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Trans Canada Gold Announces Expanded Gold Potential While the Company Prepares for Exploration and Drilling on its Harrison Lake Gold Project
Trans Canada Gold Announces Expanded Gold Potential While the Company Prepares for Exploration and Drilling on its Harrison Lake Gold Project
VANCOUVER, BC / ACCESS Newswire / March 17, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company"), is pleased to provide a corporate update on the Harrison Lake Gold Project as it prepares for its upcoming 2026 drilling plans on the Gold Project. The project is demonstrating the same geological characteristics as the Snowline Gold deposit situated in the Tintina Gold Belt in the Yukon.
The Company has identified Targets for further Exploration:
2 to 10 million tonnes of gold mineralized material
Grading between 1.0 to 5.0 grams per tonne (g/t) gold
This Target for further Exploration target is based on the current geological understating and historical drilling and identified mineralization, over several widely spaced intrusions over more than 2 kilometers of strike-length and over a combined vertical elevation range of more than 700 meters.
The potential quantity and grade of this gold Target for Further Exploration is conceptual in nature, and there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource;
HARRISON LAKE DISTRICT SCALE GOLD PROJECT - GEOLOGICAL HIGHLIGHTS - GOLD INTERCEPTS
Harrison Lake district Scale Gold Project is located in an advanced gold exploration and development setting, which is fully permitted for targeting identified and known gold zones, in the expectation of increasing its gold resource. Detailed drill planning is currently underway on the Harrison Lake Gold Project located on Bear Mountain. The Company is now well positioned to capture and to capitalize on the forecasted ascending gold prices.
The property covers a 7-kilometre strike length of the gold rich Harrison Lake Structural Zone, with stockwork type gold mineralization within diorite intrusions (Jenner and Portal Zones) including DDH-84-52: 102 meters of 3.54 g/t gold.
Jenner and Portal Zones include DDH 88-76 which intersected 7.0 meters averaging 21.4 g/tand DDH 88-121 which intersected 9.0 meters averaging 13.5 g/t.
A corridor of similar diorite intrusions and "gold in soil" anomalies that extends for more than two kilometers to the south of the original gold discovery. Follow up drilling of some of these soil anomalies identified more diorite hosted stockwork type mineralization including DDH 88-130 which tested the Hill Zone and reportedly returned 30 meters averaging 3.0 g/t.
The style of mineralization is similar to the gold deposit model of the Tintina Gold Belt that straddles the Yukon - Alaska border and it has also been recognized that the mineralized diorite intrusions are localized along a regionally extensive shear zone adjacent to a large diorite batholith. Snowline Gold's recent discovery of the Valley deposit clearly demonstrates the potential of these types of occurrences.
Tim Coupland, President and Chief Executive Officer, commented: "We are extremely pleased to now recognize the significant gold potential for the expansion on the district scale Harrison Lake Gold Project. This project has a high-quality GIS database of exploration and drilling data available to our staff of seasoned mining professionals ready to deliver drilling results. Trans Canada Gold is strategically positioned to further bring it's historical gold resource to meet the current CIM standards, and potentially increasing its gold grade to bring these results to its existing shareholders and new investors. The Company will embark on a program to accelerate investor awareness and branding of our unique gold investment opportunity, in this precious metal super-cycle"
2026 EXPLORATION OBJECTIVES
The proposed 2026 drill program is comprised of 2-Phases of diamond drilling using large diameter NTW (2"+)drilling core.
Conduct systematic drilling along a fence in a known higher grade gold zone to demonstrate the use of metallic screen gold assaying to potentially establish higher gold grades. Recent work has demonstrated that historic gold assays may be understated by as much as 10- 40% on the project.
Update the existing geological database to modern GIS standards
Identify additional gold drill targets over the 7.5 Kilometer trend in the Harrison Lake Corridor of Gold
HARRISON LAKE GOLD DISTRICT SCALE GOLD PROJECT- GOLD AND EXPLORATION HIGHLIGHTS
The Harrison Lake Gold Project contains a 7-kilometre-long ridge with diorite/ quartz bearing extensive intrusive related gold mineralization, situated near Harrison Lake, British Columbia. Historical drilling results confirm the presence of significant gold mineralization.
The Harrison Lake Mineral claims (5,025 ha or 7475 acre) are fully road accessible from the TransCanada Highway and Highway 7 in southwestern British Columbia, with numerous secondary logging roads and related power and rail service.
A total of 2,920 meters of inclined diamond drilling in 21 surface holes and 2,754 meters of vertical and inclined diamond drilling in 23 underground holes.
Drilling on the Portal Zone was based on 6,978 meters of drilling in 50 drill holes. This drilling was completed during drill campaigns in the period 1983 to 1988.
The property covers a 7-kilometre strike length of the gold rich Harrison Lake Structural Zone, with stockwork type gold mineralization within diorite intrusions (Jenner and Portal Zones) including DDH-84-52: 102 meters of 3.54 g/t gold.
Jenner and Portal Zones include DDH 88-76 which intersected 7.0 meters averaging 21.4 g/tand DDH 88-121 which intersected 9.0 meters averaging 13.5 g/t.
A corridor of similar diorite intrusions and "gold in soil" anomalies that extends for more than two kilometers to the south of the original discovery. Follow up drilling of some of these anomalies identified more diorite hosted stockwork type mineralization including DDH 88-130 which tested the Hill Zone and reportedly returned 30 meters averaging 3.0 g/t.
The style of mineralization is similar to the gold deposits of the Tintina Gold Belt that straddles the Yukon - Alaska border and it has also been recognized that the mineralized diorite intrusions are localized along a regionally extensive shear zone adjacent to a large diorite batholith. Snowline Gold's recent discovery of the Valley deposit clearly demonstrates the potential of these types of occurrences.
Over $10.0 Million dollars in previous exploration drilling expenditures.
The Company has assembled a strong Technical Team in place experienced in underground exploration drilling for gold.
Drilling Permits have been approved and granted by the Province of British Columbia for 2026-2027.
Michael Magrum, is the Exploration Manager, is an independent contractor, and key technical advisor (as a Qualified Person under National Instrument NI #43-101). Mr. Magrum will be responsible for overseeing the technical management of all Trans Canada Gold's mineral properties, and will be carrying out all requisite oversight for all new gold exploration drilling. Mr. Magrum is a seasoned geological engineer, who is recognized as professional. He prefers aggressive targeted drilling programs that have the potential to deliver multi-million-ounce gold deposits. Mr. Magrum has over 40 years of gold exploration and drilling experience, and has worked extensively in gold and mineral exploration and mining since 1971, starting his career in the Yellowknife Gold Mining Camp.
The Company's option agreement respecting the Harrison Lake Gold Project is currently being reviewed by and is subject to TSX Venture acceptance of the TSX Exchange and completing the proposed drill programs will be dependent on a successful completion of the private placement announced concurrently with the property acquisition.
Michael Magrum, Exploration Manager for the Company and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information used in this news release. The qualified person has not verified the mineralization hosted on adjacent and/or nearby and/or geologically similar properties and is not necessarily indicative of mineralization hosted on the company's properties.
ABOUT TRANS CANADA GOLD CORP. - GOLD & MINERAL EXPLORATION/OIL AND GAS PRODUCTION/REVENUE PRODUCING OIL WELLS
The Company is a Canadian discovery focused Gold Exploration company focused on acquiring and drilling advanced gold, silver and critical base metal mineral assets situated in Canada. The Company identifies, acquires and finances with its working interest partners, and Oil & Gas Resource Development Exploration Company that is currently focused on developing and drilling its' production of conventional heavy oil exploration properties, increasing production capabilities, and increasing future oil production revenues through responsible exploration. The Company identifies, acquires and finances with its working interest partners, the ongoing development of oil and gas assets, primarily situated in Alberta Canada. The Company has qualified Senior exploration mining management and oil & gas Geological teams of professionals, seasoned in exploration production, field exploration and drilling. The Company currently works with Croverro Energy Ltd., who has demonstrated proficiency, expected of an experienced oil and gas technical team that has proven oil production, and revenue success with large multi-lateral wells currently under their supervision. The Company has the necessary manpower in place to develop its natural resource properties and manage its production properties. The Company is committed to minimizing risk through selective property acquisitions, and responsible exploration drilling, and maximizing long term gold and strategic mineral and petroleum and natural gas resource assets.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
[email protected]
www.transcanadagold.com
Mario Drolet
President
MI3 Communications Financieres Inc., Montreal Quebec
Tel: (514) 904-1333
Cell: 514) 340-3813
E-Mail: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Trans Canada Gold Corp.
View the original press release on ACCESS Newswire
S.Morin--SMC
