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CanAlaska Announces Waterbury South Uranium Targets Extended in Latest Winter Drill Program
Strong Clay and Sulfide Alteration Halo Associated With Previously Discovered Polymetallic Ur...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Announces Waterbury South Uranium Targets Extended in Latest Winter Drill ProgramStrong Clay and Sulfide Alteration Halo Associated With Previously Discovered Polymetallic Uranium Mineralization ExtendedStructurally-Complex Area Identified in Sandstone and Deep Into BasementUpdate on Corporate Activities in the Athabasca Basin and Thompson Nickel BeltVancouver, British Columbia--(Newsfile Corp. - March 31, 2022) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce the successful completion of the 2022 drilling program at its 100%-owned Waterbury South uranium project. The project is located approximately 10 km southeast of the producing Cigar Lake uranium mine in the Eastern Athabasca Basin (Figure 1). Figure 1 - Property location map for the Waterbury South project.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/2864/118720_3b10fe44b442ebe8_001full.jpgThe drill program was focused on extending and understanding the geological controls of the polymetallic unconformity uranium mineralization associated with nickel, arsenic, cobalt, and zinc, intersected during the previous 2021 winter drill program (see News Release dated June 17, 2021). Program objectives were successfully met with the completion of six drill holes totalling 2,787 metres (m). Results indicate a structurally-complex fault system that extends the footprint of previously intersected strong sandstone and deep basement alteration. Figure 2 - Drillhole section along WAT009 and WAT010 showing the distribution of the strong alteration and structure in the lower sandstone and basement along the fence. To view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/2864/118720_3b10fe44b442ebe8_002full.jpgDrillhole WAT010, drilled along the same fence as WAT009, targeted the unconformity projection of strong faulting intersected in the basement of WAT009. WAT010 intersected the unconformity target approximately 52 m north of WAT009 on section. The drillhole intersected a strongly altered and structured lower sandstone column with strong bleaching, pyrite, clay alteration, secondary hematite, desilicification, and clay-replaced sandstone (Figure 2). Strong bleaching and chlorite alteration extends over 60 m into the basement ...