Traction Uranium Corp. is pleased to announce that it will undertake a study of the Monazite hosted Rare Earth Elements at Key Lake South through a "Monazite Beneficiation Study" to be conducted by the Saskatchewan Research Council . The main purpose of the testing to be conducted by SRC is to determine the most efficient beneficiation route for the concentration of the monazite ore. SRC's services are being supported in [...]
Traction Uranium Corp. and Fission 3.0 Corp. are pleased to announce mobilization of their field crew to Hearty Bay to conduct a 15 day field program to ready the property for additional drilling in 2023 with the goal of vectoring in on the source of the historic high grade uranium boulder field found on Isle Brochet. Lester Esteban, Chief Executive Officer, stated, "Next year will be our biggest drill program to date [...]
Traction Uranium Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a best efforts, private placement for gross proceeds of up to C$3,000,000 from the sale of any combination of flow-through units of the Company at a price of C$0.40 per FT Unit and FT Units to be sold to charitable purchasers at a price of C$0.51 per [...]
Traction Uranium Corp. and Ugreenco Energy Corp. have completed Phase 1 of the 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 team encountering two new, previously unknown radioactive anomalies at KLS. Phase 1 involved boulder prospecting, mapping and sampling conducted by Traction Uranium's research [...]
Traction Uranium Corp. is pleased to provide the following program updates on exploration programs currently underway at both Key Lake South and Hearty Bay. Lester Esteban, Chief Executive Officer, stated, "I am truly impressed by the hard work and determination our teams put in day in and day out in developing and rolling out field programs for both Hearty Bay and our newest project KLS. Next year, Traction will be [...]
Traction Uranium Corp. and UGreenco Energy Corp. are pleased to announce commencement of their Phase 1 Field Geological Program with mobilization of their field geological team to their Key Lake South Property in Canada's world renowned Athabasca Basin, whereby Traction can acquire up to a 75% interest in the Key Lake South Property which is located approximately 6 kilometers to the southwest of Cameco's Key Lake Uranium [...]
Traction Uranium Corp. a mineral exploration issuer focusing on the development of discovery prospects in Canada, including its three flagship uranium projects in the world-renowned Athabasca Region is pleased to provide the following update from Traction's research team examining radiation-induced defects in quartz from Hearty Bay drill cores. Traction's research geologists together with F3's exploration team collected a [...]
Traction Uranium Corp. is pleased to announce esteemed uranium exploration geologist and 2007 Outstanding Achievement Award recipient from the Association of Professional Engineers and Geoscientists of Saskatchewan Boen Tan P.Geo to their Technical Advisory Committee. With almost 50 years of uranium exploration experience, he was instrumental in the 1975 discovery of the Key Lake uranium deposit and the development of Key [...]
Traction Uranium Corp. is pleased to announce that it has entered into a property option agreement with UGreenco Energy Corp. dated August 15th, 2022, pursuant to which the Company has been granted the right to acquire up to a 75% interest in and to the Key Lake South Property, which consists of a series of mineral disposition parcels located in Athabasca Basin, Northern Saskatchewan, Canada . The Key Lake South Uranium [...]
Traction Uranium is pleased to welcome Ayetullah Tunc and Reza Deevsalar to Traction’s research team under the guidance of Dr. Yuanming Pan and commencement of the summer follow up program utilizing Dr. Yuanming Pan’s innovative uranium vectoring technique he pioneered. Ayetullah Tunc is an M.Sc. student under the supervision of Dr. Yuanming Pan in Geological Sciences at the University of Saskatchewan. He is a dedicated [...]
Traction Uranium is pleased to execute a Master Service Agreement with the Saskatchewan Research Council (SRC) in exploring ISR uranium extraction projects to utilize their core flooding machine post discovery. SRC is Canada’s second largest research and technology organization. With 350 employees, $137 million in annual revenue and 75 years of experience, SRC provides services and products to its 1,500 clients in 27 [...]
Traction Uranium is pleased to announce execution of a master service agreement with the University of Saskatchewan to add to the Companies exploration programs at both Hearty Bay and Lazy Edward Bay. Lester Esteban, Chief Executive Officer, stated “The Saskatchewan expertise in mining and uranium is what makes this province one of the best rated jurisdictions for mining and exploration. The innovation coming out of the [...]