Trans Canada GOLD Corp. Completes the Second Full Month of Successful Oil Production FOR the Month of November, ON Its Newly Drilled Multilateral Horizontal Heavy Oil Well, 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 30th, 2023 TSX-V Trading Symbol: TTG
OTCQB Symbol: RCTRF
______________________________________________________________________________________
TRANS CANADA GOLD CORP. COMPLETES THE SECOND FULL MONTH OF SUCCESSFUL OIL PRODUCTION
FOR THE MONTH OF NOVEMBER, ON ITS NEWLY DRILLED MULTILATERAL HORIZONTAL HEAVY OIL WELL,
SITUATED NEAR LLOYDMINSTER, ALBERTA
____________________________________________________________________________________
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 second full month of oil
production for the month of November, with trucking and oil sales to Cenovus Energy Ltd. The Company
will release the October and November 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.
Trans Canada is currently reviewing a number of additional land and drilling opportunities under an Area
of Mutual Interest (AMI). Additional wells under the AMI , if the company elects to participate, will be
drilled on a non -promoted basis with Trans Canada paying 18.75% to earn 18.75%. Croverro currently
has multiple drilling prospects in the AMI that are in the development stage. Croverro may present
additional drilling opportunities to Trans Canada, as the opportunities are developed and lands/minerals
are obtained throughout the greater Lloydminster region of Alberta.
Commented Tim Coupland, “ We are excited to be releasing our October and November daily oil
production rates in the coming weeks , once the final oil production numbers have been finalized with
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. Croverro has been working on an additional number of drilling opportunities
for the Company, and the opportunities will be announced should the Company elect to participate.”
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 and 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.