Thursday, October 16, 2025

Latest

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 CEO of CanAlaska Uranium Ltd. (TSXV: CVV, OTCQX: CVVUF, FSE: DH7), provides insights into the company’s uranium exploration activities and the broader uranium market.

Belyk begins by highlighting CanAlaska’s recent ultra-high-grade uranium discovery at the West McArthur project in the Athabasca Basin. The impressive drill results, showing up to 69.1% uranium, underscore the significant potential of their exploration efforts.

He explains how CanAlaska’s assets could potentially replace depleting tier-one uranium mines in the region. This positioning suggests the company could play a crucial role in maintaining uranium supply from a key production area.

Belyk also discusses the growing support for nuclear energy from tech giants like Amazon, Google, and Microsoft. This trend is driving increased demand for new uranium discoveries, creating a favorable market environment for exploration companies like CanAlaska.

Despite these promising developments and exploration success, Belyk suggests that CanAlaska’s current market valuation may not fully reflect the potential of their assets. 


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold 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

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Cantor Fitzgerald Predicts Uranium Boom Amid Kazatomprom’s Supply Shortfall

Cantor Fitzgerald has issued a critical update on the uranium market following a significant reduction...

Tuesday, September 3, 2024, 12:17:00 PM

Kazatomprom Cuts 2025 Uranium Production Guidance By 17% Amid Supply Chain Crisis

Kazatomprom, the world’s largest uranium producer, has cut its 2025 production guidance by 17%, signaling...

Friday, August 23, 2024, 03:10:00 PM

Uranium Energy Corp Announces $30.5 Million Private Placement

Uranium Energy Corp (NYSE: UEC) this morning announced that it will be conducting a private...

Wednesday, March 17, 2021, 09:20:57 AM

Could Flooded Namibian Mines Lead To Uranium Oversupply?

In the wake of recent heavy rains in Namibia, observers are closely watching three major...

Sunday, March 30, 2025, 07:50:00 AM

Russia Cuts Off U.S. Uranium Supply, Sends Fuel To Allies Instead

Russia has enacted a ban on enriched uranium exports to the United States, redirecting supplies...

Monday, November 25, 2024, 11:02:05 AM