Drill Results

Trident Intersects 5.73 g/t Au over 15.0m including 9.35 g/t Au over 7.0m and 15.05 g/t Au over 2.0m Below Historical Mining Infrastructure at the Contact Lake Gold Project in Northern Saskatchewan

Trident Hits High-Grade Paydirt at Depth as Contact Lake Discovery Successfully Mimics Seabee Model

By The Northwire Desk — AI Analysis Jan 20, 2026 · 03:30 ROCK · 3.49 Trident Resources Corp.

Executive Summary

The most recent news release (January 20, 2026) announces final results from the 2025 drill program and the commencement of a 10,000-metre winter 2026 program at the Contact Lake Gold Project. Key highlights include hole CL25017, which intersected 5.73 g/t Au over 15.0m (including 15.05 g/t over 2.0m) at depths significantly below the historical Cameco mine workings. The 2025 program completed 6,838 metres of the originally planned 10,000 metres. The new winter program is already underway with 40 holes planned to test both historical zones and new discovery targets.

Material Impact

The news is Material - Positive. It validates the "Seabee Mine" geological analog that management has been promoting. The significance of finding high-grade mineralization below historical infrastructure (developed in a $300/oz gold environment) suggests that the Contact Lake system has the vertical continuity required for a major deposit. - Validation of Depth: Intersecting 5.73 g/t Au at nearly 500m depth confirms the system is not "bottomed out" at the old mine levels. - Operational Continuity: Transitioning immediately into a 10,000m winter program indicates the company is moving aggressively and is well-funded ($14M+ cash/securities). - Resource Potential: Crucially, the current 2-million-ounce Mineral Resource Estimate (MRE) does not yet include Contact Lake. These results suggest a massive potential addition to the global resource in the next update.

ROCK · Price

Company Overview

Trident Resources was formed through the April 2025 three-way merger of Eros Resources, MAS Gold, and Rockridge Resources. - Flagship Project: Contact Lake Gold Project (Saskatchewan), a past-producing mine (Cameco, 1994-1998) that produced ~190k oz at 6.16 g/t. - Regional Assets: Holds a dominant position in the La Ronge Gold Belt including the Preview SW, North Lake, and Greywacke deposits. - Global Resource: ~896k oz Indicated and ~1.1M oz Inferred gold across four regional deposits (excluding Contact Lake).

Read the original news release →

Trident Intersects 5.73 g/t Au over 15.0m including 9.35 g/t Au over 7.0m and 15.05 g/t Au over 2.0m Below Historical Mining Infrastructure at the Contact Lake Gold Project in Northern Saskatchewan

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Trident Intersects 5.73 g/t Au over 15.0m including 9.35 g/t Au over 7.0m and 15.05 g/t Au over 2.0m Below Historical Mining Infrastructure at the Contact Lake Gold Project in Northern Saskatchewan

More from Trident Resources Corp.

Trident divests the non-core Knife Lake copper asset to Apogee to sharpen focus on its high-grade La Ronge gold camp.

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

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

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

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.

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

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.