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CanAlaska Prepares for 2,000 Metre Drill Program at Geikie Uranium Project
Drilling Will Focus on Shallow High-Priority Basement-Hosted Uranium Targets, Program Will Be Ful...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Prepares for 2,000 Metre Drill Program at Geikie Uranium ProjectDrilling Will Focus on Shallow High-Priority Basement-Hosted Uranium Targets, Program Will Be Fully Funded by Basin Energy Ltd; Operated by CanAlaskaVancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (\"CanAlaska or the \"Company\") is pleased to announce ongoing preparation for a drill program on it's 60%-owned Geikie project in the Athabasca Basin (Figure 1). The drill program will be focused on testing shallow, high-priority targets that have been compiled from recent high-resolution airborne radiometric, magnetic, and electromagnetic surveys in combination with prospecting, structural mapping, and historical data review. The Company has secured contractors with mobilization to the project area, planned for the second week of June. This initial 2,000 metre program is planned to consist of 8 drill holes. Figure 1 – Geikie Project LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/168111_06195952a4a6d995_002full.jpg2023 Geikie Summer Drill ProgramThe drill program will be focused on testing a northeast trending conductor system, striking through the southern half of the property, that was identified during the recently completed VTEM Plus survey (Figure 2). A series of splays and offsets along this conductor are visible, often in correlation with intersections of regionally significant deep-seated, north-south trending faults, interpreted to be part of the Tabbernor Fault System. In addition, historical drillholes completed on this conductor trend identified stratigraphically-controlled and structurally-enhanced graphite proximal to the main conductor target. Structurally reactivated graphite-rich metasedimentary rocks are important hosts for basement-hosted uranium targets.Figure 2 – Geikie Project Priority Drill Target Locations To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/168111_06195952a4a6d995_003full.jpgDrilling services for the Geikie project have been contracted to Athabasca Catering Limited Partnership, a 100% First Nations-owned company, who are partnered with ITL Diamond Drilling Ltd. Helicopter services for the project are being provided by...