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CanAlaska Intersects 11.5 Metres of 10.84% eU3O8 Unconformity Uranium at Pike Zone on West McArthur Joint Venture
Drillhole WMA082-6 Intersected 11.5 metres at 10.84% eU 3 O 8 ; including 9.5 metres at 1...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Intersects 11.5 Metres of 10.84% eU3O8 Unconformity Uranium at Pike Zone on West McArthur Joint VentureDrillhole WMA082-6 Intersected 11.5 metres at 10.84% eU3O8; including 9.5 metres at 12.99% eU3O8Unconformity Offset Encountered; Winter Drill Program ContinuesVancouver, British Columbia--(Newsfile Corp. - March 27, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) (\"CanAlaska\" or the \"Company\") is pleased to report that two additional drillholes have been completed on the Pike Zone during the 2024 winter drilling program. WMA082-6 has intersected 10.84% eU3O8 over 11.5 metres, including 12.99% eU3O8 over 9.5 metres. WMA082-5 has intersected 1.40% eU3O8 over 4.5 metres, including 2.78% eU3O8 over 2.0 metres. These drillholes were completed as follow-up targets to WMA082-4 which intersected 13.75% eU3O8 over 16.8 metres, including 40.30% eU3O8 over 4.7 metres and 13.54% eU3O8 over 2.4 metres. Drilling at the Pike Zone was completed as part of the ongoing winter exploration program on the West McArthur Joint Venture project (the \"Project\") in the eastern Athabasca Basin. The West McArthur project, a Joint Venture with Cameco Corporation, is operated by CanAlaska that holds an 83.35% ownership in the Project (Figure 1). CanAlaska is sole-funding the 2024 West McArthur program, further increasing its majority ownership in the Project.Figure 1 – West McArthur Project LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/203204_8af95563f4c8290f_002full.jpgDrillhole WMA082-6 intersected one main interval of uranium mineralization grading 10.84% eU3O8 over 11.5 metres from 798.0 metres (Figure 2 - Table 1). The mineralization in the sandstone immediately at the unconformity contact between the Athabasca sandstone and underlying basement rocks, interpreted to be at 803.0 metres, is characterized by massive to semi-massive and nodular uranium mineralization associated with yellow and orange uranium secondaries and hematite alteration (Figure 3). Uranium mineralization continues into the basement rocks of WMA082-6 and is characterized by nodular, disseminated, clay-hosted, foliation-controlled, and fracture-controlled veinlets of uranium mineralization associated with localized pale-yellow uranium secondaries and strong basement alteratio...