Trans Canada Gold Announces Expanded Gold Potential While the Company Prepares for Exploration and Drilling on its Harrison Lake Gold Project

Executive Summary
- Trans Canada Gold Corp. announced a corporate update outlining its upcoming 2026 diamond drilling program for the Harrison Lake Gold Project in British Columbia.
- The release highlights historic drill intercepts (e.g., 7 m @ 21.4 g/t Au, 9 m @ 13.5 g/t Au) and identifies a conceptual exploration target of 2–10 Mt grading 1.0‑5.0 g/t Au.
- Drilling permits for 2026‑2027 have been approved; execution will depend on the successful closing of a concurrent private placement.
Key Details
- Project Overview
- Harrison Lake Gold Project sits on a 7 km strike length within the Harrison Lake Structural Zone, featuring stockwork gold mineralization in diorite intrusions (Jenner and Portal Zones).
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Historical drilling includes 2,920 m in 21 surface holes and 2,754 m in 23 underground holes; Portal Zone work totals 6,978 m across 50 holes (1983‑1988).
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Key Historic Intercepts
- DDH‑84‑52: 102 m @ 3.54 g/t Au
- DDH‑88‑76: 7 m @ 21.4 g/t Au
- DDH‑88‑121: 9 m @ 13.5 g/t Au
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DDH‑88‑130 (Hill Zone): 30 m @ 3.0 g/t Au
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Exploration Target
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Conceptual target of 2–10 Mt containing 1.0‑5.0 g/t Au, based on geological understanding and historic drill data across >2 km strike and >700 m vertical elevation.
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2026 Drill Program (Two Phases)
- Large‑diameter NTW (>2") core drilling to systematically sample a known higher‑grade zone and test metallic screen gold assaying, which may increase reported grades by 10‑40%.
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Objectives: update GIS database, identify additional drill targets along the 7.5 km corridor, and improve geological model.
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Permitting & Financing
- Drilling permits for 2026‑2027 have been approved by the Province of British Columbia.
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Execution of the program is contingent upon closing a private placement announced concurrently with the property acquisition (details not disclosed).
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Technical Team
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Michael Magrum, Exploration Manager and Qualified Person (NI 43‑101), will oversee technical management of all drilling activities; brings >40 years of gold exploration experience.
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Expenditures to Date
- Over US$10 million spent on prior exploration drilling at Harrison Lake.
Notable Quotes
“We are extremely pleased to now recognize the significant gold potential for the expansion on the district‑scale Harrison Lake Gold Project… Trans Canada Gold is strategically positioned to further bring its historical gold resource to meet current CIM standards, potentially increasing its gold grade…” – Tim Coupland, President & CEO
The release contains no forward‑looking disclaimer or boilerplate beyond standard regulatory language.