Distributed on behalf of Trident Resources Corp.
Analysts at Bank of America say gold could hit $6,000. In fact, as quoted by Kitco.com, “[T]he ongoing U.S. macro combination of high deficits, lack of fiscal consolidation and resulting funding needs — the premise behind our original bullish gold call — suggests there is still fuel in the tank for gold to rally again over the longer term.” All of which is a solid catalyst for gold and related gold stocks such as Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF), Newmont Corporation (NYSE: NEM), Barrick Mining (NYSE: B) (TSX: ABX), Hecla Mining (NYSE: HL), and AngloAshanti (NYSE: AU).
In addition, Goldman Sachs says the metal could rally to $5,400. UBS says it could test $5,900, with Morgan Stanley forecasting $5,200 by year end. “Every major bank that has revised its forecast since the correction began has maintained or raised its year-end target, treating the pullback as a consolidation within an intact structural bull market,” added GoldSilver.com
Look at Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF), For Example
Trident Resources Corp. announce inaugural assay results from eleven diamond drill holes completed during the 2026 winter drill program at the Preview South West Deposit, part of the Company's Contact Lake Gold Project in northern Saskatchewan. Preview Southwest is a cornerstone asset and target area within Trident's emerging district-scale exploration strategy in the La Ronge Gold Belt, one of Canada's up and coming premier mining jurisdictions. Together with the Contact Lake Deposit and several additional prospective target areas within a defined structural corridor, Preview Southwest forms part of a growing regional portfolio of deposits and targets that demonstrate the potential for significant resource expansion and new discoveries.
Trident’s Regional Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1
The results reported today highlight the opportunity to further define and expand mineralization at Preview Southwest while advancing Trident's broader objective of building a substantial gold camp within the La Ronge Gold Belt. These initial results reinforce management's confidence in the growth potential of both the Preview Southwest Deposit and the Company's other key assets within the broader regional land package, including the Preview North, North Lake, and Greywacke gold deposits.
Contact Lake Gold Property Map:
http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg
Highlights:
· Hole PR26004 returned 1.32 g/t gold (Au) over 132.0m from 22.00m
- including 2.85 g/t Au over 40.32m from 22.00m
- including 101.00 g/t Au over 1.00m from 37.00m
· Hole PR26006 returned 1.53 g/t Au over 51.00m from 275.00m
- including 2.75 g/t Au over 24.72m from 284.88m
· Hole PR26007 returned 1.08 g/t Au over 77.59m from 120.91m
· The Preview Trend represents a string of mineralized bodies within a localized trend, with mineralization located close to surface; the Company intends to test the potential for additional mineralization along strike
· The summer 2026 drill program has recently commenced and will continue into the fall with an anticipated +20,000m of additional drilling
“The Preview Southwest results announced today represent the first holes drilled by Trident at the target area and mark a pivotal milestone in our pursuit to unlock the full value of the La Ronge Gold Belt,” stated Jonathan Wiesblatt, CEO of Trident Resources. “Preview is not just an exploration target; it is one of several cornerstone assets in a district-scale structural play that we believe has the potential to expand our existing mineral resource base. The continuity and consistency we are seeing at Preview SW, combined with the clear geological link to the high-grade Contact Lake mineralizing system, reinforces our conviction that there is substantial high-value resource growth ahead across our property package. Building on very successful fall 2025 and winter 2026 drill campaigns, we have launched a +20,000 metre summer drilling program at the Contact Lake Gold Project, with a primary focus on expanding the Contact Lake deposit while also growing the Preview SW deposit. With approximately $26 million in cash on our balance sheet, Trident is well funded to execute aggressively on this program and to continue converting our exploration success into high-value gold ounces for our shareholders.”
Summary of Drilling:
The Preview Trend spans over 7.0km and hosts the Preview SW and Preview North deposits in addition to five other distinct gold-bearing zones. Preview SW and Preview North host current Mineral Resource Estimates that together contain over 350,000 oz Au in the Indicated category and 540,000 oz Au in the Inferred category (see Trident news release November 24, 2025). The Preview SW deposit is located 2.5km SE of the Contact Lake deposit and past producing mine within in a parallel shear zone. Though currently being advanced as a lower-grade, bulk-tonnage deposit, high-grade mineralization has been encountered historically in drilling, with previous operators reporting 633.61 g/t Au over 4.08m, including 1,123.25 g/t Au over 2.30m including 4279.00 g/t Au over 0.6m (Comstock Resources news release March 4, 2013)*.
*The drill results reported above are historical in nature and were completed by previous operators on the property. A Qualified Person (QP) has not completed sufficient work to verify these historical drilling results, as the original core, assay certificates, split samples, and quality assurance/quality control (QA/QC) protocols from these programs are either partially unavailable or have not yet been fully audited. Accordingly, these historical results are unverified and should not be relied upon.
Mineralization along the Preview Trend is interpreted to be directly related to the mineralizing system at the nearby Contact Lake deposit, reinforcing the Company’s view that the entire La Ronge Gold Belt corridor represents a cohesive, district-scale structural play with substantial high-value gold ounce growth potential.
Trident’s inaugural drill program at Preview SW was a follow-up to the current MRE that was completed in November 2025. (Trident Resources Corp. - News)
The winter drill phase at Preview comprised 3,142.0m in eleven holes. Eight of the holes were collared at the Preview SW deposit and three were drilled at Preview Zone C, an under-explored area that is located 1.5km NE of Preview SW and 600m SW of Preview North. Drilling at Zone C confirmed that significant gold mineralization is present along the entire Preview Trend. The eight drill holes at Preview SW were designed to both infill and expand the current pit-constrained resource area. Drilling confirmed that material gold mineralization is present below and along the margins of the currently defined limits of the deposit, which remains open for expansion in all directions.
Gold mineralization is structurally controlled in quartz veins within or on the margin of sheared diorite sills, which extend 5.2km along the trend. Both Preview SW and Preview North are comprised of multiple sub-parallel shear structures that bifurcate and merge along their length and are persistent at depth.
Figure 1: Preview Drill Collar Location Map:
https://www.tridentresourcescorp.com/_resources/images/Preview-Drill-Collar-Location-Map.png
Figure 2: Cross Section (Holes PR26005 and PR26006)
https://www.tridentresourcescorp.com/_resources/images/Section-DD-PR26005-006.png
Figure 3: Drill Core Photo (Hole PR26006)
https://www.tridentresourcescorp.com/_resources/images/Figure-3-Drill-Core-Photo-Hole-PR26006.png
Contact Lake Gold Project Overview:
The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced approx. 190,000 ounces of gold at an average head grade of 6.16 g/t Au during active mining operations between 1994 to 1998. At the time of mine closure, the price of gold hovered around USD $300/oz and Cameco Corporation reported that substantial gold resources were left unmined. Situated in the highly prospective La Ronge Gold Belt of Saskatchewan, the Contact Lake Property also hosts the Preview SW, Preview North and the North Lake orogenic gold deposits.
Along with the Greywacke North deposit (located by road 40km northeast of Contact Lake), these four deposits are wholly-owned by Trident Resources and together comprise a current Mineral Resource of more than 2.0 million ounces of gold. These estimates are supported by Mineral Resource Estimates (Trident news release November 24, 2025) which do not include any gold-related ounces from the past-producing Contact Lake target area. Trident believes that significant additional high-value resource growth opportunities exist across all of its assets, and that the Contact Lake Gold Project as a whole — anchored by Contact Lake and advanced by Preview — represents one of the most compelling development opportunities in the La Ronge Gold Belt.
Other related developments from around the markets include:
Newmont reported gold Mineral Reserves of 118.2 million attributable ounces at the end of 2025 compared to 134.1 million attributable ounces at the end of 2024, mainly driven by the divestment of assets in 2025. Newmont's portfolio includes significant reserves from other metals, including 12.5 million attributable tonnes of copper reserves and 442 million attributable ounces of silver reserves. "In 2025, Newmont maintained its position of having the industry's largest gold reserve base, declaring 118 million ounces of reserves, representing decades of production life with meaningful upside," said Natascha Viljoen, Newmont's President and Chief Executive Officer. "Through the disciplined application of technical rigor in our leading exploration program, we remain focused on extending mine life, discovering new opportunities, and unlocking value across our world-class portfolio of operations and projects."
Barrick provided an update on the status of the Reko Diq project. On February 5, 2026 the Company announced that it was reviewing all aspects of the project in light of the escalation of security risks and increased security incidents. Barrick continues to believe in the long-term value of Reko Diq. Following the preliminary findings of the review and the further escalation of security issues in Pakistan and the region, the Company considers it necessary to slow the development activity and continue the project review until mid-2027. The continued review will allow the Company to assess in a comprehensive manner the evolving security situation, capital requirements, project financing, project scope and timeline. While development activity will be slowed, the project will remain under active management with a reduced capital spend. Development of Phase 1 of the Reko Diq project was approved on this basis. Barrick recognizes its important role in the local community and intends to continue to invest in and honor its existing in-country community and social programs.
Hecla Mining announced first quarter 2026 financial and operating results. "Prior quarter" refers to the fourth quarter of 2025. Rob Krcmarov, President and Chief Executive Officer, said: “The first quarter demonstrates the strength of the platform we have built. The closing of the Casa Berardi sale sharpened our focus on silver and enabled us to redeem our Senior Notes in April, leaving Hecla debt-free with a $225 million undrawn revolver and the strongest balance sheet in the Company’s recent history. What further excites me is the quality of the organic growth initiatives advancing across our portfolio — from the Greens Creek pyrite concentrate circuit and potential Midas restart to our near-doubling of exploration investment in 2026. These opportunities, backed by a debt-free balance sheet and world-class operations, position Hecla to deliver compelling long-term value with best-in-class silver exposure."
AngloAshanti announced the Technical Report Summary for the Arthur Gold Project, showing a Tier One gold deposit with robust economics and strong potential for further growth in southern Nevada’s Beatty Mining District. With the completion of the pre-feasibility study, a first time Probable Mineral Reserve of 4.9Moz of contained gold (88Mt at 1.75 g/t) and 7.8Moz of contained silver (88Mt at 2.76g/t) was reported as at 31 December 2025. This supports an initial nine-year mine life with average annual production of approximately 500,000oz. At the Merlin deposit, there is also a gold Indicated Mineral Resource of 1.0Moz and gold Inferred Mineral Resource of 5.5Moz additional to the Mineral Reserve as at 31 December 2025.3,4 Silver by-product at Merlin includes an Indicated Mineral Resource of 2.0Moz and an Inferred Mineral Resource of 13.7Moz. Aggressive drilling programmes remain underway with the aim to convert additional Mineral Resource, expand the mineralised footprint and support technical studies. “The Arthur Gold Project is a cornerstone of our strategy to build a world-class, long-life production platform in the US,” said Alberto Calderon, Chief Executive Officer of AngloGold Ashanti. “With average annual production of approximately 500,000oz in its initial phase, with some years projected to be well in excess of that, the project delivers immediate scale in a premier mining jurisdiction. This is just the beginning. With a world class orebody and a disciplined capital approach, we have a clear roadmap to growth and long-term shareholder value.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Trident Resources Corp. by Trident Resources Corp. We own ZERO shares of Trident Resources Corp. Please click here for disclaimer.
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Winning Media
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