Drill Results

Trident Resources Commences 10,000 Metre Winter Drilling Program at the Contact Lake Gold Project in the La Ronge Gold Belt of Saskatchewan

Trident Resources Leverages Hall-of-Fame Pedigree and High-Grade Discovery to Launch Aggressive 10,000-Metre Winter Campaign

By The Northwire Desk — AI Analysis Jan 15, 2026 · 03:30 ROCK · 3 Trident Resources Corp.

Executive Summary

The most recent news release (January 15, 2026) announces the commencement of a 10,000-metre winter diamond drilling program at the Contact Lake Gold Project in Saskatchewan. The program consists of approximately 40 holes designed to test historical zones and explore for extensions and new discoveries. The release also aggregates and reports assay results from the first 13 holes (CL25001 to CL25013) of the previous campaign, which include several high-grade intercepts such as 42.95 g/t Au over 2.55m (CL25005) and 7.89 g/t Au over 23.0m (CL25003). Management confirms that the company is in a strong financial position with over $12 million in cash and marketable securities, rendering the current 10,000-metre program fully funded.

Material Impact

While the news of "commencing drilling" is routine for an exploration company, the scale of the program (10,000 metres) and the confirmation of "fully funded" status is materially positive for project continuity.
The aggregation of holes CL25001–CL25013 provides a comprehensive view of the high-grade nature of the Bakos Shear Zone, confirming that the "Game Changer" results reported in November 2025 were not isolated incidents.
This release maintains the momentum generated by the January 14 filing of the updated Mineral Resource Estimate (MRE), which showed a 190% increase in Inferred gold ounces (to 1.13M oz) across four other deposits, notably excluding the Contact Lake project.
The company is effectively transitioning from a "shell-merger" story (Eros/MAS/Rockridge) to a high-grade discovery story. The material impact is a transition in the investor base toward those seeking district-scale development rather than mere speculative exploration.

ROCK · Price

Company Overview

Trident Resources was formed through a three-way amalgamation of Eros Resources, MAS Gold, and Rockridge Resources in early 2025. The flagship project is the Contact Lake Gold Project in the La Ronge Gold Belt, Saskatchewan. This is a past-producing high-grade mine (operated by Cameco in the 90s) that was shut down during a $300/oz gold environment. The project features the Bakos Shear Zone, which remains open along strike and at depth. Other assets include the Preview SW, Preview North, North Lake, and Greywacke deposits, which collectively host nearly 2 million ounces of gold (Indicated and Inferred).

Read the original news release →

Trident Resources Commences 10,000 Metre Winter Drilling Program at the Contact Lake Gold Project in the La Ronge Gold Belt of Saskatchewan

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Trident Resources Commences 10,000 Metre Winter Drilling Program at the Contact Lake Gold Project in the La Ronge Gold Belt of 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.