Mr. Jonathan Wiesblatt reports

TRIDENT RESOURCES ANNOUNCES COMPLETION OF HIGH-RESOLUTION AIRBORNE GEOPHYSICAL SURVEY OVER THE REINDEER GOLD PROPERTY AND THE COMMENCEMENT OF A TIGHTLY-SPACED DRONE MAGNETIC SURVEY AT CONTACT LAKE

The fixed-wing low level tight drape high-resolution radiometric and magnetic survey over Trident Resources Corp.'s Reindeer gold project has been completed. The survey comprised over 6,600 line kilometres and covered the entirety of the early stage 29,300-hectare property located in Saskatchewan's underexplored La Ronge gold belt (LRGB).

Reindeer gold project survey details

The Reindeer project is host to multiple documented mineral occurrences and straddles over 40 kilometres of the Duck Lake shear zone, an important geologic structure that marks the contact between the La Ronge and Kisseynew lithostructural domains. This boundary is intimately associated with several past-producing mines, existing gold deposits and numerous gold occurrences throughout the LRGB.

The combined radiometric and magnetic survey featured 50-metre line spacing with 250 m tie lines to produce high-resolution data that will help to delineate lithologic boundaries and geologic structures that could host undiscovered gold deposits. The survey area at Reindeer also features three distinct strands of the regional Tabbenor fault system, host to SSR's Seabee gold project located 80 kilometres south of Reindeer.

Contact Lake drone magnetic survey

In addition to the airborne geophysical survey over Reindeer, Trident also announces that a tightly spaced (25 m) drone magnetic survey is under way at the Contact Lake gold property. The drone-based survey will cover a large (eight-square-kilometre) area that includes the Contact Lake mine site and an area that hosts intersecting shear structures with coincident gold-in-soil and gold-in-rock anomalies.

In 2026, Trident has already completed over 2500 soil samples in the area encompassed by the drone survey. The combined surface, magnetic and existing drill data will be used to understand the controlling structures and locate near-term drill targets at Contact Lake.

Contact Lake 2026 exploration program update

The 2026 summer drill program at Contact Lake has just surpassed 11,000 m of an anticipated 20,000 m. Drilling is focused on extending the known high-grade mineralization at depth and along strike.

In addition to the ambitious drill program, Trident is conducting a comprehensive soil sampling program (9,000 samples) at both Contact Lake and the adjacent Preview project, which hosts the Preview SW and Preview North deposits.

Soil grids at Preview will cover highly prospective areas along the Preview mineralized trend between the two deposits and southwest of Preview SW, where existing magnetic survey data outlines compelling exploration targets.

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 Au during active mining operations between 1994 to 1998.

At the time of mine closure, the price of gold hovered around $300 (U.S.)/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 km northeast of Contact Lake), these four deposits are wholly owned by Trident Resources and host current mineral resource estimates (Trident news release Nov. 24, 2025) which do not include any gold-related ounces from the past-producing Contact Lake target area.

District-scale exploration strategy

Trident intends to advance its assets in the under-explored LRGB through focused drilling, prospecting, surface sampling and geophysical surveys to unlock potentially immense value in an emerging gold-rich district.

Trident's large land package of 98,700 hectares within the LRGB is strategically located to cover numerous mineral occurrences associated with the highly prospective boundary between the La Ronge and Kisseynew lithostructural domains, a compelling exploration target area that helps forms the thesis of Trident's exploration strategy.

"We continue to build out the compelling district and regional-scale potential of the La Ronge gold belt," said Jon Wiesblatt, chief executive officer of Trident Resources. "Our expansive land position of nearly 100,000 hectares gives Trident a critical competitive advantage in this emerging gold district, underpinning a resource base of over 2.0 million ounces across four wholly owned deposits -- and notably, this figure excludes any ounces from our past-producing, high-grade Contact Lake gold mine, which we believe holds substantial additional upside.

"With a strong balance sheet and a fully funded 2026 exploration program, Trident is well positioned to aggressively advance its district-scale strategy. Looking ahead, shareholders can expect a steady stream of catalysts over the remainder of the year, including assay results from our 20,000-metre summer and fall drill programs, as we work to unlock the full potential of the belt."

Reindeer project acquisition details

The company elected to accelerate its earn-in on the Reindeer project and has issued one million common shares of the company to Reinco Exploration Ltd. to complete the acquisition of a 100-per-cent interest in the Reindeer project, ahead of the schedule set out in the original option agreement.

Under the option agreement dated Sept. 8, 2025, Trident could earn up to a 100-per-cent interest in the Reindeer project in three stages: a 50-per-cent interest through a $35,000 cash payment and the issuance of one million common shares at closing; a 75-per-cent interest through the issuance of a further 500,000 common shares within the first anniversary of the agreement; and a 100-per-cent interest through the issuance of a final 500,000 common shares within the second anniversary.

Having already completed the first stage, the company has now opted to accelerate and complete the remaining two stages together, issuing the combined one million common shares to bring its interest in the Reindeer project to 100 per cent, well ahead of the original timeline.

All shares issued to Reinco remain subject to a four-month statutory hold period in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

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 National Instrument 43-101.

About Trident Resources Corp.

Trident Resources is a Canadian gold exploration company focused on advancing district-scale opportunities in Saskatchewan's La Ronge gold belt. The company has assembled a large and strategic land position encompassing the several gold projects, which host foundational gold resources, together with a growing portfolio of highly prospective regional exploration properties.

Trident's current exploration focus is at the 100-per-cent-owned Contact Lake gold project, host to a past-producing high-grade gold mine where active drill programs are under way to expand known mineralization and unlock the broader district-scale potential of the belt. Backed by a strong treasury as well as an experienced technical and capital markets team, Trident is advancing multiple opportunities with the goal of becoming a leading explorer in one of Canada's emerging gold districts

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