Trans Canada GOLD Corp. Completes Its Fifth Full Month of Successful Oil Production FOR the Month of February 2024, ON Its Newly Drilled Multilateral Horizontal Heavy Oil Well, Situated Near Lloydminster, Alberta ____________________________________________________________________________________
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TRANS CANADA GOLD CORP.
c/o Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8
Telephone: (604) 681-3131
NEWS RELEASE
March 5th, 2024 TSX-V Trading Symbol: TTG
OTCQB Symbol: RCTRF
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TRANS CANADA GOLD CORP. COMPLETES ITS FIFTH FULL MONTH OF SUCCESSFUL OIL PRODUCTION FOR
THE MONTH OF FEBRUARY 2024, ON ITS NEWLY DRILLED MULTILATERAL HORIZONTAL HEAVY OIL WELL,
SITUATED NEAR LLOYDMINSTER, ALBERTA
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VANCOUVER, B.C. – Trans Canada Gold Corp. (TSX-V: TTG, OTCQB -RCTRF) (“Trans Canada” or the
“Company”), is pleased to announce that the Company has now completed its fifth full month of oil
production for the month of February 2024, with trucking and oil sales to Altex, Flint Hills and Cenovus
Energy Ltd. The Company will release the February numbers in the coming days , once finalized. The
Company in October 2023, successfully drilled and completed seven (7) multi-lateral legs of our first
multilateral well. The Company encountered oil throughout the entire 2675 meters of lateral oil pay in
the Sparky formation. Croverro Energy Ltd. under the terms of the agreement will be Operator.
The Company recently completed the purchase of two strategic land and lease acquisitions pursuant to
an AMI (“Area of Mutual Interest”) in a Farmout Agreement (“Farmout”) dated November 1, 2022. The
strategic land and lease acquisition will now allow the Company to quickly start preparing for permitting
and drilling of a second Multi-Lateral Horizontal Oil Well in the prolific heavy oil region of Lloydminster,
Alberta.
Trans Canada has been reviewing a number of additional land and drilling opportunities under the AMI.
The Company continues to explore additional exploration drilling opportunities in Canada and the United
States.
Commented Tim Coupland, “We have now hit the fifth-month production milestone, and are excited to
be soon releasing our February daily oil production rates shortly, once the final oil production numbers
have been finalized with Croverro, and confirmed by Altex, Flint Hills and Cenovus Energy Energy Ltd.”
The Croverro Team, has demonstrated superior technical proficiency, production efficiency and cost
management efficiency, expected of an experienced oil and gas technical team that has consistent,
proven oil production success with multi-lateral wells currently under their supervision and operation.
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ABOUT TRANS CANADA GOLD CORP. – GOLD MINERAL EXPLORATION/ OIL AND GAS PRODUCTION
The Company is a discovery focused Oil & Gas Resource Development and Mineral Exploration Company
that is currently focused on developing its’ production of conventional heavy oil exploration
opportunities, increasing production capabilities and increasing potential future oil production revenues.
The Company identifies, acquires and finances the acquisition of gold exploration properties and the
ongoing development of mining and oil and gas assets primarily situated in Canada. The Company is
currently permitting and developing its Pickle Lake gold exploration property. The Company has qualified
Senior exploration management and Geological Mining teams of professionals, seasoned in exploration
production, field exploration and drilling. The Company currently works with Croverro Energy Ltd., who
has demonstrated proficiency, expected of an experienced oil and gas technical team that has proven oil
production success with large multi-lateral wells currently under their supervision. The Company has the
necessary manpower in place to develop its natural resource properties an d manage its production
properties. The Company is committed to minimizing risk through selective property acquisitions, and
responsible exploration and development of mining, and petroleum and natural gas resource assets.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
www.transcanadagold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the
Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.