Trans Canada Gold Secures Option to Acquire Majority Stake in Harrison Lake Gold Project

Trans Canada Gold Corp. has secured an option to acquire a 60% interest in the Harrison Lake Gold Property, British Columbia. The agreement with Bear Mountain Gold Mines involves a $250,000 payment, exploration expenditures of $5 million, and issuing 10 million in common shares over five years. The transaction, pending TSX Venture Exchange approval, aims to capitalize on the property's historical mineralization, which includes extensive exploration work from the 1980s. The site hosts a notable diorite intrusion-related gold mineralization over a seven-kilometer ridge.

Bearing a rich history of exploration, including notable discoveries like the Jenner and Portal zones, the Harrison Lake project has seen over $10 million in past investments. Trans Canada Gold plans to utilize the expertise of Exploration Manager Michael Magrum to oversee future drilling and development efforts.