Source: CanAlaska Uranium Ltd.
  • CanAlaska Uranium (TSXV:CVV) has staked its newly acquired Voyager project, located in the southeastern Athabasca Basin
  • Totalling 56.3 sq. km., the project sits 30 kilometres south of the present-day Athabasca Basin edge and historical prospecting identified a series of showings
  • With the addition of this project, the company now has ownership interest in 3,500 sq. km. in the Athabasca Basin
  • CanAlaska Uranium Ltd. (CVV) opened trading at $0.34 per share

CanAlaska Uranium (TSXV:CVV) has staked its newly acquired Voyager project, located in the southeastern Athabasca Basin.

Totalling 56.3 sq. km., the project sits 30 kilometres south of the present-day Athabasca Basin edge and historical prospecting identified a series of showings.

Detailed work on the Scurry-Rainbow area in the 1970s included shallow drilling where the most significant uranium mineralization had up to 0.65 per cent U3O8 in a grab sample. This was followed up by additional prospecting that identified a biotite gneiss that had up to 0.797 per cent U3O8 in a grab sample.

Source: CanAlaska Uranium Ltd.

The Voyager project is part of the company’s strategy to increase its landholdings in the infrastructure-rich southeastern Athabasca Basin.

With the addition of this project, the company now has ownership interest in 3,500 sq. km in the Athabasca Basin. 

CanAlaska’s CEO and President, Cory Belyk, explained that the Voyager project is host to numerous significant uranium mineralized zones with grades up to 0.797 per cent U3O8 which have been already identified.

“The technical team believes these mineralized samples have not been adequately followed up by subsequent exploration programs or past drilling campaigns, thereby providing enticing geological targets for immediate follow-up. This is another example of CanAlaska’s project generator model at work and the company will seek joint-venture partners to help move this project forward.”

CanAlaska Uranium Ltd. is engaged in the exploration of uranium, nickel, and diamond properties. It holds interests in approximately 3,000 sq. km in the Athabasca Basin. The company is also preparing for a drill program on its 60 per cent-owned Geikie project in the Athabasca Basin. Click here to read more.

CanAlaska Uranium Ltd. (CVV) opened trading at $0.34 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

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