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Trans Canada Gold Strikes Oil, Expands Alberta Holdings

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Trans Canada Gold Strikes Oil, Expands Alberta Holdings

Trans Canada Gold (TSE:TTG) has released an update.

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Trans Canada Gold Corp. has announced the successful completion of a new multilateral horizontal heavy oil well near Lloydminster, Alberta, which has encountered oil in all targeted zones. The company is preparing to commence full oil production and will disclose production rates upon completion and equipment setup. Additionally, Trans Canada has expanded its land holdings in the region, enhancing its potential for future oil exploration and drilling activities.

For further insights into TSE:TTG stock, check out TipRanks’ Stock Analysis page.

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