Co. Strikes Gold with Spectacular 783 Gram-Meter Intercept at Contact Lake

Source: Bob Moriarty 04/30/2026

Bob Moriarty of 321gold.com shares his thoughts on Trident Resources Corp. (ROCK:TSXV; TRDTF:OTCMKTS) after its recently released drill results.

Trident Resources Corp. (ROCK: TSXV; TRDTF:OTCMKTS) has unveiled an absolutely jaw-dropping drill result, the likes of which I haven’t witnessed in a very long time. In an early morning press release on April 29, the company reported five holes from their winter drilling campaign at Contact Lake.

The standout was hole CL26036, which encountered a phenomenal grade of 15.11 grams of gold over a robust 51.83 meter interval starting at 256.00 meters depth. In gram/meter terms, that equates to an astounding 783.15 – hands down the most impressive drill hit in Contact Lake’s history.

Reinforcing the consistency of the mineralization, Trident also highlighted hole CL26032, which returned 5.07 g/t Au over 21.50 meters. On its own, that would be considered a smashing success at 109 grams/meters gold.

It’s important to note Trident already boasts a 2 million ounce gold 43-101 resource and kicked off this drill program with a healthy CA$12 million treasury. These latest stellar results are poised to significantly boost that ounce count.

I fully anticipate the stock will surge dramatically higher on the back of this news.

The last time I encountered a deposit sporting grades of this caliber was Great Bear, which skyrocketed from CA$0.50 a share to being acquired for CA$29. However, Great Bear’s share count was nearly double, and gold was trading at a much lower price point back in 2022.

I highly recommend you take a look at their excellent company presentation.

Sign up for our FREE newsletter at: www.streetwisereports.com/get-news

Important Disclosures:

1. Bob Moriarty: I, or members of my immediate household or family, own securities of: Trident Resources. My company has a financial relationship with: Trident Resources. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.
2. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
3. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

For additional disclosures, please click here.

( Companies Mentioned: ROCK:TSXV;TRDTF:OTCMKTS, )