Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Traction Uranium Announces Planned Start Date for Airborne Radiometric Survey at the Aurora Uranium Project, Saskatchewan

Execution on schedule, but capital runway remains critically short ahead of major earn-in commitments.

By The Northwire Desk — AI Analysis Jun 15, 2026 · 08:00 TRAC · 2.22 Traction Uranium Corp.
Executive Summary
  • Traction Uranium Corp. announced that the planned airborne radiometric survey at its Aurora Uranium Project in Saskatchewan’s Athabasca Basin will commence on June 20, 2026.
  • The survey will cover approximately 17 kilometers of prospective strike and aims to generate a property-wide radiometric dataset.
  • Objectives include prioritizing exploration targets, validating near-surface mineralization potential, and refining drill targeting for future phases.
  • Traction holds an option to acquire an 80% interest in the Aurora Project from Cosa Resources Corp., subject to earn-in requirements.
  • Further updates will be provided as the survey progresses and data is processed.
Material Impact
  • The announcement confirms the execution of the 2026 exploration roadmap previously outlined in late April.
  • It represents a procedural milestone rather than a discovery, financial update, or capital raise.
  • The stock has already rallied approximately 450% from its April lows to a June high, indicating that the market has largely priced in the exploration plans and contractor engagements.
  • No new financial guidance or material operational shifts are introduced in this release.
  • The impact is incremental and aligns with the company's stated phased exploration strategy.
TRAC · Price
Company Overview
  • Traction Uranium Corp. is a pre-revenue junior explorer focused on uranium properties in Saskatchewan's Athabasca Basin.
  • Core assets include the Aurora Uranium Project (option to earn 80% from Cosa Resources) and the Jackson Lake Uranium Property (option to earn 100% from GEOMAP Exploration).
  • Leadership transitioned in December 2025 with the appointment of Dr. Jared Suchan as CEO, bringing geoscience and exploration experience.
  • Strategy centers on a staged exploration program: airborne surveys, ground follow-up, and maiden drilling to evaluate near-surface uranium targets.
Read the original news release →

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