Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Drill Results

Trans Canada Gold Corp. is Finalizing Due Diligence on a Gold Exploration and Project Acquisition in a Canadian Resource Jurisdiction, and in Discussions to Acquire a Strategic Gold Drilling and Exploration Acquisition fully permitted with a Historical Go

By The Northwire Desk — AI Analysis Jan 07, 2026 · 06:30 TTG · 0.055 Trans Canada Gold Corp.
TTG · Price

Executive Summary

  • Trans Canada Gold Corp. is completing due‑diligence on a gold mineral exploration project with drill permits already secured and a historical resource pending NI 43‑101 verification.
  • The company received AER approval for a new Lloyd 5‑23‑49‑1W4 well license and multi‑leg multilateral drill permit near Lloydminster, Alberta, with drilling slated for 2026.
  • Estimated drilling, completion and equipment costs total $1.9 M (of which $350 k is net to Trans Canada); the program will be funded entirely from existing production cash flow, avoiding share dilution.

Key Details

  • Due‑diligence progress: Geological team finalizing claim verifications, permit confirmations, and vendor agreements for a strategic gold property acquisition early in 2026.
  • Resource status: Historical resource exists; NI 43‑101 compliant technical report is pending completion.
  • Drill permit & well license: Formal approval from Alberta Energy Regulator (AER) for Lloyd 5‑23‑49‑1W4 well and associated 7‑leg multilateral drilling program.
  • Cost breakdown: Total program cost $1.9 M; net cash outlay to Trans Canada $350,000. All costs funded from existing oil & gas production cash flow.
  • Strategic rationale: Leverage current high gold price environment and strong precious metals market conditions to expand the large‑scale gold property.
  • Partner involvement: Collaboration with Croverro Energy Ltd., providing technical expertise for multi‑lateral well development and drilling operations.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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