Survey achieved 100% of planned coverage and collected more than 5,200 line kilometres of high-resolution radiometric and magnetic data
CALGARY, Alberta, July 14, 2026 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the "Company" or "Traction") is pleased to provide an update on the high-resolution airborne radiometric and magnetic survey at the Aurora Uranium Project ("Aurora" or the "Project"), located in Saskatchewan's Athabasca Basin region. The survey was completed in late June (see press release dated July 2nd, 2026), following which the aircraft and survey crew demobilized from Points North Landing, Saskatchewan. The program was conducted by Special Projects Inc. ("SPI") under the direction of Cosa Resources Corp. ("Cosa"), the underlying owner and operator of Aurora.
The completed program achieved 100% of the planned survey coverage and collected 5,222.56 line kilometres of processed radiometric and magnetic data. All 577 planned survey lines were completed at 50-metre spacing, together with tie lines flown at 500-metre spacing. The program comprised 14 production flights over nine flying days, with only two survey lines requiring re-flights due to geomagnetic activity. No operational downtime was attributed to logistics, fuel, equipment or aircraft maintenance. The survey lines were flown primarily in a northwest-southeast direction at an average azimuth of approximately 140 degrees.
"This program achieved full coverage of the planned survey area," said Jared Suchan, Chief Executive Officer of Traction. "The closely spaced radiometric and magnetic data is expected to provide us with a strong modern dataset for evaluating Aurora. Our focus now is on integrating and interpreting the final survey products to identify and prioritize the most compelling areas for follow-up exploration."
Survey data were reviewed throughout acquisition using real-time navigation, magnetic and radiometric quality-control procedures. Following acquisition, the radiometric and magnetic datasets were processed through levelling, microlevelling, decorrugation and gridding. Final deliverables include processed radiometric and magnetic datasets, topographic information, gridded survey products and radiometric anomaly information.
Traction and Cosa will now review and interpret the completed survey products and integrate them with the existing geological and geophysical information for Aurora. The resulting interpretation is expected to support the identification and prioritization of areas for ground follow-up and potential future drill-target refinement.