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CanAlaska Uranium Ltd T.CVV


Primary Symbol: V.CVV Alternate Symbol(s):  CVVUF

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

Bullboard Posts
Post by Mogamboon Jun 29, 2007 12:58pm
408 Views
Post# 13020157

Remember this!

Remember this!Especially like the part below where it says, " CANALASKA IS ON THE VERGE OF BECOMING THE THIRD MAJOR PRODUCER OF URANIUM, ALONG WITH DENISON AND CAMECO!!!!!!! CanAlaska Primed for a Big Uranium Discovery in Athabasca By Andrew K. Burger May 2007 DAMMAM, Saudi Arabia (ResourceInvestor.com) -- With the spot price of uranium rising at exponential rates, uranium miners are flying high following decades of depressed prices and little new mine development or exploration activity. Shares of Denison [TSX:DML; AMEX:DNN] and Energy Metals Corp. [TSX:EMC; NYSE:EMU] jumped 5% last week following rumours that they were on the acquisition radars of Cameco [TSX:CCO; NYSE:CCJ] and France's Areva, two of the world's largest uranium miners. When it comes to high quantities of high-grade and relatively easily accessible uranium ores, Canada's Athabasca Basin is geologically unique in the world. Encompassing an area of some 100,000 square kilometres in northern Saskatchewan and a small portion in Alberta, the region is the source of approximately 30% of the world's uranium. Looking to follow the path blazed by Cameco and Dension, CanAlaska Uranium Ltd. [TSX-V:CVV] may be on the verge of becoming the third major uranium producer in the region. The company on May 7 announced that it had signed a Memorandum of Understanding (MoU) with a consortium of South Korean companies led by the Hanwha Corp. to negotiate investment terms for the exploration of CanAlaska's Cree East Project. The MoU is the latest in a series of initiatives undertaken recently by CanAlaska's management aimed at further defining and developing 17 wholly-owned and two optioned uranium projects in the Athabasca Basin. Interest from South Korea Trading Consortium With a prospective property portfolio encompassing over 3,900 square miles in the Athabasca Basin - as large, or larger, than that of Cameco and Areva combined - CanAlaska ranks as one of the largest landholders in the region. The company has spent more than C$15 million during the past two years exploring these properties and delineating a number of uranium targets.
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