Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern Saskatchewan; Large Winter Drill Program Forthcoming
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
January 13th, 2026
NEWS RELEASE
Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as
well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern
Saskatchewan; Large Winter Drill Program Forthcoming
Vancouver, BC, January 13th, 2026 – Trident Resources Corp. (TSXV: ROCK) (OTCQB:
TRDTF) (“Trident” or the “ Company”) is pleased to announce additional positive diamond drill
results from a further ten holes during its autumn 2025 drill program at the Contact Lake Project.
To date, the company has released assay results from thirteen holes out of the total nineteen
holes drilled. The holes that are reported in this release were all collared northeast of the existing
underground mine infrastructure to test for lateral extensions of the gold mineralization at
relatively shallow depths. Holes CL25014 to CL25019 tested the extension of the mineralization
below the known mine workings and assays are pending. Additionally, the Company is mobilizing
for a major follow-up winter drill program which will commence soon.
Highlights:
- The first thirteen holes in Trident’s inaugural drill program at Contact Lake all intersected
substantial gold mineralization within broad zones of shearing and alteration at relatively shallow
depths
- Hole CL25006 returned 7.28 g/t gold over 15.0m from 272.0m including 16.69 g/t Au over
6.0m from 272.0m
- Hole CL25007 returned 4.43 g/t Au over 39.5m from 329.5m including 5.76 g/t gold over
15.5m and 9.43 g/t Au over 6.0m from 329.5m
- Hole CL25005 returned 5.66 g/t gold over 5.94m from 100.06m including 42.95 g/t gold over
2.55m from 142.0m
- Hole CL25008 returned 7.41 g/t gold over 6.0m from 139.0m
- Sizeable, fully-funded winter drill program to commence shortly at Contact Lake
Jon Wiesblatt, CEO of Trident Resources, stated: “These results continue to validate Contact
Lake as a high -grade orogenic gold system with blue -sky upside. Every drill hole thus far has
intersected notable mineralization including several holes with very high -grades over wide
intercepts. The drilling has tested zones outside the historical mine footprint at the past-producing
Cameco operation which underscores the scale and potential that remains untapped. Our team
believes this will add significantly to the recent resource estimate announced by the Com pany
especially given the Contact Lake target area was not included in the global resource. With
demonstrated continuity of mineralization and limited historical drilling in a jurisdiction like
Saskatchewan, we believe Contact Lake has the hallmarks of a transformative asset with a much
larger gold system still to be defined.”
“Furthermore, with the inaugural drill program now completed and having exceeded expectations,
we are eager to return to Contact Lake this winter to aggressively follow up on this early success.
Importantly, Trident is fully -funded for this next phase of drilling, with more than $12 million in
cash and marketable securities to support our winter drilling program and near - to medium-term
corporate growth plans. This strong balance sheet allows us to stay focused on systematic, high-
impact exploration as we work to unlock the full potential of this high-grade gold system.”
Summary of Drilling:
Of the first thirteen holes, holes CL25001 through CL25005 , targeted shallow high-grade gold
mineralization (<200m depth) approximately 100m northeast of the highest levels of the existing
mine infrastructure. Previously reported hole CL25003 intersected high-grade gold above, below
and within the main mineralized Bakos Shear structure including 7.89 g/t Au over 23.0m starting
at 69.0m depth and 7.03 g/t Au over 43.3m starting at 121.0m (see news release dated November
12th, 2025). Holes CL25006 and CL25007 intersected strong gold mineralization at moderately
shallow depths immediately northeast of the M-zone ore lens between the mine infrastructure and
the BK3 zone, an area that hosts significant drill-defined gold mineralization located 75m toward
the northeast. Holes CL25008 and CL25009 tested for progressively shallower mineralization
within the low drill density corridor between the Main Zone and the BK3 zone. Holes CL25010
through CL25013 were drilled in areas adjacent to historical mining infrastructure to test for
mineralized extensions along strike from the upper levels of the historical mine site.
The first thirteen holes all intersected broad zones of shearing and alteration with substantial gold
mineralization in an area with no known production and low historical drill density. High-grade
gold has been intersected within the Bakos Shear Zone as well as in the hanging wall (above)
and the footwall (below) the main host to gold mineralization. Trident is strongly encouraged by
the assay results thus far as they prove that the orogenic gold mineralizing system present at
Contact Lake is persistent both laterally and at depth. The Company will continue to explore and
drill test for new mineralized zones in a systematic manner as the team looks to expand on the
recently discovered high-grade gold mineralization.
Figure 1: Plan View of the Contact Lake Drilling
http://www.tridentresourcescorp.com/_resources/news/2025-Drill-Plan-Holes-4-to-13.png
Detailed Description of the Drill Holes:
Hole CL25004 was collared from the same pad as CL25003 at a steeper dip (-55º) and along the
same north-directed (000º) azimuth. The two holes were designed to test for lateral and depth
extensions of the high-grade mineralization first encountered in drill hole TU88 -01 located 50m
toward the northeast. In CL25004, the upper shear returned 4.02 g/t Au over 3.18m (49.8-53.0m)
and mineralization in the footwall, below the sheared horizons, returned 8.37 g/t Au over 2.06m
(157.45-159.51m). Overall, hole CL25004 intersected a broad zone of alteration and shearing
between 49.8 to 174.0m that averaged 0.60 g/t Au over 124.2m.
Hole CL25005 was drilled along a 339º azimuth at a -55º dip to undercut the mineralization
discovered in holes CL25001 and CL25002 (collared 25m toward the northwest ). CL25005
intersected multiple sheared horizons within the main Bakos Shear Zone that returned both broad
intercepts and focused horizons of gold mineralization. A zone of 5.94 metres grading 5.66 g/t Au
was intersected between 100.06-106.0m including 11.83 g/t Au over 2.44m (100.06-102.5m). A
broader interval between 77.0-116.0m (39.04m) returned a length -weighted average of 1.64 g/t
Au. A lower zone between 142.0 -144.55m (2.55m) returned 42.95 g/t Au, including a 1.34m
intercept of 81.7 g/t Au.
Hole CL25006 was collared 210m southeast of hole CL25005 and was drilled along a 350 º
azimuth at a -55º dip. This hole tested for a northeast extension of gold mineralization from the
M-zone, an ore lens that was partially mined in 1997 and the most easterly part of the mine.
CL25006 intersected 7.28 g/t Au over 15.0m (272.0 -287.0m), including 16.69 g/t Au over 6.0m
(272.0-278.0) and 30.41 g/t Au over 3.0m (272.0-275.0m).
Hole CL25007 was collared from the same pad as CL25006 along the same azimuth at a dip of -
67º to target the same mineralized extension of the M-zone at a deeper level. A broad horizon of
gold mineralization averaged 4.43 g/t Au over 39.5m (329.5 -369m), including 5.76 g/t Au over
15.5m (329.5-345.0m) and 9.43 g/t Au over 6.0m (329.5-335.5m). The upper portion of the Bakos
shear returned 1.98 g/t Au over 12.0m (280.0-292.0m).
Hole CL25008 was collared 107m NNW of CL25006 and CL25007, roughly at the midpoint
between those holes and CL25005, and drilled along a 339º azimuth at a -60º dip. The hanging
wall of the Bakos shear had a 6.0m interval that returned 7.41 g/t Au (139.0 -145.0m) and the
upper part of the Bakos shear returned 6.27 g/t Au over 1.4m (155.0 -156.4m). The footwall
returned an interval of 7.74 g/t Au over 5.0m (268.0 -273.0) and 6.07 g/t Au over 2.92m (313.6 -
316.5m).
Hole CL25009 was collared 53m northwest of hole CL25008 and drilled along a 339º azimuth at
a -58º dip. The hanging wall hosted 9.23 g/t Au over 2.8m (85.5 -88.3m) but the Bakos shear
returned sporadic gold mineralization with isolated > 1.0 g/t Au intervals between 122.0-145m.
Below the main part of the Bakos shear, a separate shear zone returned 8.49 g/t Au over 3.0m
(199.0-202.0m). A weakly sheared horizon in the host granodiorite returned 6.19 g/t Au over 2.1m
between 242.9 to 245.0m.
Holes CL25010 and CL25011 were collared from the same pad and drilled along a 339º azimuth
at dips of -48º and -56º respectively. These holes were drilled to infill an area between the
historical mine and the lakeshore where no historical holes were located. In hole CL25010 the
Bakos shear was weakly mineralized with two separate intercepts that returned 3.92 g/t Au
between 131.5-133.5m (2.0m) and 2.51 g/t Au between 158.0-162.0m (4.0m). The footwall to the
Bakos shear returned 4.23 g/t Au over 6.8m (188.5 -195.3m) including 6.72 g/t Au over 3.3m
(192.0-195.3m). Hole CL25011 returned one notable hit of 5.86 g/t Au over 1.1m (217.2-218.3m).
Hole CL25012 was collared 50m ENE of holes CL25010 and CL25011 to target the up -dip
extension of mineralization in unmined stope BH498-33. Mineralization through the Bakos shear
returned 0.77 g/t Au between 121.0-139.0m (18m) and a zone in the footwall returned 5.56 g/t Au
over 1.4m (194.0-195.4m).
Hole CL25013 was collared from the same pad as CL25012 at a steeper dip ( -55 º) to intersect
mineralization within the area of unmined stope BH498-33. Two separate 1.0m hits returned 13.2
g/t Au (135.0-136.0) from the lower portion of the Bakos Shear and 5.42 g/t Au (193.0 -194.0) in
the footwall of the shear.
Table 1: Drill Hole Results at Contact Lake (January, 2026)
Drill Hole # From (m) To (m) Width (m) Au (g/t) Gram x Metre (gm)
CL25004 49.80 174.00 124.20 0.60 74.52
including 157.45 159.51 2.06 8.37 17.25
CL25005 100.06 106.00 5.94 5.66 33.61
including 100.06 102.50 2.44 11.83 28.86
and 142.00 144.55 2.55 42.95 109.52
CL25006 272.00 287.00 15.00 7.28 109.27
Including 272.00 278.00 6.00 16.69 100.13
including 272.00 275.00 3.00 30.41 91.23
CL25007 329.50 369.00 39.50 4.43 174.84
including 329.50 345.00 15.50 5.76 89.26
Including 329.50 335.50 6.00 9.43 56.60
and 367.00 369.00 2.00 37.31 74.62
CL25008 139.00 145.00 6.00 7.41 44.44
and 155.00 156.35 1.35 6.27 8.46
and 268.00 273.00 5.00 7.74 38.69
and 313.58 316.50 2.92 6.07 17.72
CL25009 85.50 88.33 2.83 9.23 26.11
and 199.00 202.00 3.00 8.49 25.46
and 242.89 245.00 2.11 6.19 13.06
CL25010 188.50 195.28 6.78 4.23 28.71
including 192.00 195.28 3.28 6.72 22.05
CL25011 217.15 218.25 1.10 5.86 6.45
CL25012 133.00 136.37 3.37 2.97 10.01
and 194.00 199.50 5.50 1.76 9.68
including 194.00 195.40 1.40 5.56 7.78
CL25013 77.40 79.00 1.60 4.13 6.61
and 135.00 136.00 1.00 13.20 13.20
and 190.00 194.00 4.00 2.00 8.00
and 193.00 194.00 1.00 5.42 5.42
* Widths are drilled intercepts, true widths have not been determined. Gold values are length-weighted averages.
Figure 2: Cross Section of Contact Lake Drilling (Holes CL25001, CL25002 and CL25005)
http://www.tridentresourcescorp.com/_resources/news/CL25001-002-and-005.png
Figure 3: Cross Section of Contact Lake Drilling (Holes CL25003 and CL25004)
http://www.tridentresourcescorp.com/_resources/news/thumbnail-CL25003-and-004.png
Figure 4: Cross Section of Contact Lake Drilling (Holes CL25006 and CL25007)
http://www.tridentresourcescorp.com/_resources/news/thumbnail-CL25006-and-007.png
Figure 5: Cross Section of Contact Lake Drilling (Holes CL25008 and CL25009)
http://www.tridentresourcescorp.com/_resources/news/thumbnail-CL25008-and-CL25009.png
Figure 6: Cross Section of Contact Lake Drilling (Holes CL25010 and CL25011)
http://www.tridentresourcescorp.com/_resources/news/thumbnail-CL25010-and-CL25011.png
Figure 7: Cross Section of Contact Lake Drilling (Holes CL25012 and CL25013)
http://www.tridentresourcescorp.com/_resources/news/thumbnail-CL25012-and-CL25013.png
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
40km northeast of Contact Lake), these four deposits are wholly -owned by Trident Resources
and host current Mineral Resource Estimates (see news release dated November 24th, 2025)
which does not include any ounces from the past producing Contact Lake target area.
Trident Resources Corp. – News Link
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. 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 2: Drill Hole ID Contact Lake (January, 2026)
Hole ID Easting Northing Azimuth Dip Depth(m) Elevation (m)
CL25004 507940 6141302 0 -55 182 401
CL25005 507943 6141302 339 -55 194 401
CL25006 508006 6141099 350 -55 362 403
CL25007 508005 6141099 349 -67 419 403
CL25008 507985 6141205 339 -60 344 400
CL25009 507961 6141252 339 -58 296 399
CL25010 507940 6141245 339 -48 230 405
CL25011 507941 6141245 339 -56 245 405
CL25012 507891 6141254 341 -45 209 413
CL25013 507891 6141254 341 -55 215 413
* 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 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.
For further information, please contact:
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
www.tridentresourcescorp.com
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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.