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Trident Sources Corp. Declares Up to date Mineral Useful resource Estimates for 4 La Ronge Gold Belt Deposits in Northern Saskatchewan, Canada

EditorialBy EditorialNovember 24, 2025No Comments15 Mins Read

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Trident Sources Corp. (TSXV: ROCK,OTC:TRDTF ) (OTCQB: TRDTF ) (” Trident ” or the ” Firm “) is happy to announce that it has obtained up to date Mineral Useful resource Estimates for its Preview SW, Preview North, North Lake and Greywacke gold deposits. The up to date Mineral Useful resource Estimates have been ready by Chicken Useful resource Consulting Corp. (BRCC) and symbolize an 18% enhance in Indicated gold (Au) ounces now totaling 896,500 mixed ounces, and a 190% enhance in Inferred gold ounces now totaling 1,129,600 mixed ounces throughout the 4 deposits when in comparison with the historic MRE’s calculated in 2021 (Greywacke) and 2022 (Preview SW, Preview North and North Lake). All 4 of those deposits are wholly-owned by Trident Sources and are situated within the prolific but under-explored La Ronge Gold Belt of northern Saskatchewan. The Mineral Useful resource Estimate has an efficient date of November 6, 2025.

Highlights:

  • Trident reviews a major improve to the prevailing Mineral Useful resource Estimate utilizing US$2,600 / oz gold (beforehand calculated at US$1,500 / oz – US$1,700 / oz):
    • 18% enhance to Indicated useful resource gold ounces
    • 190% enhance to Inferred useful resource gold ounces
  • Indicated sources at Trident’s 100% owned Preview SW, Preview North, Greywacke and North Lake deposits whole 896,500 mixed gold ounces (see Desk 1)
  • Inferred sources at Preview SW, Preview North, Greywacke and North Lake deposits whole 1,129,600 mixed gold ounces (see Desk 1)
  • Drilling just lately accomplished on the Contact Lake Venture, with 3 of 19 holes reported, together with Gap CL25003 which returned 7.03 gpt gold over 43.25m , together with 30.06 gpt gold over 9.25m ; this up to date Mineral Useful resource Estimate doesn’t embody latest nor historic Contact Lake drill outcomes.

Jonathan Wiesblatt, Chief Govt Officer of Trident, commented: ” Once we merged Eros Sources, MAS Gold, and Rockridge Sources earlier this 12 months, our imaginative and prescient was clear — to create a Saskatchewan-focused gold exploration firm with scale and momentum. Right now’s up to date Mineral Useful resource Estimate delivers on that promise, confirming the standard and potential of all 4 highlighted deposits. However that is solely the start. With sturdy funding, a rising asset base, and an bold exploration program forward, we’re poised to unlock even larger worth within the La Ronge Gold Belt — and the subsequent part of our development story is about to unfold .”

Mr. Wiesblatt continued ” With these outcomes, the Firm now hosts greater than 0.9 million ounces (24.7Mt at 1.13 g/t) of Indicated mineral sources and 1.1 million ounces (38.6Mt at 0.91 g/t) Inferred mineral sources, marking a major milestone in our development. Importantly, we see clear potential to develop these totals even additional by way of our bold exploration applications deliberate for the approaching months. Reaching this scale in one of many world’s high mining jurisdictions places the Firm firmly on the radar of the broader gold business and strengthens our strategic place for future improvement. Trident administration eagerly awaits extra analytical outcomes from its just lately accomplished Contact Lake drilling program, the place outcomes to this point counsel {that a} sturdy gold-mineralized system might exist exterior of, however proximal to present historic mining infrastructure .”

Trident commissioned Chicken Useful resource Consulting Corp. (BRCC) to replace its Mineral Useful resource Estimates to coincide with the latest formation of the Firm and to higher mirror the worth of their Saskatchewan gold properties given present commodity costs. Moreover, the Firm continues to execute its exploration program at Contact Lake, a former producing gold mine that was shut down in 1998 when the typical gold worth was roughly $300 (USD) per troy ounce. Contact Lake was not included within the up to date Mineral Useful resource Estimate but stays a flagship undertaking for the Firm with important exploration potential.

Desk 1 : Mineral Useful resource Estimate for 4 deposits on the Base Case Cutoff 0.25 g/t Au

Class Deposit In Situ Tonnage and Grade Au Steel % Change in Au ounces from Historic MRE
Tonnage Au
(ktonnes) (gpt) (kOz)
Indicated North Lake 16,410 0.890 469.7 20%
Preview SW 6,369 1.537 314.7 15%
Preview North 933 1.359 40.8 na*
Greywacke 1,021 2.174 71.4 -24%
Complete 24,733 1.127 896.5 18%
Inferred North Lake 20,666 0.724 481.3 407%
Preview SW 14,831 1.115 531.9 102%
Preview North 366 0.628 7.4 -75%
Greywacke 2,732 1.242 109.1 4821%
Complete 38,595 0.910 1,129.6 190%

* Preview North historic useful resource estimate was all Inferred.

Notes to the Useful resource Estimate Tables:

  • The Mineral Useful resource Estimates was accomplished by Sue Chicken, P.Eng. who’s impartial of the Firm, with an efficient date of November 6, 2025.
  • The Mineral Useful resource Estimate for all 4 deposits have been confined by an open pit with “cheap prospects of eventual financial extraction” utilizing the next assumptions:
    • Steel worth of US$2,600/oz Au;
    • Payable metallic of 99% for Au;
    • Offsite prices (TC/RC/Transport) for Au of US$5.80/oz;
    • Pit slopes are 45 levels;
    • Mining price of mineralized materials of CDN$2.56/t and CDN$2.40/t for waste, and;
    • Processing prices of CDN$15.60/t with G&A prices of CDN$7.20/t.
  • Metallurgical recoveries are 90% for all deposits.
  • The NSR equation is: NSR (CDN$/t) = (Au*90%*CDN$114.68/g)
  • The particular gravity for every deposit and lithologies or domains ranges from 2.40 to 2.91.
  • Numbers might not add attributable to rounding.

Preview SW Deposit (Contact Lake Property):

The Preview SW deposit is a shear-hosted gold deposit situated 2.5 km southeast of Trident’s Contact Lake gold undertaking, a past-producing gold mine at which a 6,838m drill program was simply accomplished. The Preview SW deposit is hosted in a number of NE trending sub-parallel zones inside sheared dioritic to gabbroic rocks situated close to the assembly level of the La Ronge, Kisseynew and Glennie Domains. The latest historic Mineral Useful resource Estimate for Preview SW had an efficient date of October 31, 2022. The up to date Mineral Useful resource Estimate is as follows:

Desk 2 : Preview SW Useful resource Estimate – Sensitivity to Cutoff Grade

Class Au Cutoff In Situ Tonnage and Grade Au Steel S/R
Tonnage Au
(gpt) (ktonnes) (gpt) (kOz) Waste  /  Mineral.
Indicated 0.2 6,884 1.439 318.4 6.2
0.25 6,369 1.537 314.7
0.5 4,809 1.918 296.6
0.75 3,828 2.252 277.2
1 3,076 2.590 256.1
1.5 2,053 3.265 215.5
2 1,438 3.924 181.4
Inferred 0.2 16,853 1.008 546.4
0.25 14,831 1.115 531.9
0.5 10,030 1.477 476.3
0.75 7,486 1.769 425.8
1 5,531 2.090 371.6
1.5 3,183 2.730 279.3
2 1,983 3.338 212.8

Preview Deposit (Contact Lake Property):

The Preview deposit is situated 2.6 km northeast of Preview SW inside a quartz-filled dilatant jog in a transpressional shear system that hosts each Preview deposits. Gold mineralization is contained in roughly sub-parallel zones with diffuse boundaries and variable shear depth. The inaugural Mineral Useful resource Estimate for Preview had an efficient date of October 31, 2022. The up to date Mineral Useful resource Estimate is as follows:

Desk 3 : Preview North Useful resource Estimate – Sensitivity to Cutoff Grade

Class AuEq Cutoff In Situ Tonnage and Grade Au Steel S/R
Tonnage Au
(gpt) (ktonnes) (gpt) (kOz) Waste  /  Mineral.
Indicated 0.2 1,020 1.262 41.4 5.9
0.25 933 1.359 40.8
0.5 613 1.881 37.1
0.75 451 2.338 33.9
1 353 2.742 31.1
1.5 224 3.633 26.2
2 165 4.320 22.9
Inferred 0.2 425 0.572 7.8
0.25 366 0.628 7.4
0.5 161 0.959 5.0
0.75 80 1.320 3.4
1 46 1.659 2.5
1.5 17 2.469 1.3
2 11 2.972 1.1

North Lake Deposit (Contact Lake Property):

The North Lake deposit is a vein-hosted mesothermal gold deposit situated alongside the margins of the La Ronge and Kisseynew Domains inside the La Ronge Gold Belt. The deposit kinds a branching and elongate zone inside a felsic metavolcanic host that has been metamorphosed to the higher amphibolite facies. Gold mineralization is hosted in sheeted quartz veins which are roughly parallel to regional foliation and in addition in quartz pressure veins which are at excessive angles to the foliation. The final Mineral Useful resource Estimate for North Lake had an efficient date of October 1, 2022. The up to date Mineral Useful resource Estimate is as follows:

Desk 4 : North Lake Useful resource Estimate – Sensitivity to Cutoff Grade

Class Au Cutoff In Situ Tonnage and Grade Au Steel S/R
Tonnage Au
(gpt) (ktonnes) (gpt) (kOz) Waste  /  Mineral.
Indicated 0.2 17,391 0.853 476.8 5.1
0.25 16,410 0.890 469.7
0.5 12,480 1.053 422.7
0.75 8,375 1.264 340.2
1 5,034 1.526 246.9
1.5 1,680 2.156 116.4
2 686 2.820 62.2
Inferred 0.2 23,942 0.656 505.0
0.25 20,666 0.724 481.3
0.5 13,325 0.930 398.3
0.75 8,262 1.120 297.5
1 3,903 1.431 179.5
1.5 1,118 1.997 71.8
2 415 2.480 33.1

Greywacke Deposit (Greywacke Lake Property):

The Greywacke deposit is a disseminated gold-sulfide deposit hosted in metasedimentary rocks situated alongside the margin of the La Ronge and Kisseynew Domains inside the La Ronge Gold Belt. The host arenite and arkose metasediments tendencies NE and dip steeply towards the northwest and have been metamorphosed to the higher Amphibolite facies. The Greywacke gold mineralization is present in discrete parallel zones of gold-enriched disseminated sulfide. The Greywacke mineralized pattern extends for over 7 km in a NE-SW course and options a number of gold showings in an identical geological settings to the mineralization found on the north zone. The earlier Mineral Useful resource Estimate for Greywacke had an efficient date of December 1, 2021 and integrated floor channel samples that weren’t used to calculate the present MRE. The up to date Mineral Useful resource Estimate is as follows:

Desk 5 : Greywacke Useful resource Estimate – Sensitivity to Cutoff Grade

Class Au Cutoff In Situ Tonnage and Grade Au Steel S/R
Tonnage Au
(gpt) (ktonnes) (gpt) (kOz) Waste  /  Mineral.
Indicated 0.2 1,069 2.086 71.7 20.9
0.25 1,021 2.174 71.4
0.5 828 2.595 69.1
0.75 713 2.917 66.9
1 637 3.160 64.7
1.5 487 3.752 58.7
2 382 4.303 52.8
Inferred 0.2 2,994 1.153 111.0
0.25 2,732 1.242 109.1
0.5 1,874 1.648 99.3
0.75 1,376 2.020 89.4
1 1,037 2.398 80.0
1.5 650 3.098 64.7
2 444 3.737 53.4

Desk 6: Complete Mineral Useful resource Estimate – Sensitivity to Cutoff Grade

Class AuEq Cutoff In Situ Tonnage and Grade Au Steel
Tonnage Au
(gpt) (ktonnes) (gpt) (kOz)
Indicated 0.2 26,364 1.072 908.2
0.25 24,733 1.127 896.5
0.5 18,730 1.371 825.4
0.75 13,367 1.671 718.2
1 9,100 2.047 598.9
1.5 4,444 2.917 416.8
2 2,671 3.719 319.4
Inferred 0.2 44,214 0.823 1170.2
0.25 38,595 0.910 1129.6
0.5 25,390 1.199 978.8
0.75 17,204 1.475 816.0
1 10,517 1.874 633.5
1.5 4,968 2.612 417.2
2 2,853 3.274 300.3

Mineral sources that aren’t mineral reserves do not need demonstrated financial viability; nevertheless, an inexpensive prospect of eventual financial extraction pit has been used to restrict the Useful resource Estimate utilizing parameters detailed within the desk notes. Inferred mineral sources are topic to uncertainty as to their existence and as to their financial and authorized feasibility. The extent of geological uncertainty related to an Inferred mineral useful resource is simply too excessive to use related technical and financial components prone to affect the prospects of financial extraction in a fashion helpful for analysis of financial viability.

The QP for the Mineral Useful resource Estimate isn’t conscious of any environmental, allowing, authorized, title, taxation, socio-economic, advertising and marketing, political, or different related components that would materially have an effect on the potential improvement of Mineral Useful resource Estimate. Elements that will have an effect on the estimates embody: metallic worth assumptions, modifications in interpretations of mineralization geometry and continuity of mineralization zones, modifications to interpolation assumptions, metallurgical restoration assumptions, working price assumptions, confidence within the modifying components, together with assumptions that floor rights to permit mining infrastructure to be constructed might be forthcoming, delays or different points in reaching agreements with native or regulatory authorities and stakeholders, and modifications in land tenure necessities or in allowing requirement.

Modelling Methodology:

For every deposit the assay information was examined inside the domains utilizing cumulative chance plots (CPPs) to cap the assay information at excessive grade values that deviate from the lognormal distribution. As well as, the place warranted, and to make sure the mannequin validates with the de-clustered composite information, the composites have been restricted throughout interpolations at excessive grade values that unduly influenced the imply grades. Desk 7 summarizes the capping and outlier restriction values used for every deposit.

Desk 7: Abstract of Capping and Outlier Restriction

Deposit Area Cap worth (g/t) Outlier Restriction (g/t) Outlier Distance (m)
North Lake 1 30 10 5
2 10 3 5
Preview SW 1 70 15 5
2 30 15 5
3 6 4 5
4 6 4 5
5 10 5 5
Preview North 7 50 na na
8 10 na na
9 10 na na
Greywacke 1 50 10 5
2 2.5 3 5
3 25 3 5
4 10 3 5
For the primary two passes the outlier is capped on the outlier worth, for the third and fourth cross composites above the outlier worth are usually not used.

The interpolations of the Au grade have been performed utilizing inversed distance cubed (ID3) with matching of domains and of the Indicator mannequin “Au Indicator” area.  The Au Indicator domains have been created inside every area utilizing inverse distance squared interpolations to find out the chance of the Au grade to be above 0.3 g/t.  If the chance of the block to be above this cutoff is larger than 50% than the area is taken into account inside a “Au Indicator” area.

In every case the Au interpolations have been accomplished in 4 passes with the search parameters rising for every cross. The primary 3 passes require a minimum of two drillholes, with the fourth passes relaxed to permit just one drillhole if mandatory.  The distances and instructions used for every cross are based mostly on the variography accomplished for every area the place enough information was obtainable, in addition to on the orientation of the mineralization.

Classification:

Classification of every deposit has used the gap to drillholes as a proxy for the required drillhole spacing for materials to be thought of Indicated.  Blocks not assembly the factors which have been interpolated with an Au grade are thought of Inferred.  This distance corresponds to the vary between 80%-90% of the sills for the variogram fashions. For instance, the factors of getting a median distance to 2 drillholes of 22m additionally makes use of the factors of the furthest distance to one in all these two drillholes to be 31m.  The 31m distance is the hypotenuse of a right-angled triangle with aspect of 22m, thus approximating a drillhole spacing of 22m.

Desk 8: Classification Necessities

Deposit Avg. Distance to 2 DHs (m) Furthest Distance to DH (m)
North Lake 40 57
Preview SW 22 31
Preview North 22 31
Greywacke 22 31

Mannequin Validations:

The fashions have been validated by evaluating the imply modelled grades at zero cutoff to the de-clustered composite (Nearest Neighbour mannequin) imply grades.  The modelled tonnage and imply grade above cutoff have additionally been validated for the complete grade distribution, by way of comparisons of the metallic content material at a number of cutoffs.

Certified Individual:

The technical info on this information launch has been ready in accordance with the Canadian regulatory necessities set out in Nationwide Instrument 43-101 and reviewed and accredited by Cornell McDowell, P.Geo., VP Exploration for Trident Sources and the Certified Individual for Trident as outlined by NI 43-101. The Mineral Useful resource Estimates have been calculated by Sue Chicken, P. Eng.

About Trident Sources Corp.

Trident Sources Corp. is a Canadian public mineral exploration firm listed on the TSX Enterprise Change centered on the event, exploration and acquisition of advanced-stage gold and copper exploration tasks in Saskatchewan, Canada. The Firm is aggressively advancing its 100% owned Contact Lake and Greywacke Lake tasks which host important historic gold sources situated inside the potential and underexplored La Ronge Gold Belt, in addition to the 100% owned Knife Lake copper undertaking which comprises a historic copper useful resource.

For additional info, please contact:

Trident Sources Corp.

Jonathan Wiesblatt, Chief Govt Officer
E mail: Jon.Wiesblatt@tridentresourcescorp.com

For additional info contact myself or:
Andrew J. Ramcharan, PhD, P.Eng., Company Communications

Trident Sources Corp.
Phone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
www.tridentresourcescorp.com

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Ahead-Trying Data and Statements

This launch consists of sure statements that could be deemed to be “forward-looking statements”. All statements on this launch, apart from statements of historic info, that handle occasions or developments that administration of the Firm expects, are forward-looking statements.  Though administration believes the expectations expressed in such forward-looking statements are based mostly on cheap assumptions, such statements are usually not ensures of future efficiency, and precise outcomes or developments might differ materially from these within the forward-looking statements. The Firm undertakes no obligation to replace these forward-looking statements if administration’s beliefs, estimates or opinions, or different components, ought to change. Elements that would trigger precise outcomes to vary materially from these in forward-looking statements, embody market costs, exploration and improvement successes, regulatory approvals, continued availability of capital and financing, and normal financial, market or enterprise situations. Please see the general public filings of the Firm at www.sedarplus.ca for additional info.

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