Drill Results
Trident begins mapping, sampling in Saskatchewan

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Executive Summary
- Trident Resources has launched a geological mapping and geochemical sampling program at its 100 % owned Greywacke and Hailstone properties in Saskatchewan to expand known gold showings and support future drill targeting.
- The Greywacke property hosts historical mineral resources of 101,000 oz (indicated) and 54,000 oz (inferred) of gold, with multiple adjacent showings identified for further work.
- The company is fully funded with over $12.5 million in treasury and has expanded its Contact Lake drill program to >6,500 m across 18‑20 holes, anticipating significant news flow in the coming months.
Key Details
- Program Scope: Geological mapping and geochemical sampling at Greywacke and Hailstone properties; focus on identifying new targets for future drilling.
- Historical Resources (Greywacke – 2021):
- Indicated: 101,000 oz Au @ 4.90 g/t
- Inferred: 54,000 oz Au @ 4.24 g/t
- Key Showings on Greywacke Trend: Lyons Zone, Hoover Lake, Wasp Lake, Closure Lake, Shandy Lake – all hosted in biotite arenite units with disseminated sulfides and visible gold.
- Hailstone Property: Recently optioned to acquire 100 % interest; initial work to commence concurrently with Greywacke program.
- Contact Lake Drill Program: Expanded from 5,000 m to >6,500 m across 18‑20 holes based on promising early visual mineralization.
- Funding Status: Treasury balance exceeds $12.5 million, providing sufficient capital for the outlined exploration activities.
- Future Outlook: Expect “ample news flow” from upcoming drill results, technical report updates related to ongoing MRE work, and continued property consolidation in the La Ronge gold belt.
Notable Quotes
“The La Ronge gold belt is underexplored and has the potential to host multiple multimillion‑ounce gold deposits… Greywacke is particularly promising and could quickly grow in size with minimal drilling.” – Jonathan Wiesblatt, CEO
“Further, we expect ample news flow in the coming months from this drill program, technical report updates … and continued consolidation of properties in this prolific gold district.” – Jonathan Wiesblatt, CEO
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Aug 05, 2026 · 03:30