Trans Canada Gold Corp. announced that the Company has the results of the third full month of December oil production, trucking and oil sales to Altex and Cenovus Energy Ltd. The Lloydminster well has shipped over 7, 032 barrels (bbl) for the calendar month of December, and produced at an average daily rate of 226 bbls/d gross (42 bbls/d net) to the Company since being placed on production, representing its 18.75% working interest ownership. Production shipping and sales commenced on the newly drilled well on October 6th, 2023 and the new well, has now produced over 21,268 bbls of consistent steady oil production to date.

The Company successfully drilled and completed all seven (7) legs in the Sparky oil formation. The total meters 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.

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.