over 18.3m, and a high-grade intersection of 2,616 g/t Au over 0.6m.

Where is the Contact Lake Gold Project located?

The Contact Lake Gold Project is located in the La Ronge Gold Belt of northern Saskatchewan, Canada.

What are the main objectives of Trident's drilling program at Contact Lake?

The program aims to confirm historical mineralization, expand known gold zones, and test newly defined targets generated through modern geological interpretation and fieldwork.