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Retransmission: CanAlaska Partners to Resume Drilling at West McArthur and Patterson
VANCOUVER, BC / ACCESSWIRE / July 26, 2016 / CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB:...
About this update from Cameco Corporation
[{"type":"text","content":"Retransmission: CanAlaska Partners to Resume Drilling at West McArthur and PattersonVANCOUVER, BC / ACCESSWIRE / July 26, 2016 / CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N), (\"CanAlaska\" or the \"Company\") is pleased to report that Cameco's (Cameco Corporation (TSX: CCO) (NYSE: CCJ)) exploration team will resume drilling shortly at CanAlaska's West McArthur project along trend from Cameco's high-grade Fox Lake uranium discovery. Makena Resources will also be drilling at the Company's West Patterson property to followup the first drill hole that encountered radioactivity along the entire length of rock tested.\nCameco to Resume Drilling Along Trend of High-Grade Fox Lake Discovery \nCameco's uranium exploration team has now established access to the C10 conductor targets south of drill hole WMA035, which was drilled in April of this year. This planned drilling, announced on May 31, has been delayed because of ground conditions which hampered summer access. Drilling is scheduled to commence in late July or early August.\nImage: https://www.accesswire.com/uploads/CanALASKA2221.jpg \n\nCanAlaska Cameco Option Map\nTo view an enhanced version of CanAlaska Cameco Option Map, please visit: https://www.accesswire.com/uploads/CanALASKA2221.jpg.\nCanAlaska and Cameco are exploring the West McArthur Uranium project under a $12.5 million Agreement. The project covers 35,830 hectares (88,536 acres) commencing 6 kilometres (4 miles) northwest of Cameco's majority owned McArthur River uranium mine. Importantly, West McArthur is immediately adjacent to Cameco's recently disclosed Fox Lake uranium discovery with reported inferred resources of approximately 68.1 million pounds based on 387,000 tonnes at 7.99% U3O8. The Fox Lake discovery is within the Read Lake project operated by Cameco (Cameco 78.2%, Areva 21.8%). For more information about the West McArthur project visit http://www.canalaska.com/s/West_McArthur.asp?ReportID=560713.\nMakena to Resume Drilling on Large Gravity Target on West Patterson Property\nMakena Resources Inc. has scheduled the next phase of drilling at the West Patterson prospect in the Athabasca basin of Saskatchewan for early August. Makena anticipates the drill program to consist of at least three to five holes. A previous drill hole intersected a continuous section of anomalous radiometric respons...