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Trident Resources Corp.

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Trident Resources Corp.

Investor website: https://www.tridentresourcescorp.com/

About

Trident Resources Corp. (TSX-V: ROCK | OTCQB: TRDTF | FRA: 6BP0) is a Canadian gold exploration company advancing a district scale gold exploration strategy in the La Ronge Gold Belt of northern Saskatchewan. The Company's vision is to help establish the La Ronge Gold Belt as Canada's next major gold camp by systematically advancing multiple gold deposits across a dominant regional land position of approximately 98,700 hectares, targeting multi million ounce gold potential within one of the world’s top ranked mining jurisdictions. Trident's current resource portfolio includes approximately 0.9 million ounces of Indicated gold resources and 1.1 million ounces of Inferred gold resources across its existing gold projects. The flagship asset is the 100% owned Contact Lake Gold Project, a 22,790 hectare property that includes the past producing high grade Contact Lake Mine, which produced approximately 190,000 ounces of gold from 1994 to 1998. Recent drilling has demonstrated significant growth potential, and the Company is currently undertaking a 20,000 metre Summer 2026 drill program at Contact Lake.

Verified company data

Cash position
22m
Shares outstanding
39.89m
Fully diluted shares
48.72
Mineral resource
The Knife Lake Project boasts a comprehensive database of over 400 drill holes derived from extensive historical and modern exploration programs completed between 1968-2022. The most recent work completed by Rockridge Resources (now Trident Resources) comprised drill programs in 2021 & 2022 (2900m) and an innovative VTEM geophysical survey in 2021. A new comprehensive 3D geophysical model based on the 2021 VTEM survey data has identified up to 15 km of conductive anomalies across the same prospective stratigraphy that hosts the Knife Lake Deposit. The prospective mineralized zone at Knife Lake spans approximately 4km along strike, averages 300m in width, is approximately 15m thick and dips between 30°–45° toward the East. The deposit is hosted in felsic to intermediate volcanic rocks that have been metamorphosed to amphibolite grade. Mineralization consists of semi-massive to massive pyrrhotite-pyrite-chalcopyrite and sphalerite that appears to be structurally controlled and partially remobilized by late granitic intrusions. The Knife Lake Project is interpreted to be a VMS deposit with near surface Cu-Zn-Ag-Co mineralization that may be amenable to open pit mining. The economic viability of the Knife Lake Deposit will depend on successfully expanding mineralization along strike and at depth with a focus on the regional structures and volcanic stratigraphy that host several sulphide occurrences. There are many compelling regional targets at Knife Lake including Redhill Lake, Scimitar Lake, Pistol Lake and Gilbert Lake, where high-grade copper mineralization was discovered through initial drill testing in 2022.
Projects
["Contact Lake Project (Contact Lake, Preview SW, Preview North and North Lake Deposits): The Contact Lake Gold Project, Trident Resources Corp.’s flagship asset, encompasses approximately 23,000 hectares in Saskatchewan’s prolific La Ronge Gold Belt. Strategically located near the convergence of the La Ronge, Kisseynew and Glennie domains within the Reindeer Zone, the Project covers highly prospective geology with significant potential for resource expansion and new discoveries. The Project hosts four principal gold deposits: Contact Lake, Preview SW, Preview North and North Lake. Together, these deposits form the foundation of Trident’s strategy to consolidate and systematically advance multiple gold systems across one of Saskatchewan’s most prospective yet underexplored gold districts. At the centre of the Project is the past-producing Contact Lake Gold Mine, which provides a strong historical foundation for continued exploration. The broader property also hosts the Point Lake Target, an advanced-stage gold prospect that the Company intends to advance through future exploration. With multiple established deposits, a past-producing gold mine and significant areas that remain underexplored, the Contact Lake Gold Project offers substantial potential to expand known mineralization and generate new discoveries. This positions the Project as a cornerstone of Trident’s long-term strategy for growth, discovery and value creation in the La Ronge Gold Belt.","Greywacke Lake Gold Project: The Greywacke Lake Gold Project is located approximately 88 km northeast of La Ronge and 22 km northeast of the community of Missinipe. Road access to the 25,845 hectare project is available via an 11 km access trail that branches southeast from Highway 102. The main project area is comprised of three sub-parallel zones, North, Central and South that are part of the 7 km Wacke Mineralization Trend. The recently expanded Greywacke Project now includes the Hailstone Property, along with the Greywacke North Gold Deposit in the North Zone, which hosts a historical Mineral Resource Estimate from 2021. Other mineralized targets along the Wacke trend include: The Closure Lake and Lyons Zone Showings are located 930m and 1,200m along strike to the southwest of the Greywacke North Deposit. These showings are hosted by the same biotite arenite unit that hosts the Greywacke North Deposit. Mineralization consists of a combined 3% pyrite + pyrrhotite and 5% magnetite disseminations and fracture fillings with associated fine-grained (non-visible) gold. The Hoover Gold Showing is located 3.5 km northeast of the Greywacke North Deposit. The stratiform 5m x 15m gold showing consists of two auriferous zones within a sulfide rich biotite arenite unit that hosts up to a combined 5% pyrite + pyrrhotite. Gold occurs as visible grains and intergrowths with the sulfides. The Wasp Lake Showing is located 2.4 km northeast of the Hoover Gold Showing. This stratiform showing, which is on strike and geologically identical to the Greywacke North Gold Deposit, consists of an auriferous zone within a sulfide-rich biotite arenite with up to 5% pyrite + pyrrhotite and gold that occurs as visible grains and intergrowths with the sulfides. The Shandy Lake Showing is located 1.5 km northwest of the Greywacke North Deposit in a series of metasedimentary rocks that have been intruded by a Berven Lake diorite intrusion. The showing is hosted in a series of 1m to 3m wide subvertical ENE trending sub-parallel shears that form a 50m wide zone of deformation that follows the contact between the diorite and the adjacent lapilli tuffs. Pyrite and associated gold are found as disseminations and fracture fillings in quartz veins within the shear zone.","Knife Lake Project: The Knife Lake Copper VMS Project is an advanced-stage copper, silver, zinc, gold and cobalt exploration property comprising approximately 36,000 hectares in northeastern Saskatchewan. On July 13, 2026, Trident entered into an option agreement with Apogee Minerals Ltd., pursuant to which Apogee may earn a 100% interest in the project through staged cash payments, share issuances and exploration expenditures. The transaction unlocks value from this non-core asset by providing immediate and future consideration to Trident shareholders while allowing the Company to remain focused on advancing its district-scale gold portfolio in Saskatchewan's La Ronge Gold Belt. The Knife Lake Deposit is a near-surface stratabound VMS-style system that hosts a historical NI 43-101-compliant mineral resource estimate consisting of pit-constrained Indicated and Inferred resources. The mineral resources have been estimated in conformity with generally accepted CIM “Estimation of Mineral Resource and Mineral Reserves Best Practices” guidelines (CIM, 2014) and are reported in accordance with the Canadian Securities Administrators’ National Instrument 43-101 (CSA, 2018). Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resource will be converted into mineral reserves. The NI 43-101 resource estimate has an effective date of June 12, 2019. In 2022, the company completed a 936m, six-hole diamond drill program focused on infill and expansion at the Knife Lake Deposit, alongside first-pass exploration at Gilbert Lake. Assay results confirmed high-grade copper mineralization consistent with VMS-style systems and extended mineralized zones. Highlights include: Knife Lake Deposit: Intercepts up to 15.9m of 1.93% Cu and 2.35% CuEq (KF22030), including 9.0m of 2.65% CuEq. Gilbert Lake: Drilling confirmed prospective geology with trace chalcopyrite and semi-massive sulfides, indicating potential for a larger VMS system. Follow-up exploration is planned."]
Leadership
Jon Wiesblatt (CEO, Director, Over two decades of experience in the financial industry with a focus on mining as an analyst and institutional investor. Specializes in equity research, portfolio management, and capital markets.), Jordan Trimble, B.Sc., CFA (President, Director, Entrepreneur with extensive experience in management, corporate finance, and strategy in the resource industry. Previously CEO of Skyharbour Resources and Corporate Development Manager for Bayfield Ventures.), Cornell McDowell (P.Geo.) (VP Exploration & QP, Professional Geologist with experience in mineral exploration since 2005, previously Vice President of Exploration for Aben Minerals.), Chantelle Collins (CFO, Holds a Bachelor's degree in Accounting and is a CPA with over 17 years of experience in public sector financial reporting.), Lubica Keighery (IR and Corporate Development, Experienced in Investor Relations and Strategic Communications, previously worked with MAS Gold Corp. and Eros Resources Corp.)

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