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CanAlaska Reports Significant Alteration In First Drill Program At Geikie Uranium Project
Structurally Controlled Hydrothermal Alteration Associated with Faulted Graphitic Stratigraphy ...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Reports Significant Alteration In First Drill Program At Geikie Uranium ProjectStructurally Controlled Hydrothermal Alteration Associated with Faulted Graphitic StratigraphyProject Expanded by Staking 1,187 Hectares; Adding Priority TargetsVancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (\"CanAlaska or the \"Company\") is pleased to announce successful completion of the 2023 drill program at the Geikie project near the Athabasca Basin margin (Figure 1). The program focused on a 15-kilometre-long northeast trending conductor system with high-priority structural targets that were compiled from recent high-resolution airborne radiometric, magnetic, and electromagnetic surveys in combination with prospecting, structural mapping, and historical data review. The Company reports the objectives of the program were exceeded, identifying graphitic host rocks with large reactivated and brecciated fault zones, associated with hydrothermal alteration and elevated radioactivity.  Figure 1 – Geikie Project Location To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/176751_12d2d80524c93aec_002full.jpg2023 Geikie Summer Drill ProgramThe Geikie project is located approximately 10 kilometres east of the Athabasca Basin margin and 10 kilometres west of Highway 905. The 2023 summer drill program consisted of 2,217 metres in eight drill holes, representing CanAlaska's first drill holes on it's 60%-owned Geikie project. The program successfully intersected graphitic host rocks, showing evidence of multiple post-Athabasca structural reactivation events, associated with the intersection of north-south and northwest trending faults, hydrothermal alteration, and elevated radioactivity.  Figure 2 – 2023 Geikie Drill Program Results  To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/176751_12d2d80524c93aec_003full.jpgThe drill program confirmed the presence of hydrothermal alteration systems within a complex structural framework at Geikie, which is important in the formation of basement-hosted high-grade uranium deposits. Results of this first drill program will allow for refinement of the exploration model on the Geikie project to targ...