23:19:07 EDT Mon 22 Jun 2026
Enter Symbol
or Name
USA
CA



Trans Canada Gold Corp
Symbol TTG
Shares Issued 58,729,839
Close 2026-06-22 C$ 0.11
Market Cap C$ 6,460,282
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Trans Canada hires contractor to drill at Harrison Lake

2026-06-22 20:52 ET - News Release

Mr. Tim Coupland reports

TRANS CANADA GOLD APPOINTS PARADIGM DRILLING LTD. FOR DRILLING AT THE HARRISON LAKE DISTRICT SCALE GOLD PROJECT, DRILLING TO COMMENCE SHORTLY

Trans Canada Gold Corp. has appointed Paradigm Drilling Ltd., of Kamloops, B.C., as selected drill contractor for underground drilling at the Harrison Lake gold project. The company will be using a Connors 20HH underground diamond drill, with 2.205-inch NTW drill core. All underground work will be under the supervision of Carl von Einsiedel, PGeo, project manager. The drill is currently being mobilized and is expected to be on site and turn on the property shortly. The company has completed the installation of updated electrical underground facilities and underground drill pad set-ups, and is ready for phase 1 diamond drilling program at the Harrison Lake gold project. Contractors have completed all underground drill set-ups, underground electrical facility upgrades, road access improvements and all weather core shack/core sawing facility upgrades. Follow-up drilling will be based on the project's previous successful historical drill programs targeting gold, with a focus on expanding previously discovered gold zones, determining continuity and orientation, locating higher-grade extensions of mineralization, and preliminary testing of the remaining, untested mineralized and altered zones within the project areas. The Harrison Lake gold project is demonstrating the same geological characteristics as the Snowline gold deposit situated in the Tintina gold belt in the Yukon.

Project fully permitted for underground drilling/2026 exploration and gold drilling strategy

Harrison Lake gold project is in an advanced exploration and development setting, and is fully permitted, targeting identified gold zones and increasing its gold resource. Detailed drill planning and targeting are currently under way on the Harrison Lake gold project. The company is well positioned to capture and to capitalize on the forecasted stable and ascending gold prices.

  • Phase 1 drilling -- six-hole program targeting the highest-grade gold zone around intercept DDH-84-52: 102 metres grading 3.54 grams per tonne gold;
  • Phase 2 drilling -- eight-hole drilling program targeting multiple high-grade gold zones; DDH 88-76 intersected 7.0 metres averaging 21.4 g/t, and DDH 88-121 intersected 9.0 metres averaging 13.5 g/t; they are priority follow-ups.

The company currently has a non-compliant historical gold resource of 220,000 ounces of gold at the Harrison Lake gold project. These historic estimates are disclosed solely for context. The historic estimates do not conform to current National Instrument 43-101 standards, are not classified as current mineral resources or mineral reserves, and should not be relied upon. A qualified person has not done sufficient work to classify the historic estimates as current mineral resources or mineral reserves.

Gold targets identified for drilling and further exploration

The company has identified targets for further exploration:

  • Two million to 10 million tonnes of gold mineralized material;
  • Grading between 1.0 to 5.0 grams per tonne gold.

This target for further exploration target is based on the current geological understating and historical drilling and identified mineralization, over several widely spaced intrusions over more than two kilometres of strike length and over a combined vertical elevation range of more than 700 metres.

The potential quantity and grade of this gold target for further exploration are conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Harrison Lake district-scale gold project -- geological highlights -- gold intercepts

Harrison Lake district-scale gold project is located in an advanced gold exploration and development setting, which is fully permitted for targeting identified and known gold zones, in the expectation of increasing its gold resource. Detailed drill planning is currently under way on the Harrison Lake gold project located on Bear Mountain. The company is well positioned to capture and to capitalize on the forecasted ascending gold prices:

  • The property covers a seven-kilometre strike length of the gold-rich Harrison Lake structural zone, with stockwork-type gold mineralization within diorite intrusions (Jenner and Portal zones) including DDH-84-52: 102 metres of 3.54 g/t gold.
  • Jenner and Portal zones include DDH 88-76, which intersected 7.0 metres averaging 21.4 g/t, and DDH 88-121, which intersected 9.0 metres averaging 13.5 g/t.
  • A corridor of similar diorite intrusions and gold-in-soil anomalies that extends for more than two kilometres to the south of the original gold discovery. Follow-up drilling of some of these soil anomalies identified more diorite-hosted stockwork type mineralization including DDH 88-130, which tested the Hill zone and reportedly returned 30 metres averaging 3.0 g/t.
  • The style of mineralization is similar to the gold deposit model of the Tintina gold belt that straddles the Yukon-Alaska border, and it has also been recognized that the mineralized diorite intrusions are localized along a regionally extensive shear zone adjacent to a large diorite batholith. Snowline Gold's recent discovery of the Valley deposit clearly demonstrates the potential of these types of occurrences.

Tim Coupland, president and chief executive officer, commented: "We are excited to be starting phase 1 drilling at Harrison Lake, unlocking the significant gold potential for the expansion on the district-scale Harrison Lake gold project. We will be updating the high-quality GIS database of exploration and drilling data available to our staff of seasoned mining professionals and underground diamond drillers ready to start and deliver drilling results. Trans Canada Gold and its geological team is now strategically positioned to further bring its historical gold resource to meet the current CIM standards and potentially increasing its gold grade to bring these results to its existing shareholders and new investors. The company will embark on a program to accelerate investor awareness and branding of our unique gold investment opportunity in this precious metal supercycle."

Michael Magrum, exploration manager for the company and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information used in this news release. The qualified person has not verified the mineralization hosted on adjacent and/or nearby and/or geologically similar properties, which are not necessarily indicative of mineralization hosted on the company's properties.

About Trans Canada Gold Corp.

The company is a Canadian discovery-focused gold exploration company focused on acquiring and drilling advanced gold, silver and critical base metal mineral assets situated in Canada. The company identifies, acquires and finances with its working interest partners, and is an oil and gas resource development 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 mining management and oil and gas 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 its 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 gold and strategic mineral, petroleum and natural gas resource assets.

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