Trans Canada Gold Corp Expands Drilling Capabilities Near Lloydminster

Trans Canada Gold Corp has announced the acquisition of additional land parcels, in partnership with Croverro Energy Group, near Lloydminster, Alberta. This move will enable the drilling of up to three new multilateral wells targeting the Sparky and GP zones. The acquisition adds 320 acres to their existing 720 acres, bringing the total to 1040 acres. The company holds an 18.75% interest in the newly acquired lands, aligning with its strategic drilling initiatives.

Croverro Energy, the operator, has processed additional seismic lines to improve precision in targeting oil reservoirs. Tim Coupland, CEO of Trans Canada, expressed confidence in their experienced partner for consistent oil discoveries and efficient production.

This expansion strengthens Trans Canada's focus on increasing oil production capabilities while maintaining low operational costs.