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Contact Lake Deposit

Projects
The Contact Lake Gold Project

Saskatchewan, Canada

The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake Gold Mine, which was operated by Cameco Corporation between 1994 and 1998.

Situated in the highly prospective La Ronge Gold Belt of Saskatchewan, the property hosts multiple deposits and targets, including the Contact Lake, Preview SW, Preview North and North Lake deposits as well as the Point target. Together, these provide material discovery potential across a well-endowed and underexplored gold belt.

The project is located approximately 60 kilometres northeast of La Ronge and benefits from excellent infrastructure. Access is provided via Highway 102 and an all-weather site road, with existing powerlines and nearby support from the community of Missinipe, located 30 kilometres to the north.

Historically referred to as the Bakos Gold Zone, the deposit was first identified in 1984 by Saskatchewan Mining Development Corporation, later Cameco Corporation, as part of the Preview Lake Exploration Program. This work also led to the discovery of several nearby targets that remain central to current exploration efforts.

Geologically, the project is located at the southern end of the Proterozoic La Ronge Domain and is hosted within the Little Deer Lake pluton, a composite intrusive body that is directly linked to widespread gold mineralization in the area.

Exploration Progress

Trident Resources is employing a systematic exploration strategy at Contact Lake, with consecutive drill programs in 2025 and 2026 that have progressively defined the scale, continuity, and growth potential of the robust gold system present at Contact Lake.

2025 Program: Establishing the Foundation

The 2025 drill program marked an important step in advancing Contact Lake, delivering strong initial results and providing the first modern dataset to guide future exploration.

The program comprised 6,838 metres in 19 drill holes, which was extended beyond the initial 5,000 metre target based on encouraging visual mineralization observed during drilling. Operations benefited from nearby infrastructure, supporting efficient execution and cost control.

Key Highlights

Building the Geological Model

Drilling in 2025 successfully intersected multiple zones of gold mineralization down-dip and along strike of the historical Contact Lake underground mine workings. These results confirmed the presence of high-grade mineralization within the footwall zone of the Bakos Shear and provided key insights into areas with limited historical drilling.

The consistency of mineralization supported the interpretation of a structurally controlled system with potential for both lateral and vertical expansion.

2026 Program: Expanding the System

Building on the momentum from 2025, the 2026 drill program was designed to systematically test the broader extent of mineralization and accelerate the pace of discovery.

The winter program was expanded from an initial 10,000 metres to approximately 13,000 metres following strong early results. The Company is targeting a total of 30,000 to 40,000 metres of drilling throughout 2026, positioning Contact Lake as one of the most active exploration projects in the La Ronge Gold Belt.

Key Highlights

A Growing Gold System

Results from the 2026 program demonstrated that Contact Lake hosts a laterally and vertically continuous gold system rather than isolated zones. Broad mineralized intervals with well-developed high-grade cores were identified in multiple drill holes.

Drilling extended mineralization along strike and at depth, including into the BK3 target area, supporting the interpretation of a large, structurally controlled gold system with significant expansion potential.