March 15, 2023
Traction Uranium Corp. (CSE:TRAC, Not Rated, David A. Talbot) has completed drilling the first drill hole (KLS23-001) as part of the Phase 1 diamond drill program (10 high-priority targets, ~2,000m) at the Key Lake South (KLS) project in the Athabasca Basin. Traction is currently mobilizing the drill rig for the second diamond drill hole (KLS23-002) targeting the “radioactive swamp” discovered by the company in Fall 2022. Traction was previously unable to get above the swamp to test the radioactive anomaly, however, it is now able to test for uranium mineralization potential beneath the anomaly. Most of the targets are situated at the edge of the broad gravity lows, first identified in the ground gravity survey conducted during the last year. The company continues to work on a quartz degradation research program at the Hearty Bay project and is also expanding its portfolio with a recent option to acquire up to a 100%-interest in the Grease River uranium project, where it is now conducting geophysical surveys (read here and here). Read more
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Traction Uranium Corp. – CSE:TRAC
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