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CanAlaska Announces 10,000 Metre Phase 2 Drill Program Started on Manibridge High-Grade Nickel Project
Targets Focused Within Shadow of Past-Producing Mine Meet Management at Prospectors and De...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Announces 10,000 Metre Phase 2 Drill Program Started on Manibridge High-Grade Nickel ProjectTargets Focused Within Shadow of Past-Producing MineMeet Management at Prospectors and Developers Association of Canada Convention June 13 - 15Vancouver, British Columbia--(Newsfile Corp. - June 8, 2022) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce that its partner, Metal Energy, has started a phase two 10,000 metre drill program on the Manibridge high-grade nickel project in the Thompson Nickel Belt, Manitoba (Figure 1). Drilling will be focused within the shadow of the past-producing Manibridge Nickel Mine that produced 1.3 million tonnes at an average grade of 2.55% nickel and 0.27% copper from 1971 to 1977.Figure 1 – Manibridge Property Location To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/2864/126849_0a2cb9844438eb1f_001full.jpgThirty-three drill holes, for a total of 10,000 metres, are planned within 600 metres of the past-producing Manibridge high-grade nickel mine. The program will consist of a series of drill fans along 50-metre spaced drill setups designed to characterize the nickel-copper sulphide mineralization and geology of the mineral system. The planned program will follow up on the results of a recently completed six drillhole program operated by CanAlaska in the spring of 2022 where disseminated and remobilized nickel-copper sulphide mineralization was intersected in all six drillholes. Occurrences of massive and net-textured sulphides were documented in several holes and intense serpentinization alteration of the sulphide-bearing ultramafic host rocks was also noted. A handheld portable Niton XRF confirms the presence of nickel and copper within the sulphide-bearing intervals and assays are pending.The summer 2022 drilling program is being solely funded by the current operator, Metal Energy Corp., as part of a staged earn-in option agreement. CanAlaska currently holds a 51% interest in the project. CanAlaska CEO, Cory Belyk, comments, \"The phase one drilling program completed this past winter had a 100% success rate intersecting nickel mineralization highlighting the potential of the Manibridge area to host additional significant high-grade nickel. The phase two pr...