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Traction Uranium Corp C.TRAC

Alternate Symbol(s):  TRCTF

Traction Uranium Corp. is a Canada-based mineral exploration and the development of uranium discovery prospects in Canada, including its three uranium projects in the Athabasca Region. Its projects include Hearty Bay, Key Lake South and Greasy River. The Key Lake South Property is located approximately six kilometers to the southwest of the Key Lake uranium mill and in close vicinity to modern uranium mining facilities and all-weather highway transportation in northern Saskatchewan. The Key Lake property is located along the south-east margin of the Athabasca Basin within the Hearne province of the Canadian Shield. In the Key Lake area, Hearne province basement rocks include the Wollaston domain, comprised of the lower and upper Wollaston groups. The Hearty Bay property in Saskatchewan. The Grease River Property located in Athabasca Basin, Northern Saskatchewan, Canada.


CSE:TRAC - Post by User

Post by Betteryear2on Feb 14, 2023 1:16pm
342 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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