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Trident Resources acquires strategic gold claims near Contact Lake project in La Ronge Gold Belt.

Company Fundamentals
22 Apr 2026
GlobeNewsWire
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Bullish
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Trident Resources Corp. has closed an option agreement to acquire up to 100% interest in 19 mineral claims totaling 3,586 hectares adjoining its Contact Lake Gold Project in the La Ronge Gold Belt, Saskatchewan. The acquisition includes claims with promising base and precious metal showings and aligns with Trident's ongoing 30,000m-40,000m drill program. The deal involves staged cash payments totaling C$85,000 and issuance of 40,000 shares over three years, with the seller retaining a 2% net smelter returns royalty, half of which Trident can buy back for C$1 million. This expansion strengthens Trident's land position in a highly prospective gold region and supports its exploration growth strategy.

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