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CanAlaska Identifies Uranium Targets in Western Athabasca
15 Kilometre Strongly Conductive Target Corridor Identified Corridor Mirrors Saskatoon Lak...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Identifies Uranium Targets in Western Athabasca15 Kilometre Strongly Conductive Target Corridor IdentifiedCorridor Mirrors Saskatoon Lake Conductor - Host to the Large Shea Creek Uranium Deposits Vancouver, British Columbia--(Newsfile Corp. - December 9, 2021) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce that compilation work on the Company's newly acquired Carswell project, totalling 13,352 hectares, in the western Athabasca Basin has identified a conductive structural corridor which joins the Beatty River Fault zone to the Carswell structure (Figures 1 & 2). The conductive corridor wraps around a large magnetic-high body, which on the opposite side of the magnetic feature, is mirrored by the Saskatoon Lake conductor. The Saskatoon Lake conductor is host to the high-grade Shea Creek uranium deposits. The Company is completing further compilation of the newly acquired Carswell project and is actively seeking Joint Venture partners. Carswell Project LocationTo view an enhanced version of this map, please visit:https://orders.newsfilecorp.com/files/2864/107175_53bbd3cfd4e259b8_001full.jpgCanAlaska's Carswell project is located 15 km east of the Shea Creek deposits, owned by Orano Canada and UEX Corporation. The Shea Creek deposits are located along the Saskatoon Lake Conductor, which runs perpendicular to the Beatty River Fault zone, connecting it to the Carswell Structure. The apparent connection between the Beatty River Fault zone and the Carswell structure along these perpendicular conductive corridors in the Saskatoon Lake conductor and on the Carswell project presents a compelling exploration target. The Shea Creek deposits consist of four deposits of unconformity- and basement-hosted uranium mineralization, which combined host 95 million lbs of U3O8 at an average grade of 1.47%. The Shea Creek deposits form one of the largest undeveloped uranium resources in the Athabasca Basin. Carswell Project Compilation MapTo view an enhanced version of this map, please visit:https://orders.newsfilecorp.com/files/2864/107175_53bbd3cfd4e259b8_002full.jpgCanAlaska's Carswell project covers 15 km of a 24 km long magnetic low, coincident with a conductive corridor, that runs along the eastern edge of a large magnetic-high body. Along the western edge o...