Trident Resources Announces Option Agreement to Acquire Up to 100% Interest in Reindeer 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
September 9th, 2025
NEWS RELEASE
Trident Resources Announces Option Agreement to Acquire Up to 100% Interest in
Reindeer Project, Saskatchewan
Vancouver, BC, September 9th, 2025 – Trident Resources Corp. (TSX-V: ROCK) (OTCQB:
TRDTF) (“Trident” or the “ Company”) is pleased to announce that it has entered into an arm’s
length property option agreement (the “ Agreement”) dated September 8, 2025 with Reinco
Exploration Limited (“Reinco”), pursuant to which Trident may acquire up to a 100% interest in
the Reindeer Project (the “Property”), located near Southend, Saskatchewan.
Reindeer Project Location Map:
https://www.tridentresourcescorp.com/_resources/news/Reindeer_Project_Map_08_2025.png
The Reindeer Project consists of 10 contiguous mineral claims totaling 26,910 hectares in
northern Saskatchewan. The Property lies along the contact between the La Ronge and
Kisseynew Domains of the Trans-Hudson Orogen, a prolific geological belt hosting multiple gold
and base metals deposits. Importantly, the Property is cut by three strands of the Tabbernor Fault
system, a major crustal structure that also hosts the Seabee Gold operations (with more than 2
million ounces of cumulative gold production).
The Property is located near Highway 905, which services Cameco and Orano’s uranium
operations at Rabbit Lake, McClean Lake, and Cigar Lake. The claims are in good standing until
at least October 2027 and are not subject to any royalties.
Acquisition Highlights:
• Large 26,910-hectare land package in a proven mining jurisdiction with excellent access
• Located along the Tabbernor Fault system, associated with multiple gold deposits
including SSR Mining’s Seabee Mine.
• Strategic land package that connects Trident’s Knife Lake Project with its recently acquired
Greywacke Project (via merger with MAS Gold and Eros Resources in January 2025),
creating a consolidated exploration corridor.
• Provides Trident with the ability to explore and advance both adjacent projects in an
efficient, cost-effective manner.
• Historical work has identified multiple gold, copper, zinc, and silver showings in rock
samples including: Discovery Au Showing (0.16 –0.60 oz/t Au in g rab samples,
Saskatchewan Mineral Deposit Index, “SMDI”, 0501), Rosie Showings (up to 0.77% Cu,
0.20% Zn and 0.061 oz/t Au in grab samples, SMDI 0504)
• Numerous untested EM conductors across the property remain highly prospective for new
potential discoveries.
• Underexplored despite proximity to producing and past-producing mines.
Regional Geology Project Map:
https://www.tridentresourcescorp.com/_resources/news/Reindeer_Reigonal_Geology_08_2025.
png
Jonathan Wiesblatt, Chief Executive Officer of Trident, commented: “The Reindeer Project
represents our largest land acquisition to date and another exciting addition to our Saskatchewan
portfolio. With nearly 27,000 hectares of highly prospective ground along a major gold -bearing
fault system, we see tremendous opportunity for both gold and base metals discoveries. Equally
important, the acquisition creates a strategic connection between our Knife Lake and Greywacke
projects, which remains our current focu s, enabling us to advance exploration across a
consolidated land position in an efficient and synergistic way. This transaction is consistent with
our strategy of building a dominant exploration portfolio in the La Ronge Gold Belt in
Saskatchewan.”
Agreement Terms:
Under the terms of the Agreement, Trident may acquire up to a 100% interest in the Property
through staged payments and share issuances as follows:
1. First Option (50% interest): $35,000 in cash and 1,000,000 common shares of Trident (the
“Shares”) on closing.
2. Second Option (75% interest): An additional 500,000 Shares on or before the first
anniversary of closing.
3. Third Option (100% interest): An additional 500,000 Shares on or before the second
anniversary of closing.
If Trident exercises less than the full 100% earn-in, the parties will form a joint venture to further
advance the Property. The shares are subject to a statutory hold period of four months and one
day from issuance. No finder’s fees are payable pursuant to the Agreement. The Agreement
remains subject to the approval of the TSX Venture Exchange.
Qualified Person:
The scientific and technical data contained in this news release was reviewed and approved by
Cornell McDowell, P.Geo., a non-independent “qualified person” under the National Instrument
43-101 Standards of Disclosure of Mineral Projects. Mineralization hosted on nearby properties
is not necessarily indicative of mineralization that may be hosted on the Property.
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.