Vancouver, BC — January 13, 2026 — Leads & Copy — Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) has announced additional positive diamond drill results from a further ten holes during its autumn 2025 drill program at the Contact Lake Project.
The company has released assay results from thirteen holes out of the total nineteen holes drilled to date. The holes reported in this release were collared northeast of the existing underground mine infrastructure to test for lateral extensions of the gold mineralization at relatively shallow depths. Holes CL25014 to CL25019 tested the extension of the mineralization below the known mine workings, and assays are pending.
The company is also mobilizing for a major follow-up winter drill program that will commence soon.
Highlights of the drill program include:
- The first thirteen holes in Trident’s inaugural drill program at Contact Lake all intersected substantial gold mineralization within broad zones of shearing and alteration at relatively shallow depths.
- Hole CL25006 returned 7.28 g/t gold over 15.0m from 272.0m including 16.69 g/t Au over 6.0m from 272.0m.
- Hole CL25007 returned 4.43 g/t Au over 39.5m from 329.5m including 5.76 g/t gold over 15.5m and 9.43 g/t Au over 6.0m from 329.5m.
- Hole CL25005 returned 5.66 g/t gold over 5.94m from 100.06m including 42.95 g/t gold over 2.55m from 142.0m.
- Hole CL25008 returned 7.41 g/t gold over 6.0m from 139.0m.
- A sizeable, fully-funded winter drill program is set to commence shortly at Contact Lake.
According to Jon Wiesblatt, CEO of Trident Resources, the results validate Contact Lake as a high-grade orogenic gold system with blue-sky upside. He noted that every drill hole thus far has intersected notable mineralization, including several holes with very high-grades over wide intercepts. The drilling has tested zones outside the historical mine footprint at the past-producing Cameco operation, which underscores the scale and potential that remains untapped.
The team believes this will add significantly to the recent resource estimate announced by the company, especially given the Contact Lake target area was not included in the global resource. Wiesblatt stated that with demonstrated continuity of mineralization and limited historical drilling in a jurisdiction like Saskatchewan, Contact Lake has the hallmarks of a transformative asset with a much larger gold system still to be defined.
Furthermore, with the inaugural drill program now completed and having exceeded expectations, the company is eager to return to Contact Lake this winter to aggressively follow up on this early success. Trident is fully-funded for this next phase of drilling, with more than $12 million in cash and marketable securities to support the winter drilling program and near- to medium-term corporate growth plans. This strong balance sheet allows the company to stay focused on systematic, high-impact exploration as it works to unlock the full potential of this high-grade gold system.
Of the first thirteen holes, holes CL25001 through CL25005, targeted shallow high-grade gold mineralization (<200m depth) approximately 100m northeast of the highest levels of the existing mine infrastructure. Previously reported hole CL25003 intersected high-grade gold above, below and within the main mineralized Bakos Shear structure including 7.89 g/t Au over 23.0m starting at 69.0m depth and 7.03 g/t Au over 43.3m starting at 121.0m (see news release dated November 12th, 2025). Holes CL25006 and CL25007 intersected strong gold mineralization at moderately shallow depths immediately northeast of the M-zone ore lens between the mine infrastructure and the BK3 zone, an area that hosts significant drill-defined gold mineralization located 75m toward the northeast. Holes CL25008 and CL25009 tested for progressively shallower mineralization within the low drill density corridor between the Main Zone and the BK3 zone. Holes CL25010 through CL25013 were drilled in areas adjacent to historical mining infrastructure to test for mineralized extensions along strike from the upper levels of the historical mine site.
The first thirteen holes all intersected broad zones of shearing and alteration with substantial gold mineralization in an area with no known production and low historical drill density. High-grade gold has been intersected within the Bakos Shear Zone as well as in the hanging wall (above) and the footwall (below) the main host to gold mineralization. Trident is strongly encouraged by the assay results thus far as they prove that the orogenic gold mineralizing system present at Contact Lake is persistent both laterally and at depth. The company will continue to explore and drill test for new mineralized zones in a systematic manner as the team looks to expand on the recently discovered high-grade gold mineralization.
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 g/t Au during active mining operations between 1994 to 1998. 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 40km northeast of Contact Lake), these four deposits are wholly-owned by Trident Resources and host current Mineral Resource Estimates (see news release dated November 24th, 2025) which does not include any ounces from the past producing Contact Lake target area.
Contact:
Jonathan Wiesblatt, Chief Executive Officer
Email: Jon.Wiesblatt@tridentresourcescorp.com
Andrew J. Ramcharan, PhD, P.Eng., Corporate Communications
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Source: Trident Resources Corp.
