Trans Canada Gold Corp. announced that the Company has strengthened its land position, and signed an additional lease agreement to complement a recently completed the purchase of two strategic land and lease acquisitions pursuant to an AMI ("Area of Mutual Interest") in a Farmout Agreement ("Farmout") dated November 1, 2022. The Operator has completed, signed and secured a strategic surface lease and is now permitting its new multilateral well for a summer start for drilling.

This new multilateral well is expected to contact over 3000 meters of oil reservoir in the General Petroleum sand.