CanAlaska Hits 11.62% eU3O8 Over 9.3 Metres In Athabasca Basin

CanAlaska Uranium (TSXV: CVV) has intersected high grade uranium mineralization at its West McArthur joint venture project in the Athabasca Basin of Saskatchewan. The discovery was made under an ongoing drill program at the project.

Highlights from the results include:

  • WMA082-8: 6.87% eU3O8 over 16.9 metres at a depth of 823.4 metres
    • Including 11.62% eU3O8 over 9.3 metres

The discovery was made in the second hole of the ongoing drill program, with the hole being the first step-out to the east of the Pike Zone. Continued drilling under the current program is intended to continue to delineate and expand the Pike Zone at the unconformity and upper basement.

The current drill program is expected to amount to 9,000 metres in aggregate, resulting in ten to fourteen holes being drilled into unconformity targets.

READ: CanAlaska Shares Jump on 21.6-Metre of 3.44% eU3O8 Intersect at Pike Zone

CanAlaska currently holds an 83.35% interest in the West McArthur joint venture, with the remainder held by Cameco Corp.

CanAlaska Uranium last traded at $0.68 on the TSX Venture.


Information for this story was found via Sedar and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

First Majestic Posts Record Quarterly Silver Production In Q3

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

Related News

CanAlaska Hits 5.0 Metres Of 34.38% eU3O8 At Pike Zone

CanAlaska Uranium (TSXV: CVV) has seen early success under its winter drill program launched last...

Wednesday, February 5, 2025, 07:55:33 AM

CanAlaska Shares Jump on 21.6-Metre of 3.44% eU3O8 Intersect at Pike Zone

CanAlaska Uranium Ltd. (TSXV: CVV) has announced a significant uranium discovery at the Pike Zone...

Tuesday, July 9, 2024, 11:30:00 AM

CanAlaska Hits 7.4% U3O8 Over 19.5 Metres At West McArthur

CanAlaska Uranium (TSXV: CVV) finally has geochemical assays in hand for drilling that was conducted...

Wednesday, May 29, 2024, 09:12:03 AM

CanAlaska Hits 10.84% eU3O8 Over 11.5 Metres At Pike Discovery

CanAlaska Uranium (TSXV: CVV) continues to hit high grade uranium at the West McArthur joint...

Wednesday, March 27, 2024, 09:29:41 AM

CanAlaska Mobilizes For 9,000 Metre Drill Program At West McArthur

CanAlaska Uranium (TSXV: CVV) has mobilized its drill crew for a summer drill program at...

Tuesday, June 11, 2024, 09:22:26 AM