on Trans Canada Gold Corp. (isin : CA8931291063)
Trans Canada Gold Corp. Reports Steady Oil Production and Plans New Drilling
Trans Canada Gold Corp., operating in British Columbia, disclosed shipment of 2,886 barrels in May 2025 from its Lloydminster site. The production rate was 96 barrels per day gross, impaired by nine days due to equipment maintenance.
The company announces a board change as Christian Timmins resigns to focus on Pegasus Resources. His contributions are acknowledged by the board.
Trans Canada has secured permits for a new multilateral well in Alberta, sharing 18.75% interest with Croverro Energy Ltd. This well is estimated to open 3,000 meters of the Sparky formation, with costs funded from production cash flow.
Future plans include expanding drilling strategies in Alberta and Saskatchewan despite market volatility.
R. H.
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