GlobeNewsWire
09 Jun 2026, 07:15 UTC · 2h ago
Trident Resources Announces Mobilization of Drill Crews and Equipment for the Summer 2026 Drill Program at the Contact Lake Gold Project, Saskatchewan
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GlobeNewsWire
09 Jun 2026, 07:15 UTC · 2h ago
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Story key points
3 claims · impact-rated
Trident Resources is initiating a 20,000-metre summer drill program across 35 holes at the Contact Lake Gold Project. — The scale of the program is described as the largest in decades for the site, increasing the probability of expanding the known resource base.
+0.40Assay results are pending for 18 holes from the winter program at the Contact Lake target area and Preview SW deposit. — Pending assay results create a near-term catalyst that could drive the stock price depending on the gold grades reported.
+0.30Previous drilling has confirmed gold mineralization at depths exceeding 500 metres, while the mine previously closed at 340 metres. — Proof of deeper mineralization suggests significant untapped resource potential below the historical mine limits.
+0.20Ticker attribution
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Model heads
The company is launching its largest exploration phase in decades at a high-grade gold project with significant expansion potential.
Mentioned only as a historical reference regarding reported gold resources at the site.
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