Business
CanAlaska Stakes Large Athabasca Basin Land Position South of Key Lake Mine and Mill
Multiple Priority Drill-Ready Targets on 12,060 Hectare Enterprise Project Conductor Trends w...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Stakes Large Athabasca Basin Land Position South of Key Lake Mine and MillMultiple Priority Drill-Ready Targets on 12,060 Hectare Enterprise Project Conductor Trends with Associated Gravity Low Anomalies IdentifiedMeet Management at the Pre-PDAC Red Cloud Showcase and PDAC ConferenceVancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (\"CanAlaska or the \"Company\") is pleased to announce the Company's newly acquired Enterprise project, totalling 12,060 hectares, in the southeastern Athabasca Basin. The Enterprise project is located approximately 20 kilometres south of the Key Lake Mine and Mill complex along Highway 914 (Figure 1).Figure 1 – Enterprise Project LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/156447_fig1c.jpgThe Enterprise project is located 20 kilometres south of the present-day Athabasca Basin edge. The project has undergone historical exploration programs that have resulted in a series of drill-ready targets. Earlier work on the project consisted of prospecting and geological mapping completed in conjunction with airborne radiometric, electromagnetic, and magnetic surveys in the 1970's and 1980's. In the early 2000's, a helicopter-borne AeroTEM electromagnetic and magnetic survey was completed and followed up by a series of ground-based gravity and Horizontal Loop EM (HLEM) surveys. The gravity and HLEM surveys identified two conductive corridors on the northern claims, Target Corridor 1 and Target Corridor 2, that have associated gravity low anomalies. Both corridors have drill-ready targets (Figure 2). Figure 2 – Target Corridors Identified on Enterprise ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/156447_a4039e6874ae4af0_004full.jpgTarget Corridor 1 consists of a five-kilometre-long northeast-southwest trending magnetic low that is associated with a linear conductor trend and a gravity low anomaly. Three drillholes have been completed along this corridor, highlighted by chlorite and clay altered faulted graphitic to pelitic metasediments in HR78-11 and faulted, bleached, and altered pelitic metasediments in C2-02. To the north, off property, the corridor contains elevated pathfind...