Trans Canada Gold Corp. announced that the Company has now completed its fourth full month of oil production for the month of January 2024, with trucking and oil sales to Altex and Cenovus Energy Ltd. The Company will release the January numbers in the coming days, once finalized. The Company successfully drilled and completed all seven (7) legs of the newly drilled multilateral well, on the Company's heavy oil property situated near Lloydminster, Alberta.

The Company encountered oil in all of the target zones of interest and October oil production rates will be released shortly. The Lloyd well is a 7- Leg Multilateral horizontal oil well that targeted oil in the Sparky oil formation. The total meters drilled in all wellbores on the multilateral well, was 2675 meters, of open hole in all 7 legs.

Croverro Energy Ltd. under the terms of the agreement will be Operator. Trans Canada is currently reviewing a number of additional land and drilling opportunities for 2024, under an Area of Mutual Interest (AMI). 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.