Traction Uranium Finalizes 5,222 Line-Kilometre Airborne Survey at Aurora Project in Saskatchewan's Athabasca Basin

Aurora Uranium Project Survey Completes Full Planned Coverage

On July 14, 2026, Traction Uranium confirmed the completion of its high-resolution airborne radiometric and magnetic survey at the Aurora Uranium Project, achieving 100% of the planned coverage. The survey collected 5,222.56 line kilometres of processed data, exceeding the company’s target area.

Located in Saskatchewan's Athabasca Basin—renowned globally for its high-grade unconformity uranium deposits—the Aurora Project’s survey demobilized from Points North Landing following fieldwork completion in late June 2026, as announced on July 2, 2026.

Survey Specifications: 577 Lines, 50-Metre Spacing, Nine-Day Flight Program

The survey completed all 577 planned lines at 50-metre intervals, with tie lines flown every 500 metres. This tight spacing is typical for high-resolution geophysical surveys designed to detect subtle structural and lithological features linked to uranium mineralization in the Athabasca Basin.

The program included 14 production flights over nine days. Only two lines required re-flights due to geomagnetic activity, with no downtime caused by logistics, fuel, equipment, or aircraft issues, reflecting efficient execution. Most lines were flown northwest-southeast at an average azimuth near 140 degrees.

Special Projects Inc. and Cosa Resources Corp. Lead Survey Execution

The airborne survey was performed by Special Projects Inc. (SPI), a geophysical contractor, under the direction of Cosa Resources Corp., the project’s operator and owner. This structure aligns with the joint venture between Traction Uranium and Cosa Resources for Aurora.

Cosa Resources, a Canadian uranium exploration firm with approximately 237,000 hectares across multiple Athabasca Basin projects, has a management team experienced in significant discoveries including IsoEnergy’s Hurricane deposit, Denison’s Gryphon deposit, and founding roles in NexGen Energy and IsoEnergy, highlighting the expertise guiding Aurora exploration.

Quality Control and Data Processing Deliver High-Fidelity Results

Throughout data acquisition, real-time navigation, magnetic, and radiometric quality control ensured data integrity. Post-survey, datasets underwent levelling, microlevelling, decorrugation, and gridding to produce refined radiometric and magnetic products.

Final deliverables include processed radiometric and magnetic datasets, topographic data, gridded survey products, and radiometric anomaly information, providing a reliable foundation for detailed geological interpretation and target generation.

CEO Jared Suchan Highlights Next Steps for Exploration Prioritization

CEO and Director Jared Suchan, Ph.D., P.Geo., stated: "This program achieved full coverage of the planned survey area. 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."

Traction and Cosa will integrate the survey results with existing geological and geophysical data to guide ground follow-up and refine drill targets. Investors will be watching for updates as interpretation progresses.

Correction to July 13 Release on Nordcore Media Marketing Engagement

In the July 14 release, Traction Uranium corrected an error in its July 13, 2026 announcement regarding the start date of its marketing services agreement with Nordcore Media LLC. The original release incorrectly stated the engagement began June 13, 2026; the corrected start date is July 13, 2026.

All other details from the July 13 release remain unchanged. This correction is an administrative update and does not affect the scope or terms of the Nordcore Media engagement.

Qualified Person Statement and NI 43-101 Compliance

The technical content of this release has been reviewed and approved by Jared Suchan, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, ensuring compliance with Canadian securities regulations.

For more information on the company’s QA/QC and data verification procedures, readers are directed to Traction Uranium’s latest technical report available on SEDAR+, which provides foundational geological and geophysical context for the Aurora Project.

Significance of High-Resolution Geophysics in Athabasca Basin Uranium Exploration

The Athabasca Basin is globally recognized for hosting some of the highest-grade uranium deposits. Airborne geophysical surveys combining radiometric and magnetic data at tight line spacing are essential for identifying structural corridors, basement rock variations, and radiometric anomalies that may indicate uranium mineralization.

The completion of this 5,222.56 line-kilometre survey at 50-metre spacing marks a critical data milestone for Aurora. While no specific anomaly results or mineralization claims were disclosed, the dataset will underpin future exploration efforts. Investors should note that geophysical anomalies do not confirm economic mineralization and that further ground work and drilling will be necessary to evaluate targets.

Traction Uranium’s Exploration Focus Across Western Canada

Traction Uranium focuses on mineral exploration and discovery development in Canada, with its Aurora Uranium Project in the Athabasca Basin as a flagship asset. The company trades on the Canadian Securities Exchange under TRAC, OTC Markets under TRCTF, and Frankfurt Stock Exchange under Z1K, providing broad investor access.

The company’s exploration activities span western Canada. The immediate market reaction to the July 14 survey completion announcement was not evident at the time of this report.