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Traction Uranium Corp C.TRAC

Alternate Symbol(s):  TRCTF

Traction Uranium Corp. is engaged in the business of mineral exploration and the development of discovery prospects in Canada, including its two uranium projects in the Athabasca Region. Its projects include Hearty Bay and Greasy River. The Hearty Bay Project is located in the northwest side of the Athabasca Basin in the Beaverlodge /Uranium City district, and it hosts a U3O8 boulder-field where glaciation has transported high-grade uranium from a nearby source. The Grease River Property is located in Athabasca Basin, Northern Saskatchewan, Canada.


CSE:TRAC - Post by User

Post by Betteryear2on Feb 14, 2023 1:16pm
390 Views
Post# 35285590

Key Lake South Property Receives Drill Permits CSE: TRAC

Key Lake South Property Receives Drill Permits CSE: TRAC

CALGARY, Alberta, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that, along with UGreenco Energy Corp., it has received (i) diamond drilling, (ii) borehole surveys, (iii) trail development and (iv) temporary work camp permits from the Saskatchewan Ministry of Environment (collectively, the “Permits”) for the Company’s upcoming winter 2023, 2,000 metre diamond drill program at the Key Lake South Property (“KLS Property”), such Permits are valid to July 31, 2024.

Lester Esteban, Chief Executive Officer of the Company, stated: “after our team encountered high-grade uranium mineralization (see news release dated November 14, 2022) in the “black soil” and discovered a new radioactive anomaly the “radioactive swamp”, we have been busy preparing to return to the KLS Property with the drill. Receipt of the drill permits from the Saskatchewan Ministry of Environment brings us one step closer to being fully permitted for our 2023 winter drill program at the KLS Property.”

Traction Uranium Key Lake South Property Receives Drill (globenewswire.com)

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