お知らせ • Aug 06
Trident Resources Provides Exploration Update on La Ronge Gold Belt Properties
Trident Resources Corp. provided an update on the current drilling and field reconnaissance programs at their La Ronge Gold Belt Properties in Northern Saskatchewan. The current drill program at Contact Lake has completed nine drillholes for a total of 6,500m, with assays pending, of an anticipated 20,000m across approximately 35 drillholes. The program is building on successful fall 2025 and winter 2026 phases of drilling, which returned significant high-grade gold intercepts and further demonstrated the scale and potential of the Contact Lake system. The Main Zone (BK1) and Southwest Zone (BK2) represent former high-grade, past-producing areas of the historical Contact Lake Gold Mine, which was owned and operated by Cameco in the 1990s. Earlier this year, Trident’s drilling encountered high-grade gold mineralization in the BK3 Zone while more recently intersecting prospective zones at depths that now exceed 800m in the Bakos Shear Zone, the main host of mineralization at Contact Lake. This next phase of the 2026 summer/fall drill program will focus on discovering new gold mineralization at depth beneath BK1, extending mineralization along strike at BK2 to the southwest, and testing the continuity of high-grade gold between the BK1 and BK3 Zones to the northeast. Trident intends to advance its assets in the under-explored La Ronge Gold Belt through focused drilling, prospecting, surface sampling and geophysical surveys to unlock potentially immense value in an emerging gold-rich district. Trident’s large land package of 98,700 hectares within the La Ronge Gold Belt is strategically located to cover numerous mineral occurrences associated with the highly prospective boundary between the La Ronge and Kisseynew lithostructural domains, a compelling exploration target area that helps forms the thesis of Trident’s exploration strategy. Concurrent with the drill program at Contact Lake, Trident is conducting a comprehensive regional soil sampling program at Contact Lake and at the adjacent Preview target area, located 2.5km to the southeast on a parallel shear structure. Thus far 5,700 soil samples have been taken and sent for analysis from an anticipated 9,000 total samples. Soil sampling will cover a highly prospective and under-explored area immediately southwest of the Contact Lake deposit that hosts the structural intersection of the Bakos and Keya Shear Zones. At Preview, a soil grid comprised of 2,500 samples will provide valuable surface data along the Preview trend between the Preview SW and Preview North deposits, both of which host current Mineral Resource Estimates. In addition to the soil sampling program, Trident will be conducting regional prospecting to evaluate multiple documented gold occurrences across its entire La Ronge Gold Belt land package with the intention to develop near-term drill targets. Trident also plans to complete an extensive airborne magnetic and radiometric geophysical survey over their early-stage Reindeer property, which straddles the northern extension of the important La Ronge-Kisseynew lithostructural boundary. Upon completion of this program, Trident will have drilled more than 40,000 metres across the La Ronge Gold Belt since its founding just 16 months ago. With over 2.0 million ounces of gold already in a global resource outside of the Contact Lake target area, and a healthy treasury to fund all 2026 exploration plans, Trident is positioned to continue executing on the vision of proving up a new Canadian gold district. The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced approximately 190,000 ounces of gold at an average head grade of 6.16 g/t Au during active mining operations between 1994 to 1998. At the time of mine closure, the price of gold hovered around $300/oz and Cameco Corporation reported that substantial gold resources were left unmined. The Contact Lake Property also hosts the Preview SW, Preview North and the North Lake orogenic gold deposits. Along with the Greywacke North deposit (located by road 40km northeast of Contact Lake), these four deposits are wholly-owned by Trident Resources and host current Mineral Resource Estimates which do not include any gold-related ounces from the past-producing Contact Lake target area. The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Cornell McDowell, P.Geo., VP Exploration for Trident Resources and the Qualified Person for Trident as defined by NI 43-101.