Traction Uranium Corp. reports on uranium mineral exploration and discovery-stage project development in Canada, with recurring updates tied to Saskatchewan’s Athabasca Basin region. Company news centers on the Aurora Uranium Project, where Traction holds an option to earn an interest from Cosa Resources, as well as exploration activity at Hearty Bay and option-related activity at Grease River.
Recurring developments include airborne radiometric surveys, gravity surveys, sonic and diamond drilling, till sampling, uranium target generation, technical reporting under Canadian mineral disclosure standards, property option obligations, share issuances connected to exploration agreements, and governance changes at the issuer level.
Traction Uranium (TRCTF) completed its initial drilling program at the Aurora Uranium Project, testing two holes in the A1 target area. The holes totalled 541 metres and intersected graphitic basement rocks with brittle faulting. No significant hydrothermal alteration was intersected; geochemical results remain pending.
Cosa Resources owns and operates Aurora, with Traction funding the drilling. Traction may earn up to an 80% interest by funding $9.15 million in exploration and completing required cash and share payments. The program ended after the second hole to manage the budget following an extension of the first hole and higher-than-anticipated mobilization costs. Cosa plans follow-up work in 2027, subject to technical review, budgeting and available funding.
Traction Uranium (TRCTF) has begun diamond drilling at the Aurora uranium project in Saskatchewan, with Cosa Resources operating the program. Cosa owns Aurora, and Traction fully funds the planned approximately 800 metres of drilling in four to six holes. The program targets shallow conductors selected using airborne geophysical surveys. Three of four target areas have associated radiometric anomalies located down-ice and interpreted as possible uranium-bearing sources.
Under a February 10, 2026, option agreement, Traction may earn up to an 80% interest by funding $9.15 million in exploration spending and making required cash and share payments. Ground checks of selected radiometric anomalies are also planned to assess their sources and help prioritize future targets. No drilling results were reported.
Traction Uranium (TRCTF) plans a fall 2026 diamond drill program to complete the first drill test of priority conductive targets at the Aurora Uranium Project in Saskatchewan’s Athabasca Basin. Aurora is owned and operated by Cosa Resources, while Traction holds an option to acquire up to an 80% interest, subject to earn-in requirements. Cosa will operate the drill program, which will be funded by Traction under the option agreement.
The targets were defined using Cosa’s 2024 VTEM survey and a 2026 property-wide airborne radiometric and magnetic survey, focusing on conductive responses near radiometric anomalies interpreted as potentially related to uranium-bearing sources.
Traction Uranium (OTC: TRCTF) reported results from a property-wide high-resolution airborne radiometric and magnetic survey at the Aurora Uranium Project in Saskatchewan’s Athabasca Basin. The SPI-conducted survey, flown at 50-metre line spacing under Cosa Resources’ direction and fully funded by Traction, outlined multiple radiometric anomalies interpreted as potentially linked to uranium-bearing sources, several near or down-ice of prospective basement features previously defined by Cosa.
According to Traction, integrating these datasets with prior VTEM and gravity-gradient surveys has upgraded several target areas (A1, A2, A3). Ground truthing of selected anomalies and integrated interpretation are planned to refine targets for a follow-up drill program. Traction holds an option to earn up to an 80% interest in Aurora from Cosa.
Traction Uranium (OTC: TRCTF) reported finalized metrics for the completed high-resolution airborne radiometric and magnetic survey at the Aurora Uranium Project in Saskatchewan’s Athabasca Basin. The program, operated by Cosa Resources and flown by Special Projects Inc., achieved 100% of planned coverage and collected 5,222.56 line kilometres of processed data across 577 survey lines at 50-metre spacing, plus 500-metre tie lines, over 14 production flights with no logistical or maintenance downtime.
Processed deliverables include radiometric and magnetic datasets, gridded products, topography and anomaly information, which Traction and Cosa will now integrate with existing data to prioritize follow-up exploration. The company also corrected a prior disclosure, clarifying Nordcore Media marketing services commenced on July 13, 2026, not June 13, 2026.
Traction Uranium (OTC:TRCTF) completed an airborne radiometric survey at its Aurora Uranium Project in Saskatchewan’s southeastern Athabasca Basin. The work covers about 17 km of prospective strike and aims to collect modern radiometric data to evaluate uranium prospectivity and refine follow-up exploration targets.
Traction Uranium (OTC: TRCTF) has started an airborne radiometric survey at its Aurora Uranium Project in Saskatchewan’s Athabasca Basin. The first geophysical program at Aurora will evaluate radiometric responses across approximately 17 km of strike to help prioritize future exploration targets.
Traction holds an option to acquire an 80% interest in Aurora from Cosa Resources, subject to earn-in requirements. Survey data will be processed, interpreted, and integrated with existing geological and geophysical information to refine ground follow-up, target validation, and potential drill-target planning.
Traction Uranium (OTC:TRCTF) plans to start an airborne radiometric survey at the Aurora Uranium Project in Saskatchewan’s Athabasca Basin on June 20, 2026, subject to conditions. Traction holds an option to acquire an 80% interest in Aurora from Cosa Resources.
The survey will cover roughly 17 kilometres of prospective strike and aims to generate a project-wide radiometric dataset. This data is expected to help prioritize exploration targets, evaluate near-surface mineralization potential, guide ground follow-up, and refine future drill planning at Aurora.
Traction Uranium (OTC: TRCTF) filed an independent NI 43-101 technical report for the Aurora Uranium Project in Saskatchewan’s Athabasca Basin. The project covers 12 mineral claims totaling about 18,744 hectares over 17 km of strike, with Traction able to earn up to an 80% interest via option.
Traction Uranium (OTC: TRCTF) plans a helicopter-supported field reconnaissance program at the Aurora Uranium Project in Saskatchewan’s Athabasca Basin, covering about 17 km of prospective strike. The work will refine access, logistics and targets ahead of an airborne radiometric and magnetic survey.
Traction also closed an additional C$50,000 tranche of unsecured convertible debentures, maturing in 12 months with 10% annual interest, convertible into units priced at the prevailing market, each unit including a share and a warrant exercisable at 110% of market price.