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CanAlaska Acquires Third Nickel-Cobalt Project in Thompson Nickel Belt
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2018) - CanAlaska Uranium Ltd. ...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Acquires Third Nickel-Cobalt Project in Thompson Nickel BeltPresenting at PDAC 2018, March 4-9, Booth 2140, and PDAC Uranium ForumVancouver, British Columbia--(Newsfile Corp. - March 1, 2018) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce that it has staked 15 claims (about 3,800 hectares) to cover historical nickel and possible cobalt mineralization adjacent to the Manibridge nickel mine in north central Manitoba. The Manibridge nickel deposit was mined from 1971 to 1977. Original resources were 1.5 million tons at 2.25% nickel and 0.27% copper. Although cobalt was not reported, cobalt mineralization exists in other deposits in the Thompson Nickel Belt.Figure 1: North Manibridge ProjectCannot view Figure 1? Please visit: https://orders.newsfilecorp.com/files/2864/33212_a1519881620161_69.jpgThe project is located in an area of generally high nickel tenor grade mineralization, with a number of untested targets which are outlined by discovery drill holes, and recent airborne geophysical surveys.The VTEM airborne, flown in 2007, provides targets, within mapped Opswagan Group stratigraphy, and drilling has confirmed high grade nickel mineralization associate with the first target located 3 kilometres north of the Manibridge mine. A key component of the first work on the property will be to establish the grade of the cobalt mineralization within the target area, as well as look for any possible higher grade re-concentration of the cobalt. The Thompson Nickel Belt is a 350 kilometre long nickel dominant mineral belt located in northern Manitoba. The Belt hosts a number of massive to disseminated nickel sulphide deposits. Major nickel sulfide deposits include the Thompson, Birchtree, Soab and Manibridge deposits. Based in the town of Thompson, Vale operates the Birchtree and Thompson nickel mines. Mines in the Thompson area have produced over 4 billion pounds (1.8 billion kilograms) of nickel over the past 50 years, as well as significant cobalt. The Belt's extensive nickel mineralization associated with mafic-ultramafic rocks makes the region a major exploration frontier for discovery of new sulphide nickel-cobalt deposits. Table 1: Historical drill intercepts on CanAlaska claimsCannot view Table 1? Please visit:https://orders.newsfilec...