Northwire Canada EditionSaturday, August 15, 2026
Northwire
ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
Drill Results

Trident starts 5,000 m drill program at Contact Lake

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Executive Summary

  • Trident Resources has begun a 5,000‑metre inaugural diamond drilling program at its flagship Contact Lake gold project in the La Ronge Gold Belt, Saskatchewan.
  • The Phase 1 drill campaign aims to confirm historic mineralization, expand known gold zones, and test new targets derived from modern geological interpretation.
  • Drilling is scheduled through fall 2025 with first assay results expected later in 2026; updates will be provided as data become available.

Key Details

  • Program Scope: 5,000 metres of diamond drilling (Phase 1) targeting high‑priority zones and historic drill holes.
  • Location: Contact Lake gold project, La Ronge Gold Belt, Northern Saskatchewan – the first drill campaign at the site in nearly 30 years.
  • Objectives:
  • Confirm historical mineralization.
  • Expand known gold zones.
  • Test newly defined targets from modern geological interpretation and fieldwork.
  • Timeline: Drilling to continue through fall 2025; first assay results anticipated later in 2026.
  • Management Commentary: CEO Jonathan Wiesblatt highlighted the program as a key step toward validating historic results and demonstrating expansion potential, positioning Contact Lake as a potential cornerstone asset in the district.
  • Qualified Person: Technical data approved by Cornell McDowell, P.Geo., non‑independent qualified person under NI 43‑101.

Notable Quotes

“Launching our first drill program at Contact Lake is an exciting step forward for Trident and our shareholders… we believe Contact Lake has the potential to become one of the more significant new gold projects in the La Ronge gold belt.” – Jonathan Wiesblatt, CEO, Trident Resources Corp.

Read the original news release →

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