Traction Uranium Corp. is pleased to provide the following diamond drill hole updates on the diamond drill program at the Company's Key Lake South Property in northern Saskatchewan's Athabasca Basin. DDH Highlights: DDH KLS23-001: intersected intensive alteration, bleaching, and hematization in basement rocks DDH KLS23-002: natural gamma radiation with 1016 cps was detected at the drill collar using a handheld Radiation [...]
Traction Uranium Corp. is pleased to announce it has intersected a 6 metre zone of significant radioactivity encountered at shallow and near surface depth, starting from 1.6 metres to 7.6 metres within the overburden, followed by a 52 metre zone, starting from 31 metres to 83 metres of "elevated radioactivity" in basement rocks from diamond drill hole #KLS23-007 in downhole probing at the Company's Key Lake South Property [...]
Traction Uranium Corp. is pleased to announce that preliminary discussions on uranium exploration and uranium potential in the Philippines were held between the Company and representatives of Government of the Philippines. Participants from the Government of the Philippines included the Philippine Consul General to Calgary Zaldy B. Patron, Trade Commissioner May Nina Celynne Layug, and Director of the Philippine Nuclear [...]
Traction Uranium Corp. , along with UGreenco Energy Corp., is pleased to announce that it has finished drilling the first hole in the Phase 1 Diamond Drill Program at their Key Lake South Project in northern Saskatchewan's Athabasca Basin, and is currently mobilizing the drill rig to the second diamond drill hole targeting the "radioactive swamp" discovered by the Company in a Fall 2022 exploration program . Figure 1 [...]
Traction Uranium Corp. is pleased to announce that, along with UGreenco Energy Corp., completion of the temporary work camp and arrival of both the geological team and the drill crew to the Key Lake South Project. The winter 2023 KLS diamond drill program will follow up on the "radioactive black soil" that had assayed high grade uranium mineralization found near the surface in the till/overburden and a "radioactive swamp [...]
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 [...]
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