Trans Canada Gold Corp Commences Drilling on Its Second Multilateral Well Near Lloydminster, Alberta

Trans Canada Gold Corp has appointed Precision Drilling as its Rig Contractor for a new drilling operation. The company began drilling its second multilateral well, expecting operations to last about ten days. The well is located in partnership-controlled lands, with Trans Canada holding an 18.75% interest.

This second multilateral horizontal well targets the General Petroleum (GP) oil formation using advanced seismic data. The well will have 11 lateral legs, and additional lands acquired in the Area of Mutual Interest (AMI) provide further opportunities for similar projects.

Tim Coupland, CEO, highlighted the strategic advantages and reduced risks of the new drill program. Director Chris Timmins noted the benefits of the multilateral approach, emphasizing stable output and robust long-term value for shareholders.

Trans Canada continues to explore drilling opportunities in Canada and the United States.