Trident gold assays reveal ex-Cameco site’s promise in Saskatchewan
- •I thought it was pretty interesting, especially given the history of the Contact Lake mine producing 190,000 oz.
- •gold at 6.16 grams per tonne back in the 90s.
- •My initial thought is that this could be one to watch.
Hey everyone,
Just read this article from mining.com about Trident Gold's assays in Saskatchewan: Trident gold assays reveal ex-Cameco site’s promise in Saskatchewan. I thought it was pretty interesting, especially given the history of the Contact Lake mine producing 190,000 oz. gold at 6.16 grams per tonne back in the 90s. As someone who's always keeping an eye on junior miners, specifically in gold, these kinds of results from a known gold-producing area definitely grab my attention. It's not every day you see these kinds of grades, and the fact that it's an ex-Cameco site implies there's already some infrastructure and geological understanding there, which can de-risk things a bit for exploration. My portfolio is a bit heavy in tech right now, so I'm always looking for good diversification plays, and gold has been a reliable long-term hold for me, especially with inflation worries.
My initial thought is that this could be one to watch. The article talks about some high-grade intercepts, which is exactly what you want to see early on. Obviously, it's still early days, and junior mining is notoriously speculative. I've been burned before chasing these kinds of headlines, but I've also found some real gems that have significantly boosted my retirement fund over the years. What do you all think? Anyone else been following Trident Gold or other plays in the Saskatchewan region? I'd love to hear some other perspectives on this, especially from those of you with more experience in the mining sector. Always good to get a broader view before I start digging deeper for my own family's investments.