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CanAlaska Commences Key Extension Maiden Drill Program
Drilling Focused on Priority Uranium Targets 10 Kilometres from Key Lake Mine and Mill Coinci...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Commences Key Extension Maiden Drill ProgramDrilling Focused on Priority Uranium Targets 10 Kilometres from Key Lake Mine and Mill Coincident Ground Gravity Anomalies and EM Conductors Along the Prolific Key Lake FaultVancouver, British Columbia--(Newsfile Corp. - February 14, 2023) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (\"CanAlaska or the \"Company\") is pleased to announce completion of the temporary work camp and mobilization of drill crews and equipment to the Key Extension project in the southeastern Athabasca Basin. The 2023 Key Extension drill program will focus on phase-one exploration of newly defined exploration targets generated through a series of geophysical programs completed in 2022. The Key Extension project is located approximately 10 kilometres southwest of the Key Lake mine and mill near Highway 914 (Figure 1). Figure 1 – Key Extension Project Location To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/154690_86dc028aa4a57852_002full.jpgCanAlaska CEO, Cory Belyk, comments, \"The CanAlaska team has generated several very intriguing drill targets defined by multiple geophysical surveys. Results from these surveys closely resemble results commonly found in association with major basement-hosted uranium deposits in the Athabasca Basin region, namely NexGen's Arrow deposit and Cameco's Eagle Point deposit. This maiden drilling program is designed to test several of these targets where they are associated with the interpreted location of the large Key Lake fault, host to the nearby Deilmann and Gaertner ore bodies that together produced over 150 million pounds of uranium. I am very excited about the potential for this project to be among the front-runners for new discoveries in the eastern Athabasca Basin right next to all the critical infrastructure of Cameco's Key Lake mill.\" Figure 2 – Priority Target Areas for Winter Drill Program To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/154690_86dc028aa4a57852_004full.jpgThe Company completed a ground gravity survey on the project that defined three high-priority gravity anomalies. These ground gravity anomalies are associated with historically mapped conductors in areas where these conductors bend o...