You are on page 1of 4

TRANS CANADA GOLD CORP.

c/o Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8
Telephone: (604) 681-3131

NEWS RELEASE

January 19th, 2021 TSX-V Trading Symbol: TTG


______________________________________________________________________________________

TRANS CANADA GOLD CORP. PROVIDES CORPORATE UPDATE, ESTABLISHES NEW GOLD TECHNICAL
ADVISORY BOARD AND ACQUIRES THE TRANS CANADA DISTRICT SCALE GOLD PROJECT IN ONTARIO
____________________________________________________________________________________

VANCOUVER, B.C. – Trans Canada Gold Corp. (TSX-V: TTG) (“Trans Canada” or the “Company”) is
pleased to update shareholders on the Company’s latest activities and gold property acquisition in
Ontario. The Company is positioning itself to take advantage of a red-hot emerging gold exploration
market for calendar year 2021 and beyond.

Trans Canada’s newly appointed and reinforced management team has committed itself to
maintaining a strong balance sheet combined with a management team experienced in the financing,
marketing, and management of gold exploration programs for projects located in Ontario:

 Appointed a new director and Chief Financial Officer with experience in Canadian and United
States GAAP Financial matters, ready to position the Company for accelerated growth in the
gold exploration sector.

 Completed a name change to Trans Canada Gold Corp. effective January 12, 2021, with newly
assigned symbol TSXV-TTG, Cusip: #893129106, and is re-branding the newly named Company
and to position the Company with its newly acquired gold exploration assets for increased and
steady responsible growth for fiscal 2021.

 Trans Canada Gold Corp. has acquired a 100% interest in the Trans Canada District scale Gold
Project, formerly known as the Dinorwic Gold Project, situated near Dryden, Ontario. The
Property is comprised of 14,880 hectares located within the Kenora Mining Division in Ontario.
This property has excellent road access, with the Trans Canada Highway bisecting multiple high
priority targets in a north-south direction as well as close proximity to the community of
Dryden, Ontario. The Technical Advisory Board has identified a number of gold exploration
targets within the property based on their association with regional alteration, known gold
showings, shear zones, complex patterns and offsets in the regional magnetic map, as well as
spatial associations with regional structures that has the potential to be well endowed with
gold mineralization

 Completed a detailed NI-43-10 Geological Report on the Dinorwic Gold Property/Trans Canada
Gold Project authored by Derrick Strickland, P. Geo and Dr. Colin Bowdidge, Ph.D., P.Geo.
2

 Appointed a new Gold Technical Advisory team spearheaded by Michael Dehn and Tim Twomey
both formerly with Goldcorp, and Mr. Brian Game P.Geo, co-owner of Geominex Consultants
whose corporate offices are situated in Vancouver, BC, Canada. Their mandate is to help
identify and acquire and explore and develop district scale gold projects in Canada.

 Successfully completed a $682, 248 Non-Brokered Private Placement

 Appointed one of Canada’s leading progressive Digital Marketing groups and service providers
located in Toronto, Ontario to provide digital expertise, branding in the mineral exploration
sector, and who possess the skills to digitally brand the Company in today’s digital marketplace.
The increased exposure is expected to increase investor awareness of the newly named
Company, Trans Canada Gold Corp.

 Completed extensive due diligence on the Pickle Crow/ Gold Crow Gold Property situated near
Pickle Lake, Ontario. The Technical Advisory Board has reviewed the known gold showings,
exploration camp and numerous datasets associated with this large district scale gold property.

 Achieved increased share price appreciation and shareholder value, investor awareness during
an International Covid-19 pandemic, after years of stagnant growth in the central Alberta &
Saskatchewan Heavy Oil Industry.

 Trans Canada Gold Corp. is continuing to pursue additional gold projects and properties for new
Company while assembling a team of world class gold prospector’s and certified field associates
to assist in the search for high grade gold in Ontario.

Commented Tim Coupland, “We are extremely excited about embarking on our new strategy,
partnering up with some of the most experienced gold professionals in the mineral exploration
industry, who have worked tirelessly during the course of the pandemic to deliver on providing the
Company with a newly acquired mineral assets which will accelerate a proven exploration growth
model. We feel that once the pandemic subsides, after the winter months and the Canadian
Government starts rolling out its mass vaccination plan for all Canadians, we can aggressively pursue
our exploration drilling program that we hope will be successful intersecting high grade gold
mineralization on the Trans Canada Gold Project. The Trans Canada Gold property is highly
prospective, and more importantly contains many of the key elements that could lead the team to
finding gold in settings that are geologically similar to the Red Lake gold belt. We believe that having
the presence of historical gold producers to the north of our property and the geological similarities to
the Red Lake Gold Camp, point to the potential for gold mineralization at the Trans Canada Gold
property, similar to that of the Red Lake mining camp and district”.

The Company has been reviewing a number of highly prospective potential gold exploration project
opportunities in several mining friendly and safe jurisdictions within Canada. Acquisitions will be
announced, once preliminary due diligence, and dataset review has been performed and a property
has been approved for acquisition by our Technical Teams. “
3

TRANS CANADA GOLD PROJECT– THE DINORWIC GOLD PROPERTY

The Trans-Canada Gold Property consists of 741 non-surveyed contiguous mineral cell claims totaling
14,880 hectares located within the Kenora Mining Division of Ontario. The property is located within
the Wabigoon Greenstone Belt, which also contains the Thunder Lake Gold deposit and the Goldlund
Gold Deposit. The Property contains a number of large shear zones containing quartz carbonate veins,
pyrite and arsenopyrite, underlain by mafic volcanics with felsic volcanics in the south. There is a large
regional scale iron carbonate alteration within the property, which is considered to be similar to that of
the Red Lake Mining Camp. The regional scale Carbonate alteration within the property associated
with shear zones within iron-tholeiite are prime targets for gold exploration. The property has
excellent access, with the Trans-Canada highway bisecting multiple high priority targets in a north-
south direction, as well as close proximity to the large community of Dryden, Ontario. The property
has access to first class infrastructure, with close proximity to a number of rail corridors and power
lines. A number of gold exploration targets have been identified within the property based on their
association with regional alteration, known gold showings, shear zones, complex patterns and offsets
in the regional magnetic map as well as spatial association with regional structures that has the
potential to be well endowed with gold mineralization.

Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43-101, has
reviewed and approved of the technical information disclosed in the news release.

ABOUT TRANS CANADA GOLD CORP. – GOLD MINERAL EXPLORATION/ OIL AND GAS PRODUCTION

The Company is a Canadian Gold and Mineral Exploration and Oil & Gas Resource Development
Company that is currently focused on developing its’ District Scale Gold exploration project in Ontario,
increasing its production capabilities, and obtaining potential future oil production revenues. The
Company identifies, acquires and finances the acquisition of gold exploration properties and the
ongoing development of mining and oil and gas assets primarily situated in Canada, a time-honored
safe mineral exploration jurisdiction. The Company is currently reviewing a number of District Scale
gold mineral exploration property opportunities, and identifying low risk exploration opportunities
through selective acquisitions and development of mining exploration assets situated in these favorable
resource jurisdictions. The Company has qualified Senior exploration management and Geological
Mining teams of professionals, seasoned in exploration production, field exploration and drilling. 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 and development of mining, and petroleum and natural gas
resource assets.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO


4

Arctic Hunter Energy Inc.


Tel: (604) 681-3131
astar@telus.com

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.

You might also like