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Trident Resources Corp
Symbol ROCK
Shares Issued 29,590,523
Close 2025-08-20 C$ 0.71
Market Cap C$ 21,009,271
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Trident starts 5,000 m drill program at Contact Lake

2025-08-21 12:39 ET - News Release

Mr. Jonathan Wiesblatt reports

TRIDENT RESOURCES COMMENCES 5,000 METRE INAUGURAL DRILLING PROGRAM AT CONTACT LAKE GOLD PROJECT, LA RONGE GOLD BELT, SASKATCHEWAN

Trident Resources Corp. has commenced its inaugural 5,000-metre diamond drilling program at the company's flagship Contact Lake gold project, located in the prolific La Ronge gold belt of Northern Saskatchewan.

This marks the first drill campaign at Contact Lake in nearly 30 years and represents an important milestone for Trident as it begins to unlock the potential of one of the region's most prospective underexplored gold projects. The program has been designed to confirm historical mineralization, expand known gold zones, and test newly defined targets generated through modern geological interpretation and fieldwork.

Drill program overview

The phase 1 drill program will consist of 5,000 metres, targeting high-priority zones and confirmation of historical data.

Expansion potential

Contact Lake has a long history of gold exploration yet remains largely underexplored by contemporary methods. The La Ronge gold belt hosts several past-producing mines and advanced gold deposits, and management believes Contact Lake has strong potential to evolve into a cornerstone asset with district-scale growth opportunities.

Jonathan Wiesblatt, chief executive officer of Trident Resources, commented: "Launching our first drill program at Contact Lake is an exciting step forward for Trident and our shareholders. This 5,000-metre program is designed not only to validate historical results but also to demonstrate the expansion potential at the project. With gold mineralization identified historically and modern exploration techniques now being applied for the first time, we believe Contact Lake has the potential to become one of the more significant new gold projects in the La Ronge gold belt."

Next steps

Drilling is expected to continue through fall 2025, with first assay results anticipated later this year. The company will provide updates as results become available. Drilling will target past-producing Contact Lake mine, following up on historical high-grade intercepts including those shown in the attached table.

Qualified person

The scientific and technical data contained in this news release was 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 Resources 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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