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CanAlaska Starts Airborne Surveys at Frontier Project in Northeastern Athabasca Basin
Results Will Advance Exploration Strategy Targeting Basement-Hosted Uranium Discovery Near Mill I...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"CanAlaska Starts Airborne Surveys at Frontier Project in Northeastern Athabasca BasinResults Will Advance Exploration Strategy Targeting Basement-Hosted Uranium Discovery Near Mill Infrastructure25 Kilometres of Untested Roughrider Mineralized Corridor TargetedVancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) (\"CanAlaska\" or the \"Company\") is pleased to announce it has commenced a series of high-resolution helicopter-supported airborne surveys on its 100%-owned Frontier project (the \"Project\"). The surveys will consist of a Versatile Time-Domain Electromagnetic Plus (VTEM Plus) survey, followed by high-resolution magnetics and radiometrics. The purpose of the surveys is to identify and prioritize basement conductors, characterize lithological and alteration variations, refine areas of interest for ground prospecting, and map the structural setting of the project to support future drill targets. The Project is located in the northeastern Athabasca Basin approximately 30 kilometres northeast of the McClean Lake mill complex and Roughrider uranium deposit, and 35 kilometres north of Cameco's Eagle Point uranium mine (Figure 1).Figure 1 – Frontier Project LocationTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/213638_f98308a71463e8e7_002full.jpgThese surveys represent a critical step in the Company's exploration strategy looking for tier 1 basement-hosted uranium deposits. The Company has deliberately generated a strategic land portfolio in the infrastructure-rich northeastern Athabasca Basin region along corridors that show geological and structural similarities to the Arrow and Eagle Point basement-hosted uranium deposits. The Frontier project is located five kilometres northeast of the present-day Athabasca Basin edge. Compilation work on the project has highlighted a prominent 25-kilometre-long northeast trending magnetic low corridor, termed here as the Roughrider Mineralized Corridor (\"RMC\"). This regional-scale corridor, which continues off property to the southwest, hosts multiple uranium deposits and showings, including Roughrider, Midwest, J Zone, Dawn Lake, Moonlight, Osprey, and the McClean Lake mine and mill complex. The first stage of this exploration strategy is a VTEM Plus sur...