On January 15, 2026, Trident Resources Corp. initiated a fully funded 10,000 metre diamond drilling campaign at its 100%-owned Contact Lake Gold Project in the La Ronge Gold Belt of northern Saskatchewan. Mobilization of drilling equipment and field crews has commenced, targeting historical gold mineralization and newly defined structural shoots. The program’s objectives include confirmation of historical intercepts, expansion of known high-grade zones, and testing of four priority targets identified through recent geological reinterpretation and geophysical surveys. Initial logistics support includes deployment of two drill rigs working on 24-hour rotations and establishment of a core logging facility adjacent to the project camp.

On January 14, 2026, Trident filed an NI 43-101 Updated Mineral Resource Estimate (MRE) Technical Report, effective November 6, 2025, covering its Preview SW, Preview North, North Lake and Greywacke deposits. Prepared by Bird Resource Consulting Corp., the report incorporates historical drilling, new geological models and optimized block modelling. Highlights include an 18% increase in Indicated resources to 896,500 ounces of gold and a 190% increase in Inferred resources to 1,129,600 ounces, calculated at a base case cutoff of 0.25 g/t Au and a gold price assumption of US$2,600/oz. The MRE reflects enhanced classification confidence, with several deposits reporting multi-hundred percent gains in Inferred ounces and improved pit-constrained Resource tonnes within reasonable prospects for economic extraction.