#Trans Canada Gold Advances Drilling at Harrison Lake Gold Project
Trans Canada Gold Corp. (TSXV:TTG) has initiated steady underground drilling operations at the Harrison Lake Gold Project, located on Bear Mountain. The company is building on the success of earlier drilling programs to further explore and expand known gold zones within the area.
The current drilling program is being executed by Paradigm Drilling Ltd., based in Kamloops, B.C. Under the supervision of Project Manager Carl von Einsiedel, P. Geo, the drilling aims to assess high-grade extensions of gold mineralization and explore previously untested zones.
Trans Canada Gold plans a two-phase drilling approach. The Phase 1 program will drill 3-6 holes near a high-grade gold intercept from previous drilling (DDH-84-52), which recorded 102 meters at a grade of 3.54 g/t gold. Phase 2 will encompass 8 additional holes, focusing on multiple high-grade zones, including promising targets like DDH 88-76 and DDH 88-121, which showed significantly high grades in prior drill results.
The company reports a non-compliant historical resource estimate of 220,000 ounces of gold, although this figure is not classified under current National Instrument 43-101 standards. Additionally, Trans Canada has identified potential targets for further exploration, estimating 2 to 10 million tonnes of mineralized material grading between 1.0 to 5.0 grams per tonne. However, these targets remain conceptual and are subject to further exploration verification.
Trans Canada Gold is actively pursuing discoveries in gold, silver, and critical base metals across Canada. The company also engages in oil and gas exploration, particularly in Alberta, enhancing its position in the natural resources sector while minimizing risk through selective acquisitions and responsible exploration practices.
Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) is currently engaged in underground drilling at the Harrison Lake Gold Project. The 2026 drilling programme is a follow-up to previous successful historical drill programmes, focusing on expanding known gold zones and exploring untested mineralised areas. However, there are inherent risks in exploration activities, including the possibility of not discovering additional significant resources.
The Harrison Lake Gold Project is reported to share similar geological characteristics with the Snowline Gold deposit in the Tintina Gold Belt, Yukon. While these similarities may indicate potential for gold discovery, there is no guarantee that similar mineralization will be present at Harrison Lake, and further exploration is required to confirm these findings.
The company cites a non-compliant historical gold resource estimate of 220,000 ounces at the Harrison Lake Gold Project. However, these estimates do not conform to current NI 43-101 standards and should not be relied upon, as a qualified person has not verified them or classified them as current mineral resources.
The company has identified targets for further exploration, estimating between 2 to 10 million tonnes of gold mineralised material grading between 1.0 to 5.0 grams per tonne. This estimation is conceptual and based on historical data; however, it is uncertain if further exploration will lead to defining a mineral resource.
Paradigm Drilling Ltd. of Kamloops, B.C., has been selected as the drill contractor for the underground operations, supervised by Carl von Einsiedel, P. Geo, the Project Manager. While having experienced management is a positive, operational challenges may still arise during drilling.
Trans Canada Gold Corp. is primarily focused on discovering and developing gold, silver, and critical base metal assets in Canada. Additionally, the company is involved in oil and gas resource development, particularly in Alberta. While this diversified focus may present opportunities for growth, it also entails particular risks associated with each sector.
The company has mentioned being well-positioned to capitalise on stable and ascending gold prices. However, investment potential is inherently uncertain and involves various factors, including market conditions, exploration results, and regulatory environments. Investors should conduct their own due diligence before making any decisions.
For further inquiries, you can contact Tim Coupland, President and CEO, at Trans Canada Gold Corp. via telephone at (604) 681-3131 or email at [email protected]. It is advisable to review official communications for accurate and updated information.