Trident Resources Receives Drill Permits for its High-Grade Gold Projects Located in Saskatchewan; Plans for Upcoming Drill Programs

5 hours ago 1

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See below a few historical assay results at Contact Lake that this 2025 drill program will follow up on:

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Contact Lake Gold Deposit – Historical Drill Intercepts
Hole IDFrom (m)To (m)Interval (m)Au (g/t)Description
TU89-2231.055.024.08.05length weighted average
TU89-10273.0121.148.13.93length weighted average
TU89-12556.076.520.512.81length weighted average
TU89-12739.557.818.310.41length weighted average
TU92-308295.5344.549.03.91length weighted average
TU90-146205.3205.90.62,616.00single assay
TU92-316138.3138.80.594.06single assay
Notes:

*Analytical data sourced from Cameco historical records

*Historical sampling was discontinuous – data gaps were assigned a zero value

*Intervals are drilled intercepts and do not reflect true thickness 

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The Preview SW Deposit, located 2.4 km from the Contact Lake Deposit, is host to a historical (2022) mineral resource estimate based on a database of 191 drill holes for a total of 31,943 metres.

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Historical Gold Resources Estimate for Preview SW Deposit
DepositCategoryTonnesGrade (g/t Au)Au OuncesCut-off Grade
Preview SW DepositIndicated5,457,0001.56273,0000.4 g/t Au
Preview SW DepositInferred5,852,0001.40263,0000.4 g/t Au
Notes:

*These Historical Mineral Resource values are estimates of quantity, grade and metal content of the deposits
*Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability
*Effective Date: October 31, 2022; a gold price of $1,700.00 USD was used to calculate the MRE

   

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Some significant historical assay results from Preview SW include:

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Preview SW Gold Deposit – Historical Drill Intercepts
Hole IDFrom (m)To (m)Interval (m)Au (g/t)Description
PR86-1766.9115.448.53.71length weighted average
PR87-2946.258.912.717.59length weighted average
PR87-3124.760.235.55.60length weighted average
PR87-54153.6165.311.713.14length weighted average
Notes:

*Analytical data sourced from Cameco historical records

*Historical sampling was discontinuous – data gaps were assigned a zero value

*Intervals are drilled intercepts and do not reflect true thickness

 
 
 
 

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Qualified Person:

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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 as well as Qualified Person.

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About Trident Resources Corp.:

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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.

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For further information, please contact:

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Trident Resources Corp.

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Jonathan Wiesblatt, Chief Executive Officer
Email: [email protected]

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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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‎NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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Forward-Looking Information and Statements

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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 forward-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 results 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. Please see the public filings of the Company at www.sedarplus.ca for further information.

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