Drill Results

Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern Saskatchewan; Large Winter Drill Program Forthcoming

Trident Validates Contact Lake High-Grade Discovery as Continuity Confirmed Ahead of Major Winter Campaign

By The Northwire Desk — AI Analysis Jan 13, 2026 · 03:30 ROCK · 2.21 Trident Resources Corp.

Executive Summary

The news release dated January 13, 2026, announces high-grade gold assay results from the remaining holes of the inaugural drill program at the Contact Lake Gold Project in Saskatchewan. Key intercepts include 7.28 g/t Au over 15.0m (including 16.69 g/t Au over 6.0m) in hole CL25006, and a broad zone of 4.43 g/t Au over 39.5m in hole CL25007. The company reports that every hole drilled to date has intersected notable mineralization. Furthermore, Trident confirmed it is fully funded for an upcoming large-scale winter drill program, reporting a cash and marketable securities balance of more than $12 million CAD. Assays for holes CL25014 through CL25019 remain pending.

Material Impact

Confirms Continuity: This news is material as it confirms the high-grade results reported in November 2025 were not isolated "pocket" hits. The 39.5m intercept in CL25007 suggests significant width at depth, which is critical for resource building.
Resource Growth Potential: CEO Jon Wiesblatt explicitly noted that the Contact Lake target area was not included in the global Mineral Resource Estimate (MRE) announced in November 2025. These results provide the technical foundation to add a high-grade component to the existing 2.0-million-ounce gold inventory.
Operational Readiness: Maintaining a $12M treasury after a 20-hole program indicates disciplined capital management and/or successful liquidation of non-core assets (such as the $900k Lincoln Gold share sale).
Technical Validation: The presence of high-grade "lower zone" intercepts (42.95 g/t Au over 2.55m) validates the "Seabee-style" orogenic model management has been promoting.

ROCK · Price

Company Overview

Trident Resources was formed through the April 2025 merger of Eros Resources, MAS Gold, and Rockridge Resources. - Flagship Project: Contact Lake Gold Project, Saskatchewan. - Project History: A past-producing mine operated by Cameco (1994–1998) that produced ~188k oz Au at 6.16 g/t. It was shut down due to low gold prices (~$300/oz). - Other Assets: Greywacke Lake (Gold), Preview SW (Gold), and Knife Lake (Copper). The company controls a dominant land position in the La Ronge Gold Belt.

Read the original news release →

Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern Saskatchewan; Large Winter Drill Program Forthcoming

More from Trident Resources Corp.

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

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

Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern Saskatchewan; Large Winter Drill Program Forthcoming

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.