Traction and F3 Discover New Uranium Dispersal Patterns and Radioactive Boulders at Hearty Bay
Traction and F3 Discover New Uranium Dispersal Patterns and
Radioactive Boulders at Hearty Bay
Results from the program on Isle Brochet strongly support the presence of uranium
mineralization near the island providing new drill targets for winter 2024.
July 18th, 2023
(Calgary, AB): Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the
“Company” or “Traction”) is pleased to announce that the Hearty Bay fall 2022 and winter 2023
till sampling and prospecting programs resulted in the discovery of two linear dispersal patterns
of uranium in subglacial till on Isle Brochet, and six new radioactive boulders which ass ayed up
to 4.23% U3O8 (Table 1; Figure 1). The program aimed to determine the source area for previously
identified Isle Brochet uraniferous boulders (with assay values up 8.23% U3O8) that are
interpreted to have been glacially entrained from the Athabasca Basin boundary and transported
onto the island.
Table1. Hearty Bay boulder sample results.
2022 and 2023 exploration activities:
The presence of mineralized basal conglomerate boulders within the Isle Brochet boulder trains
strongly suggests the source of the boulders is at the edge of the Athabasca Basin or associated
with a sandstone outlier beyond the basin edge. The winter 2022 diamond drill program at Hearty
Bay tested marine seismic targets interpreted as sandstone outliers or sandstone filled structures
beyond the current basin margin.
Drill-testing indicated that the seismic targets did not represent sandstone outliers, and no
significant geochemical anomalies were identified (Table 2). Efforts were, therefore, refocused
towards developing drill targets for winter 2024 at the edge of the Athabasca Basin. This
commenced with the engagement of Palmer, who developed and execute d the base-of-till (BoT)
program that revealed the two linear dispersal patterns of uranium in subglacial till, confirming
the presence of uranium mineralization near Isle Brochet and providing new target areas for drill
testing.
Figure 1. Uranium in till and uraniferous boulders found in fall 2022 and winter 2023 on Isle
Brochet within the Hearty Bay project area.
In the fall of 2022 F3 retained Palmer’s Dave Sacco, Principal of Surficial Geology and
Exploration, to complete a reconnaissance field visit to Isle Brochet. The purpose of the field visit
was to characterize the surficial environment where high grade uranium boulders have historically
been discovered and identify suitable exploration strategies that would provide a more robust data
set to supplement ongoing exploration efforts and develop reliable drill targets for winter 2024.
The F3 team prospected the southern part of the island, discovering new in -situ mineralized
boulders, as well as the mainland to the west.
It was found that sediments at the surface were ubiquitously reworked by deglacial processes, but
suitable subglacial till for sampling was commonly present at depth. As a first derivative from
bedrock, subglacial till is an optimal media for exploration and samples collected from 20 locations
contained anomalous uranium concentrations. An island -wide base-of-till sampling program was
developed by Palmer to follow-up on these initial anomalies.
A LiDAR survey was flown and detailed mapping of glacial landforms and sedi ments from the
high-resolution data revealed a refined sediment transport history and informed the BoT sampling
program that was subsequently completed during the winter of 2023 with Palmer’s purpose -built
ShockAuger lightweight drilling system (Figure 2). The data from the winter BoT sampling
program revealed two discrete linear dispersal patterns in subglacial till composed of uranium and
other pathfinder elements (e.g., Ni, Co, Cu).
Figure 2. The ShockAuger lightweight drilling system used to systematically collect base-of-till
samples on Isle Brochet.
Lester Esteban , Chief Executive Officer , commented “having Dave Sacco, geo morphologist
conclude from the results of the first till study on Isle Brochet, which discovered new patterns of
uranium dispersal in the subglacial till along with six new radioactive boulders which assayed up
to 4.23% U308 strongly support the presence of uranium mineralization near the island providing
new compelling target areas for our winter 2024 diamond drill program at Hearty Bay as we vector
in on the source of the historical high grade uranium boulders discovered on Isle Brochet.”
Table 2. Hearty Bay 2022 Drilling Information.
Qualified Person
The technical content of this news release has been reviewed and approved by Ken Wheatley, M.Sc, P.
Geo., who is a Qualified Person as defined by National Instrument 43 -101, Standards of Disclosure for
Mineral Projects. The information provides an indication of the exploration potential of the Company’s
properties but may not be representative of expected results.
About Traction Uranium Corp.
Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral
exploration and the development of discovery prospects in Canada, including its three uranium projects
in the world-renowned Athabasca Region.
We invite you to find out more about our exploration-stage activities across Canada’s Western region at
www.tractionuranium.com.
On Behalf of The Board of Directors
Lester Esteban
Chief Executive Officer
+1 (604) 561 2687
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