Mr. Jared Suchan reports
TRACTION URANIUM ANNOUNCES SURVEY SPECIFICATIONS FOR HIGH-RESOLUTION AIRBORNE RADIOMETRIC AND MAGNETIC SURVEY AT THE AURORA URANIUM PROJECT, SASKATCHEWAN
Traction Uranium Corp. has released further details regarding the planned airborne radiometric survey at the Aurora uranium project located in Saskatchewan's Athabasca basin region. Further to the company's previous announcement regarding the engagement of Special Projects Inc., the survey is expected to consist of approximately 5,212 line kilometres 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-per-cent interest in Aurora from Cosa, subject to satisfying certain earn-in requirements (please see news release dated Feb. 11, 2026). The Aurora project covers approximately 17 kilometres of prospective strike along the southeastern margin of the Athabasca basin.
The planned survey is expected to occur in June or 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, Sask. The survey is designed to provide high-resolution radiometric coverage across Aurora, with traverse lines planned at 50-metre spacing and tie lines planned at 750-metre 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 on-board 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, Alta. Expected deliverables include levelled magnetic data, energy-calibrated radiometric data, digital elevation model data, preliminary survey products and interpreted radiometric targets, where warranted.
Jared Suchan, chief executive officer of Traction, commented: "This survey represents a key step in unlocking the value of Aurora. The combination of tight 50-metre line spacing and modern radiometric and magnetic acquisition is expected to deliver a robust data set that will guide our target generation efforts and position the project for a potential maiden drill program. We look forward to providing updates as the program progresses through data acquisition, interpretation and target prioritization."
Qualified person
Jared Suchan, PhD, PGeo, chief executive officer and director of the company, 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.
For a discussion of the company's quality assurance/quality control and data verification processes and procedures, please see its most recently filed technical report, a copy of which may be obtained under the company's profile at SEDAR+.
About Traction Uranium Corp.
Traction is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca region.
About Cosa Resources Corp.
Cosa Resources is a Canadian uranium exploration company operating in Northern Saskatchewan. Its portfolio comprises roughly 237,000 hectares across multiple 100-per-cent-owned and Cosa-operated joint venture projects in the Athabasca basin region, all of which are underexplored, and the majority reside within or adjacent to established uranium corridors.
Cosa's award-winning management team has a long record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence award for their previous involvement in discovering IsoEnergy's Hurricane deposit. In addition to Hurricane, Cosa led teams or had integral roles in the discovery of Denison's Gryphon deposit and held key roles in the founding of both NexGen and IsoEnergy.
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