Trans Canada Gold Corp. Has Now Successfully Drilled and Encountered Oil on Its Target Zone of Interest Multilateral Horizontal Heavy Oil Well Situated Near Lloydminster, Alberta

Trans Canada Gold Corp. announce that it has successfully drilled and completed all seven (7) legs of the newly drilled well, on the Company's heavy oil property situated near Lloydminster, Alberta. The Company encountered oil in all of the target zones of interest.

The well is expected to be placed on production shortly, and once the well has been completed and fully equipped, oil production rates will be released. The Company has received all required drill permits from the Alberta AER Regulator, and has completed all surface drilling operations. The Lloyd well is a 7- Leg Multilateral horizontal oil well that targeted 3,000 metres of oil pay in the Sparky oil formation.

Croverro Energy Ltd. under the terms of the agreement will be Operator. The Company is a discovery focused Canadian Gold and Mineral Exploration and Oil & Gas Resource Development Company that is currently focused on developing its' District Scale Gold exploration projects in Ontario, increasing its production capabilities, and obtaining potential future oil production revenues. The Company identifies, acquires and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets primarily situated in Canada, a time- honored safe mineral exploration jurisdiction.

The Company is permitting and developing a number of District Scale gold mineral exploration property opportunities, and identifying low risk exploration opportunities through selective acquisitions and development of mining exploration assets situated in these favorable resource jurisdictions. The Company has qualified Senior exploration management and Geological Mining teams of professionals, seasoned in exploration production, field exploration and drilling. 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 and development of mining, and petroleum and natural gas resource assets.