Trident Resources to Commence Inaugural 5,000m Drill Program at Contact Lake High-Grade Gold Project, Saskatchewan
Trident Resources (OTCQB:TRDTF) has announced its first-ever 5,000-metre drill program at the Contact Lake Gold Project in Saskatchewan's La Ronge Gold Belt. The historic site, untouched for nearly 30 years, previously produced 190,088 ounces of gold from 1.0 million tonnes at 6.16 g/t Au with a 95% recovery rate.
The fully-funded 16-hole program will commence in August 2025, targeting the past-producing Contact Lake Mine. The company is well-positioned with over $11 million in cash and marketable securities. Historical high-grade intercepts include impressive results such as 20.5m at 12.81 g/t Au and a notable single assay of 2,616 g/t Au over 0.6m.
The project features existing infrastructure including onsite power, highway access, and historic underground workings, with mineralization remaining open along strike and at depth.Trident Resources (OTCQB:TRDTF) ha annunciato il suo primo programma di perforazione da 5.000 metri presso il progetto Contact Lake Gold nella La Ronge Gold Belt della Saskatchewan. Il sito storico, inattivo da quasi 30 anni, ha prodotto in passato 190.088 once d'oro da 1,0 milioni di tonnellate con una media di 6,16 g/t Au e un tasso di recupero del 95%.
Il programma completamente finanziato, che prevede 16 fori, inizier脿 nell'agosto 2025, focalizzandosi sulla miniera Contact Lake, gi脿 in produzione. L'azienda dispone di una solida posizione finanziaria con oltre 11 milioni di dollari in liquidit脿 e titoli negoziabili. Tra gli intercept storici ad alto tenore si segnalano risultati importanti come 20,5 m a 12,81 g/t Au e un singolo campione di 0,6 m con 2.616 g/t Au.
Il progetto dispone di infrastrutture esistenti, tra cui energia in loco, accesso autostradale e vecchi lavori sotterranei, con mineralizzazione ancora aperta sia lungo la direzione della vena che in profondit脿.
Trident Resources (OTCQB:TRDTF) ha anunciado su primer programa de perforaci贸n de 5,000 metros en el proyecto Contact Lake Gold en la franja aur铆fera La Ronge de Saskatchewan. El sitio hist贸rico, sin exploraci贸n por casi 30 a帽os, produjo anteriormente 190,088 onzas de oro a partir de 1.0 mill贸n de toneladas con una ley de 6.16 g/t Au y una tasa de recuperaci贸n del 95%.
El programa totalmente financiado de 16 perforaciones comenzar谩 en agosto de 2025, enfoc谩ndose en la mina Contact Lake que estuvo en producci贸n. La compa帽铆a se encuentra bien posicionada con m谩s de 11 millones de d贸lares en efectivo y valores negociables. Entre las intercepciones hist贸ricas de alto grado destacan resultados como 20.5 m a 12.81 g/t Au y una muestra individual notable de 2,616 g/t Au sobre 0.6 m.
El proyecto cuenta con infraestructura existente, incluyendo energ铆a en el sitio, acceso a carretera y trabajos subterr谩neos hist贸ricos, con mineralizaci贸n abierta tanto a lo largo de la veta como en profundidad.
韸鸽澕鞚措崢韸� 毽唽鞀�(OTCQB:TRDTF)電� 靷姢旃挫稊鞕勳潣 霛� 搿膘＜ 瓿摐 氩姼鞐� 鞙勳箻頃� Contact Lake 旮堦磻 頂勲鞝濏姼鞐愳劀 5,000氙疙劙 鞁滌稊 頂勲攴鸽灗鞚� 觳橃潓鞙茧 氚滍憸頄堨姷雼堧嫟. 瓯办潣 30雲勱皠 氙戈皽氚� 靸來儨鞓�雿� 鞚� 鞐偓鞝侅澑 順勳灔鞚� 鞚挫爠鞐� 100毵� 韱れ棎靹� 6.16 g/t Au鞚� 霌标笁鞙茧 190,088 鞓姢鞚� 旮�鞚� 95% 須岇垬鞙 靸濎偘頄堨姷雼堧嫟.
鞝勳暋 鞛愱笀 歆�鞗愳潉 氚涭潃 16瓿� 鞁滌稊 頂勲攴鸽灗鞚� 2025雲� 8鞗旍棎 鞁滌瀾霅橂┌, 瓿缄卑 靸濎偘霅� Contact Lake 甏戩偘鞚� 氇╉憸搿� 頃╇媹雼�. 須岇偓電� 1,100毵� 雼煬 鞚挫儊鞚� 順勱笀 氚� 鞁滌灔靹� 歃濌秾鞚� 氤挫湢頃� 鞎堨爼鞝侅澑 鞛 靸來儨毳� 鞙犾頃橁碃 鞛堨姷雼堧嫟. 瓿缄卑 瓿犽摫旮� 鞁滌稊 瓴瓣臣搿滊姅 20.5m 甑皠鞐愳劀 12.81 g/t Au鞕� 0.6m 甑皠鞐愳劀 2,616 g/t Au鞚� 雼澕 攵勳劃 瓴瓣臣臧� 韽暔霅橃柎 鞛堨姷雼堧嫟.
鞚� 頂勲鞝濏姼電� 順勳灔 鞝勲牓, 瓿犾啀霃勲 鞝戧芳靹�, 鞐偓鞝侅澑 歆�頃� 鞛戩梾鞛� 霌� 旮办〈 鞚疙攧霛茧ゼ 臧栰稊瓿� 鞛堨溂氅�, 甏戨頇旊姅 欤柬枼 氚� 鞁弰 氚╉枼鞙茧 鞐爠頌� 鞐措牑 鞛堨姷雼堧嫟.
Trident Resources (OTCQB:TRDTF) a annonc茅 son tout premier programme de forage de 5 000 m猫tres sur le projet Contact Lake Gold situ茅 dans la ceinture aurif猫re La Ronge en Saskatchewan. Ce site historique, laiss茅 intact pendant pr猫s de 30 ans, a pr茅c茅demment produit 190 088 onces d鈥檕r 脿 partir de 1,0 million de tonnes 脿 une teneur de 6,16 g/t Au avec un taux de r茅cup茅ration de 95 %.
Le programme enti猫rement financ茅, comprenant 16 forages, d茅butera en ao没t 2025, ciblant la mine Contact Lake qui 茅tait en production. La soci茅t茅 dispose d鈥檜ne position financi猫re solide avec plus de 11 millions de dollars en liquidit茅s et titres n茅gociables. Parmi les intersections historiques 脿 haute teneur figurent des r茅sultats impressionnants tels que 20,5 m 脿 12,81 g/t Au et un pr茅l猫vement unique remarquable de 2 616 g/t Au sur 0,6 m.
Le projet b茅n茅ficie d鈥檌nfrastructures existantes, notamment l鈥檃limentation 茅lectrique sur site, un acc猫s routier et des travaux souterrains historiques, la min茅ralisation restant ouverte en extension et en profondeur.
Trident Resources (OTCQB:TRDTF) hat sein erstes 5.000-Meter-Bohrprogramm am Contact Lake Gold Projekt im La Ronge Goldg眉rtel in Saskatchewan angek眉ndigt. Das historische Gel盲nde, das fast 30 Jahre unber眉hrt blieb, produzierte zuvor 190.088 Unzen Gold aus 1,0 Millionen Tonnen mit einem Gehalt von 6,16 g/t Au und einer R眉ckgewinnungsrate von 95 %.
Das vollst盲ndig finanzierte Programm mit 16 Bohrl枚chern startet im August 2025 und zielt auf die ehemals produzierende Contact Lake Mine ab. Das Unternehmen ist mit 眉ber 11 Millionen US-Dollar an Bargeld und handelbaren Wertpapieren gut aufgestellt. Historische hochgradige Abschnitte umfassen beeindruckende Ergebnisse wie 20,5 m mit 12,81 g/t Au und eine bemerkenswerte Einzelprobe von 2.616 g/t Au 眉ber 0,6 m.
Das Projekt verf眉gt 眉ber bestehende Infrastruktur, darunter Strom vor Ort, Autobahnzugang und historische Untertagearbeiten, wobei die Mineralisierung entlang der Streichrichtung und in der Tiefe weiterhin offen ist.
- Strong treasury position with over $11 million in cash and marketable securities
- Historic high-grade production of 190,088 oz gold at 6.16 g/t Au
- Excellent historical gold recovery rate of 95%
- Existing infrastructure including power, highway access, and underground workings
- Historical high-grade intercepts including 2,616 g/t Au over 0.6m
- First modern exploration in nearly 30 years - potential geological uncertainties
- True thickness of mineralization currently unknown
- Historical sampling was discontinuous with data gaps
Vancouver, BC, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V:听) (OTCQB: ) (鈥�Trident鈥� or the 鈥�Company鈥�) 听is pleased to announce an upcoming fully-funded 5,000-metre drill program at its high-grade Contact Lake Gold Project, located in the La Ronge Gold Belt of Saskatchewan. This marks Trident鈥檚 first drill campaign and the first modern exploration on the historic Contact Lake target in nearly 30 years. The 16-hole program will begin this month as crews have begun to mobilize to the project.
Contact Lake Project Location Map:
Trident enters this program with over
鈥淭his inaugural drill program is a major milestone for Trident. We鈥檙e picking up where Cameco left off - except now, gold trades at over 10x the price it did when they shut the mine. We鈥檙e fully funded, highly motivated, and excited to unlock value at Contact Lake,鈥� said Jonathan Wiesblatt, CEO of Trident.
Contact Lake Gold Project Plan View:
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 | |||||
Location Map of Planned Drill Holes:
Contact Lake Gold Project Highlights:
- Proven Past Production: 1.0 million tonnes milled at 6.16 g/t Au (190,088 oz gold recovered, Cameco 1999)
- High Recovery:
95% life-of-mine mill recovery
- Untested Zones: Mineralization remains open along strike and at depth
- Historic Resource: Cameco internal estimate suggests significant gold remains
- Infrastructure Ready: Onsite power, highway access, and historic underground workings
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
What is the size of Trident Resources' (TRDTF) planned drill program at Contact Lake?
How much gold was historically produced at the Contact Lake Gold Project?
What is Trident Resources' (TRDTF) current financial position for the drill program?
What were some of the best historical drill results at Contact Lake?
What infrastructure exists at the Contact Lake Gold Project?
