Tillkännagivande • May 13
Trident Resources Corp. Commences Regional Structural Analysis of La Ronge Gold Belt Properties Trident Resources Corp. announced the commencement of a regional geological structural analysis of available data on their La Ronge Gold Belt Properties in Saskatchewan. The study will be completed by SRK Consulting and will help focus future exploration across the entire Trident claim package. Phase 1 will be a GAP Analysis that focuses on available mapping, drilling, and geochemical data, and any available reports. Also includes a high-level assessment of the current geological interpretation and mineralization controls for orogenic gold. Phase 2 will consist of a Litho-Structural Interpretation of Airborne Magnetic Data. This will be done with current advanced known technologies and knowledge. Program integrated with a three-year collaborative academic structural study with The University of British Columbia. Following the completion of the structural geological interpretation, SRK will prepare a summary report with maps and diagrams. A set of targeting criteria for the AOI will be developed and a set of ranked targets will be produced to inform future exploration. The Company expects 2026 to be very active as exploration efforts continue to expand across the project area. With multiple targets emerging and a growing understanding of the regional geology, the next phase of work will focus on advancing priority areas and testing for additional high-grade orebodies comparable to those that helped establish the Red Lake Camp as one of the world’s highest grade mining camps. Trident remains fully funded with more than $28 million in its treasury. Additionally, assay results from fifteen holes at Contact Lake and eleven holes at the Preview South deposit from the company’s winter drilling program remain pending and are expected in the coming weeks. The structural geological interpretation of the area of interest (AOI) project will focus on understanding the geological history of the project and its relevance to gold mineralization by examining: the geometry of rock fabrics (form line mapping); the distribution and generations of faulting and shear zone development; the distribution and generations of folding; and an option is also proposed to examine the distribution of lithological units. Phase 1 will be a GAP Analysis that focuses on available mapping, drilling, geochemical data, and any available reports, as well as a high-level assessment of the current geological interpretation and mineralization controls for orogenic gold. This high-level review of available remote sensing data will include any available airborne magnetic, electromagnetic, radiometric and elevation data (DEM and/or LiDAR). Data will be evaluated for quality and spatial coverage. Both publicly available and proprietary data will be reviewed. Phase 2 will consist of a Litho-Structural Interpretation of Airborne Magnetic Data. This will be done with current advanced known technologies and knowledge. The scope of work includes a desktop structural geological interpretation of airborne magnetic data to be supplied to SRK by Trident, including: Proprietary, fixed wing aeromagnetic horizontal gradient and VLE-EM survey (75-metre line spacing), acquired by Tundra Airborne Surveys in 2012, covering the Preview, Komis, and Greywacke properties. Proprietary, ground magnetic and IP data, acquired by Bingham Geoscience in 2017 over the Preview SW deposit. Proprietary VTEM data acquired by Geotech in 2018 over the Greywacke, Northlake, Point and Joe deposits. Proprietary IP and drone magnetic data acquired by Dias Geophysical in 2020 over the Hailstone project. Publicly available, regional magnetic compilation data. Data to be acquired from the Saskatchewan Geological Survey. Following the completion of the structural geological interpretation, SRK will prepare a summary report with maps and diagrams. A set of targeting criteria for the AOI will be developed and a set of ranked targets will be produced to inform future exploration. The Company has initiated a collaborative PhD research project with The University of British Columbia Department of Earth and Environmental Sciences at UBC Okanagan to develop a regional-scale structural model aimed at identifying the optimal settings for gold deposits across the La Ronge Gold Belt and within Trident’s tenure area. The project is being undertaken in collaboration with Dr. Tarryn Cawood and will integrate academic research with industry-focused exploration objectives. The initial structural assessment to be provided by SRK Consulting will provide a strong technical foundation for the research and support ongoing multidisciplinary collaboration between Trident Resources and UBC-Okanagan researchers. The Company met last week with Saskatchewan’s Minister of Energy and Resources, the Honourable Chris Beaudry, to discuss the province’s growing leadership in the Canadian mining sector and the future development potential of the Contact Lake Gold Project. The meeting highlighted Saskatchewan’s strong investment climate, stable regulatory framework, skilled workforce, and supportive government approach, which continue to position the province as one of the world’s most attractive jurisdictions for mineral exploration and development. Trident also highlighted the significant long-term opportunity at the Contact Lake Gold Project, including ongoing exploration activities, the advancement of priority targets and the project’s potential to contribute to northern Saskatchewan’s economic growth and employment opportunities. With Saskatchewan forecast to see continued growth in mineral exploration spending and resource investment, the Company believes Contact Lake is well-positioned to benefit from the province’s strong momentum in the mining sector. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CA$3.73, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 16x in the Metals and Mining industry in Canada. Total returns to shareholders of 578% over the past three years. New Risk • May 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 82% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (82% accrual ratio). Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Revenue is less than US$1m. Tillkännagivande • May 01
Trident Resources Corp Reports Assay Results For Diamond Drill Holes At Contact Lake Gold Project Trident Resources Corp. announced assay results for 5 (five) diamond drill holes from the 2026 winter drill program at the Contact Lake Gold Project in northern Saskatchewan. Hole CL26036 represents the best drill result to date by Trident and returned high-grade gold values from a broad zone of variably sheared host rocks within and adjacent to the Bakos Shear Zone. All five holes were collared on the ice of Contact Lake to target gold mineralization in the BK3 Zone, an area located over 200m ENE along strike from the Contact Lake Main Zone. These latest results demonstrate the mineralizing system at Contact Lake consistently delivers broad mineralized intervals with well-developed high-grade cores. Gold mineralization at Contact Lake is both laterally and vertically extensive and remains open in all directions. Hole CL26036 returned 15.11 g/t gold (Au) over 51.83m from 256.00m, including 14.60 g/t Au over 12.77m from 258.64m in the hanging wall, including 20.69 g/t Au over 28.69m from 280.50m in the Bakos shear, including two single assay results that returned 256.00 g/t Au over 0.55m (from 258.64m) and 1055.00 g/t Au over 0.50m (from 307.33m). Hole CL26032 returned 5.07 g/t Au over 21.50m from 359.50m. All holes reported intersected gold mineralization; assays are pending for fifteen more holes from the Contact Lake program. Winter drilling activity has now concluded with 29 holes complete; additional upcoming drilling planned to start in late Spring. New Risk • Apr 26
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$120k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (38% accrual ratio). Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$120k sold). Market cap is less than US$100m (CA$110.1m market cap, or US$80.6m). Tillkännagivande • Apr 22
Trident Resources Corp. (TSXV:ROCK) completed the acquisition of 7 individual mineral dispositions in Northern Saskatchewan, Canada from Eagle Plains Resources Ltd. (TSXV:EPL). Trident Resources Corp. (TSXV:ROCK) signed a mineral property purchase and sale agreement to acquire 7 individual mineral dispositions in Northern Saskatchewan, Canada from Eagle Plains Resources Ltd. (TSXV:EPL) for CAD 5000 on February 26, 2026. A cash consideration of CAD 5000 will be paid by Trident Resources Corp.
The transaction is subject to approval by the TSX Venture Exchange Inc. As of April 21, 2026, the transaction has been approved by the TSX Venture Exchange Inc.
Trident Resources Corp. (TSXV:ROCK) completed the acquisition of 7 individual mineral dispositions in Northern Saskatchewan, Canada from Eagle Plains Resources Ltd. (TSXV:EPL) on April 21, 2026