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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.
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4.76%
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CanAlaska Uranium Ltd. announces the sale of the Titan Project in the Athabasca Basin, Saskatchewan to Cosa Resources Corp. for $10,000 in cash and 300,000 common shares of Cosa. The CEO comments on the value upside and quick value realization through the transaction partnership. The Consideration Shares will be subject to a four-month hold period and voluntary resale restrictions. The management team will be attending the Vancouver Resource Investment Conference on January 21st and 22nd.
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CanAlaska Uranium Ltd. (TSXV: CVV) is preparing for winter drill programs at three projects in the southeastern Athabasca Basin. The $7.5 million exploration program at the West McArthur Joint Venture project will focus on expanding the Pike Zone discovery. Moon Lake South Joint Venture approved a $2.7 million exploration program, and the Geikie winter program will focus on follow-up targets associated with gravity lows and regional exploration targets. CanAlaska is fully funded for its 2024 exploration programs.
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CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) announces the resignation of Misty Urbatsch, Vice-President Corporate Development, who has been appointed to the Advisory Board of the Company. Misty's extensive experience in the mining industry, particularly in uranium exploration and marketing, will contribute to maximizing value for CanAlaska and its shareholders in the near and long term.
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CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) announces the results of the Falcon Airborne Gravity Gradiometer survey on its Geikie uranium project, highlighting numerous targets coincident with regional fault structures and mineralization. The survey successfully identified gravity low targets interpreted to be related to alteration zones caused by fluids potentially related to mineralizing events. A winter drilling program is planned for Q1 2024. The Geikie project is currently being sole-funded by Basin Energy Limited (ASX: BSN) under an option earn-in agreement with the Company.
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CanAlaska Uranium Ltd. successfully completed the summer 2023 drilling program at its West McArthur project, confirming high-grade basement mineralization and extending the mineralization over 160 meters along the controlling fault structures. The company also identified priority target areas for future exploration, indicating significant potential for unconformity-related mineralization at Pike Zone and along the C10 South corridor.
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CanAlaska Uranium Ltd. has signed an agreement with Nickelex Resource Corporation to allow Nickelex to earn up to 80% interest in four of CanAlaska's north Thompson Nickel Belt projects in Manitoba, Canada. Nickelex can earn the interest by undertaking work and payments in three defined earn-in stages. The Project covers a total area of 30,283 hectares and is located 30 kilometers from Vale's Thompson Nickel Operations in Manitoba. CanAlaska will be the operator of the Project during Stage 1 and Stage 2 of the option agreement.
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CanAlaska Uranium signs exploration agreement with Ya'thi Néné Lands and Resources to strengthen their relationship and promote sustainable development in the Athabasca Basin.
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CanAlaska Uranium confirms uranium enrichment in multiple drillholes in the Geikie project, with notable results including 0.5m @ 0.27% U3O8 in drillhole GKI002. The program focused on a 15-km-long conductor system. The company plans to refine the exploration model and conduct further drill testing in the high-priority Preston Creek target area. The Falcon Airborne Gravity Gradiometer survey has been completed, and results will be used to validate existing targets and generate additional targets for future drill programs.
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CanAlaska Uranium announces mobilization of crews for supplemental exploration drilling program at Moon Lake South project. Winter drill program results show high-grade uranium mineralization. Supplemental program expected to consist of 4 to 8 drillholes for a total of up to 4,400 metres. Mineralization remains open in multiple directions. CEO cites rare mineralization magnitude and climbing uranium price as significant opportunity for shareholders.
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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.