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, operated by Cameco Corporation between 1994 and 1998.
Located in Saskatchewan’s highly prospective La Ronge Gold Belt, the project hosts multiple deposits and targets, including Contact Lake, Preview SW, Preview North, North Lake and the Point target. Together, these provide significant 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, including access via Highway 102 and an all-weather site road, existing powerlines and nearby support from the community of Missinipe.
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. The historic Contact Lake mine produced approximately 190,000 ounces of gold at an average head grade of 6.16 g/t Au during active mining operations.
Exploration Progress
Trident Resources Corp. is advancing a systematic exploration strategy at Contact Lake, with consecutive drill programs in 2025 and 2026 continuing to define the scale, continuity and growth potential of a robust gold system.
2025 Program: Establishing the Foundation
The 2025 drill program comprised 6,838 metres in 19 drill holes and marked the first major modern drilling campaign at Contact Lake. The program was expanded beyond the initial 5,000 metre target based on encouraging visual mineralization.
Key 2025 Highlights
7.03 g/t Au over 43.25m from 121.0m (CL25003)
Including 30.06 g/t Au over 9.25m
2.49 g/t Au over 29.61m from 39.26m (CL25002)
Including 27.09 g/t Au over 2.21m
4.43 g/t Au over 39.50m from 329.5m (CL25007)
The 2025 results confirmed high-grade mineralization within and around the Bakos Shear and provided important geological insight into areas with limited historical drilling.
2026 Program: Expanding the System
The 2026 winter drill program was designed to build on the 2025 results and test the broader extent of mineralization at Contact Lake. The program was expanded from an initial 10,000 metres to approximately 13,000 metres, with 29 holes completed. Results from all Contact Lake winter drill holes have now been reported, with every hole intersecting gold mineralization. The Company has recommenced drilling at the project, with more than 20,000 metres planned during the summer and fall programs as part of a broader 30,000 to 40,000 metre drilling campaign through 2026.
Key 2026 Highlights
15.11 g/t Au over 51.83m from 256.00m (CL26036)
Including 20.69 g/t Au over 28.69m in the Bakos Shear
Including 1,055.00 g/t Au over 0.50m
17.88 g/t Au over 11.25m from 86.00m (CL26042)
Including 31.36 g/t Au over 6.25m
Including 42.53 g/t Au over 4.50m
41.46 g/t Au over 3.42m from 207.58m (CL26033)
Including 81.75 g/t Au over 1.73m
Including 179.50 g/t Au over 0.73m
10.05 g/t Au over 9.30m from 221.00m (CL26047)
Including 156.50 g/t Au over 0.50m
6.78 g/t Au over 10.25m from 42.00m (CL26048)
Including 17.10 g/t Au over 3.40m
Including 112.50 g/t Au over 0.50m
5.43 g/t Au over 16.00m from 206.00m (CL26045)
Including 12.70 g/t Au over 6.25m
5.07 g/t Au over 21.50m from 359.50m (CL26032)
4.61 g/t Au over 38.48m from 77.00m (CL26028)
Including 19.98 g/t Au over 5.15m
11.97 g/t Au over 10.70m from 324.30m (CL26025)
Including 39.26 g/t Au over 2.65m
All 29 drill holes reported from the Contact Lake winter program intersected gold mineralization, further validating the scale and continuity of the gold system. Assays remain pending for 11 drill holes completed at the nearby Preview Lake deposit area.
A Growing High-Grade Gold System
Recent drilling has significantly expanded the BK3 Zone and continues to demonstrate that Contact Lake hosts a laterally and vertically extensive gold system rather than isolated zones of mineralization. Results from the final seven winter drill holes returned additional high-grade gold intercepts, including 41.46 g/t Au over 3.42m in hole CL26033, confirming the presence of robust high-grade shoots within the broader mineralized corridor.
The winter drill program successfully intersected gold mineralization in all 29 drill holes completed at Contact Lake, highlighting the continuity of the system along strike and at depth. The BK3 Zone, located east-northeast of the historic Contact Lake Main Zone, continues to emerge as a significant area of growth, with drilling identifying both broad mineralized envelopes and well-developed high-grade cores.
Recent drilling has also confirmed additional shallow high-grade mineralization, highlighting the potential for multiple mineralized shoots and stacked zones within the broader shear system. The consistency of mineralization encountered across the program continues to strengthen the geological model and supports the potential for continued expansion at depth and along strike.
Mineralization remains open in all directions, and ongoing interpretation suggests the broader system extends across multiple parallel shear zones associated with the Bakos Shear corridor. With drilling now underway again, a strong treasury and more than 20,000 metres planned for the remainder of 2026, Contact Lake continues to evolve into one of the most active and compelling gold exploration projects in Saskatchewan's La Ronge Gold Belt.
Contact Lake Deposit
