Mr. Jonathan Wiesblatt reports

TRIDENT RESOURCES TO COMMENCE INAUGURAL 5,000M DRILL PROGRAM AT CONTACT LAKE HIGH-GRADE GOLD PROJECT, SASKATCHEWAN

Trident Resources Corp. will conduct a coming fully financed 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's 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.

Trident enters this program with over $11-million in cash and marketable securities, fully financing this drill program and positioning the company to act swiftly on future exploration opportunities across its Saskatchewan portfolio.

"This inaugural drill program is a major milestone for Trident. We're picking up where Cameco left off -- except now, gold trades at over 10 times the price it did when they shut the mine. We're fully funded, highly motivated and excited to unlock value at Contact Lake," said Jonathan Wiesblatt, chief executive officer of Trident.

Drilling will target the heart of the past-producing Contact Lake mine, following up on historical high-grade intercepts.

Contact Lake gold project highlights:

• Proven past production: 1.0 million tonnes milled at 6.16 grams per tonne gold (190,088 ounces gold recovered, Cameco, 1999);
• High recovery: 95-per-cent 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: on-site power, highway access and historic underground workings.

Qualified person

The scientific and technical data contained in this news release were approved by Cornell McDowell, PGeo, a non-independent qualified person under the National Instrument 43-101 (Standards of Disclosure of Mineral Projects).

About Trident Resources Corp.

Trident 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-per-cent-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-per-cent-owned Knife Lake copper project, which contains a historical copper resource.

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