Trident Resources files updated MRE report for La Ronge

Executive Summary

• Trident Resources filed an NI 43‑101 technical report confirming a 18% increase in indicated gold ounces and a 190% increase in inferred gold ounces across its four La Ronge deposits.
• Combined indicated resources now total 896,500 oz Au; combined inferred resources total 1,129,600 oz Au.
• A fully funded winter drilling program of at least 10,000 m has been mobilized for the Contact Lake project, which is expected to be a significant catalyst.

Key Details

• The updated MRE was prepared by Bird Resource Consulting Corp. (BRCC) and filed on SEDAR+ with an effective date of Nov 6 2025.
• Resource upgrade calculations used a gold price of US$2,600/oz (previously US$1,500‑$1,700/oz).
• Indicated resources: 896,500 total ounces across Preview SW, Preview North, Greywacke and North Lake deposits.
• Inferred resources: 1,129,600 total ounces across the same four deposits.
• Fall drilling at Contact Lake completed 13 of 19 holes; notable result from hole CL25003 – 7.03 g/t Au over 43.25 m, including 30.06 g/t Au over 9.25 m. (These results are not yet included in the MRE.)
• A minimum 10,000‑metre winter drilling program at Contact Lake has been announced; equipment and team mobilization have begun.
• Qualified Person: Cornell McDowell, P.Geo., Vice‑President of Exploration, reviewed and approved the technical information per NI 43‑101.

Notable Quotes

“This updated mineral resource estimate represents a meaningful step forward for Trident, demonstrating substantial growth in gold ounces and improved confidence across our La Ronge gold belt deposits.” – Jon Wiesblatt, CEO, Trident Resources

Materiality Assessment: Material – Positive (significant increase in both indicated and inferred resources and initiation of a funded drilling program that could materially affect future valuation).