Trans Canada Gold Corp. announced that the Company has the results of the second full month of November oil production, trucking and oil sales to Cenovus Energy Ltd. The Lloydminster well has shipped over 7,296 bbls for the month of November, and produced at an increased average daily rate of 243 bbls/d gross (45 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 14,236 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 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.