Trident Resources Commences Regional Structural Analysis of its La Ronge Gold Belt Properties in Saskatchewan with SRK Consulting
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
May 12, 2026
NEWS RELEASE
Trident Resources Commences Regional Structural Analysis of its
La Ronge Gold Belt Properties in Saskatchewan with SRK Consulting
Vancouver, BC, May 12, 2026 – Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF)
(“Trident” or the “Company”) is pleased to announce the commencement of a regional geological
structural analysis of available data on their La Ronge Gold Belt Properties in Saskatchewan. The
study will be completed by SRK Consulting and will help focus future exploration across the entire
Trident claim package.
Trident’s Regional Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1
Highlights:
• Phase 1 will be a GAP Analysis that focuses on available mapping, drilling, and
geochemical data, and any available reports. Also includes a high-level assessment of the
current geological interpretation and mineralization controls for orogenic gold.
• Phase 2 will consist of a Litho -Structural Interpretation of Airborne Magnetic Data. This
will be done with current advanced known technologies and knowledge.
• Program integrated with a three -year collaborative academic structural study with The
University of British Columbia.
• Following the completion of the structural geological interpretation, SRK will prepare a
summary report with maps and diagrams. A set of targeting criteria for the AOI will be
developed and a set of ranked targets will be produced to inform future exploration.
Jon Weisblatt, CEO and Director commented: “This survey represents an important advancement
in the Company’s exploration strategy and could play a key role in identifying other high-grade,
orogenic style deposit s within the broader property area. By applying modern geophysical
technologies and analytical methods unavailable to previous operators, the Company believes
the program has the potential to reveal mineralized systems that may have been overlooked in
past exploration campaigns within this historic mining camp.”
“The Company expects 2026 to be very active as exploration efforts continue to expand across
the project area. With multiple targets emerging and a growing understanding of the regional
geology, the next phase of work will focus on advancing priority areas and testing for additional
high-grade orebodies comparable to those that helped establish the Red Lake Camp as one of
the world’s highest grade mining camps. Trident remains fully funded with more than $28 M in its
treasury. Additionally, assay results from fifteen holes at Contact Lake an d eleven holes at the
Preview South deposit from the company’s winter drilling program remain pending and are
expected in the coming weeks.”
Overview of the Program:
The structural geological interpretation of the area of interest (AOI) project will focus on
understanding the geological history of the project and its relevance to gold mineralization by
examining: the geometry of rock fabrics (form line mapping) ; the distribution and generations of
faulting and shear zone development; the distribution and generations of folding; and an option is
also proposed to examine the distribution of lithological units.
Phase 1 will be a GAP A nalysis that focuses on available mapping, drilling, geochemical data,
and any available reports , as well as a h igh-level assessment of the current geological
interpretation and mineralization controls for orogenic gold. This high-level review of available
remote sensing data will include any available airborne magnetic, electromagnetic, radiometric
and elevation data (DEM and/or LiDAR). Data will be evaluated for quality and spatial coverage.
Both publicly available and proprietary data will be reviewed.
Phase 2 will consist of a Litho-Structural Interpretation of Airborne Magnetic Data . This will be
done with current advanced known technologies and knowledge. The scope of work includes a
desktop structural geological interpretation of airborne magnetic data to be supplied to SRK by
Trident, including:
o Proprietary, fixed wing aeromagnetic horizontal gradient and VLE-EM survey (75-
metre line spacing), acquired by Tundra Airborne Surveys in 2012, covering the
Preview, Komis, and Greywacke properties.
o Proprietary, ground magnetic and IP data, acquired by Bingham Geoscience in
2017 over the Preview SW deposit. Proprietary VTEM data acquired by Geotech
in 2018 over the Greywacke, Northlake, Point and Joe deposits.
o Proprietary IP and drone magnetic data acquired by Dias Geophysical in 2020 over
the Hailstone project. Publicly available, regional magnetic compilation data. Data
to be acquired from the Saskatchewan Geological Survey.
Following the completion of the structural geological interpretation, SRK will prepare a summary
report with maps and diagrams. A set of targeting criteria for the AOI will be developed and a set
of ranked targets will be produced to inform future exploration.
Collaborative PhD Research Initiative with University of British Columbia-Okanagan:
The Company has initiated a collaborative PhD research project with The University of British
Columbia Department of Earth and Environmental Sciences at UBC Okanagan to develop a
regional-scale structural model aimed at identifying the optimal settings for gold deposits across
the La Ronge Gold Belt and within Trident’s tenure area. The project is being undertaken in
collaboration with Dr. Tarryn Cawood and will integrate academic research with industry-focused
exploration objectives.
Dr. Cawood brings extensive global experience in mineral deposit formation and the effects of
deformation and metamorphism on base and precious metal mineral deposits. The initial
structural assessment to be provided by SRK Consulting will provide a strong technical foundation
for the research and support ongoing multidisciplinary collaboration between Trident Resources
and UBC-Okanagan researchers.
Ministerial Engagement:
The Company met last week with Saskatchewan’s Minister of Energy and Resources, the
Honourable Chris Beaudry, to discuss the province’s growing leadership in the Canadian mining
sector and the future development potential of the Contact Lake Gold Project. The meeting
highlighted Saskatchewan’s strong investment climate, stable regulatory framework, skilled
workforce, and supportive government approach, which continue to position the province as one
of the world’s most attractive jurisdictions for mineral exploration and development.
Trident also highlighted the significant long -term opportunity at the Contact Lake Gold Project,
including ongoing exploration activities, the advancement of priority targets and the project’s
potential to contribute to northern Saskatchewan’s economic gro wth and employment
opportunities. With Saskatchewan forecast to see continued growth in mineral exploration
spending and resource investment, the Company believes Contact Lake is well -positioned to
benefit from the province’s strong momentum in the mining sector. (2025 breaks records for
Saskatchewan’s mining industry | Globalnews.ca)
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 t he 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 development, exploration and acquisition 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
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., SVP Corporate Communications
Trident Resources Corp.
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: [email protected]
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RELEASE.
Forward-Looking Information and Statements
This news release contains “forward ‐looking information or statements” within the meaning of
applicable securities laws. All statements in this news release, other than statements of historical
facts, that address events or developments that the Company expects to occur, are forward -
looking statements, including statements related to the Agreement with Eagle Plains . 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 operate in the future, including the price
of metals, 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 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 and climate conditions, equipment failures, failure to obtain or
maintain all necessary government permits, approvals and authorizations, decrease in the price
of gold, copper and other metals, the impact of viruses and diseases on the Company’s ability to
operate, failure to obtain or maintain community acceptance (including First Nations), 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.