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Trans Canada Gold Reports Oil Production, Drilling Plans

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-- Trans Canada Gold (TTG.V) has produced over 15,488 barrels of oil from September 2025 to March 2026, completing another seven months of steady oil production, the company said Monday.

The company has an 18.75% working interest on the 7HZ Lloyd 12-14-49-01 W4 well in Alberta, with Croverro Energy serving as operator.

Trans Canada has received all formal approvals for its new Lloyd 5-23-49-1W4 well following the issuance of its well license and drill permit for an upcoming new seven-leg multi-lateral well and drilling program.

The well is scheduled to be drilled this summer subject to rig availability, the company said.

Drilling, completion and equipping costs are expected to reach $1.9 million, with Trans Canada funding $350,000 of the total.

Meanwhile, the company said it is preparing to implement a phase-one diamond drilling program at the Harrison Lake gold project in British Columbia.

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