Traction Uranium Corp. including its two flagship uranium projects in the world-renowned Athabasca Region, is pleased to report planning is underway for the Lazy Edward Bay maiden drill program by engaging Bryson drilling out of Archerwill, Saskatchewan. Bryson drilling will be scouting the route to mobilize the diamond drill rig to the property next week and hires local First Nations community members from the Athabasca [...]
Traction Uranium Corp. including its two flagship uranium projects in the world-renowned Athabasca Region, is pleased to report the completion of the diamond drilling program at Hearty Bay, located in the Saskatchewan Athabasca Region. Fourteen diamond drill holes have been completed for 1,304 metres of diamond drilling in the program as well as 77-line kilometers of ground electromagnetic geophysics. Highlights of the [...]
Traction Uranium Corp. is pleased to announce that it has collared the first drill hole of the 2022 winter drill program at the Hearty Bay Property in the Athabasca Basin region. The winter program also includes a ground geophysics program on the property as part of the winter program. The drill targets are based on marine seismic and airborne magnetic data. A 255km marine seismic survey was conducted by the company in [...]
Traction Uranium Corp. is pleased to announce the mobilisation of the first Drill rig and the commencement of the winter drill program at the Hearty Bay Property in the Athabasca Basin region. The winter program also includes a ground geophysics program on the property as part of the winter program. The 1,400 meter drilling program will mark the first drill testing of this property with the goal to discover the source of [...]
Traction Uranium is pleased to announce that its common shares have been posted for trading on the OTCQB Venture Market. The Company's common shares are quoted on the OTCQB under the symbol "TRCTF", the Frankfurt Stock Exchange under the symbol "Z1K" and on the Canadian Securities Exchange under the symbol "TRAC". "This is a key milestone for Traction investors as we begin to execute on our 2022 work program in the [...]
Traction Uranium announces the appointment of Lester Esteban as a Director and CEO of the Company. Mr. Esteban is an experienced mining executive with 15 years' experience in the mining, chemical and industrial markets. Mr. Esteban previously held roles with Univar Solutions, a leading chemicals distributor, and Draeger Safety Canada, one of the world's leading safety manufacturing companies. Mr. Esteban is currently [...]
Traction Uranium announces a 1,400 meter drilling program including a ground geophysics study to be conducted at the Company's Hearty Bay project in the Athabasca Basin. The Hearty Bay property surrounds the historic Isle Brochet radioactive boulder trains. Boulder prospecting by Fission 3.0 on Isle Brochet in 2019 led to the discovery of 45 radioactive boulders with assay values up to 8.23% U3O8 with over 24% of them [...]
Traction Uranium Corp. is pleased to announce the results of recently completed Phase 1 exploration program at its Whitewater Property located in the Slocan Mining Division, Kaslo. The work was completed on two claim blocks on the Property. The sample assays showed anomalous values of gold, silver, copper, lead and zinc. Highlights North Block Sampling Gold values were less than 0.01 gram per tonne to 38.4 g/t. Silver [...]
Traction Uranium Corp. is pleased to announce that it has closed its previously announced private placement through the issuance of 5,602,000 flow-through units of the Company at $0.50 per FT Unit, for aggregate gross proceeds of $2,801,000, and 11,299,035 units of the Company at $0.44 per NFT Unit, for aggregate gross proceeds of $4,971,575. Each FT Unit is composed of common share, issued on a flow-through basis [...]
Fission Uranium 3.0 is pleased to announce that, further to the news release dated November 1, 2021, it has entered into two option agreements with Traction Uranium Corp. respecting options to acquire up to a 70% interest in two properties located in Saskatchewan's Athabasca Basin region: the Hearty Bay Project, comprised of 6 mineral claims covering approximately 10,604 hectares ; and the Lazy Edward Project, comprised [...]
Traction Uranium Corp. is pleased to announce its intention to carry out a non-brokered private placement of (i) up to 4,000,000 flow-through units of the Company at $0.50 per FT Unit, for aggregate gross proceeds of up to $2,000,000, and (ii) up to 9,090,909 units of the Company at $0.44 per NFT Unit, for aggregate gross proceeds of up to $4,000,000. Each FT Unit will be composed of (1) common share, issued on a [...]
Traction Uranium Corp. is pleased to announce that it has completed its previously announced non-brokered private placement of 1,291,986 units of the Company at a purchase price of $0.27 per Unit for aggregate gross proceeds of $348,836. Each Unit consists of one (1) common share of the Company and one-half of one (1/2) transferable common share purchase warrant, with each Warrant exercisable into one Share at a price of [...]
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