Northwire Canada EditionMonday, September 7, 2026
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GOLD 4476.60 −1.4% SILVER 66.75 −1.4% COPPER 6.68 +0.3% OIL 91.48 +0.2% PALLADIUM 1403.90 −2.5% JDN 0.230 +0.0% HVG 0.050 +0.0% AUMN 0.305 −3.2% MNRG 0.095 +0.0% SKP 0.165 +0.0% RME 0.235 +0.0% HAY 0.070 −12.5% TIGR 0.900 +0.0% BAU 0.200 −2.4% BEEP 0.215 +7.5% FOXT 0.175 +0.0% ARA 3.56 +2.0% WCU 0.175 +84.2% SGML 17.10 −2.3% TUF 0.730 −6.4% TNR 0.270 −3.6% GOLD 4476.60 −1.4% SILVER 66.75 −1.4% COPPER 6.68 +0.3% OIL 91.48 +0.2% PALLADIUM 1403.90 −2.5% JDN 0.230 +0.0% HVG 0.050 +0.0% AUMN 0.305 −3.2% MNRG 0.095 +0.0% SKP 0.165 +0.0% RME 0.235 +0.0% HAY 0.070 −12.5% TIGR 0.900 +0.0% BAU 0.200 −2.4% BEEP 0.215 +7.5% FOXT 0.175 +0.0% ARA 3.56 +2.0% WCU 0.175 +84.2% SGML 17.10 −2.3% TUF 0.730 −6.4% TNR 0.270 −3.6%
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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