Trans Canada Gold (TSE:TTG) has released an update.
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Trans Canada Gold Corp. is advancing its oil extraction capabilities by starting surface preparations and casing settings for its second multilateral horizontal heavy oil well near Lloydminster, Alberta. With the Alberta Energy Regulator’s drilling permit granted, they expect to commence drilling shortly, in a partnership where Trans Canada holds an 18.75% interest and is fully funded for the anticipated $2.2 million drilling costs.
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