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CanAlaska Commences West McArthur Uranium Drilling
Two Drills to Operate on Multiple Targets Initial Focus on High-Grade Uranium Intersection...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Commences West McArthur Uranium DrillingTwo Drills to Operate on Multiple TargetsInitial Focus on High-Grade Uranium Intersections at 42 ZoneAdditional New Targets Identified With Latest Geophysical ProgramVancouver, British Columbia--(Newsfile Corp. - June 9, 2022) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce its mobilization of drill crews and equipment as part of the approved $5 million 2022 program on the West McArthur uranium project in the eastern Athabasca Basin. The project is operated by CanAlaska. CanAlaska holds a 76.51% ownership in the project and will fully fund the exploration in 2022 to increase its interest in the Joint Venture.Figure 1 – West McArthur Property Location Map To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/2864/127026_6a287e41846f7b85_002full.jpgThe West McArthur project 42 Zone mineralization is located 12 kilometres west of Cameco and Orano's McArthur River uranium mine, within the Grid 5 survey area. Drilling to date has discovered a large sandstone alteration halo above high-grade uranium mineralization located at the unconformity. The 42 Zone controlling structure is part of the C10 fault corridor. The C10 fault corridor hosts the nearby Fox Lake uranium deposit to the northeast (68 M pounds U3O8 @ 7.99%), discovered by Cameco and Orano (Figure 1). During the 2021 drilling program, the Company successfully extended the 42 Zone mineralization, which now has a length of 120 metres and is open in at least three directions. Figure 2 – 42 Zone and Extension Drill Targets To view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/2864/127026_6a287e41846f7b85_005full.jpgThe primary goal of the 2022 drill program is continued expansion of the 42 Zone, both to the northeast and southwest of the defined footprint (Figure 2). During the 2021 drilling program, the Company identified a new high-grade intersection of 1.62% eU3O8 over 2.6 metres (m) from 796.1 m within a 10 metre wide interval averaging 0.76% eU3O8 (See Press Releases Dated April 14th, 2022). Unfortunately, within the highest grade section of the mineralized zone in WMA063-1, strong clay alteration and faulting resulted in very poor core recovery and only 5% of the ...