Gold Explorer Hits High-Grade 1,055 g/t Intercept in Saskatchewan
- •Usually, anything over 10-20 g/t is considered good, so to see something like this is really something else.
- •I've been burned by some "promising" drill results in the past that never panned out, but these grades are truly exceptional.
- •It definitely makes me wonder if this could be one of those rare cases where a junior actually *does* hit the big one.
Hey everyone, just read this article about Trident Resources hitting some insane high-grade gold intercepts at their Contact Lake project in Saskatchewan: https://www.streetwisereports.com/article/2026/04/30/gold-explorer-hits-high-grade-1-055-g-t-intercept-in-saskatchewan.html
1,055 g/t over 0.5 meters? Are you kidding me? That’s just… wow. As someone who’s had a fair bit of exposure to junior gold explorers over the years (and the heart palpitations that come with them!), these numbers are absolutely eye-popping. Usually, anything over 10-20 g/t is considered good, so to see something like this is really something else. I've been burned by some "promising" drill results in the past that never panned out, but these grades are truly exceptional. It definitely makes me wonder if this could be one of those rare cases where a junior actually does hit the big one.
I'm always a bit cautious with these kinds of announcements, especially from explorers, as it's just one drill hole and a very narrow intercept. However, the expert quoted in the article seems pretty bullish, seeing a lot of upside. Given that gold has been performing pretty well this year, and I'm looking to diversify a bit more of my retirement portfolio away from just tech, this definitely catches my attention. I've been eyeing some smaller gold players, and this kind of news makes me want to dig a bit deeper into Trident. What are your thoughts on these kinds of high-grade, narrow intercepts? Anyone here ever played a junior with similar initial results? Always appreciate hearing from this community's experience!