Trans Canada Gold (TSE:TTG) has released an update.
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Trans Canada Gold Corp. has initiated drilling on its second multilateral well in Lloydminster, Alberta, with a 18.75% stake in the project led by Croverro Energy. The well, featuring 11 lateral legs in the GP oil sand formation, is part of the company’s strategy to de-risk exploration and expand production. Additionally, the acquisition of more land within the Area of Mutual Interest provides further opportunities for oil resource potential in both the Sparky and GP zones.
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