Fond | Jotup

Traction Uranium and Forum Energy Metals Identify New Conductive Trends from Airborne Geophysical Survey on the Grease River Project, Athabasca Basin

Retrieved on:

Thursday, November 2, 2023

The survey was conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone (Figure 1).

Key Points:

The survey was conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone (Figure 1).
The total domain EM data has outlined several prospective conductive trends along and north of the Grease River shear zone.
The survey has also outlined several conductive trends that require follow-up in the East block claims (Figure 3).
The southern claim block rests within the Athabasca Basin and the northern claim block is outside the Athabasca Basin.

Eight XPO Drivers Earn Top Awards at the 2023 National Truck Driving Championships

Retrieved on:

Tuesday, August 22, 2023

NTDC, Transport, Safety, Fond, NYSE, XPO, Rail transport, Entertainment, Phoenix

GREENWICH, Conn. , Aug. 22, 2023 (GLOBE NEWSWIRE) -- Eight drivers from XPO (NYSE: XPO), a leading provider of freight transportation in North America, took home top awards at the 2023 National Truck Driving Championships (NTDC).

Key Points:

GREENWICH, Conn. , Aug. 22, 2023 (GLOBE NEWSWIRE) -- Eight drivers from XPO (NYSE: XPO), a leading provider of freight transportation in North America, took home top awards at the 2023 National Truck Driving Championships (NTDC).
The championships were held in Columbus, Ohio from August 16 to 19.
“We are incredibly proud of our national championship drivers and the hundreds of others who participated in state competitions across the country,” said XPO CEO Mario Harik.
Our drivers are world-class, and their commitment to safety, care for customers and exceptional skills continue to set XPO apart.”

Traction Uranium and Forum Energy Metals Complete Airborne Geophysical Survey on the Grease River Project, Athabasca Basin

Retrieved on:

Wednesday, June 28, 2023

TRAC, CSE, Donald Duck filmography, Uranium, Athabasca Basin, Property, Forum Energy Technologies, FRA, Traction, Fond, NE, National instrument, OTC, National Instrument 43-101, FMC, Forum, News, Oil, Uranium mining

The survey was conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone (Figure 1).

Key Points:

The survey was conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone (Figure 1).
Location of the Grease River Project in northern Saskatchewan nearby the community of Fond-du-Lac.
The Grease River Project consists of two separate claim blocks situated along the NE-trending Grease River Shear zone, a major intracontinental shear zone greater than 400 km long.
The Company further notes that the Grease River Project claims are located along trend of the deposit to the southwest and northeast.

BMO Marks National Indigenous History Month and National Indigenous Peoples Day with Support for Indigenous-Led Organizations that Empower Communities

Retrieved on:

Thursday, June 15, 2023

"While our commitment to Indigenous customers and communities is part of how we do business every day, each year we welcome the opportunity to mark National Indigenous History Month and National Indigenous Peoples Day in meaningful ways through our support of key initiatives and by continuing to innovate to serve Indigenous colleagues, customers and communities."

Key Points:

"While our commitment to Indigenous customers and communities is part of how we do business every day, each year we welcome the opportunity to mark National Indigenous History Month and National Indigenous Peoples Day in meaningful ways through our support of key initiatives and by continuing to innovate to serve Indigenous colleagues, customers and communities."
BMO's gift will support the Home for Reconciliation capital expansion initiative, ensuring thousands more can access programs and supports in 2024.
For more than three decades, BMO has been working with Indigenous communities to support their economic self-determination.
For more information about how BMO works with Indigenous communities in Canada, click here to view BMO's annual Indigenous Partnerships and Progress Report.

Traction Uranium and Forum Energy Metals Commence Airborne Geophysical Survey on the Grease River Project, Athabasca Basin

Retrieved on:

Wednesday, May 10, 2023

TRAC, CSE, Donald Duck filmography, Uranium, Property, Forum Energy Technologies, FRA, Traction, Fond, NE, National instrument, OTC, National Instrument 43-101, FMC, Forum, News, Oil, Uranium mining, Athabasca Basin

The 1,290 line-km survey will be conducted at a 100 metre line spacing over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone (Figure 1).

Key Points:

The 1,290 line-km survey will be conducted at a 100 metre line spacing over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone (Figure 1).
The Grease River Project is located within the north-central margin of the Athabasca Basin near the community of Fond du Lac.
The Grease River Project consists of two separate claim blocks situated along the NE-trending Grease River Shear zone, a major intracontinental shear zone greater than 400 km long.
The Company further notes that the Grease River Project claims are located along trend of the deposit to the southwest and northeast.

Traction Uranium and Forum Energy Metals Engage Axiom Exploration Group to Conduct Airborne Magnetic, Electromagnetic and Radiometric Survey on the Grease River Project

Retrieved on:

Tuesday, February 21, 2023

CALGARY, Alberta, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) and Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) (“Forum”) are pleased to announce they have engaged Axiom Exploration Group Ltd. (“Axiom”) to conduct airborne magnetic, electromagnetic (EM) and radiometric surveys on the Grease River Project (the “Survey”).

Key Points:

CALGARY, Alberta, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) and Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) (“Forum”) are pleased to announce they have engaged Axiom Exploration Group Ltd. (“Axiom”) to conduct airborne magnetic, electromagnetic (EM) and radiometric surveys on the Grease River Project (the “Survey”).
The Survey will be conducted using a helicopter equipped with New Resolution Geophysics (“NRG™”)’specially designed Xcite™ Time Domain Electromagnetic System (“TDEM”).
The Survey will be conducted over an area comprising the Grease River Project (the “Area”) ensuring complete coverage of the area outlined in Figure 1.
These variations in the magnetic fields aids the team in structural mapping and defining prospective drill targets for the Grease River Project.

Why Uranium Market Prices are Poised for Big Breakout Over Previous Highs

Retrieved on:

Wednesday, February 8, 2023

Quartz, PLN, NYSE, Mining, NOT, OTCQB, NEWS, PALM, Federal, FUU, Traction, Property, NEVER, News, Form 10-K, Growth, Annual report, ANY, Uranium, Hectare, CCO, Forum, Human, Security (finance), TRAC, Radioactive decay, Research, KEY, James Bay Project, NE, Uncertainty, Federal Reserve, TSX, Effective date, FNM, BSK, Metal, Conference, Fond, South Tyrol Option Agreement, CSE, Uranium mining, Athabasca Basin, McArthur River, Key Lake mine, Cameco

PALM BEACH, Fla., Feb. 8, 2023 /PRNewswire/ -- Those who follow the uranium market prices see higher highs in the coming year. Uranium prices, alongside many other commodities, are starting the new year strong. The big question is whether momentum can continue. When we talk about metals, there are other things such as inflation, the Federal Reserve, recession fears etc that we need to worry about. Uranium on the other hand, actually has many strong fundamental reasons for heading higher A recent article on the Equity.Guru website reported: "Sprott Asset Management CEO John Ciampaglia stated in November 2022 that nearly 180 million pounds of uranium per year is required to fuel the current global fleet of reactors. The current primary output is over 130 million pounds and is expected to rise to between 140 million and 145 million pounds by next year. Uranium rose 41% in 2021. 2022 was a bit muted with uranium starting 2022 off strong, but ending the year up just below 10% higher from its January 1st 2022 start… Early 2022 saw supply challenges when it came to the conversion and enrichment. Many uranium bulls are betting on net supply/demand factors to be the KEY trigger for higher uranium prices in 2023." Active mining companies in the markets this week include Traction Uranium Corp. (OTCQB: TRCTF) (CSE: TRAC), Ur-Energy Inc. (NYSE American: URG) (TSX: URE), Cameco (NYSE: CCJ) (TSX: CCO), Blue Sky Uranium Corp. (OTCQB: BKUCF) (TSX-V: BSK), F3 Uranium Corp (OTCQB: FUUF) (TSXV: FUU).

Key Points:

PALM BEACH, Fla., Feb. 8, 2023 /PRNewswire/ -- Those who follow the uranium market prices see higher highs in the coming year.
Many uranium bulls are betting on net supply/demand factors to be the KEY trigger for higher uranium prices in 2023.
The article continued: "Recently, Sashi Davies, an internationally acclaimed nuclear power/uranium expert who has been involved with the uranium market and uranium sales for more than 35 years, stated that she believes believes the uranium market is poised for a big breakout which will see uranium prices take out previous highs .
"Today I think we are where we were at the beginning of the big move like back in the early 2000s (spot uranium prices peaked at $US140/lb in 2007).

Why Uranium Market Prices are Poised for Big Breakout Over Previous Highs

Retrieved on:

Wednesday, February 8, 2023

PALM BEACH, Fla., Feb. 8, 2023 /PRNewswire/ -- Those who follow the uranium market prices see higher highs in the coming year. Uranium prices, alongside many other commodities, are starting the new year strong. The big question is whether momentum can continue. When we talk about metals, there are other things such as inflation, the Federal Reserve, recession fears etc that we need to worry about. Uranium on the other hand, actually has many strong fundamental reasons for heading higher A recent article on the Equity.Guru website reported: "Sprott Asset Management CEO John Ciampaglia stated in November 2022 that nearly 180 million pounds of uranium per year is required to fuel the current global fleet of reactors. The current primary output is over 130 million pounds and is expected to rise to between 140 million and 145 million pounds by next year. Uranium rose 41% in 2021. 2022 was a bit muted with uranium starting 2022 off strong, but ending the year up just below 10% higher from its January 1st 2022 start… Early 2022 saw supply challenges when it came to the conversion and enrichment. Many uranium bulls are betting on net supply/demand factors to be the KEY trigger for higher uranium prices in 2023." Active mining companies in the markets this week include Traction Uranium Corp. (OTCQB: TRCTF) (CSE: TRAC), Ur-Energy Inc. (NYSE American: URG) (TSX: URE), Cameco (NYSE: CCJ) (TSX: CCO), Blue Sky Uranium Corp. (OTCQB: BKUCF) (TSX-V: BSK), F3 Uranium Corp (OTCQB: FUUF) (TSXV: FUU).

Key Points:

PALM BEACH, Fla., Feb. 8, 2023 /PRNewswire/ -- Those who follow the uranium market prices see higher highs in the coming year.
Many uranium bulls are betting on net supply/demand factors to be the KEY trigger for higher uranium prices in 2023.
The article continued: "Recently, Sashi Davies, an internationally acclaimed nuclear power/uranium expert who has been involved with the uranium market and uranium sales for more than 35 years, stated that she believes believes the uranium market is poised for a big breakout which will see uranium prices take out previous highs .
"Today I think we are where we were at the beginning of the big move like back in the early 2000s (spot uranium prices peaked at $US140/lb in 2007).

Traction Uranium and Forum Energy Metals Enter into an Option Agreement for the Grease River Property in the Athabasca Basin

Retrieved on:

Tuesday, February 7, 2023

Forum will be the operator of the Property until the Company completes the first phase.

Key Points:

Forum will be the operator of the Property until the Company completes the first phase.
We look forward to bringing together our technical advisor Boen Tan Ph.D., P. Geo with Forum’s Dr. Rebecca Hunter Ph.D., P.Geo.
The Grease River Project claims are located along trend of the deposit to the southwest and northeast.
Limited exploration has been conducted in the property area and there is potential for additional uranium mineralization along the shear zone.

ALX Resources Corp. Samples Radioactive Zones at the Sabre Uranium Project, Athabasca Basin, Saskatchewan

Retrieved on:

Tuesday, October 25, 2022

In addition, sub-samples were submitted for short-wave infrared spectroscopy (SWIR) analyses to determine the clay signature of the samples.

Key Points:

In addition, sub-samples were submitted for short-wave infrared spectroscopy (SWIR) analyses to determine the clay signature of the samples.
Sabre is located along the northern margin of the Athabasca Basin, a dominantly sandstone-infilled basin which unconformably overlies crystalline basement rocks of the Tantato Domain of the Canadian Shield in northern Saskatchewan.
Numerous historical uranium showings are found within the STZ, such as the Nisto Mine, Black Lake, and the Fond du Lac Uranium Deposit.
Dravite is commonly associated with hydrothermal alteration in the Athabasca Basin and can be found in close proximity to unconformity-type uranium mineralization.