Trans Canada talks expanded gold potential at Harrison

Executive Summary

• Trans Canada Gold Corp. provided a corporate update on its Harrison Lake gold project in British Columbia, highlighting significant gold potential and preparing for upcoming 2026 drilling plans.
• The company identified a conceptual target of 2 to 10 million tonnes grading between 1.0 to 5.0 g/t gold, based on historical drilling and geological understanding over a 7-kilometre strike length.
• The company has secured drilling permits for 2026-2027 and appointed Michael Magrum as exploration manager and key technical adviser to oversee the technical management of the project.

Key Details

• Exploration Target: Identified 2 to 10 million tonnes of gold mineralized material grading 1.0 to 5.0 g/t gold. This is a conceptual target based on historical data; insufficient exploration exists to define a mineral resource.
• Project Location & Size: Harrison Lake gold project is located in southwestern British Columbia, covering 5,025 hectares (7,475 acres). It is fully road accessible via TransCanada Highway and Highway 7.
• Geological Context: The project shares geological characteristics with the Snowline gold deposit in the Tintina gold belt (Yukon). It features a 7-kilometre strike length of the Harrison Lake structural zone with stockwork-type gold mineralization within diorite intrusions.
• Historical Drill Intercepts:
  • DDH-84-52: 102 metres at 3.54 g/t gold.
  • DDH 88-76 (Jenner/Portal zones): 7.0 metres averaging 21.4 g/t gold.
  • DDH 88-121 (Jenner/Portal zones): 9.0 metres averaging 13.5 g/t gold.
  • DDH 88-130 (Hill zone): 30 metres averaging 3.0 g/t gold.
• 2026 Drilling Plan:
  • Two phases of diamond drilling using large diameter NTW (two-plus-inch) core.
  • Systematic drilling along a fence in a known higher-grade zone to test metallic screen gold assaying (historic assays may be understated by 10-40%).
  • Update geological database to modern GIS standards.
  • Identify additional targets over the 7.5-kilometre trend.
• Permits: Drilling permits approved by the Province of British Columbia for 2026 to 2027.
• Previous Expenditure: Over $10.0 million in previous exploration drilling expenditures.
• Technical Team: Michael Magrum appointed as exploration manager and key technical adviser (Qualified Person under NI 43-101) with over 40 years of experience.
• Transaction Status: The option agreement for the Harrison Lake project is subject to TSX Venture acceptance. Completion of drill programs is dependent on a successful private placement announced concurrently with the property acquisition.

Notable Quotes

• Tim Coupland, President and CEO: "We are extremely pleased to now recognize the significant gold potential for the expansion on the district scale Harrison Lake Gold project. This project has a high-quality GIS database of exploration and drilling data available to our staff of seasoned mining professionals ready to deliver drilling results."
• Tim Coupland, President and CEO: "Trans Canada Gold is strategically positioned to further bring its historical gold resource to meet the current CIM standards, and potentially increasing its gold grade to bring these results to its existing shareholders and new investors."