Trident Resources Intersects 41.46 g/t over 3.42m including 81.75 g/t over 1.73m in Hole CL26033 at the Contact Lake Project in 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
June 17, 2026
NEWS RELEASE
Trident Resources Intersects 41.46 g/t over 3.42m including 81.75 g/t over 1.73m in Hole
CL26033 at the Contact Lake Project in Saskatchewan
Vancouver, BC, June 17, 2026 – Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF)
(Frankfurt: 6BP0) (“Trident” or the “Company”) is pleased to announce assay results for the
final 7 (seven) diamond drill holes from the 2 026 winter drill program at the Contact Lake Gold
Project in northern Saskatchewan. All seven holes were drilled on winter ice into the BK3 Zone at
the Contact Lake target area and intersected high-grade gold mineralization further validating the
potential of the BK3 Zone to host substantial gold mineralization. Eleven (11) holes remain
unreported with assays pending from the Preview Lake deposit area located approximately three
kilometres from the Contact Lake target area.
Trident’s Regional Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1
These results from the BK3 Zone illustrate the robust characteristics of the mineralizing system
present at Contact Lake that has consistently returned high -grade gold horizons at surface and
at depth. The winter drill program has reinforced that the Contact Lake deposit is open for
expansion along strike in all directions and at depth. Trident has recently recommenced drilling at
the project with over 20,000 metres planned for this summer and fall.
Contact Lake Gold Property Map:
http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg
Highlights:
o Hole CL26033 returned 41.46 g/t gold (Au) over 3.42 metres (m) from 207.58m
▪ including 81.75 g/t Au over 1.73m from 208.67m
▪ including 179.5 g/t Au over 0.73m from 208.67m
o Hole CL26045 returned 5.43 g/t Au over 16.00m from 206.00m
▪ including 12.70 g/t Au over 6.25m from 215.75m
o Hole CL26047 returned 10.05 g/t Au over 9.30m from 221.00m
▪ including 156.50 g/t Au over 0.50m from 229.80m
o Hole CL26048 returned 6.78 g/t Au over 10.25m from 42.00m
▪ including 17.10 g/t Au over 3.40m from 50.60m
▪ including 112.50 g/t Au over 0.50m from 51.19m
Jon Weisblatt, Trident’s CEO and Director, commented "We are incredibly pleased with these
results from the Contact Lake winter drill program as all the holes intersected gold mineralization
and the program exceeded our expectations . The strength and continuity of the mineralization
we’re seeing confirms our belief that the Contact Lake target area is highly prospective within the
project area and within Trident’s entire portfolio. These results warrant much more drilling to test
the extension at depth and along strike. It should be noted that the Contact Lake Project is just
one of several sizeable projects in our portfolio as we systematically work towards unlocking the
regional potential in the La Ronge Gold belt looking to create Canada’s next mining camp.”
“The former Cameco mine produced approximately 200,000 ounces of gold at impressive grades
of 6 to 7 grams per tonne before closing in 1998, at which time gold prices were ~$300/oz. Our
early success clearly indicates that significant high-grade gold mineralization was left behind, and
modern exploration is quickly growing the size of these mineralized zones. The Company has
approximately $2 6 million in treasury and is fully funded for the 2026 summer program and
beyond, allowing us to advance the Contact Lake Gold P roject expeditiously with the current
+20,000m phase of drilling underway.”
Summary of Drilling:
The results from this release are from holes CL26033, CL26043, CL26044, CL26045, CL26046,
CL26047 and CL260 48. The holes targeted mineralization in the BK3 Zone, where se parate
splays of the Bakos Shear Zone display variably intense shearing and alteration with significant
gold mineralization present within the shear as well as in the hanging wall and the footwall of the
structure. The winter drill program at Contact Lake comprised 10,127m in 29 holes, all of which
reported notable intercepts of gold mineralization.
The summer 2026 drill program commenced with two drill rigs, drill equipment and personnel
presently on site for what is anticipated to be approximately 20,000m of additional drilling that will
test the Contact Lake deposit at depth and along strike toward the west.
Figure 1: Contact Lake Drill Collar Location Map
https://www.tridentresourcescorp.com/_resources/news/nr-20260617-fig1.jpg
Figure 2: Contact Lake Cross Section (Hole CL26033 and Hole CL26045)
https://www.tridentresourcescorp.com/_resources/news/nr-20260617-fig2.jpg
Figure 3: Core Photo for Hole CL 26045
https://www.tridentresourcescorp.com/_resources/news/nr-20260617-fig3.jpg
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 at Contact Lake Target Area
Hole ID From (m) To (m) Interval (m) Avg. Au (g/t)
CL26033 207.58 211.00 3.42 41.46
including 208.67 210.40 1.73 81.75
including 208.67 209.40 0.73 179.50
CL26043 95.50 99.00 3.50 4.27
including 97.50 99.00 1.50 8.49
CL26044 117.50 119.00 1.50 4.66
and 172.73 178.00 5.27 5.94
including 172.73 175.80 3.07 9.64
and 219.00 223.00 4.00 5.59
and 400.00 402.50 2.50 4.05
CL26045 78.00 119.00 41.00 2.45
including 83.75 89.00 5.25 7.41
including 83.75 87.00 3.25 9.95
including 94.75 102.00 7.25 5.19
including 99.25 102.00 2.75 11.72
and 206.00 222.00 16.00 5.43
including 215.75 222.00 6.25 12.70
CL26046 42.50 43.00 0.50 8.72
and 50.00 51.00 1.00 9.08
CL26047 60.00 65.00 5.00 5.69
and 106.95 108.45 1.50 16.99
including 107.45 107.95 0.50 44.00
and 221.00 230.30 9.30 10.05
including 229.80 230.30 0.50 156.50
including 227.00 230.30 3.30 27.64
CL26048 30.00 52.25 22.25 3.53
including 42.00 52.25 10.25 6.78
including 50.60 54.00 3.40 17.10
including 51.19 51.69 0.50 112.50
and 149.00 155.00 6.00 6.91
and 207.00 213.00 6.00 7.72
including 211.00 213.00 2.00 19.81
* True thickness of the shear structure is estimated to be between 69-76% of the drilled intercept. The orientation of
the shear structure varies along strike and down-dip. Hole CL26044 was drilled oblique to the structure so true width
has not been determined for this hole. Gold values are length-weighted averages.
Table 2: Drill Hole ID Contact Lake
Hole ID Easting Northing Azimuth Dip Depth (m) Elevation (m)
CL26033 508150 6141330 330 -65 262 391
CL26043 508105 6141325 330 -68 311 391
CL26044 508225 6141208 10 -60 452 391
CL26045 508130 6141383 338 -65 248 391
CL26046 508003 6141349 336 -65 217 391
CL26047 508049 6141330 330 -70 260 391
CL26048 508062 6141374 336 -65 251 391
* 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
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
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 developments 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 operate in the future,
including the price of uranium, the ability to achieve its goals, that general business and economic
conditions will not chang e 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 government permits, approvals and
authorizations, failure to obtain or maintain communi ty 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.