Mr. Tim Coupland reports

TRANS CANADA GOLD CORP. IS CONTINUING LATE-STAGE DUE DILIGENCE ON MULTIPLE POTENTIAL GOLD PROJECT ACQUISITIONS IN SEVERAL CANADIAN RESOURCE JURISDICTIONS, AND IN DISCUSSIONS TO ACQUIRE A STRATEGIC GOLD DRILLING AND EXPLORATION ACQUISITION IN CANADA

Trans Canada Gold Corp.'s geological team is in late-stage due diligence, actively examining and completing late-stage due diligence on several advanced gold mineral exploration projects with significant near-term growth and exploration drilling potential, situated in several Canadian provinces and resource jurisdictions favourable to mining. The company is currently completing the required due diligence, with gold property owners and vendors in the hopes of making a strategic gold property acquisition early in the new year. The company intends to utilize its experienced gold mineral exploration team, and capitalize on the current prevailing gold price and soaring precious metal market conditions.

Multilateral drill permit and well license approved/drilling pending in new year

The company has received all formal approval from the AER for its new Lloyd 5-23-49-1W4 well with the issuance of its well licence and drill permit for its upcoming new seven-leg multilateral well and drill program situated near Lloydminster, Alta.

Drilling, completion and equipping costs are expected to be $1.9-million ($350,000 net to Trans Canada). The well costs are fully financed out of production cash flow, thereby preventing any share dilution.

About Trans Canada Gold Corp. -- oil and gas production/revenue-producing wells/gold and mineral exploration

The company is a discovery focused oil and gas resource development and gold mineral exploration company that is currently focused on developing and drilling its production of conventional heavy oil exploration properties, increasing production capabilities, and increasing future oil production revenues through responsible exploration. The company identifies, acquires and finances with its working interest partners, the continuing development of oil and gas assets, primarily situated in Alberta, Canada. The company has qualified senior exploration management and geological teams of professionals, seasoned in exploration production, field exploration and drilling. The company currently works with Croverro Energy Ltd., which has demonstrated proficiency, expected of an experienced oil and gas technical team that has proven oil production, and revenue success with large multilateral wells currently under their supervision. The company has the necessary manpower in place to develop its natural resource properties and manage its production properties. The company is committed to minimizing risk through selective property acquisitions, and responsible exploration drilling, and maximizing long-term petroleum and natural gas resource assets.