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Geochemical Assays Return Uranium Grades Up To 85.4% U3O8 at CanAlaska's Pike Zone
Drillhole WMA079-01 Intersected 8.6 Metres at 34.59% U 3 O 8 ; Including 5.5 Metres at 53...
About this update from Canalaska Uranium Ltd
[{"type":"text","content":"Geochemical Assays Return Uranium Grades Up To 85.4% U3O8 at CanAlaska's Pike ZoneDrillhole WMA079-01 Intersected 8.6 Metres at 34.59% U3O8; Including 5.5 Metres at 53.90% U3O8Drillhole WMA076-01 Intersected 14.8 Metres at 14.71% U3O8; Including 5.4 Metres at 39.67% U3O8Saskatoon, Saskatchewan--(Newsfile Corp. - July 17, 2025) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) (\"CanAlaska\" or the \"Company\") is pleased to report that it has received the geochemical assay results from the winter 2025 drill program completed on the Pike Zone at the West McArthur project (the \"Project\"). During the winter program, the Company significantly expanded the high-grade footprint of the Pike Zone and geochemical assay results confirm the best drillholes to date on the project, including composited intervals in WMA079-01 which intersected 8.6 metres at 34.59% U3O8, including 5.5 metres at 53.90% U3O8 at the unconformity and WMA076-01 which intersected 14.8 metres at 14.71% U3O8, including 5.4 metres at 39.67% U3O8 at the unconformity. Importantly, the Company advanced step out drilling along the C10S corridor to the west of the Pike Zone, where geochemical assays confirm high-grade uranium in WMA095 which intersected 3.5 metres at 1.37% U3O8, including 1.0 metres at 3.16% U3O8 at the unconformity, extending the known strike length of unconformity-associated uranium mineralization to approximately 250 metres. Figure 1 – Project Location Map To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2864/259069_609f2112b4f6290d_002full.jpgCanAlaska CEO, Cory Belyk, comments, \"Pike Zone continues to deliver exceptional uranium grades in assay. The geochemical results from the winter exploration program confirm the very high-grade nature of the mineralization at Pike Zone with uranium grades up to 85.4% U3O8 returned. In addition, CanAlaska's team continues to prove its ability to deliver early results to its shareholders through use of equivalent uranium grade estimates from calibrated probes confirmed by later assay. With continuous mineralization now successfully extended to 250 metres at the unconformity and open in all directions, I look forward to ongoing and future extension-focused drilling programs. Uranium market fundamentals are rock-solid and with reserve deple...