Tuesday, October 7, 2025

Latest

CanAlaska Intersects 9.30% eU3O8 Over 16.2 Metres At West McArthur JV

High grade uranium mineralization continues to be found in the Athabasca Basin of Saskatchewan, with CanAlaska Uranium (TSXV: CVV) being the latest explorer to hit high grade.

The company managed to intersect multiple intervals of high grade mineralization at the Pike Zone of its West McArthur joint venture project, found on the eastern side of the basin. Highlights from the results include:

  • WMA082-11: 4.77% eU3O8 over 25.9 metres from a depth of 795.9 metres
    • Including 6.30% eU3O8 over 16.3 metres
  • WMA082-12: 9.30% eU3O8 over 16.2 metres from a depth of 797.0 metres
    • Including 13.61% eU3O8 over 10.9 metres
  • WMA-082-14: 1.12% eU3O8 over 3.5 metres from a depth of 843.8 metres

The holes are said to have intersected unconformity-associated uranium mineralization, which along with previously reported hole WMA082-8 which hit 6.87% eU3O8 over 16.9 metres, indicates a potential extension of high grade mineralization at the Pike Zone.

“Unconformity mineralization is now repeatable along strike from the original discovery holes and remains open in all directions including within the basement rocks below the unconformity. The results of the summer program clearly indicate the tier 1 potential of the Pike Zone along what is fast becoming a very prolific uranium mineralizing corridor which already includes the high-grade Fox Lake uranium deposit. I look forward to announcement of further drill results from the summer program in the context of an improving uranium market and return of investor interest,” commented CanAlaska CEO Cory Belyk on the results.

Drilling remains ongoing at West McArthur, with the company expected to achieve 15 unconformity target intersections under the current program. Exploration at site is expected to be wrapped up by the end of September.

CanAlaska Uranium last traded at $0.69 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

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Market Movers: CanAlaska Jumps 43% After Reporting 4.7 Metre Interval Of 40.3% eU3O8 At West McArthur

CanAlaska Uranium (TSXV: CVV) is the hot ticket in the market today, with the equity...

Wednesday, February 28, 2024, 02:17:54 PM

CanAlaska Identifies Multiple Geophysical Targets At Frontier Following Airborne Program

CanAlaska Uranium (TSXV: CVV) has received the results from a series of airborne geophysical surveys...

Thursday, June 19, 2025, 09:00:10 AM

CanAlaska Options Off Two Properties For $10 Million In Exploration Spend, Plus Cash And Shares

CanAlaska Uranium (TSXV: CVV) continues to option off certain of its properties found within the...

Tuesday, March 26, 2024, 09:19:34 AM

Ultra High-Grade Uranium: 69.1% Discovery Next Door to McArthur River | CanAlaska with Cory Belyk

In this interview at the Red Cloud Fall Mining Showcase 2024, Cory Belyk, President and...

Friday, October 18, 2024, 03:47:00 PM

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