Trident Resources Corp. TSXV:ROCK

Trident Resources Announces Option Agreement to Acquire Strategic Claims from Edge Geological Consulting Within the La Ronge Gold Belt

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Trident Resources Announces Option Agreement to Acquire Strategic Claims from Edge Geological Consulting Within the La Ronge Gold Belt
Trident Resources Corp.

Vancouver, BC, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) (“Trident” or the “Company” or the “Optionee”) is pleased to announce that it has signed a  Property Option Agreement dated October 21, 2025 (the “Agreement”) with Edge Geological Consulting Inc.(“Edge” or the “Optionor”) pursuant to which the Company has the right to acquire up to 100% interest in 17 individual mineral dispositions from 5 separate claim blocks that total 5,525 hectares (ha) within the Longe Gold Belt.

Acquisition Highlights:

  • Attractive acquisition price (see Agreement Terms, below)

  • The new dispositions host numerous base and precious metal showings that have seen only limited exploration

  • Four of the five claim blocks are located within the prospective La Ronge Gold Belt, either adjacent to or nearby Trident’s extensive existing land holdings; the fifth claim block is located near Ithingo Lake in the Mudjatik Domain of the Hearne Zone and hosts three underexplored gold showings

  • The Company has over C$12M in cash and marketable securities on its balance sheet

  • Trident is making great progress at its fully-funded 6,500m drill program at its flagship Contact Lake Gold Project

Plan View Map:
http://www.tridentresourcescorp.com/_resources/news/La-Ronge-Area-Projects-Edge_20251021.jpg

Jonathan Wiesblatt, Trident’s CEO, commented: "This is part of our major corporate strategy as we embark on building a dominant project portfolio in this mining camp. This land acquisition further adds to Trident’s overall asset base of highly prospective claims in the La Ronge Gold Belt. The Company is in an excellent financial position to maximize the value of our existing gold projects in addition to adding strategic new claims surrounding our current project portfolio. Trident is well-funded with over $12M in cash and marketable securities on its balance sheet. Contact Lake drilling is exceeding our expectations as we drill to confirm the high-grade potential resources and testing the extension of the trend both along strike and at depth. We expect ample news flow within the coming months from our inaugural drill program.”

Agreement Terms – Payments and Commitments:

The Optionor irrevocably grants to the Optionee the sole and exclusive right and option 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:

  1. paying to the Optionor a total of C$51,000 and issuing to the Optionor a total of 450,000 Shares (the cash payment and Share issuances collectively referred to as the “Option Payment”), as follows:

    1. within five days of TSX Venture Exchange approval of the Agreement (the “Acceptance Date”), pay $51,000 and issue 150,000 Shares;

    2. on or before the first anniversary of the Acceptance Date, issue 150,000 Shares; and

    3. on or before the second anniversary of the Acceptance Date, issue 150,000 Shares.