Traction Uranium Expands Technical Research Team and Commences Summer Follow Up Program to Examine Radiation-Induced Quartz Degradation with Hearty Bay Core Samples

2022-07-19 05:01:32

VANCOUVER, British Columbia, July 19, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “Company” or “Traction”) (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K), a mineral exploration issuer focusing on the development of discovery prospects in Canada, including its two flagship uranium projects in the world-renowned Athabasca Region, is pleased to welcome Ayetullah Tunc and Reza Deevsalar to Traction’s research team under the guidance of Dr. Yuanming Pan (Technical Advisor to Traction see June 7, 2022 News Release) and commencement of the summer follow up program utilizing Dr. Yuanming Pan’s innovative uranium vectoring technique he pioneered (see Traction July 6th, 2022 News Release).

Ayetullah Tunc is an M.Sc. student under the supervision of Dr. Yuanming Pan in Geological Sciences at the University of Saskatchewan. He is a dedicated exploration geologist and geologic mapper with a strong focus on unconformity-related uranium deposits in the Canadian Athabasca Basin, and phosphate-hosted uranium and thorium deposits. Ayetullah’s research focuses on using synchrotron X-ray techniques (XANES-XRF) and Electron Paramagnetic Resonance (EPR) for investigating ore systems with applications in mineral exploration. Ayetullah has performed on-site monitoring of well drilling operations along with surveying and mapping the site layout along with the geologic features associated with uranium mineralization as a field and well-site geologist for the General Directorate of Mineral Research and Exploration, Turkey (2018-2019).

Reza Deevsalar earned his Ph.D. degree in petrology and geochemistry of magmatic systems from the Tarbiat Modares University, Tehran, Iran in 2015. In addition to his academic activities in multiple fields, including petrology, geochemistry and isotope geochemistry of magmatic systems, gemology, and magmatic-geothermal systems, Reza has contributed to several mineral exploration programs across Iran (mainly on gold, copper, iron deposits, and associated ore minerals), as a field and exploration geologist from 2009-2017. The most interesting part of geology research to Reza is the application of state-of-the-art analytical techniques and innovative approaches in the production of new data to consolidate and support the underground and surficial geological datasets in the creation of effective mineral prospecting and exploration models. After 4.5 years of doing research in the fields of geochemistry, radiogenic isotopes, and geochronology (Sep 2017 – Mar 2021) at the University of the Ryukyus (Okinawa, Japan), Reza started working on synchrotron-based research projects and EPR-CL-assisted U-exploration with Dr. Yuanming Pan’s research team at the UofS.

Lester Esteban, Chief Executive Officer, stated “We are pleased to welcome Dr. Yuanming Pan’s research team to our group and are excited to integrate both Ayetullah and Reza into our summer follow up programs at both Hearty Bay and Lazy Edwards. Ayetullah and Reza will be joining Fission 3.0’s team in mobilizing to Fond Du Lac this week to commence the summer follow up program executing Dr. Yuanming Pan’s vectoring technique by systematically sampling drill cores from the Hearty Bay drill program we completed in April. Results from examining quartz degradation will allow our team to refine drill targets and improve accuracy by focusing our efforts in the right areas, therefore maximizing dollars in the ground for our investors.”

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 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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Disclaimer for Forward-Looking Information

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the expected use of proceeds from the Private Placement are “forward-looking statements”. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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