Trans Canada GOLD Corp. Initiates Permitting the GOLD Crow District Scale GOLD and Magmatic Copper-Nickel-Cobalt Project Near Pickle Lake, IN Northwestern Ontario, Confirms Historical High-Grade GOLD and Copper- Nickel Values and Drill Ready Targets
TRANS CANADA GOLD CORP.
c/o Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8
Telephone: (604) 681-3131
NEWS RELEASE
March 22nd, 2022 TSX-V Trading Symbol: TTG
OTCQB Symbol: RCTRF
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TRANS CANADA GOLD CORP. INITIATES PERMITTING THE GOLD CROW DISTRICT SCALE GOLD AND
MAGMATIC COPPER-NICKEL-COBALT PROJECT NEAR PICKLE LAKE, IN NORTHWESTERN ONTARIO,
CONFIRMS HISTORICAL HIGH-GRADE GOLD AND COPPER- NICKEL VALUES AND DRILL READY TARGETS
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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 submitted and initiated permitting on the
Gold Crow Gold Property (15,185 ha or 37,500 acres). The Gold Crow Gold Project is a district scale gold
and magmatic copper-nickel-cobalt property, with the potential for the discovery of further high-grade
gold and copper-nickel-cobalt, and straddles both the north trend and the south trend of the Misehkow
arm of the Pickle Lake greenstone belt situated near Pickle Lake, Ontario, Canada (the “Property”). The
Pickle Lake gold belt has hosted 3 million ounces of historic gold production from five underground mines
with average re covered grades ranging from 9.0 to 23.89 grams per tonne (g/t Au). The Gold Crow
District Scale gold property is accessible v ia float plane and helicopter, and has easy access to the
community of Pickle Lake Ontario and has a close proximity to several First Nations communities,
including New Osnaburgh, Ontario. Exploration activities for the entire project area are expected to be
fully permitted for 2022-23.
Commented Tim Coupland, “Our team is extremely excited about initiating permitting after experiencing
extended lockdowns due to Covid -19 preventing meaningful consultation, adding this high -grade gold
and Magmatic -Copper-Nickel-Cobalt exploration asset to our growing gold asset portfolio situated in
Canada. The Gold Crow Gold Project has encountered in historical drilling, the existence of high-grade
gold and multiple high grade drill targets situated in banded iron formations, as well as magmatic copper-
nickel-cobalt mineralization in gabbro that are drill ready, situated on the Gold Crow Property. We
believe having many historical past gold producers to the north of our property, and the elevated gold
system situated on the property has the potential to develop a sizeable zones of gold mineralization. We
have always been excited about the project potential and the fact the property has previously
encountered high-grade and visible gold in core in prior exploration drilling”
GOLD CROW PROJECT- GOLD, COPPER-NICKEL-COBALT HIGHLIGHTS
The Gold Crow Project s located in a 700-kilometre-long belt across the Canadian Shield from Lake
Winnipeg to the James Bay lowlands, that is well endowed with gold. Total gold produced from this belt
is 36 million ounces.
The north trend of the property covers a 28 km length of mafic volcanics with multiple iron formation
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horizons ideal for hosting gold. Drill holes with gold intercepts are scattered along the length of the
trend, but seem to be concentrated in a 3.5-kilometer-long area referred to here as the Jackpot Zone.
The Jackpot Zone situated on the Gold Crow project, was last explored in the 2010 -2012 exploration
period by Jiminex Inc. The drill results include Hole MIS 11 -03, which returned 5.44- meter core length
of 10.86 g/t Au, including 2.40 meters of 18.26 g/t Au, which in turn included 0.30 meter of 116.0 g/t
Au.
The Nickel Crow Zone, located on the north trend of the property, was explored by Sturdy Mines in 1985.
Their program was successful in the search for copper -nickel with their bes t assay indicating 1.22%
combined Cu-Ni across 15 feet. Trench samples consistently averaged 0.66% Cu (Copper), 0.25% Ni
(Nickel) and 0.12% Co (Cobalt).
The Gold Crow district scale Property is recognized to host significant gold and magmatic copper-nickel-
cobalt potential, and warrants a major, multiyear exploration program focused on drilling in and on strike
with the Jackpo t Zone and the Nickel Crow Zone . Property wide till sampling, analysis and gold grain
counting, prospecting, stripping, geological mapping and drilling new high -grade targets as they are
defined is planned . Lithogeochemical studies to assess magmatic copper- nickel-cobalt and VMS
potential will also be carried out.
Previous drilling only assayed gold targets, and did not assay for the abundance of base metals that occur
on the property. Additional exploration will almost certainly enhance the exploration potential for the
presence of additional high -grade gold and magmatic-copper-nickel-cobalt targets situated on the
property and provide additional drill targets to compliment the gold targets already identified on our
property. The gold numbers detailed in previous drilling are quite compelling and require additional deep
and in-fill drilling. The Gold Crow property has an existing base camp established with access to drill
locations and to water. The Company has identified several high- grade gold targets, copper, nickel cobalt
targets and the property and surrounding area is drill ready with easy access to the community of Pickle
Lake, complete with infrastructure and a seasoned workforce. With the review o f historical data sets,
combined with a proper compilation, a picture is now emerging that the Gold Crow Property has the
potential to host a zone of high-grade gold, and in addition to gold, potentially host magmatic copper-
nickel-cobalt mineralization and VMS style copper-zinc-silver mineralization.
TRANS CANADA GOLD CORP.- www.transcanadagold.com
The company has a fully interactive website and social media platforms at www.transcanadagold.com
The fully interactive website, which allows users to access social media platforms such as Twitter,
Facebook and Instagram will update and allow shareholders to view the Company’s latest exploration
activities and development of the Trans Canada Gold Projects situated in Ontario and Newfoundland.
TRANS CANADA GOLD PROJECT– THE DINORWIC GOLD PROPERTY
The Trans-Canada Gold Property consists of 741 non- surveyed contiguous mineral cell claims totaling
14,880 hectares located within the Kenora Mining Division of Ontario. The property is located within
the Wabigoon Greenstone Belt, which also contains the Goliath Gold deposit and the Goldlund Gold
Deposit. The Property contains a number of large shear zones containing quartz carbonate veins, pyrite
and arsenopyrite, underlain by mafic volcanics with felsic volcanics in the south. There is a large regional
scale iron carbonate alteration within the property, which is considered to be similar to that of the Red
Lake Mining Camp. The regional scale Carbonate alteration within the property associated with shear
zones within iron -tholeiite are prime targets fo r gold exploration. The property has excellent access,
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with the Trans-Canada highway bisecting multiple high priority targets in a north-south direction, as well
as close proximity to the large community of Dryden, Ontario. The property has access to first class
infrastructure, with close proximity to a number of rail corridors and power lines. A number of gold
exploration targets have been identified within the property based on their association with regional
alteration, known gold showings, shear zone s, complex patterns and offsets in the regional magnetic
map as well as spatial association with regional structures that has the potential to be well endowed
with gold mineralization.
Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined by Natio nal Instrument 43 -101, has
reviewed and approved of the technical information disclosed in the news release.
ABOUT TRANS CANADA GOLD CORP. – GOLD MINERAL EXPLORATION/ OIL AND GAS PRODUCTION
The Company is a discovery focused Canadian Gold and Mineral Exploration and Oil & Gas Resource
Development Company that is currently focused on developing its’ District Scale Gold exploration
projects in Ontario and Newfoundland, increasing its production capabilities, and obtaining 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, a time-honored safe mineral exploration jurisdiction. The Company is currently permitting a
developing a number of District Scale gold mineral exploration property opportunities, and identifying
low risk exploration opportunities through selective acquisitions and development of mining exploration
assets situated in these favorable resource jurisdictions. The Company has qualified Senior exploration
management and Geological Mining teams of professionals, seasoned in exploration production, field
exploration and drilling. 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.