Trans Canada Gold Corp. announced that the Company has received full permit approval for drilling the Crippleback Lake Gold Project in central Newfoundland (the “Crippleback Lake Gold Project”, or the “Project”) from the Government of Newfoundland and Labrador. The Company received initial exploration permit approval on June 28, 2021 for planned Mineral Exploration work on the Crippleback Lake Gold Project to quickly advance the Project to drill ready status. The newly issued diamond drill permits allow the Company to fully utilize all drilling and heavy equipment over the recently identified gold targets situated on the Crippleback Lake Gold Project. Senior Management accompanied by its geology team recently visited Newfoundland and traversed and prospected the Crippleback Lake Gold Project with Newfoundland prospecting legend Allan Keats, a co-vendor of part of the Project, over a three-day period confirming known gold showings and discussing the upcoming target generation and planned drill targeting on the Project. The Company is rapidly advancing the Crippleback Lake Gold Project, which is ideally situated over the Cape Ray Fault. The Cape Ray Fault hosts Marathon Gold’s Valentine Lake Gold deposit, which is anticipated to be Atlantic Canada’s large gold mining operation, and the Sokoman Minerals Corp. (TSXV-SIC) (“Sokoman”) 100% wholly-owned Moosehead gold discovery, also strategically located in the “Corridor of Gold” in central Newfoundland. SHA Geophysics has completed a regional helicopter-borne Heli-GT Triaxial Magnetic Gradiometer Survey on the Crippleback Lake Gold Project situated 45 km south of Grand Falls-Windsor, in central Newfoundland. The geophysical survey consisted of 579-line kilometers with traverse lines to be flown at 75-meter spacings and control lines flown at 1250-meter line spacings directly over the Crippleback Lake Gold Project claim-block, which lies directly above and over the Cape Ray Fault zone. The Heli-Gt Magnetic Gradiometer Survey is now considered one of the exploration industry’s finest, state-of -the-art, deep penetrating airborne tools used to enhance gold exploration. The helicopter borne survey produces deep penetrating and newly generated survey data, which clearly identifies, enhances and in combination with rock and soil-sampling, shows high-definition conductive gold targets, fault zones and structural features often hidden in overburden. Airborne surveys are critical in the discovery of high grade-gold and important in locating hidden base metal targets hidden in the structurally advanced Newfoundland geological environment. The Company has now received the necessary permit approval for Planned Mineral Exploration Work from the Government of Newfoundland and Labrador, for the Crippleback Lake Gold Project situated in the “Corridor of Gold”, in central Newfoundland. The newly issued exploration permit now grants the Company permission to follow up on prospective gold targets recently identified by the Company’s geological team in conjunction with Sokoman, which will quickly bring the Project to the drill ready stage. The exploration permit allows for prospecting, geochemical sampling, airborne geophysics and ground geophysics. In addition to exploration permitting, drilling permits were recently submitted on June 17, 2021 for diamond drilling and the use of heavy equipment, once gold targets have been generated and fully defined on the Project in the coming months. The Company is positioned to move quickly, and to advance the gold potential of this centrally positioned gold property, which lies directly over the Cape Ray Faulting system, the same faulting system that hosts the Marathon Gold’s Valentine Lake Gold deposit and Sokomon’s 100% wholly-owned Moosehead gold discovery, located in central Newfoundland’s Corridor of Gold.