TSXV:CVV - Post Discussion
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Betteryear2 on Jul 16, 2024 8:55am
CanAlaska Intersects 9.3 metres of 11.62% eU3O8
High-Grade Basement-Hosted Uranium Intersection Within Zone of 16.9 metres of 6.87% eU3O8
Results Indicate Extension Potential of High-Grade Uranium
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to report that drillhole WMA082-8 has intersected 6.87% eU3O8 over 16.9 metres, including 11.62% eU3O8 over 9.3 metres at the Pike Zone on the West McArthur Joint Venture project (the "Project") in the eastern Athabasca Basin. WMA082-8 was the second drillhole completed at the Pike Zone during the summer program and represents the first step-out drilling to the east. The focus for the ongoing summer drilling program is continued delineation and expansion of the ultra high-grade Pike Zone uranium discovery at the unconformity and within the upper basement. The program is focused on following up recent high-grade intersections in WMA082-6 (14.9% U3O8 over 9.6 metres) and WMA082-4 (9.9% U3O8 over 14.5 metres). 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.
CanAlaska Intersects 9.3 metres of 11.62% eU3O8 On Strike at Pike Zone (newsfilecorp.com)
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