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7 stories mentioning ROCK.VUpdated 1d ago

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Mining & Metals

Trident Resources Says All Seven Holes Were Drilled On Winter Ice Into BK3 Zone At Contact Lake Target Area, Northern Saskatchewan

Trident Resources' (ROCK.V) seven diamond drill holes from the 2026 winter drill program at the Contact Lake Gold project in northern Saskatchewan, were drilled on winter ice into the BK3 Zone at the Contact Lake target area and intersected high-grade gold mineralization, it said Wednesday.Eleven holes remain unreported with assays pending from the Preview Lake deposit area located about three kilometres from the Contact Lake target area."The strength and continuity of the mineralization we're seeing confirms our belief that the Contact Lake target area is highly prospective within the project area and within Trident's entire portfolio," said Trident chief executive Jon Weisblatt. "These results warrant much more drilling to test the extension at depth and along strike."Shares of the company closed up 8.3% to $4.20 on Tuesday on the TSX Venture Exchange.

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Mining & Metals

Trident Resources Mobilizes Crews, Equipment for Summer Drill Program at Contact Lake Gold Project

Trident Resources (ROCK.V) has mobilized geologic and drilling personnel and equipment to the Contact Lake gold project for the 2026 summer drill program, the company said Tuesday.The mobilization includes two drills, and over 20,000 meters will be drilled in about 35 drill holes between June and November.Drilling activities will be focused on expanding the known gold mineralization both along strike and at depth as the Contact Lake deposit remains open for expansion in all directions.The summer program will seek to grow the resource base along strike to the west and at depth in multiple prospective target areas."Our [over] 20,000-meter summer drill program represents the largest single exploration phase in many decades at Contact Lake and reflects our commitment to aggressively advancing and expanding the project," said Jon Wiesblatt, Chief Executive Officer of Trident.Assays are pending for seven holes from the winter program at the Contact Lake target area as well as 11 holes from the Preview SW deposit located 3 kilometers to the southeast. The winter program extended high-grade gold mineralization to the northeast at the BK3 zone.

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Mining & Metals

Trident Resources Intersects Additional High-Grade Gold from Contact Lake Project

Trident Resources (ROCK.V) intersected additional high-grade gold from the Contact Lake gold project in Saskatchewan, the company said Wednesday.Highlights include 17.88 grams per tonne (g/t) gold over 11.25 m, including 42.53 g/t gold over 4.50 m.The results further demonstrate the strong continuity of mineralization at the project, Trident said."The presence of multiple parallel mineralized shear zones, combined with consistent high-grade gold intercepts, supports our belief that Contact Lake and the surrounding area have the potential to evolve into a new gold camp in Canada," CEO Jon Wiesblatt said.Meanwhile, Trident will receive a C$150,000 rebate from Saskatchewan's Targeted Mineral Exploration Incentive as its 2025 exploration work met the requirements for the program.The company will use the funds to advance exploration on its La Ronge Gold Belt properties.Price: $4.57, Change: $-0.07, Percent Change: -1.51%

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Mining & Metals

Trident Intersects Best Drill Results to Date at Contact Lake Project in Saskatchewan

Trident Resources (ROCK.V) intersected its best drill result to date at the Contact Lake gold project in Saskatchewan, the company said Wednesday.Trident drilled 15.11 grams per tonne (g/t) gold over 51.83 meters in hole CL26036, representing" a rare, high-grade result in Canadian gold exploration," the company said.The company also reported high-grade gold values from a broad zone of variably sheared host rocks within and adjacent to the Bakos Shear Zone. Other results include 5.07 g/t gold over 21.50 meters."What makes these results particularly compelling is the fact that mineralization remains open in all directions, highlighting the significant growth potential we see across the system," Chief Executive Officer Jon Wiesblatt said."We are seeing high-grade gold associated with multiple, parallel shear zones in drilling which is exciting as the potential convergence of these zones at depth represents an untested high-priority drill target," Wiesblatt added.An additional 15 drill holes are pending from Contact Lake, targeting the high-grade BK3 zone. The company also plans to conduct drill programs in summer and fall.

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Mining & Metals

Trident Closes Option Agreement to Acquire Strategic Claims adjoining the Contact Lake Gold Project

Trident Resources (ROCK.V) on Wednesday said received TSX Venture Exchange approval and closed its property option agreement with North-Sask. Ventures to acquire up to a 100% stake 19 mineral claims totaling 3,586 hectares in Sasktchewan's La Ronge Gold Belt.The claims host numerous base and precious metal showings that have seen only limited exploration and are contiguous with Trident's current land holdings, the company said.Trident's shares closed up $0.18 at $2.70 on TSXV on Wednesday.

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Mining & Metals

Eagle Plains Resources Closes Saskatchewan Property Sale

Eagle Plains Resources (EPL.V) on Tuesday said it received conditional approval from the TSX Venture Exchange to close the purchase and sale agreement with Trident Resources (ROCK.V) on seven individual non-core claim blocks in Saskatchewan totalling 4,711 hectare, a non-arm's-length deal.The company said the projects are located in the La Ronge Gold Belt and are contiguous with Trident's extensive land holdings in the area. Under the terms, Trident will buy a 100% interest in the properties for a cash consideration of $5,000 with EPL retaining a 2% net smelter royalty on all of claims, one half of which may be purchased by Trident for $1 million.Shares of Eagle Plains Resources were last seen up 2.3% at $0.22 on the TSX Venture Exchange.Price: $0.22, Change: $+0.01, Percent Change: +2.33%

$EPL.V$ROCK.V
Mining & Metals

Trident Intersects High-Grade Gold from Contact Lake Project, Expands Winter Drill Program

Trident Resources (ROCK.V) said Wednesday that it intersected high-grade gold from the first nine diamond drill holes in its winter drill program at the Contact Lake gold project in Saskatchewan.As a result, the company expanded its winter drill program at the Contact Lake gold project in Saskatchewan to 13,000 meters from 10,000 m.Drill highlights include 4.61 grams per tonne (g/t) gold over 38.48 meters, including 5.48 g/t over 26.14 m, and 11.97 g/t gold over 10.70 m."We are extremely encouraged by these results, which continue to demonstrate the strength and continuity of the mineralized system at Contact Lake," Chief Executive Officer Jonathan Weisblatt said."Encountering additional high-grade mineralization both along strike and at depth reinforces our view that we are not dealing with isolated occurrences, but with a growing, cohesive gold system," Weisblatt added.

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