Trans Canada Gold Corp. announced that the Company has the results of the first full month of October oil production, trucking and oil sales to Cenovus Energy Ltd, with the following results. The Lloydminster well has shipped over 6,939 bbls, and produced at an average rate of 224 bbls/d gross (41 bbls/d net) to the Company since being placed on production in early October, representing its 18.75% working interest ownership.

Shipping commenced on October 6th and reflects 3 weeks of actual production, and not a full calendar month. The Company successfully drilled and completed all (7) legs in the Sparky oil formation. The total metres drilled in all wellbores on the multilateral well, was 2675 meters, of open hole.

Trans Canada is currently reviewing additional drilling opportunities under an Area of Mutual Interest (AMI) with Croverro. Any 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 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.