Traction Uranium Corp. is pleased to announce that, along with UGreenco Energy Corp., it has engaged JP Enterprises Inc. Full Force Diamond Drilling Ltd. Aurora Geosciences Ltd. for the company's upcoming winter 2023, 2,000 metre diamond drill program at the Key Lake South Property , such contractors to plan for mobilization for the first week of March, 2023. JP Enterprises has been providing camps and support for [...]
Traction Uranium Corp. and Forum Energy Metals Corp. are pleased to announce they have engaged Axiom Exploration Group Ltd. to conduct airborne magnetic, electromagnetic and radiometric surveys on the Grease River Project . Axiom's team of diverse geoscientists employs experience gained across 15 countries and 6 continents providing geological services. Axiom's geoscientists are equipped with the latest industry knowledge [...]
Traction Uranium Corp. is pleased to announce that, along with UGreenco Energy Corp., it has received diamond drilling, borehole surveys, trail development and temporary work camp permits from the Saskatchewan Ministry of Environment for the Company's upcoming winter 2023, 2,000 metre diamond drill program at the Key Lake South Property , such Permits are valid to July 31, 2024. Lester Esteban, Chief Executive Officer of [...]
Traction Uranium Corp. is pleased to announce that it has entered into a property option agreement with Forum Energy Metals Corp. dated February 3, 2023 , pursuant to which the Company has the right, at its option, to acquire up to a 100% interest in the Grease River Property located in Athabasca Basin, Northern Saskatchewan, Canada , in exchange for a series of cash payments, share issuances and funding of exploration [...]
Traction Uranium Corp. is pleased to provide the following progress update on the Hearty Bay research program currently being conducted by the Company's research team on the Hearty Bay core samples collected from 14 diamond drill holes punched in the winter 2022 diamond drill program . The main purpose of the Research Program is to assist the Company in determining whether there are uranium-bearing fluids within a target [...]
Traction Uranium Corp. has received a request from OTC Markets Group Inc. to issue a statement about recent promotional activity concerning the Company and its common shares , including the distribution of promotional newsletter emails published by Future Money Trends, LLC, Lion Capital Investment Limited, MIC Market Information & Content Publishing GmbH and Tamarack Advisors, and their respective affiliates discussing [...]
Traction Uranium Corp. is pleased to announce that it will be shifting its focus from the previously announced "Monazite Beneficiation Study" on the Monazite hosted Rare Earth Elements at Key Lake South Project to the high grade uranium discovered by the Company's team during the Fall 2022 field program . The study is to be conducted by the Saskatchewan Research Council . The main purpose of the Study to be conducted by [...]
Traction Uranium Corp. , a mineral exploration company focusing on the development of discovery prospects in Canada including its two flagship uranium projects in the world-renowned Athabasca Region, is pleased to announce receipt of access and permission from the Saskatchewan Ministry of Highways allowing the Company to utilize a lease located near the Key Lake South Project to use as a temporary drilling camp beginning [...]
Traction Uranium Corp. ? is pleased to announce that it has closed the second tranche of a non-brokered private placement for aggregate gross proceeds of C$299,999.70. The Company issued 857,142 flow-through units at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one common share and one-half common share purchase warrant, with each whole warrant exercisable into one common share of the [...]
Traction Uranium Corp. ? is pleased to announce that it has closed the first tranche of a non-brokered private placement for aggregate gross proceeds of approximately C$2,513,105.00. The Company issued 7,180,300 flow-through units at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one common share and one half common share purchase warrant . Each whole FT Warrant is exercisable into one common [...]
Traction Uranium Corp. and Ugreenco Energy Corp. have received assay results from the SRC Geoanalytical Laboratories for till samples from the recently completed Phase 1 ground program at their Key Lake South property and are pleased to announce samples derived from the radioactive "Black Soil" contained high grade uranium mineralization along with high levels of cobalt, nickel and other pathfinder elements in the near [...]
Traction Uranium Corp. and Ugreenco Energy Corp. have completed Phase 2 of their fall kick-off ground program at their Key Lake South uranium project in Canada's Northern Saskatchewan world renowned Athabasca Basin and is pleased to announce the Ground Gravity Survey identified broad gravity lows which coincide with the distribution of surface uranium anomalies from the initial Phase 1 Program and with historical [...]