Trans Canada GOLD Corp. Completes the First Full Month of New October Oil Production ON Its Successfully Drilled Multilateral Horizontal Heavy Oil Well ON Production, Situated Near Lloydminster, Alberta ____________________________________________________________________________________
TRANS CANADA GOLD CORP.
c/o Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8
Telephone: (604) 681-3131
NEWS RELEASE
November 2nd , 2023 TSX-V Trading Symbol: TTG
OTCQB Symbol: RCTRF
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TRANS CANADA GOLD CORP. COMPLETES THE FIRST FULL MONTH OF NEW OCTOBER OIL PRODUCTION
ON ITS SUCCESSFULLY DRILLED MULTILATERAL HORIZONTAL HEAVY OIL WELL ON PRODUCTION,
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 completed its first full month of October oil
production, trucking and oil sales to Cenovus Energy Ltd. The Company will release the October numbers
in the coming weeks once finalized. The Company successfully drilled and completed all seven (7) legs
of the newly drilled multilateral well, on the Company’s heavy oil property situated near Lloydminster,
Alberta. The Company encountered oil in all of the target zones of interest and October oil production
rates will be released shortly. The Lloyd well is a 7- Leg Multilateral horizontal oil well that targeted oil
in the Sparky oil formation. The total metres drilled in all wellbores on the multilateral well, was 2675
meters, of open hole in all 7 legs. Croverro Energy Ltd. under the terms of the agreement will be
Operator.
Commented Tim Coupland, “We are excited to be releasing our October daily oil production rates in the
coming weeks , once the final oil production numbers have been finalized. 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.”
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 Minin g 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 and manage its production
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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
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Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.