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CanAlaska Announces Best Uranium Intersection to Date at West McArthur's Pike Zone
Ultra High-Grade Unconformity Uranium Intersection of 14.5 metres at 12.20% eU 3 O 8 inc...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Announces Best Uranium Intersection to Date at West McArthur's Pike ZoneUltra High-Grade Unconformity Uranium Intersection of 14.5 metres at 12.20% eU3O8 includes 5.0 metres at 34.38% eU3O8Ultra High-Grade Extended East on New Section; Remains Open on StrikeSaskatoon, Saskatchewan--(Newsfile Corp. - February 5, 2025) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) (\"CanAlaska\" or the \"Company\") is pleased to provide an update on the ongoing winter diamond drill program at the Pike Zone on the West McArthur Joint Venture Project (the \"Project\"). The Company is releasing the results from the first five drillholes that have been completed as part of the winter program. These results are highlighted by WMA076-01 which intersected 14.5 metres at 12.20% eU3O8, including 5.0 metres at 34.38% eU3O8. WMA076-01 expands the ultra high-grade footprint of the Pike Zone at the unconformity by at least 15 metres to the east. The ultra high-grade mineralization remains open on strike. The West McArthur project, a Joint Venture with Cameco Corporation, is operated by CanAlaska that holds an 85.97% ownership in the Project (Figure 1). CanAlaska is sole-funding the 2025 West McArthur program and will further increase its majority ownership in the Project as a result.Figure 1 – Project Location MapTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/239655_3843a52454dd5856_002full.jpgCanAlaska CEO, Cory Belyk, comments, \"We are very pleased to announce to our shareholders the initial results from the 2025 drilling program at Pike Zone which include the best ultra high-grade uranium mineralization encountered to date on the project. This ultra high-grade intersection at the eastern end of Pike Zone is on an adjacent drill section and remains completely open on strike which is a very exciting outcome from the first few weeks of drilling. In addition, the team is working on discovering, understanding, and defining additional zones of high-grade 'pearls on a string' that make these eastern Athabasca Basin deposits unique. The style and grade of uranium mineralization we are encountering at Pike Zone continues to be very reminiscent of the nearby giant McArthur River tier 1 uranium deposit owned by Cameco and Orano. Initial results from this 2025 drill campaign have b...