Traction Uranium Corp. announces that it intends to complete a non-brokered private placement financing of up to 6,818,181 units of the Company at a price of $0.22 per Unit for aggregate gross proceeds of up to $1,500,000. Each Unit shall consist of one common share in the capital of the Company and one Share purchase warrant , whereby each Warrant shall entitle the holder thereof to purchase an additional Share at an [...]
Traction Uranium Corp. is pleased to announce, further to its press release dated May 17, 2023, that Aurora Geosciences Ltd. has completed a Technical Report in respect of the Key Lake South Property pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects . Drilling The 2023 program was comprised solely of an 1,838 m diamond drilling program in 12 holes, covering numerous widely spaced targets [...]
Traction Uranium Corp. is pleased to announce, further to its news release on June 9, 2023, that it has extended its engagement of MIC Market Information & Content Publishing GmbH for marketing services for an additional 60 days, commencing July 25, 2023. As previously disclosed, MIC has and shall continue to, as appropriate, provide project management and consulting for an online marketing campaign, coordinating [...]
Traction Uranium Corp. is pleased to announce that the Hearty Bay fall 2022 and winter 2023 till sampling and prospecting programs resulted in the discovery of two linear dispersal patterns of uranium in subglacial till on Isle Brochet, and six new radioactive boulders which assayed up to 4.23% U3O8 . The program aimed to determine the source area for previously identified Isle Brochet uraniferous boulders that are [...]
Traction Uranium Corp. and Forum Energy Metals Corp. are pleased to announce they have completed an airborne magnetic, electromagnetic and radiometric survey on Forum's 100%-owned Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. A total of 1,353 line-km were surveyed at a 100 metre line spacing using a New Resolution Geophysics specially designed Xcite™ Time Domain [...]
Traction Uranium Corp. is pleased to announce the final analytical results of the winter 2023 diamond drilling program at the Company's Key Lake South Property . The KLS property is located in northern Saskatchewan, approximately 6 kilometres southwest of Cameco's Key Lake Uranium Mill and along the south flank of the Athabasca Basin. Traction has entered into an option agreement to earn an initial 51% interest in the [...]
Traction Uranium Corp. is pleased to announce that it has engaged Aurora Geosciences Ltd. to complete a Technical Report in accordance with National Instrument 43-101on the Key Lake South Property . Aurora Geosciences was built on the premise of high quality mineral exploration, enabling discovery. Founded in 2000 as a merger of existing high-quality exploration firms, the company is focused on delivering excellence in [...]
Traction Uranium Corp. ? is pleased to announce that it has closed the second and final tranche of a non-brokered private placement offering of units and flow-through units of the Company . The Offering, initially announced on April 12, 2023, comprised both units of the Company and flow-through units of the Company .? On April 20, 2023, the Company announced it had closed the first tranche of the Offering issuing [...]
Traction Uranium Corp. and Forum Energy Metals Corp. are pleased to announce they have commenced an airborne magnetic, electromagnetic and radiometric survey on Forum's 100%-owned Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. The helicopter-borne survey will be conducted using a New Resolution Geophysics specially designed Xcite™ Time Domain Electromagnetic System. The 1,290 [...]
Traction Uranium Corp. is pleased to provide the following final update on the Hearty Bay research program completed by the Company's research team on the Hearty Bay core samples derived from the winter 2022 diamond drill program . The main purpose of the Research Program is to assist the Company in determining whether there was uranium-bearing fluids within a target area and to help Traction's team define and trace the [...]
Traction Uranium Corp. , a mineral exploration issuer focusing on the development of discovery prospects in Canada, including its three uranium projects in the world-renowned Athabasca Region, is pleased to announce that Ken Wheatley P.Geo., M.Sc. has been appointed as Chair of the Company's Technical Committee. Mr. Wheatley is a Professional Geoscientist with the Association of Professional Engineers and Geoscientists in [...]
Traction Uranium Corp. is pleased to announce that it has completed its diamond drill program at the Company's Key Lake South Property in northern Saskatchewan's Athabasca Basin, and has completed demobilization of the drill crew, the Aurora Geological team, and the takedown/demobilization of the temporary work camp. The first phase diamond drill program comprised 12 diamond drill holes for a total of 1,838 metres . Core [...]
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