Trans Canada Gold Corp. Successfully Drills and Encounters Oil Near Lloydminster, Alberta

Trans Canada Gold Corp. (TSXV:TTG) (OTCQB:TTGXF) has successfully drilled and completed all legs of its multilateral well on the company's heavy oil property near Lloydminster, Alberta. The newly drilled well encountered oil in all target zones of interest in the GP sands.

The well is expected to initiate full oil production shortly. All required drill permits from the Alberta AER Regulator have been secured, and surface drilling operations have been completed. Croverro Energy Ltd. will operate under the current agreement.

Trans Canada Gold Corp. also acquired additional lands inside the Area of Mutual Interest (AMI), expanding opportunities for more multilateral wells. The company continues to explore additional drilling opportunities in Canada and the United States.