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Traction Uranium Corp - TRCTF STOCK NEWS

Welcome to our dedicated news page for Traction Uranium (Ticker: TRCTF), a resource for investors and traders seeking the latest updates and insights on Traction Uranium.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Traction Uranium's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Traction Uranium's position in the market.

News
Hearty Bay Drilling Suggests Till Sampling May Lead to Source of Radioactive Boulders
Rhea-AI Summary
Traction Uranium Corp. announces the completion of a single sonic drill hole at the Hearty Bay Property and the early suspension of the drill program due to deteriorating ice conditions on Lake Athabasca. The discovery of a thick till under the lake supports the theory of tracing uraniferous till back to the source of historic high-grade boulder trains on Isle Brochet. Traction and F3 Uranium Corp. are engaging in ground gravity data analysis for future drill planning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.65%
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News
Traction and F3 Mobilize Drill to Hearty Bay to Test New Targets at Head of Uranium Boulder Field
Rhea-AI Summary
Traction Uranium Corp. announces the commencement of a 2,000-meter winter drill program at the Hearty Bay project to find the source of radioactive boulders, with recent gravity survey data revealing new drilling targets. The program aims to trace anomalous overburden under the lake to potential source areas. Boart Longyear sonic rig will be used for drilling, with technical guidance from Rock U Consulting and Palmer Geotechnical Consultants Inc. The program is expected to be completed by the end of March, weather permitting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Traction and F3 Complete Gravity Survey at Hearty Bay, Identify Promising Targets for Upcoming Drill Program
Rhea-AI Summary
Traction Uranium Corp. announces the completion of the 2024 winter gravity survey at the Hearty Bay project, identifying potential alteration zones near mineralized boulder trains. The survey has revealed gravity lows and anomalous areas, setting the stage for an upcoming sonic drill program to discover the source of the radioactive boulder trains. The drill program is expected to start in late February or early March, covering approximately 2,000 meters. The technical content has been reviewed and approved by a Qualified Person, providing an indication of the exploration potential of the Company’s properties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.93%
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none
News
Traction Uranium Issues Shares in Connection with Grease River Property Option Agreement
Rhea-AI Summary
Traction Uranium Corp. issued 250,000 common shares to fulfill obligations under a mineral property option agreement with Forum Energy Metals Corp. The agreement allows Traction to acquire up to a 100% interest in the Grease River Property in Canada in exchange for cash payments, share issuances, and funding of exploration expenditures. The company has completed Phase One and has the right to acquire additional interests in the property in Phase Two and Three. The company will also be required to grant a 2% net smelter returns royalty and make additional payments upon completion of economic assessments and feasibility studies, as well as the commencement of commercial production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.47%
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News
Traction Uranium Announces Mobilization of Gravity Crew to Hearty Bay Project
Rhea-AI Summary
Traction Uranium Corp. (CSE: TRAC) (OTCQB: TRCTF) (FRA: Z1K) announces mobilization of a gravity crew to the Hearty Bay Project in Saskatchewan’s Northern Athabasca Basin to conduct a gravity survey to maximize targets for the winter's diamond drilling program. The Company also terminated its option to earn up to a 75% interest in the Key Lake South Project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.35%
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News
Traction Uranium and Forum Energy Metals Identify New Conductive Trends from Airborne Geophysical Survey on the Grease River Project, Athabasca Basin
Rhea-AI Summary
Traction Uranium Corp. and Forum Energy Metals Corp. have completed an initial review of an airborne survey on Forum's Grease River Project. The survey outlined conductive trends and fault intersections in the East claim block and provided better resolution on the basement geology in the West block. Ground prospecting and additional geophysical surveys will be conducted in 2024. Traction has an option to acquire a 51% interest in the Property and can earn up to 100% interest by making cash and share payments, as well as exploration expenditures. The Grease River Project is located near the Fond du Lac uranium deposit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
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none
News
Traction Uranium Announces Completion of Technical Report on Key Lake South Project
Rhea-AI Summary
Traction Uranium Corp. announces completion of a Technical Report by Aurora Geosciences Ltd. for the Key Lake South Property. The report highlights anomalous thorium intercepts associated with rare earth elements and recommends a surface soil geochemical program for further exploration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.32%
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News
Traction and F3 Discover New Uranium Dispersal Patterns and Radioactive Boulders at Hearty Bay
Rhea-AI Summary
Traction Uranium Corp. announces the discovery of uranium mineralization near Isle Brochet, providing new drill targets for winter 2024. Two linear dispersal patterns of uranium in subglacial till and six new radioactive boulders were found. The presence of mineralized basal conglomerate boulders suggests the source is at the edge of the Athabasca Basin. Efforts will be focused on developing drill targets for winter 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.16%
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News
Traction Uranium and Forum Energy Metals Complete Airborne Geophysical Survey on the Grease River Project, Athabasca Basin
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
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none
News
Traction Uranium Reports KLS Winter Drill Program Analytical Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
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Traction Uranium Corp

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4.60M
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