Tillkännagivande • May 23
Traction Uranium Corp Announces Field Reconnaissance Program At Aurora Uranium Project Traction Uranium Corp. announced that it is planning a helicopter-supported field reconnaissance program at the Aurora Uranium Project, located in Saskatchewan’s Athabasca Basin region. Traction holds an option to acquire an 80% interest in Aurora from Cosa Resources Corp., the underlying owner and operator of the Project, subject to satisfying certain earn-in requirements. The Project covers approximately 17 kilometres of prospective strike along the southeastern margin of the Athabasca Basin. The planned field reconnaissance is expected to include a helicopter-supported review of the Project area, including visual inspection of priority target areas, assessment of access and logistical considerations, review of potential staging and landing areas, and evaluation of local terrain conditions that may influence future exploration work. The reconnaissance program is intended to support the upcoming airborne radiometric and magnetic survey previously announced by Traction, including the review of access, terrain, and logistical conditions across the Aurora Project. Information collected during the reconnaissance program is expected to assist with survey planning and field coordination, including the assessment of potential staging areas, helicopter access considerations, and priority areas for efficient survey execution. Tillkännagivande • May 11
Traction Uranium Corp Announces Survey Specifications For High-Resolution Airborne Radiometric And Magnetic Survey At The Aurora Uranium Project Traction Uranium Corp. announced further details regarding the planned airborne radiometric survey at the Aurora Uranium Project, located in Saskatchewan’s Athabasca Basin region. The survey is expected to consist of approximately 5,212-line kilometers of low-level, tight-drape, high-resolution radiometric and aeromagnetic surveying across the Project. The survey will be completed under the direction of Cosa Resources Corp., the underlying owner and operator of the Project. Traction holds an option to acquire an 80% interest in Aurora from Cosa, subject to satisfying certain earn-in requirements. The Aurora Project covers approximately 17 kilometers of prospective strike along the southeastern margin of the Athabasca Basin. The planned survey is expected to occur between June and July 2026 over an estimated 17-day operating period, subject to seasonal weather conditions, aircraft availability, equipment preparation, calibration, and other operational considerations. Field operations are expected to be based primarily from Points North Landing, Saskatchewan. The survey is designed to provide high-resolution radiometric coverage across Aurora, with traverse lines planned at 50-meter spacing and tie lines planned at 750-meter spacing. The survey will use a low-level tight-drape method, subject to safety and operating conditions, and will collect both spectrometer and high-resolution magnetic data. The planned survey configuration is intended to support the identification of radioactive anomalies, refine geological and structural interpretations, and help prioritize areas for follow-up exploration. SPI’s airborne radiometric system includes a 16-detector, Compton-shielded, thermally stabilized sodium iodide scintillometer array, supported by high-resolution magnetic acquisition, laser altimeter, Global Navigation Satellite System, inertial navigation, and onboard quality control systems. Preliminary data quality control and processing are expected to occur both on site and remotely, with final processing to be completed in Calgary, Alberta. Expected deliverables include leveled magnetic data, energy-calibrated radiometric data, digital elevation model data, preliminary survey products, and interpreted radiometric targets where warranted. The planned high-resolution airborne radiometric survey line layout at Aurora shows proposed 50-meter-spaced survey lines and the Key Lake powerline corridor. Tillkännagivande • May 03
Traction Uranium Corp Outlines 2026 Exploration Roadmap for Aurora Uranium Project Traction Uranium Corp. provided an update on its planned 2026 exploration program at the Aurora Uranium Project, located in Saskatchewan’s Athabasca Basin region. The 2026 exploration roadmap for Aurora is expected to include two principal work streams, including an airborne radiometric survey to evaluate the Project for any potential near-surface radioactive anomalies, followed by diamond drilling and radiometric prospecting designed to test priority uranium targets and advance additional areas for future follow-up. Cosa, as operator, is currently advancing final contractor selection and logistical planning for the airborne radiometric survey. The survey is expected to provide property-scale radiometric coverage across Aurora and to support the identification of radioactive anomalies that may warrant ground follow-up. Given Aurora’s location along the southeastern margin of the Athabasca Basin, where sandstone cover is interpreted to be shallow to locally absent in portions of the Project area, the survey is expected to be an important step in evaluating the Project’s potential for near-surface uranium targets. Following completion and interpretation of the airborne survey, the results are to be integrated with existing geological, geophysical, historical exploration, and remote sensing datasets to support target prioritization. The results will help guide follow-up radiometric prospecting and assist with refinement of drill targets for the 2026 field season and future exploration programs. Diamond drilling at Aurora is expected to commence in late summer or early fall 2026, subject to contractor availability, weather, logistical conditions, and final target prioritization. The planned drill program is expected to evaluate priority targets, including VTEM conductor picks identified by Cosa in 2024. The program is currently expected to comprise of up to six diamond drilling holes, with final meterage, drill collar locations, and program scope to be determined following completion of detailed planning and interpretation of available exploration datasets and budgetary review. In conjunction with the planned drilling program, radiometric prospecting of areas of interest identified through the airborne survey are to be completed. This work is intended to support the identification and ranking of target areas for additional exploration, which may include ground geophysics, direct drill testing, or other follow-up work in 2027 and beyond. The Company expects to provide further updates as contractor selection, survey planning, and drill program preparations advance. Jared Suchan, Ph.D., P.Geo., CEO and Director of the Company, and a Qualified Person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical contents of this news release. Tillkännagivande • Apr 29
Traction Uranium Corp Announces Spring Exploration Program At Aurora Project Traction Uranium Corp. announced its planned spring exploration program at the Aurora Project in Saskatchewan’s Athabasca Basin region, where the Company intends to complete an airborne radiometric survey across the project land package. The Company holds an option to acquire an 80% interest in Aurora from Cosa Resources Corp., the project’s underlying owner and operator, subject to the satisfaction of certain earn-in requirements. Aurora spans approximately 17 kilometres of prospective strike along the southeastern margin of the Athabasca Basin and is located about 16 kilometres east of the Key Lake uranium mill and past-producing mine, in an area where historical exploration indicates shallow to locally absent sandstone cover. The Company believes these characteristics support the potential for near-surface uranium discoveries and provide Aurora with strategic significance as an exploration project in proximity to existing regional infrastructure. The survey will be designed to evaluate the Project for radioactive anomalies at a property-wide scale and to support the prioritization of existing targets while also generating additional areas for follow-up. Results from the airborne program are expected to help refine the Company’s exploration focus for the remainder of the 2026 field season, including ground truthing and other potential follow-up work. This program builds on prior exploration completed on Aurora, including airborne Versatile Time Domain Electromagnetic (VTEM) surveying, Falcon gravity gradiometer surveying, remote sensing, and a subsequent soil gas program. Collectively, these datasets have contributed to target development across the project area and are being used to guide the next phase of systematic exploration aimed at identifying shallow uranium targets with attributes that may be supportive of future open-pit evaluation. The Company expects the airborne radiometric survey to be completed during the spring to early summer window, subject to contractor scheduling, weather, and operating conditions. Follow-up fieldwork is anticipated to be planned once results from the survey have been received and interpreted. In parallel with exploration planning, the Company continues to advance the project through ongoing engagement and permitting processes in support of its work programs. Jared Suchan, Ph.D., P.Geo., CEO and Director of the Company, and a Qualified Person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical contents of this news release. Tillkännagivande • Apr 28
Traction Uranium Corp. announced that it has received CAD 0.9 million in funding On April 27, 2026, Traction Uranium Corp has closed the transaction. Tillkännagivande • Jan 17
Traction Uranium Corp. announced that it has received CAD 0.5 million in funding On January 16, 2026, Traction Uranium Corp. closed the transaction. 