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 [...]
Traction Uranium are pleased to announce demobilization and completion of 10 diamond drill holes totalling 3,005 metres at the Lazy Edward Bay property intersecting elevated levels of radiation downhole signaling favorable indicators of Uranium mineralization. Drilling encountered favorable structure, alteration and anomalous radioactivity in the vicinity of historic hole LE-73 on the West Horse conductor. The Company [...]
Traction Uranium is pleased to announce its membership to the Saskatchewan Mining Association, further integrating Traction Uranium into the Saskatchewan exploration and mining landscape and enabling Traction to be at the forefront of policy frameworks and regulatory changes affecting mining and exploration companies in Saskatchewan. The SMA is an industry-driven organization representing the mining and mineral [...]
Fission 3.0 Corp. and Traction Uranium Corp. are pleased to provide an update of the drilling at the Lazy Edward Bay project in the SE Athabasca Basin region which commenced on May 17, 2022. Drilling on the Horse West conductor has encountered anomalous radioactivity in drill hole LEB22-007 in proximity to an 11.7m-wide basement fault with intense clay and chlorite alteration ~10m further down hole. Drilling is currently [...]
Traction Uranium is pleased to announce effective June 1st, 2022 esteemed University of Saskatchewan Professor and research scientist Dr. Yuanming Pan to their Technical Advisory Committee. Dr. Yuanming Pan obtained his PhD degree from the University of Western Ontario in 1990 and has served on the faculty at the University of Saskatchewan since 1993. Pan’s research spans from mineralogy to economic geology, environmental [...]
Fission 3.0 Corp. and Traction Uranium Corp. are pleased to provide an update of the drilling at the Lazy Edward Bay project in the SE Athabasca Basin region which commenced on May 17, 2022. Drilling on the Horse West conductor has encountered anomalous radioactivity in drill hole LEB22-004 near the sandstone-basement unconformity at 164.6 m associated with a reverse fault. Hole LEB22-004 is the fourth hole to be [...]
Traction Uranium is pleased to announce effective June 1st, 2022 the appointments of Mr. Blair Way, current director of Traction Uranium Corp (see Press Release dated November 5th, 2021) to Chairman of the Board of Directors and the appointment of Tasheel Jeerh as Chief Financial Officer of the Company. Mr. Way is an experienced international executive with over 35 years experience in the resources and construction [...]
Traction Uranium is pleased to announce that the crew had mobilized the drill rig and has collared the first hole for the summer drill program at our Lazy Edward Bay property, located in Northern Saskatchewan’s Athabasca Basin. Fission 3.0 will conduct the work program in accordance with the terms of the Option Agreement between Traction and Fission 3, whereby Traction can acquire up to a 70% interest in the Lazy Edward [...]
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