Trident Resources Signs Option Agreement to Option Adjoining Property on Major Gold Trend in Saskatchewan Canada

About this update from Trident Resources Corp.

[{"type":"text","content":"Trident Resources Signs Option Agreement to Option Adjoining Property on Major Gold Trend in Saskatchewan Canada\n\n\n\n Vancouver, BC, July 29, 2025 (GLOBE NEWSWIRE) --\n \n Trident Resources Corp. (TSX-V:\n \n\n\n\n ROCK\n \n\n\n\n ) (OTCQB:\n \n\n\n\n TRDTF\n \n\n\n\n )\n \n (“\n \n Trident\n \n ” or the “\n \n Company\n \n ” or the “\n \n Optionee\n \n ”)  is pleased to announce that it has signed an option agreement (the\n \n “Agreement\n \n ”) with an individual land owner (“\n \n Optionor\n \n ”) pursuant to which the Company has optioned a property (the “\n \n Project\n \n ”) that borders one of Trident’s core high-grade gold assets. The Company can earn a 100% interest in the Project which is made up of 6,902 hectares of claims with prospective gold exploration potential directly adjacent to Trident’s Greywacke Gold Project in the La Ronge Gold Belt.\n \n\n\n Acquisition Highlights:\n \n\n\n\n\n Highly prospective land package adjacent to Trident to the North-East and South-West of one of our core gold projects;\n \n\n\n\n Multiple high-priority targets on the newly acquired property that are on trend with Trident’s deposits;\n \n\n\n\n Attractive acquisition price comprised of cash and shares of Trident with exploration expenditures; and\n \n\n\n\n Required exploration expenditures can be covered with a strong treasury - Trident has over CAD $11M million in working capital and is fully funded for its upcoming summer drill program at the flagship Contact Lake Gold Project\n \n\n\n\n Historical Hailstone Property Highlights:\n \n\n\n\n\n Anomalous areas are associated with known gold occurrences, with grab samples assaying up to 15.9 g/t gold (“Au”) (Bornite Zone target) as reported previously by Pelangio (see press release October 7\n \n th\n \n , 2019); and\n \n\n\n\n The 2021 drill program was focused on the Asbell Bay target area. These holes targeted known gold occurrences such as the Bornite Zone which returned surface grabs up to 15.9 g/t Au and 2.68% Cu as well as several coincident geophysical and gold till anomalies along the 1.8 km long Asbell Bay trend as reported previously by Pelangio (see press release May 7\n \n th\n \n , 2021).\n \n\n\n Jonathan Wiesblatt, Trident’s CEO, comm...

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