CVV:CC - CanAlaska Uranium: Uranium for New Technologies

2024-03-27 17:08:02 ET

A number of advanced targets ripe for discovery

CanAlaska is a junior explorer. The company holds interests in approximately 214,000 hectares (530,000 acres), in Canada’s Athabasca Basin – the “Saudi Arabia of Uranium.” Further, CanAlaska’s strategic holdings have attracted major international mining companies. They are, indeed, a project generator positioned for discovery success in the world’s richest uranium district. CanAlaska also holds properties prospective for nickel, copper, gold and diamonds.

"The company has a really exciting 12 months in front of it. We're advancing a number of uranium projects and nickel assets at the same time, all toward realizing that discovery for our shareholders," says CEO, Cory Belyk. CanAlaska prides itself on project generation.

About the West McArthur Project

The company's most advanced project is the West McArthur Project where they've been drilling 8 percent uranium.

Prior work by Kerr Addison, Cogema, and Cameco includes airborne and ground geophysics, lithogeochemical surveys and lake sediment surveys covering more than half of the property which are documented in some 61 assessment reports. Moreover, several EM conductors are present, some of which have been drilled on adjoining ground. CanAlaska has used GIS in compiling these existing datasets and has assimilated them to create a powerful exploration tool.

"We've got a number of advanced targets that are ripe for discovery and we've got early-stage projects there in the right geological space that we believe has the potential for that next major discovery," says Belyk.

For more information on CanAlaska Uranium Ltd. (TSX.V: CVV, OTCQB: CVVUF) please click on the request investor info button.