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Trident Drills Yet Another Home Run Hole at Contact LakeBob Moriarty Trident Resources (ROCK-V) is the eighteen-month-old agglomeration of three companies founded by famed Canadian geologist Ron Netolitzky from his favorite projects in Saskatchewan. The company has shot higher from $.80 less than a year ago by 500% to a recent high of $4.70. It reminds me a lot of Great Bear Resources that went from $.50 a share to a $29 a share before a $1.5 billion dollar buyout by Kinross. But Great Bear had a lot more shares outstanding and gold was far cheaper in 2022. I’ve written about the company a number of times from when it was $.76 a share to their report of a 783.5 gram/meter hole in April showing 15.11 grams of gold over a marvelous 51.83 meters. Trident has completed a 13,200-meter winter drill program for 2026 and released the results. They have advanced to a 20,000-meter summer program with 12,000 meters already completed. There will be about 40 drill holes with results expected to continue into Q1 of 2027. The company has about $20,000 million in the bank so I don’t expect any private placement any time soon. Trident released an assay report on three holes on the 17th of September. While the assays were excellent the real news was hidden in the middle and will be missed by the average investor. Hole CL26050 was the most important of the three holes showing a high grade zone from 613 meters to 625 meters depth of 8.69 g/t gold over 11.97 meters. That’s a great 104 gram/meter hole by itself but of far more importance it was the first deep hole drilled below the Main Zone. That is 220 meters below the lowest mine working. So if you had gold at 591 meters depth and you have gold at 613 meters depth, you pretty much have to have gold in between. The remaining two holes released also showed excellent results with hole CL26049 showing two different zones of mineralization including 3.46 g/t Au over 15 meters and hole CL26051 giving multiple zones with the best showing the highest gram/meter hole showing 48 g/m with an additional zone slightly deeper showing 46 g/m. I’ve been pounding the table and my computer since August of last year before the company began its rocket ride higher starting in November at $.80. This company is going to be another Great Bear just a lot bigger and a lot better. In comparison to its peers, ROCK is getting about $54 an ounce for gold in the ground while its peers are getting $99. When Great Bear got bought out by Kinross, GBR got about $300 an ounce. In my view ROCK will get bought out and it will be a hell of a lot higher than $300. Trident is an advertiser on 321gold. I participated in the last private placement they did and have purchased shares in the open market. Obviously I am biased. When you are doing your own due diligence please go through their excellent company presentation. Trident Resources Corp ### Bob Moriarty 321gold Ltd |
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