Traction Uranium Collars the First Drill Hole of its Hearty Bay Winter Drill Program
Traction Uranium Inc.
Traction Uranium Collars the First Drill Hole of its Hearty Bay Winter Drill
Program
The work program will comprise of over 1,400 meters of drilling over 12 holes.
March 21, 2022
Vancouver BC – Traction Uranium Corp. (the “ Company” or “Traction”) (CSE: TRAC) (OTC: TRCTF) (FSE:
Z1K), is pleased to announce that it has collared the first drill hole of the 2022 winter drill program at the
Hearty Bay Property in the Athabasca Basin region. The winter program also includes a ground geophysics
program on the property as part of the winter program.
The drill targets are based on marine seismic and airborne magnetic data. A 255km marine seismic survey
was conducted by the company in the summer of 2019 to the NE of Isle Brochet in the main up -ice
direction of radioactive boulder trains. It was interpreted to indicate multiple basement structural and
lithological features which have defined some of the drill targets to the northeast and up ice from where
the historic Eldorado drilling was focused. These consist of possible sandstone outliers bounded by
basement structural features or are at the intersections of major faults (often with significant vertical and
horizontal displacement). Additional drill targets have been defined from the 2,490 line km low -level
airborne magnetic and radiometri c survey that was flown in 2021. They consist of linear magnetic lows
that are interpreted to indicate major faults and they are supported by the marine seismic data. High
grade uranium mineralization in the Athabasca Basin is often found along major fault s and at fault
intersections.
The project is being managed by one of Canada’s leading uranium exploration teams Fission 3.0. Fission
3.0 has contracted Bryson Drilling to conduct the diamond drilling. Traction acquired a 50% interest in the
Hearty Bay Project, further details on the agreement can be found by referring to Traction news release
dated December 10th, 2021.
Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian
regulatory requirements set out in National Instrument 43 -101 and reviewed on behalf of the company
by Raymond Ashley, P.Geo., Vice President, Exploration of Fission 3.0 Corp., a Qualified Person. Raymond
Ashley has an arm’s length relationship with Traction.
About Traction Uranium Corp.
Traction Uranium (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral exploration and the
development of discovery prospects in Canada, including its two flagship uranium projects in the
Athabasca Region. This property is located on the north edge of the Athabasca Basin, 20 km west of the
Fond-du-Lac Uranium deposit and 60 km east of the Beaver Lodge uranium district. The Property
surrounds the historic Isle Brochet radioactive -sandstone bou lder trains, 1 km long dispersal trains
trending along the main ice direction and containing up to 3% uranium. Approximately 600 m to the
northeast several more radioactive boulders of both sandstone and basement origin were discovered.
Historic drilling p roximal to these boulders did not intersect any significant radioactivity. Drilling only
tested the top of the basement lithologies, and did not extend beyond the edge of the mapped Athabasca
sediments. The source of the boulders remains undetermined. Strong airborne EM conductors within the
property were identified by historic surveys up-ice of the radioactive boulder trains.
We invite you to find out more about our exploration-stage activities across Canada’s Western region at
www.tractionuranium.com.
About Fission 3.0 Corp.
Fission 3.0 is a uranium project generator and exploration company, focusing on projects in the Athabasca
Basin, home to some of world’s largest high grade uranium discoveries. Fission 3. 0 currently has 16
projects in the Athabasca Basin. Several of Fission 3.0’s projects are near large uranium discoveries,
including, Arrow, Triple R and Hurricane deposits. Fission 3.0 is currently planning a winter
exploration/drill program on its PLN project.
On Behalf of the Board of Directors
Faizaan Lalani
Director
Contact
Phone: 604 425 2271
Email: [email protected]
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release and does
not accept responsibility for the adequacy or accuracy of this release.