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News
Rhea-AI Summary
CanAlaska Uranium announces the acquisition of the Intrepid East and Intrepid West projects in the northeastern Athabasca Basin, totaling 58,747 hectares. These projects are strategically located near high-grade uranium deposits and infrastructure-rich areas. The company aims to leverage these projects through strategic partnerships to capitalize on the strong uranium market for potential discoveries.
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Rhea-AI Sentiment
End-of-Day
1.53%
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Rhea-AI Summary
CanAlaska Uranium reports high-grade uranium mineralization in winter drill program at West McArthur project. Drillhole WMA082-6 intersects 10.84% eU3O8 over 11.5m, including 12.99% eU3O8 over 9.5m. Winter program continues with focus on Pike Zone.
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Rhea-AI Sentiment
End-of-Day
-0.34%
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CanAlaska Uranium signs agreements with Bayridge Resources Corp. to allow Bayridge to earn up to an 80% interest in Waterbury East and Constellation Projects in the Athabasca Basin, Saskatchewan. Bayridge must undertake work and payments in three defined earn-in stages to earn interest in each project. CanAlaska CEO, Cory Belyk, expresses excitement about the substantial exploration investment by Bayridge, emphasizing the potential for discovery in the region.
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Rhea-AI Sentiment
End-of-Day
0.34%
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CanAlaska Uranium announces a definitive agreement with Nexus Uranium Corp. to earn up to a 75% interest in the Cree East Project, covering 57,752 hectares in the Athabasca Basin. Nexus can earn the interest in three stages by making cash payments, issuing shares, and incurring exploration costs. CanAlaska will be the operator during the first two stages, with Nexus assuming operatorship after earning a 60% interest. Initial exploration permits have been submitted for approval.
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Rhea-AI Sentiment
End-of-Day
-5.43%
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CanAlaska Uranium Ltd. reports significant uranium mineralization at the West McArthur Project, with drillhole WMA082-4 intersecting 13.75% eU3O8 over 16.8 metres, including high-grade intervals. The ongoing winter program aims to expand the Pike Zone discovery and test unconformities. CanAlaska, in a Joint Venture with Cameco Corporation, operates the project and funds the 2024 program independently, increasing its ownership. CEO Cory Belyk expresses excitement over the potential for tier 1 uranium deposits at the project site.
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Rhea-AI Sentiment
End-of-Day
55.09%
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Rhea-AI Summary
CanAlaska Uranium Ltd. has signed Letters of Intent with Bayridge Resources Corp. to allow Bayridge to earn up to an 80% interest in the Waterbury East and Constellation Projects in the Athabasca Basin, Saskatchewan. Bayridge will undertake work and payments in three earn-in stages to reach the 80% interest. CanAlaska CEO is optimistic about the partnership and the potential for significant news flow as the projects advance.
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Rhea-AI Sentiment
End-of-Day
2.7%
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CanAlaska Uranium Ltd. announces the mobilization of drill crews and equipment for the 2024 drill program on the Geikie uranium project near the Athabasca Basin margin. The program will focus on high-priority targets with large gravity anomalies identified during the 2023 drill campaign. The company plans to conduct a 2,500-meter drilling program to follow up on mineralization encountered in drillhole GKI002 and explore regional targets from high-resolution geophysical data integration. The Geikie project is currently funded by Basin Energy Limited, with CanAlaska holding a 40% ownership stake.
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CanAlaska Uranium Ltd. has entered into a Letter of Intent with Nexus Uranium Corp. to allow Nexus to earn up to a 75% interest in the Cree East Project in the Athabasca Basin, Saskatchewan. Nexus may earn the interest by undertaking work and payments in three defined earn-in stages. The partnership aims to move the large and highly prospective Cree East project forward toward discovery, with a significant investment in the uranium market, which is currently experiencing a major resurgence.
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CanAlaska Uranium Ltd. announces the acquisition of the Nebula Project in the Athabasca Basin, Saskatchewan through a Property Swap Agreement with F3 Uranium Corp. The project covers 14,854 hectares and over 40 kilometers of the Key Lake structural corridor. The Nebula Project is located 35 kilometers southwest of the Key Lake Mine and Mill complex and presents multiple drill targets, significant faults, alteration, and a uranium boulder train. The agreement was dated January 16, 2024.
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CanAlaska Uranium Ltd. announces mobilization of drill crews and equipment for a $7.5 million 2024 program on the West McArthur Joint Venture project. The 2024 West McArthur drill program will focus on expanding the Pike Zone discovery and unconformity testing. Assay results from the 2023 fall drill program confirm high-grade uranium intersections, with a high-grade intersection grading 1.03% U3O8 over 6.3 meters. The Company is sole-funding the 2024 program, increasing its majority ownership in the Project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
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CANALASKA URANIUM LTD
OTC:CVVUF
CVVUF Rankings
CVVUF Stock Data
73.71M
151.49M
2.72%
25.43%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
United States of America
Vancouver
About CVVUF
canalaska uranium ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. the company primarily explores for uranium, nickel, copper, gold, and diamond deposits. it holds interests in 15 projects covering an area of approximately 211,000 hectares of mining claims in the athabasca region located across the provinces of saskatchewan, manitoba, british columbia, and alberta in canada. the company was formerly known as canalaska ventures ltd. and changed its name to canalaska uranium ltd. in october 2006. canalaska uranium ltd. was founded in 1985 and is headquartered in vancouver, canada.