Trident Resources Corp. is launching a geological mapping and geochemical sampling program at its Greywacke and Hailstone properties in Saskatchewan to identify and expand known gold showings. The Greywacke Property hosts a historical mineral resource estimate of 101,000 oz. of gold @ 4.90 g/t (Indicated) and 54,000 oz. of gold @ 4.24 g/t (Inferred). Trident sees strong potential in the La Ronge Gold Belt and has expanded its drill program at the Contact Lake Gold Project. The Company is fully funded with over C$12.5 million in its treasury for exploration activities.
The Greywacke Lake Gold Project, located in Saskatchewan, is part of the 7 km Wacke Mineralization Trend and hosts various mineralized targets such as the Closure Lake, Lyons Zone, Hoover Gold, Wasp Lake, and Shandy Lake showings. The project is in an underexplored area with the potential to host multi-million-ounce gold deposits. Trident Resources Corp. is focused on advancing its Contact Lake and Greywacke Lake projects in the La Ronge Gold Belt, along with its Knife Lake copper project. The Company’s CEO, Jonathan Wiesblatt, is optimistic about the upcoming exploration activities and news flow.
Read more at GlobeNewswire.: Trident Resources Initiates Exploration Program at
