Trident Resources has mobilized all geologic and drilling personnel and equipment to the Contact Lake Gold Project in Saskatchewan for the 2026 summer drill program. The company plans to drill over 20,000 metres in approximately 35 drillholes between June and November. This program represents the largest single exploration phase in many decades at Contact Lake and aims to expand the known gold mineralization both along strike and at depth.

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 focus on growing the resource base along strike to the west and at depth in multiple prospective target areas. Assays are still pending for seven holes from the winter program at the Contact Lake target area as well as eleven holes from the Preview SW deposit located 3km to the southeast.

Jon Wiesblatt, CEO of Trident Resources, stated that the project is emerging as one of the most exciting high-grade gold projects in Canada. He noted that mineralization is confirmed more than 500 metres below surface and the deposit remains open in all directions. The company believes it is only beginning to unlock the true scale of the system.

The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine. Historical production between 1994 to 1998 yielded approximately 190,000 ounces of gold at an average head grade of 6.16 g/t Au. The property hosts the Preview SW, Preview North, North Lake, and Greywacke North deposits, which are wholly-owned by Trident Resources.

Project Details

Drill core is logged, photographed, and cut in half, with samples transported to ALS Global in Saskatoon for analysis. Gold is assayed using a 30g fire assay method. The technical information in the release has been reviewed and approved by Cornell McDowell, P.Geo., VP Exploration for Trident Resources and the Qualified Person as defined by NI 43-101.

Trident Limited has been awarded the Gold Trophy in the category of Highest Global Exports by The Cotton Textiles Export Promotion Council (TEXPROCIL). The recognition was presented at the TEXPROCIL Export Awards 2023–24, held on May 25, 2026, in Mumbai. This award underscores the company's export performance and its established position in the global textile industry.

The award ceremony was graced by Smt. Nirmala Sitharaman, the Hon’ble Union Minister of Finance & Corporate Affairs. TEXPROCIL, established in 1954 by the Government of India, is an autonomous, nonprofit body dedicated to promoting exports and serves as the international face of Indian cotton textiles. The council has a membership of approximately 2,000 companies across major textile clusters in India.

Trident Limited is the flagship company of Trident Group, a global business conglomerate. Headquartered in Ludhiana, Punjab, the company operates as a vertically integrated manufacturer across three primary segments: Textile (Yarn, Bath & Bed Linen), Paper (Wheat Straw-based), and Chemical. Its manufacturing facilities are located in Punjab and Madhya Pradesh.

The company supplies national, captive, and retailer-owned brands and is recognized as one of the largest players in home textiles in India. Trident’s businesses have received global recognition for product quality, social responsibility, and environmental stewardship, earning awards from customers, vendors, and government entities.