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CanAlaska Stakes Fifth Thompson Nickel Belt Project
1,876 hectares (4,690 acres) covering Halfway Lake ultramafic sequence Targets adjacent to...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Stakes Fifth Thompson Nickel Belt Project1,876 hectares (4,690 acres) covering Halfway Lake ultramafic sequenceTargets adjacent to Halfway Lake sulphide nickel depositSouthern claims host historic 15.8 metre intersection of 0.55% nickelVancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (\"CanAlaska\" or the \"Company\") is pleased to announce that it has staked 2 new claim blocks covering 1,876 hectares (4,690 acres) at Halfway Lake in the central Thompson Nickel Belt, northeast of Wabowden, Manitoba. The claims cover known mineralized nickel zones and are adjacent to the Halfway Lake nickel deposit owned by CaNickel. All of the claims are located close to highway 391 and benefit from adjacent rail and power infrastructure.Figure 1To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/2864/87546_e50a112a84f3f8e5_001full.jpgThe new claims cover the southern and northern portions of the Halfway Lake synform, which is a 17 kilometre fold structure of Ospwagan Group sediments. These claims are located 25 kilometres northeast of the Bowden Lake nickel mine and adjacent to the Halfway Lake nickel deposit. The claims cover numerous folded ultramafic lenses within the prospective Pipe Formation, as shown on Figure 1. The structural setting of the mineralization in the Halfway Lake synform appears to be most similar to the main Thompson nickel deposit and mine. In the Thompson Nickel Belt the maximum potential for high-grade nickel mineralization resides in the association of ultramafic and Pipe Formation rocks.Figure 2To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/2864/87546_e50a112a84f3f8e5_002full.jpgThe Halfway Lake nickel deposit (900,000 tonnes @1.2% Ni) is hosted in an ultramafic sill which is visible on airborne EM and magnetic surveys. The northern targets staked by CanAlaska follow these geophysical features south of the Halfway Lake deposit and cover repetitions in similar structural settings that are untested (figures 2 and 3).The southern block includes a series of mineralized drill holes. Historic drill hole \"W62D\" contains 15.8 metres of 0.55% Ni, including 4.6 metres @ 1.13% Ni and 4.9 metres @ 0.76% Ni. The nickel tenor of these intersections...