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CanAlaska Commences Airborne Gravity Survey at Geikie Project in Athabasca Basin
Falcon Airborne Survey to Extend Existing Targets and Generate New Targets for Drilling Two Dr...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Commences Airborne Gravity Survey at Geikie Project in Athabasca BasinFalcon Airborne Survey to Extend Existing Targets and Generate New Targets for DrillingTwo Drill Program Underway at Pike Zone Discovery on West McArthur JV ProjectVancouver, British Columbia--(Newsfile Corp. - August 22, 2023) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (\"CanAlaska or the \"Company\") is pleased to announce it has commenced a detailed fixed-wing Falcon Airborne Gravity Gradiometer (AGG) survey on its Geikie uranium project (the \"Project\") near the Athabasca Basin margin (Figure 1). The survey consists of 1,838 line-kilometres of airborne surveying at 200 m spacing across the majority of the Geikie project (Figure 2). The purpose of the AGG survey is to identify potential target areas of enhanced basement alteration associated with previously interpreted and drill defined structural corridors. Figure 1 – Geikie Project LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/177992_5f64f62d84b0a998_002full.jpgThe Company recently announced results from the 2023 summer drill program representing CanAlaska's first drill holes on the Geikie project. The drill program was focused on a 15-kilometre-long conductive structural corridor with three main target areas. Results from the program confirmed the presence of hydrothermal alteration systems hosted within a complex structural framework at Geikie which is important in the formation of basement-hosted high-grade uranium deposits. Drillholes intersected graphitic host rocks, showing evidence of multiple post-Athabasca structural reactivation events along north-south and northwest trending faults, hydrothermal alteration, and elevated radioactivity. Early results from the Preston Creek and Aero target areas, specifically the hydrothermal alteration associated with structures, suggest that AGG surveying is an optimal geophysical tool to refine future drill targets. The AGG survey is designed to identify potential target areas where basement alteration intensifies adjacent to and within drill confirmed and regional interpreted structures. AGG surveys are focused on identifying gravity lows which are interpreted to be caused by hydrothermal fluids altering basement rocks to clay. The survey method is a prov...