Trident Resources (TSXV: ROCK) (OTCQB: TRDTF)

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This C$18 Million Microcap Could Be Sitting on Canada’s Next Major Gold Discovery in Emerging District

Little-known Trident Resources (TSXV: ROCK) (OTCQB: TRDTF) holds 1.5 million gold-equivalent ounces, an impressive portfolio of immediate high-impact drilling targets, untested regional targets, and a fully-funded drill program set to launch this summer

7 Reasons Why Trident Resources (TSXV: ROCK ) (OTCQB: TRDTF) Appears Poised for Significant Upside:

Strategic Location in a Top-Ranked, Underexplored Gold District

Trident’s projects are located in Saskatchewan’s La Ronge Gold Belt, which is part of the renowned Trans-Hudson corridor and one of the world’s top-ranked mining jurisdictions. Due to shifting focuses and government priorities, this region has been underexplored for gold but that is changing in a hurry. New priorities in the region have opened the door to potentially lucrative discoveries in this region using modern techniques.

1.5 Million Gold-Equivalent Ounces and Significant Expansion Potential

The company’s project portfolio consists of the Contact Lake, Greywacke Lake Gold and Knife Lake Copper Projects. Combined these assets host 1.2 million oz. of historical gold resources, or 1.5 million oz. gold equivalent global resources including copper. The regional targets are strategically located at the intersection of three major structural trends and has the potential to become a new, significant mining camp with substantial exploration upside. The properties are relatively underexplored and the company provides exposure to ~185,000 acres of mineral claims, offering the potential for new discoveries and potentially attracting larger strategic partners.

Trident’s Assets Were Carefully Assembled by a Legendary Geologist (Ron Netolitzky) who was part of Snip and Eskay Creek Gold Discoveries

It’s important to note that Trident Resources’ assets are not some random patchwork of land. Instead, this portfolio of impressive assets was personally built by Ron Netolitzky, a member of the Canadian Mining Hall of Fame who helped discover and develop a number of major mines, including the Snip and Eskay Creek properties in British Columbia, which became two of Canada’s most successful, high-grade precious metals mines. Mr. Netolitzky assembled the assets in Trident’s portfolio and he remains a large shareholder in the company today.

Well Positioned to Ride the Gold and Copper Bull Markets

Both gold and copper are still in the early stages of what could be prolonged bull markets. With gold and copper still trading near their all-time highs – and continued strong demand – prices are likely to continue trending higher. Few companies offer meaningful exposure to both metals, but Trident does. With a global, historical resource of 1.5 million gold-equivalent ounces, Trident Resources offers exposure to upside in both metals.

Trident Resources (TSXV: ROCK) (OTCQB: TRDTF) Offers a Unique Undervalued Opportunity

Even with the significant upside potential, Trident Resources is still trading at a large discount when compared to its peers. The company currently trades at just $7 per ounce of gold, based on enterprise value while many peer companies are currently valued at $30 to $50 EV per ounce. That’s a notable re-rate opportunity as the company’s drilling programs validate and potentially expand its resource base.

Experienced Management Team with a Proven History of Success

Trident Resources is led by an experienced team of professionals with a proven track record of success. This includes individuals with high-level technical experience including making significant discoveries as well as critical familiarity with the La Ronge Belt. The team includes: Jonathan Wiesblatt, CEO and Director, Mr. Wiesblatt has over two decades of experience in investment management including 15 years as an institutional investor at an alternative investment company, Sprott Asset Management and Ninepoint Partners, and advisor to one of Canada’s largest Family Offices, Reichmann International. Director Tim Termuende, a professional geologist with over 35 years of experience in mineral exploration including working with Cominco and Copper Canyon Resources, which was acquired by NovaGold in 2011 for $65 million. Director Ross McElroy, also a professional geologist with over 35 years of experience and a past winner of the Northern Miner’s “Mining Person of the Year” award. Mr. McElroy also ran Fission Uranium, which was just acquired by Paladin for over $1 billion in 2024.

Upcoming Summer 2025 Drill Program Could Be a Key Catalyst

The company is set to begin a 5,000-meter initial drill program later this summer, which could generate significant attention for the company. The necessary drill permits for this program have already been obtained and the program is designed to test potential high-grade targets in high-priority zones at shallow depths. This program is expected to generate consistent near-term news flow and value-driving catalysts for shares of Trident Resources (TSXV: ROCK) (OTCQB: TRDTF).

Breaking News

Trident Resources Receives Drill Permits for its High-Grade Gold Projects Located in Saskatchewan; Plans for Upcoming Drill Programs

On May 6, 2025, Trident Resources Corp. (TSXV: ROCK); (OTCQB: TRDTF) announced that the Saskatchewan Ministry of Environment has issued two exploration permits for the Contact Lake and Preview SW Gold Deposits. Both deposits are located on the Contact Lake Gold Property, one of Trident Resources’ three wholly owned gold and copper projects in Saskatchewan.

For more information, click here.

Introducing Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF): A C$18 Million Microcap Potentially Sitting on Canada’s Next Major Gold Discovery

A high-upside opportunity in gold and copper has quietly emerged over the past few months…one that is strategically focused on unlocking the potential of an impressive asset portfolio in one of the world’s top-ranked mining regions.

And that’s only a small part of the story for Trident Resources Corp…a company that is right now flying beneath Wall Street’s radar.

Trident Resources Corp. (TSXV: ROCK); (OTCQB: TRDTF) is a well-funded explorer with a large, 185,250 acre land package – including 1.5 million ounces of gold equivalent – and a drill program launching this summer.

But what makes this company so compelling is the way it was put together.

When legendary geologist Ron Netolitzky – a driving force behind multiple billion-dollar discoveries and a member of the Canadian Mining Hall of Fame – spends years assembling a land package…there’s likely to be significant potential involved.

In the case of Trident Resources, Mr. Netolitzky assembled an impressive land package in Saskatchewan’s underexplored La Ronge Gold Belt.

To be clear: this is not some random collection of claims tied together by a map and a dream.

Instead, this portfolio of assets is the result of extensive hard work and expertise – assembled over a period of years – that represents what was to be this mining legend’s top project picks in the district.

Importantly, Mr. Netolitzky remains one of the company’s largest shareholders and a strategic advisor meaning that an investment in the company means you are investing directly alongside the interests of one of the true legends of the industry.

Trident Resources Corp. (TSXV: ROCK); (OTCQB: TRDTF) has:

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1.5 million gold-equivalent ounces total in historical resources (including copper)

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C$8 million in working capital and a market cap of just C$18 million

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$7 per ounce enterprise value compared to $30-$50 per ounce for its peers

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Historic production (Contact Lake) on site at $300 gold with undrilled targets remaining

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Drill permits in hand for a 5,000-meter exploration program set to begin this summer

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Ideal location in a region heating up with M&A and discovery activity

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Leadership that includes some of the most successful names in the industry

Trident Resources Corp. was formed through the three-way merger of Eros Resources, MAS Gold and Rockridge Resources into a newly-formed pure-play gold and copper exploration company.

The company has assembled a portfolio of prospective assets with notable historical resources and robust exploration potential, and is well-positioned to take advantage of the red-hot bull markets in gold and copper.

And these assets are in an ideal location.

Could Trident Resources Unlock Value in the
Next Gold Mining Camp in Canada?

Trident Resources is dedicated to unlocking the untapped potential of the prolific La Ronge Gold Belt in Saskatchewan, one of the world’s premier mining jurisdictions.

The La Ronge Domain in Saskatchewan is an established gold-bearing belt with exploration dating back to the 1940s…but the district still remains greatly underexplored to this day.

“La Ronge District Gaining Some of its Old Shine”

“In the 1980s Saskatchewan’s La Ronge gold belt was booming, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces being pulled out of the ground. But a tough market…meant that most exploration fizzled out by the end of the decade.

“Today (there is) exploration in the region and reviving interest in a neglected gold district.”

This belt hosts numerous gold deposits with high potential for new discoveries and resource expansion. Past producers in the region include Komis, Jolu, Star Lake, Trident’s own Contact Lake Deposit, Roy Lloyd, Golden Heart and Jasper mines.

Trident Resources’ land package is centrally located within this district. These projects have deposits but have been underexplored in recent years, creating the potential for significant resource expansion.

Here is a quick look at each of the company’s projects within the La Ronge Gold Belt:

Contact Lake Gold Project: A Past Producer with Great Potential

The Contact Lake Gold Project, Trident Resources Corp’s flagship asset, spans an impressive 14,121 hectares across 10 mineral claims. Strategically situated at the junction of the La Ronge, Kisseynew and Glennie Domains of the prolific Reindeer Zone in Saskatchewan, this property holds significant exploration upside potential.

The Project hosts four known historical deposits—Contact Lake, Preview SW, Preview North, and North Lake— that serve as the base of Trident’s strategic vision to build upon a rich history of gold mineralization in the La Ronge Gold Belt. This approach is focused on consolidating and advancing highly prospective deposits in one of Saskatchewan’s most underexplored yet richly endowed gold districts. In addition to these deposits, the Contact Lake Gold Project hosts the Point Lake Target, an advanced prospect with significant exploration potential that the Company will look to aggressively advance.

These targets not only underscore the property’s geological prospectivity but also present strong potential for both the expansion of known deposits and the discovery of new ones, positioning the Contact Lake Gold Project as a foundational asset in Trident’s long-term strategy for growth, discovery, and value creation.

Greywacke Lake Gold Project

The company’s Greywacke Lake Gold Project is located approximately 88 km northeast of La Ronge and is highlighted by the Greywacke North Deposit, with a historical mineral resource estimate (2021) of 101,000 oz. of gold and 54,000 oz. of gold inferred.

Multiple geophysical surveys, field programs and drill programs have been conducted on the property since its discovery in 1959 and extensive channel sampling, soil and lake sediment sampling, grab sampling and magnetic surveys were also completed.

Knife Lake Project

Trident Resources has 100% ownership of the Knife Lake Copper VMS Project, an advanced-stage copper, silver, zinc and cobalt exploration property that consists of 82 claims totaling 56,565 hectares in northeastern Saskatchewan.

This project has a historical mineral resource estimate (2019) of 3.8 MT @ 1.02% Cu Eq. (indicated) and 7.9 MT @ 0.67% Cu. Eq. (inferred.)

This property has the potential for deposit expansion along strike and at depth, and regionally, with very limited drilling below 100 meters. Strong discovery potential exists in and around the deposit as well as at regional targets.

The Knife Lake Project boasts a comprehensive database of over 400 drill holes derived from extensive historical and modern exploration programs completed between 1968-2022.

The most recent work completed by Rockridge Resources (now Trident Resources) comprised drill programs in 2021 & 2022 (2900m) and an innovative VTEM geophysical survey in 2021. A new comprehensive 3D geophysical model based on the 2021 VTEM survey data has identified up to 15 km of conductive anomalies across the same prospective stratigraphy that hosts the Knife Lake Deposit.

Additionally, in 2022 the company completed a 936m, six-hole diamond drill program focused on infill and expansion at the Knife Lake Deposit, alongside first-pass exploration at Gilbert Lake. Assay results confirmed high-grade copper mineralization consistent with VMS-style systems and extended mineralized zones.

Trident Resources is Led by a Team of Experienced Professionals with a Proven Track Record of Success

The success of any exploration company is heavily dependent on the quality of the leadership team guiding the way.

In the case of Trident Resources Corp. (TSXV: ROCK); (OTCQB: TRDTF), the company is well-positioned for success thanks to an experienced leadership team with a strong track record of building and selling mining companies.

The team’s combined strengths in exploration, corporate development, and resource finance uniquely position Trident Resources to drive discovery, accelerate growth, and deliver long-term shareholder value.

This impressive team is led by:

Jonathan Wiesblatt, CEO and Director

Mr. Wiesblatt has over two decades of experience in investment management including 15 years as an institutional investor at an alternative investment company, Sprott Asset Management and Ninepoint Partners and advisor to one of Canada’s largest Family Offices, Reichmann International.

Tim Termuende, P. Geo, Director

Mr. Termuende is a professional geologist with over 35 years’ experience in the mineral exploration industry and has been involved with numerous publicly-traded corporations since 1994, including Copper Canyon Resources Ltd., which was acquired by NovaGold in 2011 for approximately $65 million.

Ross McElroy, P. Geo, Director

Mr. McElroy is a professional geologist with over 35 years of experience in the mining industry. He is the winner of the 2014 PDAC Bill Dennis Award for exploration success and the Norther Miner ‘Mining Person of the Year.” He has held senior technical and executive positions with both major and junior mining companies and was CEO of Fission Uranium up until its acquisition by Paladin for over $1B in 2024.

Jordan Trimble, B.Sc., CFA, President and Director

Mr. Trimble is the current President and CEO of Skyharbour Resources Ltd. and is an entrepreneur who has worked in resource industry specializing in corporate finance and strategy, and capital raising. Previously Mr. Trimble was the Corporate Development Manager for Bayfield Ventures, a gold company with projects in Ontario which was successfully acquired by New Gold (TSX: NGD) in 2014.

Andrew J. Ramcharan, Ph.D, P.Eng, SVP Corp. Dev. & IR

Mr. Ramcharan has an extensive background in corporate development and IR with over 22 years of experience. Previously, as Manager of Corporate Development for IAMGOLD, Dr. Ramcharan was involved in raising over $600 million in equity financings and worked on project acquisitions totaling over $800 million.

This Could Be a Fast-Mover:
Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) is Well-Funded and Has Significant Near-Term Catalysts

For those investors considering an investment in Trident Resources Corp., it’s important to know that the window of opportunity to invest at the current price levels may not be open for long.

Here’s what I mean:

Compared to industry peers – and with a market cap of roughly C$18 million – Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) appears to be significantly undervalued.

The company currently trades at under $10 per ounce of gold excluding the copper credit, based on enterprise value, while many peer companies are currently valued at $30 to $50 per ounce.

That represent as significant potential re-rate opportunity as the company’s drilling programs validate and potentially expand its resource base.

And those drilling programs are happening soon – this summer, in fact.

The company’s fully-funded 5,000-meter drill program – for which it has permits already in hand – is set to kick off later this summer. Early targets for this drill program include high-priority zones with shallow depth potential…the kind of targets that could grab immediate attention with impressive results.

News from this drill program could potentially move the stock. So with drills set to turn later this summer and a low valuation at the moment, Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) appears to offer high-upside potential as one of 2025’s most compelling new resource opportunities.