Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Trident Intersects 1.32 g/t over 132.0m including 2.85 g/t over 40.3m from 22.0m Depth at its Preview SW Deposit, Located 2.5km Southeast of the Contact Lake Deposit, Confirming Both High-Grade and Bulk-Tonnage Potential of the La Ronge Gold Belt, Saskatc

Trident advances high-grade gold at Contact Lake, leveraging a $26m treasury and a 20,000m summer drill program.

By The Northwire Desk — AI Analysis Jun 23, 2026 · 03:15 ROCK · 4.18 Trident Resources Corp.
Executive Summary
  • Trident Resources Corp. announced inaugural assay results from 11 diamond drill holes (3,142m) completed during its 2026 winter program at the Preview South West (Preview SW) Deposit, located 2.5km southeast of the Contact Lake Deposit.
  • Key intercepts include 1.32 g/t Au over 132.0m (including 2.85 g/t Au over 40.32m and 101.00 g/t Au over 1.00m) in hole PR26004, and 1.53 g/t Au over 51.00m in hole PR26006.
  • The results confirm significant mineralization along the 7.0km Preview Trend, demonstrating both high-grade and bulk-tonnage potential.
  • The company has immediately launched a summer 2026 drill program targeting over 20,000m of additional drilling into the fall to expand the Contact Lake and Preview SW deposits.
  • Trident reports approximately $26 million in cash on the balance sheet, providing sufficient capital to execute the aggressive drilling program.
Material Impact
  • The June 23, 2026 drill results are a direct continuation of the highly successful fall 2025 and winter 2026 exploration campaigns. They validate the geological model established in prior announcements (e.g., April/May 2026 high-grade intercepts at Contact Lake and Preview SW).
  • The news is incremental and expected, as management had already announced the summer program and the company's financial capacity to fund it.
  • The results reinforce the district-scale potential of the La Ronge Gold Belt but do not introduce fundamentally new valuation drivers at this stage. The primary impact is the confirmation of exploration success, which supports the ongoing capital deployment and maintains investor interest.
  • No immediate change to the company's financial position or debt profile is noted; the $26M cash balance remains robust for the planned 20,000m program.
ROCK · Price
Company Overview
  • Trident Resources Corp. is building a district-scale gold camp in the La Ronge Gold Belt of Saskatchewan, Canada.
  • Flagship Project: Contact Lake Gold Project (~22,790 hectares). It is a past-producing mine operated by Cameco Corporation from 1994 to 1998, yielding ~190,000 ounces of gold at an average grade of 6.16 g/t. The mine closed when gold traded near US$300/oz, leaving substantial unmined resources.
  • Portfolio: Includes wholly-owned deposits such as Preview SW, Preview North, North Lake, and Greywacke. The company also holds options/interests in the Knife Lake Copper Project, Hailstone Project, and Reindeer Project.
  • Total land package: Approximately 98,700 hectares in the core La Ronge Gold Belt, expanding to ~160,300 hectares regionally.
  • Infrastructure: Road-accessible, with existing power, skilled workforce, and strong community support in a top-tier mining jurisdiction.
Read the original news release →

More from Trident Resources Corp.

Jun 17, 2026 · 03:15

Trident reports bonanza-grade intercepts at Contact Lake and is fully funded for a 20,000-metre summer drilling campaign.

Drill Results Jun 09, 2026 · 03:15

Trident Resources Announces Mobilization of Drill Crews and Equipment for the Summer 2026 Drill Program at the Contact Lake Gold Project, Saskatchewan

Drill Results May 27, 2026 · 03:15

Trident’s latest 17.88 g/t intercept at Contact Lake extends a growing high‑grade gold system, but the market has already priced in discovery; the next catalyst is a resource estimate that could consolidate the district’s potential.

Drill Results May 12, 2026 · 08:00

Trident Resources Advances Structural Modeling While Assay Results Await; Cash Position Remains Robust

Production / Operations May 01, 2026 · 17:00

Trident Resources Capitalizes on High-Grade Drilling Momentum with Warrant Exercise and Strategic Marketing Push

Financings Apr 29, 2026 · 03:15

Trident Resources Drills 1,055 g/t Gold at Contact Lake as Treasury Buoyancy Supports District-Scale Ambitions

Drill Results