PriceSensitive

Traction Uranium (CSE:TRAC) begins drilling program at Key Lake South

Market News, Mining
CSE:TRAC
07 March 2023 09:45 (EDT)

Source: Traction Uranium Corp.

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.


Related News