Mr. Blair Naughty reports
NAUGHTY VENTURES ACQUIRES HISTORIC GOLD CLAIMS ADJACENT TO TRIDENT RESOURCES' HIGH-GRADE SASKATCHEWAN DISCOVERY AT CONTACT LAKE
Naughty Ventures Corp. has staked a strategic 5,300-hectare land package, hereinafter referred to as the Lynxstrike gold project, directly adjoining Trident Resources Corp.'s emerging high-grade Contact Lake gold discovery in the La Ronge gold belt of Saskatchewan.
This strategic land position places Naughty Ventures immediately beside one of Canada's most exciting new gold discoveries-including Trident's standout drill result announced on Nov. 12, 2025: 7.03 grams per tonne Au (gold) over 43.25 metres, including 30.06 g/t Au over 9.25 metres (hole CL25-003).
The discovery sits within the area of the former Cameco Contact Lake gold mine, which was decommissioned in 1998 after historic drilling failed to identify additional gold zones. Trident's new intercept changes the geological outlook for the district, revealing untapped expansion potential in an area long believed to be exhausted.
Lynxstrike gold project highlights
- 5,300-plus hectares directly adjoining the new high-grade Contact Lake discovery;
- Historic Studer B gold showing with 0.087 oz/t Au historic grab sample;
- Underexplored land position with similar geology to the discovery zone;
- Highway access between Trident's property and Naughty Ventures' claims.
District context
Following hole CL25-003, Trident announced a significant upgrade to its overall resource base across four deposits in the La Ronge gold belt:
- 896,500 indicated Au ounces;
- 1,129,600 inferred Au ounces.
The Contact Lake intercept is not yet included in these updated mineral resource estimates, underscoring the potential for substantial future growth in the district.
Blair Naughty, chief executive officer of Naughty Ventures, commented:
"We have been closely monitoring the rapid progress at Contact Lake, and hole CL25-003 immediately stood out as a transformational intercept. Learning that this new discovery occurred within the historic Contact Lake mine area -- previously believed to be exhausted -- changes the exploration landscape in the area. We moved quickly to secure a directly adjoining land position with similar geology, historic gold occurrences and excellent road access. Our shareholders now have direct exposure to what may be becoming one of the most compelling new gold districts in Canada. We look forward to advancing Lynxstrike while continuing to follow Trident's success."
Adjacent property disclaimer
This news release includes references with respect to Trident's Contact Lake deposit in the La Ronge gold belt (the adjacent property), which is located near the Lynxstrike gold project. The company advises that, notwithstanding their proximity of location, discoveries of minerals on the adjacent property and any promising results thereof are not necessarily indicative of the mineralization of, or located on, the Lynxstrike gold project or the company's ability to commercially exploit the Lynxstrike gold project or to locate any commercially exploitable deposits therefrom.
All technical information contained in this press release with respect to the adjacent property was provided by the sources noted in the references above without independent review and investigation by the company, and the company has relied on the information contained in the respective sources exclusively in providing the information about the adjacent property and any deposits therefrom. The company cautions investors on relying on this information as the company has not confirmed the accuracy or reliability of the information.
Qualified person
The technical content of this news release has been reviewed and approved by Alex Bugden, PGeo, a qualified person under National Instrument 43-101. He is an independent consulting geologist for Naughty Ventures.
About Naughty Ventures Corp.
Naughty Ventures is a Canadian venture investment and mineral exploration company focused on early stage mineral projects with significant discovery potential. The company is committed to identifying and advancing the world's next great mineral assets.
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