| Significant Uranium Mineralization Reported at CanAlaska's West McArthur Project | |
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Diamond drill hole WMA042 intersects 1.34% eU3O8 over 5.65metres, drilling continuing Vancouver, British Columbia--(Newsfile Corp. - August 30, 2017) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to report interim results from drill hole WMA042 on the West McArthur uranium project ("Project") where testing of the C10 conductor package at Grid 5 continues. See earlier news of July 20 2017. A further drill hole is underway. Drill hole WMA042 is located approximately 300 metres north of drill hole WMA035 completed in 2016, which is located on the east end of Grid 5. The drill program is being conducted by Cameco Corporation (TSX: CCO) (NYSE: CCJ) The calculated grade of the uranium intercept, as measured by calibrated probe, is 1.34% eU3O8 over 5.65 metres. The uranium mineralization is disseminated in the basal sandstone column near the unconformity and is footwall to an altered fracture zone with perched mineralization 80 metres higher in the drill hole. A wedge hole from WMA-042 is being drilled to test the optimum target location. |
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Canalaska Uranium Ltd
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EXPLORATEUR |
CODE : CVV.V |
ISIN : CA13708P2017 |
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Canalaska Uranium est une société d’exploration minière d'uranium basée au Canada. Canalaska Uranium détient divers projets d'exploration au Canada et en Australie. Ses principaux projets en exploration sont 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 et LAC ROCHER au Canada et RISE AND SHINE en Nouvelle-Zelande. Canalaska Uranium est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 16,7 millions CA$ (12,1 millions US$, 11,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 05 janvier 2007 à 9,70 CA$, et son plus bas niveau récent le 17 octobre 2014 à 0,08 CA$. Canalaska Uranium possède 27 340 000 actions en circulation. |