CanAlaska Uranium Ltd. V.CVV

Alternate Symbol(s): CVVUF

Energy

CanAlaska Uranium Ltd. is a Canada-based company, which is engaged in the exploration of uranium, nickel and diamond properties. The Company holds interests in approximately 350,000 hectares (865,000 acres), strategically located in the eastern Athabasca Basin. The Company also holds properties prospective for nickel, copper, gold and diamonds. The Company’s projects include West McArthur, Key Extension, Moon Lake South, Cree East, Waterbury South and others. Its West McArthur project is located in the Eastern Athabasca Basin in Saskatchewan, between 6 and 30 kilometers (km) west of the producing McArthur River mine. The Key Extension Project is located in the Southeastern Athabasca Basin in Saskatchewan and lies 15 km from the Key Lake mill complex. The Cree East project is located in the south-eastern portion of the Athabasca Basin. The Waterbury South project is located in the Northeastern Athabasca Basin in Saskatchewan and lies 10 kilometers from the Cigar Lake mine site.

TSXV:CVV - Post by User

CanAlaska Uranium Ltd. > BIG NEWS 40.30% eU3O8 over 4.7 and 16.8 Metres of 13.75%

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Post by knoxton Feb 28, 2024 9:00am

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Post# 35903385

BIG NEWS 40.30% eU3O8 over 4.7 and 16.8 Metres of 13.75%

ORIGINAL: CanAlaska Intersects 16.8 Metres of 13.75% eU3O8 Unconformity Uranium at Pike Zone on West McArthur Joint Venture

Drillhole WMA082-4 Intersected 16.8 metres at 13.75% eU3O8; including 4.7 metres at 40.30% eU3O8 and 2.4 metres at 13.54% eU3O8; Two-Drill Winter Program Ongoing at West McArthur Project

2024-02-28 07:31 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to report that drillhole WMA082-4 has intersected 13.75% eU₃O₈ over 16.8 metres, including 40.30% eU₃O₈ over 4.7 metres and 13.54% eU₃O₈ over 2.4 metres at the Pike Zone as part of the ongoing winter exploration program on the West McArthur Joint Venture project (the "Project") in the eastern Athabasca Basin. The main objectives of the 2024 drill program are continued expansion of the Pike Zone discovery and along strike unconformity testing to the northeast and southwest. The West McArthur project, a Joint Venture with Cameco Corporation, is operated by CanAlaska that holds an 83.35% ownership in the Project (Figure 1). CanAlaska is sole-funding the 2024 West McArthur program, further increasing its majority ownership in the Project.