Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent

Canalaska Uranium Ltd

Publié le 12 octobre 2007

Korean Consortium Execute $19 Million Investment in Cree East Uranium Project

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Trillion | Uranium |

CanAlaska Uranium Ltd.
C V  V  - TSX.V    C V V U F - OTCBB  DH7 - Frankfurt
News Release

October 12, 2007

KOREAN CONSORTIUM EXECUTE $19 MILLION INVESTMENT IN CREE EAST URANIUM PROJECT

Vancouver, British Columbia, Canada -- October 12th, 2007: CanAlaska Uranium Ltd. (TSX-V: CVV) ("CanAlaska") -- Further to the Company's July 31st, 2007 press release, CanAlaska is pleased to announce the execution of definitive agreements for investment by a Korean Consortium led by Hanwha Corporation ("Hanwha") towards uranium exploration of CanAlaska's Cree East Project, located in the Province of Saskatchewan, Canada.

According to Mr. Emil Fung, Vice President -- Corp. Development, "The members of the Korean Consortium comprise Korea's leading energy and natural resource companies. Korea Electric Power Corporation ("KEPCO"), Korea Resources Corp. ("KORES") and SK Energy Co. Ltd. ("SK") will join with Hanwha to invest Cdn$19 million towards an earn-in of a 50% ownership interest in the Cree East Project over a 4-year period". Under the terms of the executed agreements, the Korean Consortium will recompense CanAlaska for all exploration expenditures incurred by CanAlaska on the Project since June 1st, 2007. The agreements will be held in temporary escrow with final funding subject to requisite approvals from the respective Boards of the Korean Consortium and from the Korean Government.


Click on hyperlink to view in high resolution  PDF

The Cree East Project is situated in the South-eastern Athabasca Basin, approx. 25 km west of the Key Lake uranium mine, and 20 km south-west of Cameco Corp.'s Millenium uranium deposit. The Project claims were staked by CanAlaska in 2004, and covers 559 sq. km. of the Wollaston-Mudjatik domain rocks. Historical drilling tested alteration zones and targets, generally to the south and east of the property, and current exploration by other companies is revisiting these areas. The depth to the unconformity varies from 100 metres in the south to an inferred 800 metres in the north. From geophysical evidence and past drilling, there appears to be a number of step structures at the unconformity boundary and in the basement.

CanAlaska carried out airborne surveys across the property area in 2005 and determined priority targets. In 2006, detailed collection of over 2,000 surface rock samples and over 400 lake sediment samples by CanAlaska's field crews defined three large areas of dravite and clay alteration on surface, and localised boulder samples containing anomalous uranium.

It is thought that the dravite and clay alteration, coupled with the anomalous uranium in the lakes and boulders in this vicinity indicates the proximity of unconformity and basement style uranium mineralization. The shallow depth to basement also allows close definition of conductive zones and geological structures, using the airborne survey data. 

During the summer of 2007, the Company conducted further IP-Resistivity and Audio Magneto Telluric geophysical surveys. Initial ground geophysical data have provided the Company with evidence of strong alteration in the sandstone horizons overlying these basement conductors. Drilling is planned to commence in the 2007 winter season.

Mr. Peter Dasler, President & CEO of CanAlaska states, "We are most pleased to welcome the members of the Korean Consortium as our strategic exploration partner. We look both to their strategic and financial resources in support of our efforts to discover a major uranium deposit." Mr. Tae-Jin Yang, President & CEO of Hanwha Corp./Trade Division states, "The Korean Consortium has selected CanAlaska's Cree East Project for investment due to its favourable location in the uranium-rich Athabasca Basin. CanAlaska possesses a highly-professional geological team and we look forward to advancing their efforts towards discovery."

About CanAlaska Uranium Ltd. -- http://www.canalaska.com 

CanAlaska Uranium (CVV -- TSX.V, CVVUF -- OTCBB, DH7 -- Frankfurt) is undertaking uranium exploration in seventeen 100%-owned and two optioned uranium projects in Canada's Athabasca Basin. Since September 2004, the Company has aggressively acquired one of the largest land positions in the region, comprising over 2,500,000 acres (10,117 sq. km or 3,906 sq. miles). CanAlaska has expended over Cdn$24 million exploring its properties in the Athabasca Basin and has delineated multiple uranium targets. Initial drilling results from the West McArthur Project revealed uranium mineralization and significant zones of hydrothermal alteration, indicative of a favourable environment for uranium deposition. Active drilling and exploration has continued through the Summer, and Fall 2007 seasons at West McArthur and at 2 other significant projects. The Company's high profile in the prominent Athabasca Basin has attracted the attention of major international strategic partners. Among others, Mitsubishi Development Pty., a subsidiary of Japanese conglomerate Mitsubishi Corporation, has undertaken to provide CanAlaska C$11 mil. in exploration funding to earn 50% of the West McArthur Project. Agreements have also been executed with a Korean Consortium led by Hanwha Corporation to enter into C$19 million investment to earn 50% of the Cree East Project.

About Hanwha Corporation -- http://www.hanwha.co.kr 

The Hanwha Group is Korea's seventh largest conglomerate, with over $20 billion in total sales and a combined market capitalization of $4.65 billion in its listed companies. The Group is active in chemicals & machinery, finance, services and construction. Hanwha Corp. / Trade Division is one of Korea's leaders in the field of industrial materials, including steel, chemicals and petrochemical products. The Division recorded sales of $1.65 billion in 2006 and has contributed to the globalization of the Korean economy through trade, natural resources development and strategic alliances with foreign corporations.

About Korea Electric Power Corporation (KEPCO) -- http://www.kepco.co.kr 

KEPCO is a Korean government invested diversified energy company with assets over $US 83 billion and revenues of over $US 29 billion. The company is involved in the generation, transmission and distribution of electrical power from nuclear, hydro, coal, oil and LNG sources worldwide. KEPCO provides electricity to almost all households in Korea and operates 20 nuclear power plants in the country with eight more under development. The company has over 30,000 employees and is listed on the Korean Stock Exchange and the New York Stock Exchange.

About Korea Resources Corporation (KORES) -- http://www.kores.or.kr 

KORES is a government-owned organization founded in 1967 to promote resources development in Korea. The Corporation has played a pivotal role as a supporting organization of the resources industry in Korea, as well as taking a pioneering leadership position in information technology and financial and advisory services. KORES focuses its efforts in five strategic lines of business: (i) development of domestic resources; (ii) support to the stone and aggregates industry; (iii) expansion of overseas resources; (iv) technical support and consulting to domestic resources industries; and (v) the construction of resource information centers. 

About SK Energy Corporation - http://eng.skenergy.com 

Founded in 1962 as Korea's first oil refiner, SK Energy is one of the world's leading energy and petrochemical companies with 5,000 employees, KRW 23.65 trillion in sales and 26 offices spanning the globe. The company is strategically positioned as Korea's largest -- and Asia's fourth largest -- refiner with a refining capacity of 1.15 million barrels per day, as of 2006. SK Energy's rapid growth in its business sectors -- coupled with an expanding position in China -- has helped position it as one of the most significant enterprises in Asia Pacific's energy marketplace. SK Energy is currently engaged in exploration and development activities in 26 oil / gas blocks in 14 nations worldwide.


On behalf of the Board of Directors

"Peter Dasler"

Peter Dasler, P. Geo.,  President & CEO
Investor Contact: Emil Fung, Vice President, Corporate Development
Tel: +1.604.688.3211 Toll Free (North America) 1-800-667-1870 Email: info@canalaska.com
The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this release: CUSIP#13708P 10 2.
This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission. Not to be construed as an offer to buy or sell securities of CanAlaska Uranium Ltd.

To unsubscribe to our Email list, please click

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Canalaska Uranium Ltd

EXPLORATEUR
CODE : CVV.V
ISIN : CA13708P2017
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Canalaska Uranium est une société d’exploration minière d'uranium et de nickel 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.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de Canalaska Uranium Ltd
25/07/2011CanAlaska Uranium Identifies Multiple Conductors From ZTEM A...
Financements de Canalaska Uranium Ltd
11/07/2016Closes $1,120,000 Private Placement
22/06/2016Amended: CanAlaska Arranges $1,120,000 Financing
20/06/2016Arranges $1,120,000 Financing
18/05/2016Enters into $20.4 Million Deal with De Beers
28/10/2015Extends Financing and Exhibiting at NOLA
19/05/2011Non-Brokered Private Placement
06/01/2011. - NON-BROKERED PRIVATE PLACEMENT - FINAL CLOSING
24/12/2010NON-BROKERED PRIVATE PLACEMENT - INITIAL CLOSING
18/08/2009Closes First Tranche of Private Placement
Nominations de Canalaska Uranium Ltd
07/01/2014Appoints Honorable Kathleen Kennedy Townsend as Director
03/06/2011Appointment of Chairman and New Director
06/04/2010Appoints Chief Financial Officer
28/06/2007Forms New Advisory Board and Appoints New Board Director and...
12/06/2007's New Saskatchewan Office and Regional Manager
Projets de Canalaska Uranium Ltd
18/05/2016CanAlaska enters in to $20.4 million option with De Beers fo...
02/11/201343-101 Filing and Shareholder Update
26/09/2013NW Manitoba Uranium Property Agreement
20/09/2013Property Update
27/03/2012Exploration Recommences at NW Manitoba Uranium-REE Project
30/11/2011Cdn $3.1 Million Winter Drill Program Approved at Cree East ...
30/08/2011on Drilling at Cree East Uranium Project
13/06/2011Commences Summer Geophysics
16/03/2011(Fond Du Lac)COMMENCES DIAMOND DRILLING AT FOND DU LAC MAIN DEPOSIT
21/06/2010(West Mcarthur)Winter Drilling Results
29/01/2010(Mctavish)& Kodiak Start Drilling at McTavish
16/09/2009(Fond Du Lac)Finds Uranium Mineralization along 2.4 km trend at West Fond...
25/06/2009(Poplar Project)Summer Exploration to Commence at Poplar Uranium Project
04/06/2009(West Mcarthur)West McArthur Uranium Project drill results
05/06/2009(Black Lake Project)Drilling resumes at Black Lake Uranium Project
26/02/2009(Fond Du Lac)Further Drill Results from Uranium Zone at Fond Du Lac Proje...
23/01/2009(Cree East Project)Commences $4.6 Million Winter Exploration Program with 13,60...
15/09/2008(Fond Du Lac)Intersects Uranium Zone at Fond du Lac Project
03/06/2008(Ne Wollaston)and Great Western Minerals to Explore High Grade Rare Earth ...
09/05/2008(Key Lake)Completes Winter Uranium Drilling
11/03/2008(Wollaston Ne) Stakes New Rare Earth Project: 2008 Drilling Update
02/11/2007(Wollaston Ne) New High Grade Uranium Assays from Summer Program
30/08/2007(West Mcarthur)'s West McArthur Project Hole #10 Intersects 0.29% U3O8
23/08/2007's New High Grade Uranium-Rare Earth Target in Manitoba
21/08/2007(Athabasca Basin - Canalaska)Perched Uranium Mineralization at Stewart Island
29/05/2007(Athabasca Basin - Canalaska)Winter Program Intersecting Uranium Zones: Drilling to Conti...
15/05/2007(Athabasca Basin - Canalaska) Primed for a Big Uranium Discovery in Athabasca
Communiqués de Presse de Canalaska Uranium Ltd
26/07/2016CanAlaska Partners to Resume Drilling at West McArthur and P...
11/07/2016CanAlaska Announces Closing of $1,120,000 Private Placement
05/07/2016CanAlaska Appoints Harry Chan Corporate Secretary
23/06/2016De Beers Completes KIM Sampling at West Athabasca
20/06/2016CanAlaska Arranges $1,120,000 Financing
31/05/2016Cameco Plans Summer Drilling at CanAlaska's West McArthur Pr...
11/05/2016CanAlaska Presenting at Metals Investor Forum
10/05/2016Presenting at Metals Investor Forum
19/04/2016Peter Dasler Provides Update
25/01/2016Drilling to Commence by Denison on CanAlaska's Moon Claim
21/01/2016CanAlaska and MC Resources Canada Ltd. agree on West McArthu...
05/01/2016CanAlaska Options Uranium Property to Denison Mines
27/11/2015CanAlaska: Drilling to Commence at Patterson West, Current F...
28/10/2015CanAlaska: Extension of Financing and Attendance at New Orle...
25/09/2015CanAlaska Announces Results of Annual General Meeting of Sha...
24/08/2015Northern Uranium Intersects Two Highest Gamma Radiation Dril...
06/07/2015Lightbridge Annual Meeting of Shareholders Conference Call a...
02/07/2015Northern Uranium Drill Hole MG15DD-0016 Intersects Highest G...
17/06/2015Northern Uranium Commences Summer Drill Program
22/04/2015CanAlaska: Significant Uranium Mineralization Intersected at...
22/04/2015Northern Uranium Intersects Significant Uranium Mineralizati...
13/04/2015Strong Gravity Anomaly Discovered at Patterson West Uranium ...
02/03/2015CanAlaska Uranium Reports on Multiple Projects
28/12/2013Winter Budgets and Shareholder Update
23/12/2013All the best in 2014
25/06/2013Director Hubert Marleau Retires
21/03/2013Adopts Advance Notice Policy
17/01/2013Acquires Patterson Claims
03/10/2012AGM; Grant of Incentive Stock Options
21/09/2012Engages Financial Advisor
19/06/2012(West Mcarthur)Drill Hole Chemistry at West McArthur Project Enhances Urani...
31/05/2012(Cree East Project)ASSAY RESULTS FOR CREE EAST PROJECT SHOW MULTI-ELEMENT ALTER...
11/05/2012Geophysical Surveys Define New Uranium Drill Targets at NW M...
13/04/2012(West Mcarthur)Winter Drilling at West McArthur and Cree East Uranium Proje...
03/03/2012Visit CanAlaska Uranium at the 2012 Prospectors and Develope...
23/01/2012Commences 2012 Drill Programs
10/06/2011TO LIST ON TORONTO STOCK EXCHANGE (TSX)
20/08/2010Reports Drill Results From Collins Bay Extension Project
29/07/2010Commences ZTEM Airborne Survey for West McArthur Project
02/11/2009will be presenting at the Edelmetall & Rohstoffmesse Confere...
05/08/2009drills 140 ppm Uranium and elevated Nickel in first holes at...
06/02/2009Gold-Platinum Mineralization found at Poplar Project, Northe...
10/12/2008New CFO Joins CanAlaska Uranium / Four Drill Programs for Ur...
02/10/2008Facts and Figures
01/10/2008John Kowalchuk Joins CanAlaska Exploration Team
29/09/2008$10 Million Exploration Update from CanAlaska's AGM
08/07/2008to Commence Summer Drilling on Cree East Uranium Targets
25/06/2008Mobilizes Summer 2008 Exploration
12/10/2007Korean Consortium Execute $19 Million Investment in Cree Eas...
03/10/2007and Mega Uranium Sign $8 Million Agreement to Explore Poplar...
19/09/2007, Uranium Prospects, and Yellowcake: Grease River Uranium Pr...
11/09/2007Latest Corporate Video
31/07/2007Korean Consortium Finalizing Investment in Cree East Project
09/07/2007Commences New Uranium Drill Program at Helmer Lake
25/06/2007Progresses Exploration Venture with Korean Consortium
22/06/2007 and Yellowcake Accelerate Uranium Exploration at Grease Riv...
14/06/2007Harry Barr to step down as Chairman of CanAlaska Uranium Ltd...
12/06/2007Adopts Shareholders Rights Plan
07/05/2007to Collaborate with Korean Consortium in Uranium Exploration
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (CVV.V)OTC BB (CVVUF.OB)
0,680-1.45%0,160+0.00%
TSX-V
CA$ 0,680
18/09 17:00 -0,010
-1,45%
Cours préc. Ouverture
0,690 0,690
Bas haut
0,660 0,700
Année b/h Var. YTD
0,370 -  0,750 83,78%
52 sem. b/h var. 52 sem.
0,340 -  0,750 58,14%
Volume var. 1 mois
359 380 3,03%
24hGold TrendPower© : 8
Produit
Développe
Recherche Cobalt - Copper - Nickel - Rare earth - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 16/12/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
202478,95%0,790,36
2023-2,56%0,630,29
2022-18,75%0,730,27
2021-2,04%0,840,37
2020104,17%0,500,09
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,05 AU$+0,43%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
8,91 US$-2,73%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,59 GBX-3,26%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,05 CA$+10,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,06 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
12,67 +0,88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,34 CA$+6,25%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,18 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,77 -2,21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
40,37 US$-0,22%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.