**Trident Resources Unveils Promising Results from Contact Lake, Advances 10,000m Winter Drill Program**
Trident Resources Corp. (OTCQB: TRDTF) has announced the completion of its 2025 Contact Lake drilling program, with initial results pointing to significant gold mineralization extending to depths beyond historical mining limits. The company has concurrently launched a fully funded 10,000-meter winter 2026 drill program, signaling robust confidence in the project’s untapped potential.
Key intercepts from the recently concluded program include a notable 5.73 grams per tonne of gold (g/t Au) over 15.0 meters in hole CL25017, which itself contains higher-grade sub-intervals of 9.35 g/t Au over 7.0 meters and 15.05 g/t Au over 2.0 meters. Another significant intersection was reported in hole CL25016, yielding 2.62 g/t Au over an impressive 37.44 meters, also featuring higher-grade zones.
These results are particularly encouraging as they demonstrate mineralization extending to depths of at least 668 meters downhole, significantly below the approximate 340-meter vertical depth reached by historical mining operations. The Contact Lake property, historically producing around 190,000 ounces of gold at an average grade of 6.16 g/t Au, is now being explored with a renewed focus on its deep-seated potential. It’s important to note that the reported widths represent drilled intercepts, and true widths are yet to be determined.
“These results are very important for Trident as they clearly demonstrate the potential to significantly expand gold mineralization at depth, well below the historical mine workings developed by Cameco in the 1990s,” stated Jon Wiesblatt, CEO of Trident Resources. “These first few deeper holes illustrate the discovery potential beneath the old infrastructure and reinforce our belief that Contact Lake is a large, robust orogenic gold system with the capacity to evolve into a world-class, high-grade deposit, similar to those at other major greenstone gold camps in Canada. Advancing exploration at depth will remain a key priority for the Company, and these results provide strong validation for the follow-up drilling planned in our ongoing programs at the project.”
The historical context of the Contact Lake mine, which ceased operations in 1998 amidst a low gold price environment, presents a compelling opportunity. With gold prices now substantially higher, previously uneconomic zones and deeper extensions of the mineralization may become viable. This scenario is not uncommon in the mining industry, where shifts in commodity prices can unlock significant value in established mining districts. The proximity of Contact Lake to other productive gold operations in Canada’s greenstone belts further bolsters the geological argument for its potential.
The company’s strategic approach involves systematically exploring and drilling these deeper zones, alongside testing extensions of historically identified, but unmined, resources. The commencement of the 10,000-meter winter 2026 drill program, which is fully funded, underscores Trident’s commitment to aggressively unlocking the full value of the Contact Lake property. This program will utilize two drill rigs, aiming for efficient and comprehensive coverage of the target areas.
The detailed drill hole results, presented in the accompanying table, provide a granular view of the mineralization encountered. Beyond the headline figures, the presence of multiple high-grade sub-intervals within broader zones suggests a complex and potentially robust mineralizing system. While some intersections show intermittent mineralization, the consistent intersection of gold mineralization across various targets validates the geological model and the exploration strategy.
From a technical perspective, understanding the structural controls on gold mineralization, particularly the Bakos Shear Zone and its associated hanging wall and footwall mineralization, will be crucial for future resource definition. The company’s exploration team is systematically mapping and sampling to refine their understanding of these controls, which will inform subsequent drilling campaigns and resource modeling. The commitment to drilling intercepts at depths significantly below prior mining levels addresses the common challenge of finding new ounces in mature mining districts.
The Contact Lake Gold Project encompasses approximately 22,790 hectares and includes the past-producing mine, which yielded about 190,000 ounces of gold. Situated within the highly prospective La Ronge Gold Belt of Saskatchewan, the property also hosts other identified gold deposits. Trident Resources currently holds a 100% interest in these assets. The company’s exploration strategy is guided by a rigorous quality assurance and quality control (QAQC) program, ensuring the reliability of the reported assay results.
This development positions Trident Resources as a company actively working to delineate and expand significant gold resources. The ongoing winter program is expected to provide further insights into the economic viability and potential scale of the Contact Lake deposit, a critical factor for investors assessing the company’s long-term prospects in the dynamic gold mining sector.
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