About CanAlaska Uranium
CanAlaska Uranium Ltd. (TSX-V: CVV; OTCQX: CVVUF; Frankfurt: DH7) is a Canadian based exploration company and holds interest in approximately 500,000 hectares (1,235,000 acres) in Canada’s Athabasca Basin focused on exploration and discovery of high-grade unconformity uranium deposits. The Company is actively advancing the Pike Zone discovery – a new high-grade uranium discovery on its West McArthur Joint Venture project in the eastern Athabasca Basin. In addition, the Company has several other uranium-focused exploration programs. CanAlaska deploys a hybrid project generator model, focusing on the acquisition and sale of prospective projects, while also executing exploration programs on CanAlaska’s most strategic land holdings. The Company’s extensive portfolio has attracted international mining companies, including Cameco Corporation and Denison Mines as active partners. CanAlaska is led by an experienced team of professionals with a proven track record of discovery.
KEY URANIUM PROPERTIES
WEST McARTHUR PROJECT
- Close to the world’s richest Uranium Mine, Cameco’s McArthur River
- Adjacent to Fox Lake Deposit, discovered by Cameco in 2013
- Over $25 million of work successfully identified 7 Target Areas
- “Pike Zone” – Unconformity-hosted high-grade uranium discovery made in summer of 2022 is the main focus of the Company’s recent efforts on the project
- Multiple exploration targets remain on property
- Objective: a large unconformity-basement uranium deposit
- CanAlaska is 80% owner and operator of Joint Venture with Cameco
MOON LAKE SOUTH
- Close to Denison Mines Phoenix and Gryphon deposits
- Unconformity-associated high-grade uranium discovery in winter of 2023 currently being evaluated
- Multiple exploration targets remain along 4 kilometre long under explored CR-3 corridor
- CanAlaska is 25% owner in the project with Denison Mines
CREE EAST PROJECT
- Located 35 kilometers from the Key Lake Mine
- 56,000 hectares land package
- Objective: a large unconformity uranium deposit
- Extensive uranium bearing systems, 9 target areas being tested
- Over $19 million invested by prior Korean partnership
- Recently completed property option agreement with Nexus Uranium for the project
To learn more about CanAlaska, please contact:
Cory Belyk, CEO
T: 306.668.6900
For more on the activity in the Athabasca Basin area and to see the digital map, go to https://digigeodata.com/area/athabasca-basin/