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CanAlaska Intersects 21.6 Metres of 3.44% eU3O8 at Pike Zone on West McArthur Joint Venture
Intersection Includes 5.4 metres of 10.90% eU 3 O 8 at the Unconformity Two-Drill Sum...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"\nCanAlaska Intersects 21.6 Metres of 3.44% eU3O8 at Pike Zone on West McArthur Joint VentureIntersection Includes 5.4 metres of 10.90% eU3O8 at the UnconformityTwo-Drill Summer Program Continues at West McArthur ProjectVancouver, British Columbia--(Newsfile Corp. - July 9, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) (\"CanAlaska\" or the \"Company\") is pleased to report that drillhole WMA082-7 has intersected 3.44% eU3O8 over 21.6 metres, including 10.90% eU3O8 over 5.4 metres at the Pike Zone as part of the ongoing summer exploration program on the West McArthur Joint Venture project (the \"Project\") in the eastern Athabasca Basin. WMA082-7 was the first drillhole completed at the Pike Zone during the summer program where the focus is continued delineation and expansion of the ultra high-grade Pike Zone uranium discovery at the unconformity. The program is focused on following up two recent high-grade intersections in WMA082-6 (14.9% U3O8 over 9.6 metres) and WMA082-4 (9.9% U3O8 over 14.5 metres). 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/2864/215915_8ebe8a91244daaea_001full.jpgCanAlaska CEO, Cory Belyk, comments, \"The continuation of ultra high-grade uranium mineralization at the unconformity and over significant width in the first drillhole of the summer program is a very encouraging indication that the Pike Zone discovery will incrementally grow as drilling continues through the summer. The CanAlaska team has been working methodically to understand and evaluate the current drill section. Drilling on adjacent sections will be designed to start defining the potential footprint of the known high-grade mineralization. CanAlaska shareholders can expect continued news flow during this time as this exciting discovery is advanced with the drill-bit.\" Figure 2 – Pike Zone Summer Drill ResultsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/215915_8ebe8a91244daaea_004full.jpgD...