Trident Resources To Commence 5,000m Diamond Drilling Program on Contact Lake High-Grade Gold Project, Saskatchewan
Trident Resources (OTCQB:TRDTF) has announced a significant 5,000-metre diamond drilling program at its Contact Lake Gold Project in Saskatchewan's La Ronge Gold Belt. The company, with CAD $11 million in cash and marketable securities, will execute 16 drill holes targeting the extension of gold mineralization at the former Cameco-operated mine site.
The Contact Lake mine historically produced 188,185 ounces of gold from 1994-1998, processing 1,006,673 tonnes of ore at 6.16 g/t Au with a 95% recovery rate. The drilling program will focus on the Bakos shear zone, which extends over 2 km and ranges from 15 to 40 metres in width, targeting areas between underground development and unmined BK3 zone resources.
Trident Resources (OTCQB:TRDTF) ha annunciato un importante programma di perforazione diamantina di 5.000 metri presso il suo progetto aurifero Contact Lake nella La Ronge Gold Belt, Saskatchewan. La societ脿, con CAD $11 milioni in contanti e titoli negoziabili, eseguir脿 16 fori di sondaggio mirati a estendere la mineralizzazione aurifera nell'ex sito minerario gestito da Cameco.
La miniera di Contact Lake aveva prodotto storicamente 188.185 once d'oro dal 1994 al 1998, trattando 1.006.673 tonnellate di minerale a 6,16 g/t Au con un tasso di recupero del 95%. Il programma di perforazione si concentrer脿 sulla faglia Bakos, che si estende per oltre 2 km e varia da 15 a 40 metri di larghezza, prendendo di mira le aree tra lo sviluppo sotterraneo e le risorse non estratte della zona BK3.
Trident Resources (OTCQB:TRDTF) ha anunciado un importante programa de perforaci贸n diamantina de 5.000 metros en su proyecto aur铆fero Contact Lake, dentro de la La Ronge Gold Belt en Saskatchewan. La compa帽铆a, con CAD $11 millones en efectivo y valores negociables, realizar谩 16 sondajes dirigidos a extender la mineralizaci贸n de oro en el antiguo yacimiento operado por Cameco.
La mina Contact Lake produjo hist贸ricamente 188.185 onzas de oro entre 1994 y 1998, procesando 1.006.673 toneladas de mineral a 6,16 g/t Au con una recuperaci贸n del 95%. El programa de perforaci贸n se centrar谩 en la zona de cizalla Bakos, que se extiende m谩s de 2 km y tiene entre 15 y 40 metros de anchura, apuntando a las 谩reas entre el desarrollo subterr谩neo y los recursos no explotados de la zona BK3.
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Contact Lake 甏戩偘鞚� 1994雲勲秬韯� 1998雲勱箤歆� 鞐偓鞝侅溂搿� 188,185鞓姢鞚� 旮�鞚� 靸濎偘頄堨溂氅�, 1,006,673韱れ潣 甏戩劃鞚� 6.16 g/t Au 霌标笁鞙茧 觳橂Μ頄堦碃 須岇垬鞙潃 95%鞓�鞀惦媹雼�. 鞁滌稊 頂勲攴鸽灗鞚� 韽澊 15~40氙疙劙鞚搓碃 旮胳澊臧� 2km臧� 雱橂姅 Bakos 鞝勲嫧雽�毳� 欷戩嫭鞙茧 歆勴枆霅橂┌, 歆�頃� 臧滊皽 甑皠瓿� 氙胳眲甑措悳 BK3 甑棴 鞛愳洂 靷澊鞚� 鞓侅棴鞚� 響滌爜鞙茧 靷检姷雼堧嫟.
Trident Resources (OTCQB:TRDTF) a annonc茅 un important programme de forage diamant茅 de 5 000 m猫tres sur son projet aurif猫re Contact Lake dans le La Ronge Gold Belt, en Saskatchewan. La soci茅t茅, disposant de 11 millions de CAD en tr茅sorerie et en titres n茅gociables, r茅alisera 16 forages visant 脿 茅tendre la min茅ralisation aurif猫re sur l'ancien site exploit茅 par Cameco.
La mine de Contact Lake a historiquement produit 188 185 onces d'or entre 1994 et 1998, traitant 1 006 673 tonnes de minerai 脿 6,16 g/t Au avec un taux de r茅cup茅ration de 95%. Le programme de forage se concentrera sur la zone de cisaillement Bakos, qui s'茅tend sur plus de 2 km et pr茅sente une largeur de 15 脿 40 m猫tres, ciblant les secteurs entre les travaux souterrains et les ressources non exploit茅es de la zone BK3.
Trident Resources (OTCQB:TRDTF) hat ein bedeutendes 5.000-Meter-Diamantbohrprogramm auf seinem Contact Lake Gold Project im La Ronge Gold Belt in Saskatchewan angek眉ndigt. Das Unternehmen verf眉gt 眉ber CAD $11 Millionen an liquiden Mitteln und marktg盲ngigen Wertpapieren und wird 16 Bohrl枚cher niederbringen, die darauf abzielen, die Goldmineralisierung auf dem ehemaligen, von Cameco betriebenen Bergwerksgel盲nde zu verl盲ngern.
Die Contact Lake-Mine f枚rderte historisch 188.185 Unzen Gold von 1994 bis 1998 und verarbeitete 1.006.673 Tonnen Erz mit 6,16 g/t Au bei einer R眉ckgewinnungsrate von 95%. Das Bohrprogramm konzentriert sich auf die Bakos-Scherszone, die sich 眉ber mehr als 2 km erstreckt und 15 bis 40 Meter breit ist, und zielt auf die Bereiche zwischen dem Untertagebau und den ungenutzten BK3-Ressourcen ab.
- Strong treasury position of CAD $11 million to fund exploration
- Historical high-grade production of 6.16 g/t Au with 95% recovery rate
- Existing underground infrastructure reduces development costs
- Historical drill results show exceptional grades up to 2,616 g/t Au
- Project requires significant exploration to verify historical resources
- True thickness of mineralization remains unknown
- Historical sampling was discontinuous with data gaps
Vancouver, BC, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V:听) (OTCQB: ) (鈥�Trident鈥� or the 鈥�Company鈥�) is pleased to announce detailed plans for its upcoming inaugural drill program at the Contact Lake Gold Project in Saskatchewan鈥檚 underexplored and prolific La Ronge Gold Belt. Trident enters this program with over CAD
Contact Lake Project Location Map:
"With drilling to be underway within the next week, we are excited to build on our proven track record of discovery and resource growth in the La Ronge Gold District. We believe our gold assets have the potential to become a tier 1 project in Canada and provide a strong foundation for value creation. We are also optimistic that our systematic exploration methodology will deliver success with additional new discoveries in our underexplored district scale land package,鈥� said Jonathan Wiesblatt, CEO of Trident.
The drill program at the Contact Lake mine site will comprise of 5,000 metres across 16 holes with the aim of confirming and extending gold mineralization along strike and down-dip from the historically defined gold mineral resources. The Contact Lake mine was operated by Cameco between December 1994 to May 1998 when 1,006,673 tonnes of ore were processed at a head grade of 6.16 grams per tonne (g/t) Au for a reported 188,185 ounces of gold (Au) recovered with life of mill recovery rate stated at
Contact Lake Gold Project Plan View:
The Contact Lake deposit is hosted within the northeast trending Bakos shear zone, which cuts through the granitic portion of the Little Deer Lake composite pluton. The auriferous Bakos shear zone has been drill-defined at between 15 to 40 metres in width over a strike length of greater than 2 km. The 2025 drilling will focus on extending gold mineralization between the underground development and the unmined resources of the BK3 zone, located immediately northeast of the former mine site. Drilling will also target down-dip extensions of the high-grade gold mineralization of the main zone as these types of shear-hosted gold deposits commonly extend at depth providing strong discovery potential below the currently defined dimensions of the Contact Lake deposit.
Cyr Drilling from Winnipeg, Manitoba, has been chosen as the drill contractor and is mobilizing their personnel and drill equipment to Contact Lake. All drill cores will be logged, photographed and processed on site throughout the program. Data collection will include geologic, geotechnical and a full 48 element analytical suite in conjunction with a comprehensive QA / QC program with lab-certified standards, field blanks and duplicates comprising >
Location Map of Planned Drill Holes:
The initial drill holes of the 2025 program will be focused on the discovery of shallow gold mineralization immediately northeast of the Contact Lake Main Zone (MZ1), which produced the majority of gold resources during mining operations. The second phase of drilling will target zones at moderate depth (200-250 metres below surface) that lie between the MZ1 zone and the BK3 zone. The BK3 zone is located 150 metres northeast of MZ1, below the western edge of Contact Lake and is reported to host substantial gold resources that were never mined. The final phase of the 2025 drill program will target the down-plunge extension of the gold mineralization in both the MZ1 and MZ2 zones.听听
Drilling will target the heart of the past-producing Contact Lake Mine, following up on historical high-grade intercepts including:
| Contact Lake Gold Deposit - Historical Drill Intercepts | |||||
| Hole ID | From (m) | To (m) | Interval (m) | Au (g/t) | Description |
| TU89-125 | 56.0 | 76.5 | 20.5 | 12.81 | length weighted average |
| TU89-127 | 39.5 | 57.8 | 18.3 | 10.41 | length weighted average |
| TU90-146 | 205.3 | 205.9 | 0.6 | 2,616.00 | single assay |
| TU92-316 | 138.3 | 138.8 | 0.5 | 94.06 | single 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 with true thickness unknown听 | |||||
Qualified Person:
The scientific and technical data contained in this news release was approved by Cornell McDowell, P.Geo., a non-independent 鈥渜ualified person鈥� under the National Instrument 43-101 Standards of Disclosure of Mineral Projects.
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
To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company鈥檚 website at
Trident Resources Corp.
Jonathan Wiesblatt, Chief Executive Officer
Email:
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:
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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 forward-looking statements. 听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 听for further information.
FAQ
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