Trident Intersects 15.11 g/t Au over 51.83m from 256.0m in the BK3 Zone at the Contact Lake 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
April 29, 2026
NEWS RELEASE
Trident Intersects 15.11 g/t Au over 51.83m from 256.0m in the BK3 Zone
at the Contact Lake Gold Project, Saskatchewan
Vancouver, BC, April 29, 2026 – Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF)
(Frankfurt: 6BP0) (“Trident” or the “Company”) is pleased to announce assay results for 5
(five) diamond drill holes from the 2026 winter drill program at the Contact Lake Gold Project in
northern Saskatchewan. Hole CL26036 represents the best drill result to date by Trident and
returned high-grade gold values from a broad zone of variably sheared host rocks within and
adjacent to the Bakos Shear Zone.
Trident’s Regional Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1
All five holes were collared on the ice of Contact Lake to target gold mineralization in the BK3
Zone, an area located over 200m ENE along strike from the Contact Lake Main Zone . These
latest results demonstrate the mineralizing system at Contact Lake consistently delivers broad
mineralized intervals with well-developed high-grade cores. Gold mineralization at Contact Lake
is both laterally and vertically extensive and remains open in all directions.
Contact Lake Gold Property Map:
http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg
Highlights:
o Hole CL26036 returned 15.11 g/t gold (Au) over 51.83m from 256.00m
▪ including 14.60 g/t Au over 12.77m from 258.64m in the hanging wall
▪ including 20.69 g/t Au over 28.69m from 280.50m in the Bakos shear
▪ including two single assay results that returned 256.00 g/t Au over 0.55m
(from 258.64m) and 1055.00 g/t Au over 0.50m (from 307.33m)
o Hole CL26032 returned 5.07 g/t Au over 21.50m from 359.50m
o All holes reported intersected gold mineralization; assays are pending for fifteen
more holes from the Contact Lake program
o Winter drilling activity has now concluded with 29 holes complete; a dditional
upcoming drilling planned to start in late Spring
“Results thus far from the winter program at Contact Lake demonstrate significant continuity of
mineralization, support the scalability of the deposit, and indicate substantial remaining
exploration potential,” said Jon Wiesblatt, Trident’s Chief Executive Officer.
“The intercept reported in Hole CL 26036 represents a rare, high -grade result in Canadian gold
exploration. Results to date at Contact Lake are comparable in style and tenor to other significant
high-grade discoveries in Canada, including the Dixie Project in Red Lake and Eskay Creek in
British Columbia’s Golden Triangle. What makes these results particularly compelling is the fact
that mineralization remains open in all directions, highlighting the significant growth potential we
see across the system. We are seeing high -grade gold associated wit h multiple, parallel shear
zones in drilling which is exciting as the potential convergence of these zones at depth represents
an untested high-priority drill target.
Recent exploration success at Contact Lake is also beginning to demonstrate the broader
potential of the La Ronge Gold Belt, a historic gold -producing region in Canada that has seen
relatively limited modern, systematic exploration and sustained capital investment. Our approach
at Trident Resources is deliberate and methodical as we believe we have just scratched the
surface at Contact Lake . Rather than relying on selective sampling we routinely sample every
hole from top to bottom. This, combined with other new exploration strategies is providing a more
complete geological understanding and will better define the true scale and continuity of
mineralization.
The Company has approximately $30 million in treasury and is fully funded for 2026 and beyond,
allowing us to advance the project aggressively. With 1 5 additional holes pending from Contact
Lake, specifically targeting the high -grade BK3 zone, and a robust summer and fall program
upcoming, we believe there is considerable upside ahead as we continue to realize the potential
of this system.”
Summary of Drilling:
The results from this release are from holes CL26029, CL26031, CL26032, CL26034 and
CL26036. Hole CL26036 intersected high -grade gold mineralization in the hanging wall and
throughout the Bakos shear zone which measured over 75m in width. The hole targeted a down-
plunge extension of high-grade mineralization reported in historical hole TU90-148 and confirmed
that additional high -grade ore shoots with plunge continuity are likely present in the area. The
finalized assay numbers are pending for fifteen additional holes. The holes reported in this release
all targeted mineralization in the BK3 target zone, where the Bakos shear zone hosts gold in an
anastomosing network of variably sheared horizons. Significant gold mineralization is present in
the hanging wall above the main shear, within the Bakos shear zone and below in the weakly
altered footwall.
Contact Lake Drill Collar Location Map:
https://www.tridentresourcescorp.com/_resources/news/Contact-Lake-Drill-Collar-Location-
Map.png
Figure 1: Contact Lake – Cross Sections
https://www.tridentresourcescorp.com/_resources/news/20260429-Contact-Lake-Cross-
Sections.pdf
Figure 2: Contact Lake - Core Photo
http://www.tridentresourcescorp.com/_resources/news/20260429-core-images.pdf
Contact Lake Gold Project Overview:
The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past -
producing Contact Lake gold mine, which produced approx. 190,000 ounces of gold at an average
head grade of 6.16 g/t Au during active mining operations between 1994 to 1998. At the time of
mine closure, the price of gold hovered around $300/oz (USD) and Cameco Corporation reported
that substantial gold resources were left unmined. Situated in the highly prospective La Ronge
Gold Belt of Saskatchewan, the Contact Lake Property also hosts the Preview SW, Preview North
and the North Lake orogenic gold deposits.
Along with the Greywacke North deposit (located by road 40km northeast of Contact Lake), these
four deposits are wholly -owned by Trident Resources and host current Mineral Resource
Estimates (Trident news release November 24, 2025 ) which do not include any gold-related
ounces from the past-producing Contact Lake target area.
Quality Assurance and Quality Control:
All drill core is logged, photographed and cut in half with a diamond saw. Half of the core is placed
in sealed poly bags with unique identification numbers and transported to ALS Global in
Saskatoon, Saskatchewan for analysis, while the other half is arch ived and stored on site for
verification and reference purposes.
At the lab, samples are received and digitally recorded then dried and pulverized into a fine
powder. Gold is assayed using a 30g fire assay method and 49 additional elements are analyzed
by Inductively Coupled Plasma (ICP) utilizing a 4 -acid digestion. Secondary metallic screen
analyses are performed on select mineralized zones and all samples that return >3 g/t Au to
quantify the nugget effect of the gold mineralization. Quality Assurance and Quality Control
(QAQC) samples including field blanks, duplicates and lab-certified standards are inserted in the
sample stream at a rate of greater than 10% of all samples submitted to the lab. ALS Global also
conducts their own internal QAQC protocol.
Table 1: Drill Hole Assay Highlights Contact Lake (April, 2026)
Hole ID From (m) To (m) Width (m) Au (g/t) G-M
CL26029 227.80 249.25 21.45 1.54 33.11
CL26031 225.00 235.00 10.00 4.72 47.18
including 233.00 235.00 2.00 17.25 34.50
CL26032 239.00 243.00 4.00 3.64 14.56
and 359.50 381.00 21.50 5.07 108.90
including 359.50 369.00 9.50 10.62 100.88
including 359.50 362.00 2.50 37.82 94.55
CL26034 179.00 189.00 10.00 4.12 41.18
including 180.00 183.00 3.00 11.83 35.48
and 274.00 284.00 10.00 4.30 43.05
and 357.50 361.80 4.30 7.82 33.38
CL26036 256.00 307.80 51.83 15.11 783.08
including 258.64 259.19 0.55 256.00 140.80
including 258.64 271.41 12.77 14.60 186.50
including 258.64 262.50 3.86 46.50 179.47
including 280.50 309.19 28.69 20.69 593.56
including 307.33 307.83 0.50 1,055.00 527.50
* Widths are drilled intercepts, true widths have not been determined. Gold values are length-weighted averages.
Table 2: Drill Hole ID Contact Lake (April, 2026)
2026 Winter Program Drill Collar Data
Hole ID Easting Northing Azimuth Dip Depth (m) Elev. (m) Zone
CL26029 508095 6141351 336 -65 335 391 BK3
CL26031 508099 6141387 338 -65 266 391 BK3
CL26032 508194 6141226 338 -65 394 391 BK3
CL26034 508154 6141191 338 -65 425 391 BK3
CL26036 508131 6141131 335 -66 452 391 BK3
* UTM Zone 13 NAD 83
Qualified Person:
The technical information in this news release has been prepared in accordance with the
Canadian regulatory requirements set out in National Instrument 43 -101 and reviewed and
approved by Cornell McDowell, P.Geo., VP Exploration for Trident Resources and the Qualified
Person for Trident as defined by NI 43-101.
About Trident Resources Corp.
Trident Resources Corp. is a Canadian , public mineral exploration company listed on the TSX
Venture Exchange focused on the acquisition and development of advanced -stage gold and
copper exploration projects in Saskatchewan, Canada. The Company is aggressively advancing
its 100% owned Contact Lake and Greywacke Lake projects which host significant 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.
“Jon Wiesblatt”
Jonathan Wiesblatt
CEO and Director
For further information, please contact:
Jonathan Wiesblatt, Chief Executive Officer
Email: [email protected]
Or:
Andrew J. Ramcharan, PhD, P.Eng., SVP Corporate Communications
Email: [email protected]
Trident Resources Corp.
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
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ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF
THIS NEWS RELEASE.
Forward-Looking Information
This news release contains “forward ‐looking information or statements” within the meaning of
applicable securities laws, which may include, without limitation, completing ongoing and planned
work on its projects including drilling and the expected timing of such work programs, other
statements relating to the technical, financial and business prospects of the Company, its projects
and other matters. All statements in this news release, other than statements of historical facts,
that address events or develo pments that the Company expects to occur, are forward -looking
statements. Although the Company 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 may differ materially from those in the forward-looking statements.
Such statements and information are based on numerous assumptions regarding present and
future business strategies and the environment in which the Company will oper ate in the future,
including the price of uranium, the ability to achieve its goals, that general business and economic
conditions will not change in a material adverse manner, that financing will be available if and
when needed and on reasonable terms. Such forward-looking information reflects the Company’s
views with respect to future events and is subject to risks, uncertainties and assumptions,
including the risks and uncertainties relating to the interpretation of exploration results, risks
related to the inherent uncertainty of exploration and cost estimates and the potential for
unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at
www.sedarplus.ca. Factors that could cause actual results to differ materially from those in
forward looking statements include, but are not limited to, continued availability of capital and
financing and general economic, market or business conditions, adverse weather or c limate
conditions, failure to obtain or maintain all necessary govern ment permits, approvals and
authorizations, failure to obtain or maintain community acceptance (including First Nations),
decrease in the price of uranium and other metals, increase in costs, litigation, and failure of
counterparties to perform their contractual obligations. The Company does not undertake to
update forward‐looking statements or forward‐looking information, except as required by law.