NEWS RELEASE

Drilling Intersects Uranium Mineralization on CanAlaska's Moon Claim

Vancouver, Canada, April 5, 2016 - CanAlaska Uranium Ltd. (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N) (the Company") is pleased to report that the exploration team from Denison Mines Corp. ("Denison") (TSX: DML, NYSE MKT: DNN) has reported intersecting 2200 cps radioactivity at the unconformity in the first drill hole on the Moon South property. The elevated radioactivity corresponds to a 0.5 metre section of 0.102% U3O8 assayed in core recovered from the drill hole at that location. Additional drilling is now being planned.

This first drill hole was designed to test a conductive trend mapped by a DC resistivity survey. The drill site is located within a prominent magnetic low, which is thought to represent the location of major cross structures. There is elevated uranium mineralization averaging over 1 ppm U3O8 for 30 metres above the intersection, with further elevated uranium mineralization up to 1.2 ppm for 200 metres above the unconformity. Moderately graphitic pelites were intersected in the basement. A graphitic fault and a clay altered breccia were observed in this unit. The drill intersection confirms basement fluid flow containing elevated base metals and uranium mineralization.

CanAlaska president Peter Dasler comments, "Denison's exploration team have found a very interesting new target in an area of the Athabasca Basin known to have excellent potential for uranium mineralization. This initial drill success now gives a robust target for further exploration."

The qualified technical person for this news release is Dr Karl Schimann, P. Geo., CanAlaska director, and Vice President, Exploration.

About CanAlaska Uranium

CanAlaska Uranium Ltd. (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N) holds interests in approximately 700,000 hectares (1.7 million acres), one of the largest land positions in Canada's Athabasca Basin region - the "Saudi Arabia of Uranium." CanAlaska's strategic holdings has attracted major international mining companies Cameco, KORES and KEPCO as partners at its core projects. CanAlaska is a project generator and is positioned for discovery success in the world's richest uranium district. For further information visit www.canalaska.com.

On behalf of the Board of Directors

"Peter Dasler"

Peter Dasler, M.Sc., P.Geo.

President & CEO
CanAlaska Uranium Ltd.

Contacts:

Peter Dasler

Tel: +1.604.688.3211 Extension 138

Email: info@canalaska.com

John Gomez

Tel: +1.604.484.7118

Email: jgomez@canalaska..com

The TSX-V has not reviewed and does not accept responsibility for the adequacy or accuracy of this release: CUSIP# 13708P 10 2.

CanAlaska Uranium Ltd., #1020 - 625 Howe Street, Vancouver, BC V6C 2T6 Canada

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Canalaska Uranium Ltd

	EXPLORATION STAGE
	CODE : CVV.V
	ISIN : CA13708P2017

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Canalaska Uranium is a uranium exploration company based in Canada.

Canalaska Uranium holds various exploration projects in Australia and in Canada.

Its main exploration properties are GLITTER LAKE, VBE 1 CLAIMS, ALBERTA, HELMER, KEY LAKE, LAKE ATHABASCA, COLLINS BAY EXTENSION, WATERBURY, BLACK LAKE PROJECT, POPLAR PROJECT, GREASE RIVER, VBE 2 CLAIMS, NE WOLLASTON, ARNOLD PROJECT, CAMSELL, CARSWELL PROJECT, CREE WEST, HODGSON, KASMERE, MCTAVISH, MISTY, MOON, CREE EAST PROJECT, WEST MCARTHUR, FOND DU LAC, ATIKOKAN AREA, CENTRAL ZEBALLOS MINE and LAC ROCHER in Canada and RISE AND SHINE in New Zealand.

Canalaska Uranium is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 16.4 millions as of today (US$ 13.1 millions, € 11.5 millions).

Its stock quote reached its highest recent level on January 05, 2007 at CA$ 9.70, and its lowest recent point on October 17, 2014 at CA$ 0.08.

Canalaska Uranium has 27 340 000 shares outstanding.

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Canalaska Uranium Ltd

Drilling Finds Uranium on Moon

Canalaska Uranium Ltd