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Trident Resources Announces Purchase of Additional 4,711 Hectares at the Contact Lake Gold and Greywacke Gold Projects
Vancouver, BC, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V:  ROCK ...
About this update from Trident Resources Corp.
[{"type":"text","content":"Trident Resources Announces Purchase of Additional 4,711 Hectares at the Contact Lake Gold and Greywacke Gold Projects\nVancouver, BC, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) (“Trident” or the “Company” ) is pleased to announce that it has signed a  mineral property purchase and sale agreement dated February 25th, 2026 (the “Agreement”) with Eagle Plains Resources Ltd.(“Eagle Plains” or the “Vendor”) pursuant to which the Company shall acquire up to 100% interest in 7 individual mineral dispositions that total approximately 4,711 hectares (ha) within the La Ronge Gold Belt in Northern Saskatchewan, Canada. Acquisition Highlights: Attractive acquisition price consisting of small cash payment Highly prospective mineral dispositions that are contiguous with Trident’s core high-grade gold projects of Contact Lake and Greywacke Lake Multiple high priority targets on the newly acquired dispositions that are on trend with our main assets in the La Ronge Gold Belt Trident’s Regional Project Location Map:https://www.tridentresourcescorp.com/_resources/images/nr-20260225-figure1.png Jonathan Wiesblatt, Trident’s CEO, commented: “The acquisition of these strategic new claims in and around our flagship Contact Lake Gold Project and Hailstone Project marks another important step in Trident’s long-term growth strategy. As part of our ongoing strategy to acquire as much highly prospective land as possible within the La Ronge Gold Belt, we have continued to methodically expand our footprint in this emerging gold district. Over the last 12 months alone, Trident has increased its total land holdings in the La Ronge Gold Belt by more than 30%, further strengthening our district-scale position and enhancing the exploration potential across our portfolio.”Agreement Terms – Payments and Commitments: The Vendor grants to the Company the sole and exclusive right to acquire 100% right, title and interest in and to the Property, in accordance with the terms of this Agreement by satisfying the following conditions: paying to the Vendor C$5,000 on the closing date; and granting the Vendor a 2.0% net smelter returns royalty of which the Company may purchase at any time one-half, ...