Trans Canada Gold Continues Steady Underground Drilling at the Harrison Lake District Scale Gold Project
Rhea-AI Summary
Trans Canada Gold (OTCQB:TTGXF) reported that underground drilling is continuing at the Harrison Lake Gold Project’s Bear Mountain area, with Paradigm Drilling engaged as contractor and work supervised by project manager and qualified person Carl von Einsiedel. The fully permitted project is in an advanced exploration setting, and 2026 drilling is designed to expand known gold zones, test continuity and orientation, and evaluate untested mineralized and altered zones. According to Trans Canada Gold, the project shows geological similarities to the Snowline Gold deposit in the Yukon.
The company’s 2026 plan includes a Phase 1 program of 3–6 holes targeting the highest-grade zone around historical intercept DDH‑84‑52 (102 m grading 3.54 g/t gold), and a Phase 2 program of eight holes following up on high‑grade intercepts DDH 88‑76 (7.0 m at 21.4 g/t) and DDH 88‑121 (9.0 m at 13.5 g/t). Trans Canada Gold discloses a non‑compliant historical estimate of 220,000 ounces of gold at Harrison Lake, which does not meet NI 43‑101 standards and should not be relied on as a current mineral resource or reserve. The company has also outlined a conceptual exploration target of 2–10 million tonnes grading 1.0–5.0 g/t gold over more than 2 km of strike and 700 m of vertical extent, while cautioning that insufficient exploration has been completed to define a mineral resource and that further work may not delineate such a resource.
Positive
- Harrison Lake underground drilling fully permitted for 2026 programs
- Phase 1 targets DDH‑84‑52 intercept of 102 m at 3.54 g/t Au
- Phase 2 follows up DDH‑88‑76 (7.0 m at 21.4 g/t) and DDH‑88‑121 (9.0 m at 13.5 g/t)
- Conceptual exploration target of 2–10 million tonnes at 1.0–5.0 g/t gold
- Non-compliant historical gold estimate of 220,000 oz at Harrison Lake for context
Negative
- Historical 220,000 oz gold estimate is non‑compliant and should not be relied upon
- Exploration target is conceptual; insufficient drilling to define a mineral resource
- Company notes uncertainty whether further exploration will delineate a mineral resource
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, BC / ACCESS Newswire / July 28, 2026 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company") is pleased to announce that the Company is steadily drilling on Bear Mountain at the Harrison Lake Gold Project. Paradigm Drilling Ltd of Kamloops, B.C., has been selected drill contractor for underground drilling at the Harrison Lake Gold Project. All underground work will be under the supervision of Carl von Einsiedel, P. Geo, Project Manager.
The 2026 follow-up drilling will be based on the Project's previous successful historical drill programs targeting gold, focusing on expanding previously discovered gold zones, determining continuity and orientation, locating higher grade extensions of mineralization, and preliminary testing of the remaining, untested mineralized and altered zones within the project areas. The Harrison Lake Gold Project is demonstrating the same geological characteristics as the Snowline Gold deposit situated in the Tintina Gold Belt in the Yukon.
PROJECT FULLY PERMITTED FOR UNDERGROUND DRILLING/2026 EXPLORATION AND GOLD DRILLING STRATEGY
Harrison Lake Gold Project is located in an advanced exploration and development setting, and is fully permitted for drilling and targeting identified known gold zones, and increasing its gold resource. Detailed drill planning and targeting is currently underway on the Harrison Lake Gold Project. The Company is well positioned to capture and to capitalize on the forecasted stable and ascending gold prices.
Phase 1-Drilling - 3-6-hole program targeting the highest-grade gold zone around intercept DDH-84-52: 102 meters grading 3.54 g/t gold.
Phase 2 Drilling - 8-Hole drilling program targeting multiple high-grade gold zones. DDH 88-76 which intersected 7.0 meters averaging 21.4 g/t and DDH 88-121 which intersected 9.0 meters averaging 13.5 g/t, are priority follow-ups.
The Company currently has a non-compliant historical gold resource of 220,000 ounces of gold at the Harrison Lake Gold Project. These historic estimates are disclosed solely for context. The historic estimates do not conform to current NI 43- 101 standards, are not classified as current mineral resources or mineral reserves, and should not be relied upon. A qualified person has not done sufficient work to classify the historic estimates as current mineral resources or mineral reserves.
Gold Targets Identified for Drilling and Further Exploration
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 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;
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 is an 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., which 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
astar@telus.net
www.transcanadagold.com
Mario Drolet
President
MI3 Communications Financieres Inc., Montreal Quebec
Tel: (514) 904-1333
Cell: (514) 340-3813
E-Mail: Mario@mI3.ca
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