June 14, 2023
CanAlaska Uranium Ltd. (TSXV:CVV, BUY (S), David A. Talbot) announced that it has mobilized drill crews for its 60%-owned Geikie JV in the Athabasca Basin. The planned 2,000m (8 DH) program, with proposed depths of 250m each, will focus on testing three shallow, high-priority targets (map) that have been compiled from recent high-resolution airborne radiometric, magnetic and electromagnetic surveys. The three target areas – Preston Creek, Hourglass Lake, Aero Lake – host steeply dipping linear VTEM plates that indicate structural features which are favourable for trapping uranium mineralization from hydrothermal fluids in prospective metasedimentary host rocks. Positive results from this program may prompt further exploration from JV partner Basin Energy (ASX:BSN, Not Rated), as it works towards earning up to 80% interest in Geikie. Read more
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CanAlaska Uranium Ltd. – TSXV:CVV – 3,8
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