Mr. Jared Suchan reports

TRACTION URANIUM OUTLINES 2026 EXPLORATION ROADMAP FOR THE AURORA URANIUM PROJECT, SASKATCHEWAN

Traction Uranium Corp. has provided an update on its planned 2026 exploration program at the Aurora uranium project, located in Saskatchewan's Athabasca basin region. The project is operated by Cosa Resources Corp., the underlying owner of Aurora, from which Traction holds an option to acquire an 80-per-cent interest, subject to the satisfaction of certain earn-in requirements (please see news release dated Feb. 11, 2026). The 2026 exploration road map for Aurora is expected to include two principal work streams, including an airborne radiometric survey to evaluate the project for any potential near-surface radioactive anomalies (see April 27, 2026, news release), followed by diamond drilling and radiometric prospecting designed to test priority uranium targets and advance additional areas for future follow-up.

Cosa, as operator, is currently advancing final contractor selection and logistical planning for the airborne radiometric survey. The survey is expected to provide property-scale radiometric coverage across Aurora and to support the identification of radioactive anomalies that may warrant ground follow-up. Given Aurora's location along the southeastern margin of the Athabasca basin, where sandstone cover is interpreted to be shallow to locally absent in portions of the project area, the survey is expected to be an important step in evaluating the project's potential for near-surface uranium targets. Following completion and interpretation of the airborne survey, the results are to be integrated with existing geological, geophysical, historical exploration and remote sensing data sets to support target prioritization. The results will help guide follow-up radiometric prospecting and assist with refinement of drill targets for the 2026 field season and future exploration programs.

Diamond drilling at Aurora is expected to commence in late summer or early fall 2026, subject to contractor availability, weather, logistical conditions and final target prioritization. The planned drill program is expected to evaluate priority targets, including VTEM conductor picks identified by Cosa in 2024. The program is currently expected to comprise up to six diamond drilling holes, with final meterage, drill collar locations, and program scope to be determined following completion of detailed planning and interpretation of available exploration data sets and budgetary review. In conjunction with the planned drilling program, radiometric prospecting of areas of interest identified through the airborne survey are to be completed. This work is intended to support the identification and ranking of target areas for additional exploration, which may include ground geophysics, direct drill testing or other follow-up work in 2027 and beyond.

Jared Suchan, chief executive officer of Traction, commented: "The 2026 road map gives Aurora a clear exploration path, starting with airborne radiometrics and advancing toward drill testing later this year. This staged approach is designed to evaluate the project at a property-wide scale, prioritize near-surface uranium targets and build a stronger technical foundation for follow-up exploration."

The company expects to provide further updates as contractor selection, survey planning and drill program preparations advance.

Qualified person

Jared Suchan, PhD, PGeo, chief executive officer and director of the company, and a qualified person within the meaning of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical contents of this news release.

For a discussion of the company's QA/QC (quality assurance/quality control) and data verification processes and procedures, please see its most recently filed technical report, a copy of which may be obtained under the company's profile at SEDAR+.

About Traction Uranium Corp.

Traction is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca region.

About Cosa Resources Corp.

Cosa Resources is a Canadian uranium exploration company operating in Northern Saskatchewan. Its portfolio comprises roughly 237,000 hectares across multiple 100-per-cent-owned and Cosa-operated joint venture projects in the Athabasca basin region, all of which are underexplored, and the majority reside within or adjacent to established uranium corridors.

Cosa's award-winning management team has a long record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement in discovering IsoEnergy's Hurricane deposit. In addition to Hurricane, Cosa personnel led teams or had integral roles in the discovery of Denison's Gryphon deposit and held key roles in the founding of both NexGen and IsoEnergy.

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