Trident Resources to Commence Inaugural 5,000m Drill Program at Contact Lake High- Grade Gold Project, Saskatchewan
Suite 1030 – 505 Burrard Street, Vancouver, BC, Canada, V7X1M5
TSX-V: ROCK; OTCQB: TRDTF
Email: [email protected]
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
August 6th, 2025
NEWS RELEASE
Trident Resources to Commence Inaugural 5,000m Drill Program at Contact Lake High-
Grade Gold Project, Saskatchewan
Vancouver, BC, August 6th, 2025 – Trident Resources Corp. (TSX-V: ROCK) (OTCQB :
TRDTF) (“Trident” or the “Company”) is pleased to announce an upcoming fully-funded 5,000-
metre drill program at its high-grade Contact Lake Gold Project, located in the La Ronge Gold
Belt of Saskatchewan. This marks Trident’s first drill campaign and the first modern exploration
on the historic Contact Lake target in nearly 30 years. The 16-hole program will begin this month
as crews have begun to mobilize to the project.
Contact Lake Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1
Trident enters this program with over $11 million in cash and marketable securities, fully funding
this drill program and positioning the Company to act swiftly on future exploration opportunities
across its Saskatchewan portfolio.
“This inaugural drill program is a major milestone for Trident. We’re picking up where Cameco left
off - except now, gold trades at over 10x the price it did when they shut the mine. We’re fully
funded, highly motivated, and excited to unlock value at Contact Lake,” said Jonathan Wiesblatt,
CEO of Trident.
Contact Lake Gold Project Plan View:
https://www.tridentresourcescorp.com/_gallery/album-2/lg/ContactLakeGoldProject2.jpg
Drilling will target the heart of the past -producing Contact Lake Mine, following up on historical
high-grade intercepts including:
Contact Lake Gold Deposit - Historical Drill Intercepts
Hole ID From (m) To (m) Interval (m) Au (g/t) Description
TU89-125 56.0 76.5 20.5 12.81 length weighted average
TU89-127 39.5 57.8 18.3 10.41 length weighted average
TU90-146 205.3 205.9 0.6 2,616.00 single assay
TU92-316 138.3 138.8 0.5 94.06 single assay
Notes:
*Analytical data sourced from Cameco historical records
*Historical sampling was discontinuous - data gaps were assigned a zero value
*Intervals are drilled intercepts and do not reflect true thickness with true thickness unknown
Location Map of Planned Drill Holes:
http://www.tridentresourcescorp.com/_resources/images/Drill-Plan-NR-202508.jpg
Contact Lake Gold Project Highlights:
• Proven Past Production: 1.0 million tonnes milled at 6.16 g/t Au (190,088 oz gold
recovered, Cameco 1999)
• High Recovery: 95% life-of-mine mill recovery
• Untested Zones: Mineralization remains open along strike and at depth
• Historic Resource: Cameco internal estimate suggests significant gold remains
• Infrastructure Ready: Onsite power, highway access, and historic underground workings
Qualified Person:
The scientific and technical data contained in this news release was approved by Cornell
McDowell, P.Geo., a non -independent “qualified person” under the National Instrument 43 -101
Standards of Disclosure of Mineral Projects.
About Trident Resources Corp.:
Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX
Venture Exchange focused on the acquisition, exploration and development of advanced -stage
gold and copper exploration projects in Saskatchewan, Canada. The Company is advancing its
100% owned Contact Lake and Greywacke Lake projects which host significant historical gold
resources located within the prospective and underexplored La Ronge Gold Belt, as well as the
100% owned Knife Lake copper project which contains a historical copper resource.
To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company’s website
at www.tridentresourcescorp.com
Trident Resources Corp.
Jonathan Wiesblatt, Chief Executive Officer
Email: [email protected]
For further information contact myself or:
Andrew J. Ramcharan, PhD, P.Eng., Corporate Communications
Trident Resources Corp.
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: [email protected]
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.
Forward-Looking Information and Statements
This release includes certain statements that may be deemed to be "forward-looking statements".
All statements in this release, other than statements of historical facts, that address events or
developments that management of the Company expects, are forwa rd-looking
statements. Although management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those in the forward-
looking statements. The Company undertakes no obligation to update these forward -looking
statements if management's beliefs, estimates or opinions, or other factors, should change.
Factors that could cause actual result s to differ materially from those in forward -looking
statements, include market prices, exploration and development successes, regulatory approvals,
continued availability of capital and financing, and general economic, market or business
conditions. Pleas e see the public filings of the Company at www.sedarplus.ca for further
information.