Source: Traction Uranium Corp.
  • Traction Uranium (TRAC) has commenced the first phase of its drilling program at Key Lake South
  • Phase 1 diamond drilling is planned for 10 high-priority targets totalling 2,000 metres
  • Drill crews are mobilizing equipment to the first drill target to start coring this week
  • Traction Uranium Corp. (TRAC) was up 3.57 per cent, trading at C$0.58 per share as of 9:40 am ET

Traction Uranium (TRAC) has commenced the first phase of its drilling program at Key Lake South.

UGreenco Energy Corp. helped complete the temporary work camp, and both the geological team and the drill crew have arrived.

The winter 2023 KLS diamond drill program will follow up on the “radioactive black soil” that had assayed high-grade uranium mineralization found near the surface in the till/overburden and a “radioactive swamp” discovered in the fall of 2022, which is now accessible. Sampling the “black soil” returned high-grade uranium mineralization.

Source: Traction Uranium Corp.

Phase 1 diamond drilling is planned for 10 high-priority targets totalling 2,000 metres. Drill crews are mobilizing equipment to the first drill target to start coring this week.

Traction Uranium Corp. is in the business of mineral exploration and the development of discovery prospects in Canada, including its two flagship uranium projects in the Athabasca Region.

Traction Uranium Corp. (TRAC) was up 3.57 per cent, trading at C$0.58 per share as of 9:40 am ET.


More From The Market Online

One of the best stocks for a silver rebound play

Impact Silver uncovers a new silver vein in Mexico, bolstering its case as one of the best stocks to play a rebound in the…

Independent tests of BlackBerry cyber defense scores solid results

A new study finds that BlackBerry’s (TSX:BB) endpoint protection platform blocked the most cyberattacks while using fewer system resources.

Pembina reportedly in talks with Sinopec on LNG offtake agreement

Pembina (TSX:PPL) is speaking with China’s Sinopec on a liquefied natural gas offtake agreement and equity stake in its Cedar project.

Africa Oil collects more shares under buyback program

Africa Oil Corp. (TSX:AOI) repurchases a total of 995,883 of its common shares under its share buyback program.