Mr. Jonathan Wiesblatt reports

TRIDENT RESOURCES ANNOUNCES MOBILIZATION OF DRILL CREWS AND EQUIPMENT FOR THE SUMMER 2026 DRILL PROGRAM AT THE CONTACT LAKE GOLD PROJECT, SASKATCHEWAN

All geologic and drilling personnel and equipment, including two drills, have been mobilized to Trident Resources Corp.'s Contact Lake gold project for the onset of the 2026 summer drill program. Trident plans to drill over 20,000 metres in approximately 35 drill holes at the Contact Lake project between June and November. Furthermore, assays are still pending for seven holes from the winter program at the Contact Lake target area as well as 11 holes from the Preview SW deposit, located three kilometres to the southeast.

Drilling activities will be focused on expanding the known gold mineralization both along strike and at depth as the Contact Lake deposit remains open for expansion in all directions. The recently completed 2026 winter drill program successfully extended high-grade gold mineralization to the northeast at the BK3 zone. The summer program will seek to grow the resource base along strike to the west and at depth in multiple prospective target areas.

Contact Lake is a shear-hosted orogenic gold deposit, a type of mineral deposit that can host high-grade gold mineralization at depths that exceed 1,000 metres in depth. Mine production at Contact Lake reached a maximum depth of 340 metres at the time of closure in 1998, despite drill-defined gold intercepts below that level. With only limited drilling, Trident successfully discovered significant gold mineralization at vertical depths greater than 500 metres below surface during the fall 2025 drill program and will seek to extend those high-grade zones in the coming months.

Jon Wiesblatt, chief executive officer of Trident Resources, stated: "Following the exceptional success of our 2025 and early 2026 drilling campaigns, Contact Lake is rapidly emerging as one of the most exciting high-grade gold projects in Canada. The project continues to exemplify the key characteristics associated with some of Canada's most successful gold discoveries, including exceptional grades, multiple stacked mineralized structures, strong continuity, and significant expansion potential both along strike and at depth. With mineralization now confirmed more than 500 metres below surface and the deposit remaining open in all directions, we believe we are only beginning to unlock the true scale of this system.

"Our plus-20,000-metre summer drill program represents the largest single exploration phase in many decades at Contact Lake and reflects our commitment to aggressively advancing and expanding the project. Beyond growing the known mineralized footprint, we are also focused on new discoveries and systematically exploring our surrounding land package, including the Preview and Greywacke deposits, as we work toward establishing a district-scale gold system in the heart of the La Ronge gold belt. We believe the combination of multiple gold deposits, past-producing mines, extensive infrastructure and notable exploration upside all position Trident to advance Canada's next emerging gold camp and create significant long-term value for our shareholders."

Contact Lake gold project overview

The Contact Lake gold project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced approximately 190,000 ounces of gold at an average head grade of 6.16 grams per tonne gold during active mining operations between 1994 to 1998. At the time of mine closure, the price of gold hovered around $300 (U.S.) per ounce and Cameco Corp. reported that substantial gold resources were left unmined. Situated in the highly prospective La Ronge gold belt of Saskatchewan, the Contact Lake property also hosts the Preview SW, Preview North and the North Lake orogenic gold deposits.

Along with the Greywacke North deposit (located by road 40 kilometres northeast of Contact Lake), these four deposits are wholly owned by Trident Resources and host current mineral resource estimates (see Trident's news release dated Nov. 24, 2025) which do not include any gold-related ounces from the past-producing Contact Lake target area.

Quality assurance and quality control

All drill core is logged, photographed and cut in half with a diamond saw. Half of the core is placed in sealed poly bags with unique identification numbers and transported to ALS Global in Saskatoon, Sask., for analysis, while the other half is archived and stored on site for verification and reference purposes.

At the lab, samples are received and digitally recorded then dried and pulverized into a fine powder. Gold is assayed using a 30-gram fire assay method and 49 additional elements are analyzed by inductively coupled plasma (ICP) utilizing a four-acid digestion. Secondary metallic screen analyses are performed on select mineralized zones and all samples that return greater than three grams per tonne gold to quantify the nugget effect of the gold mineralization. QA/QC samples including field blanks, duplicates and lab-certified standards are inserted in the sample stream at a rate of greater than 10 per cent of all samples submitted to the lab. ALS Global also conducts its own internal QA/QC protocol.

Qualified person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Cornell McDowell, PGeo, vice-president, exploration, for Trident Resources and the qualified person for Trident as defined by NI 43-101.

About Trident Resources Corp.

Trident Resources is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The company is aggressively advancing its 100-per-cent-owned Contact Lake and Greywacke Lake projects, which host significant 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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