Toronto, Ontario--(Newsfile Corp. - April 19, 2013) - Trident Gold Corp. (TSXV: TTG) ("Trident") is pleased to announce that it has commenced first-pass drilling on the Quebraditas High Grade Vein Target in Colombia. Initial drilling will test seven priority high-grade vein structures identified through extensive underground sampling as well as possible disseminated mineralization adjacent to the veins. Drill holes are expected to be in the order of 100 meters deep.
The company has engaged Codrilco S.A.S. ("Codrilco"), a Medellin based and Australian owned drilling company. Codrilco mobilized a Bungarra CDC 600 drill rig to site several weeks ago.
Timothy Russell, President and Chief Executive Officer of Trident, said, "We would like to acknowledge the tremendous effort and engagement of all of our work force that has allowed us to commence drilling so quickly after financing. We would also like to acknowledge the great support that the communities of Yolombó and Yali have shown us. It is testament to how international explorers can work efficiently and effectively achieving outcomes for the benefit of all stakeholders."
Options Grant
The Company has granted a total of 3,284,623 stock options to directors and management of the Company. All options are exercisable at a price of $0.65 per common share. One third of the options vest immediately, one third on the first anniversary, and one third on the second anniversary. They have a term of 5 years.
About Trident
Trident's principal asset is the Marquesa Gold Property Portfolio located within the highly prospective Antioquia Batholith in Antioquia, Colombia. The project is comprised of approximately 124,000ha contiguous land package located approximately 25km north of AngloGold Ashanti/B2Gold's Gramalote Gold Project. Multiple drill targets and prospects have been identified on the property. The 2013 exploration program will focus on the most value accretive activities, with initial drilling to be executed in phases, commencing on the Quebraditas high-grade gold vein target now.
The Quebraditas anomaly measures 3km x 1km and is open in all directions. Exploration to date at Quebraditas has focused on the mapping and sampling of over 3,000m of artisanal mine tunnels. More than 30 veins have been identified, occurring en echelon, on two district scale intersecting lineaments.
For further information please contact:
Timothy Russell
President & CEO
Tel: +1 519 546-8153
Email: tim.russell@tridentgoldcorp.com
See our website for further information
www.tridentgoldcorp.com
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Source: Trident Gold Corp.