-- 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.