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CanAlaska Drills Elevated Radioactivity at Key Extension Project
Multiple Graphitic Fault Structures with Hydrothermal Alteration Intersected 16 Kilometres o...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Drills Elevated Radioactivity at Key Extension ProjectMultiple Graphitic Fault Structures with Hydrothermal Alteration Intersected 16 Kilometres of New Uranium Target Corridor IdentifiedDrilling Continues at West McArthur JV and Moon Lake South ProjectsVancouver, British Columbia--(Newsfile Corp. - April 4, 2023) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FES: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce successful completion of the 2023 drilling program at the Key Extension project (Figure 1). The program focused on initial drill testing of newly defined targets generated through a series of geophysical programs completed in 2022. The Company reports the objectives of the program were met, identifying multiple graphitic packages with large reactivated and brecciated fault zones, associated hydrothermal alteration, and elevated radioactivity.  Figure 1 – Key Extension Project LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/161175_32d1aada04ad196d_002full.jpgThe Key Extension project is located approximately 10 kilometres southwest of the Key Lake uranium mine and mill near Highway 914. The 2023 drill program consisted of 2,239 metres in seven drill holes. This program represents CanAlaska's first drill holes on the Key Extension project and significant results were received in three main target areas (Figure 2). Figure 2 – 2023 Drill Program Target Areas and Results To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/161175_32d1aada04ad196d_004full.jpgTarget Area 1, three drill holes were completed, focusing on a large gravity low where the Key Lake fault is interpreted to intersect a conductive package that marks the Wollaston-Mudjatik domain boundary. Drill holes in target area one intersected features commonly associated with basement-hosted uranium deposits, which include the presence of 20 - 40 metre wide stacked graphitic packages containing multiple metre to sub-metre scale semi-brittle fault zones. The semi-brittle fault zones are characterized by graphite-rich clay gouges and breccias associated with hydrothermal chlorite, clay, silicification, and secondary hematite alteration in the structures and surrounding wall rocks (Figure 3). In addition, drill ho...