on Trans Canada Gold Corp. (CVE:TTG)
Trans Canada Gold Corp. Advances Gold Project Acquisitions and Prepares for Drilling
Trans Canada Gold Corp. is in late-stage due diligence for acquiring several gold projects in favorable Canadian regions. The company is aiming for a strategic acquisition early next year, leveraging its exploration team's expertise amidst strong gold market conditions.
Additionally, Trans Canada has secured a multilateral drill permit for a new well near Lloydminster, Alberta, with drilling set to begin next year. The estimated cost of $1.9 million will be covered through production cash flow, thus avoiding share dilution.
The company focuses on enhancing oil and gas production in Alberta and aims to strategically expand its resources through careful acquisitions and exploration.
R. P.
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