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Canalaska Finds Uranium Mineralization Along 2.4 Km Trend At West Fond Du Lac

by NationTalk on September 17, 2009573 Views


Vancouver, Canada, – September 16th, 2009 – CanAlaska Uranium Ltd. (TSX.V – CVV) (“CanAlaska” or the “Company”) has carried out a summer program of surface trench sampling and mapping on the western portion of the Fond Du Lac project, as well as a separate drill program on the Fond du Lac mineral deposit. Both areas contain significant surface, and near surface, uranium mineralization. For the western target area, the Company is pleased to report high grades of uranium mineralization obtained from the first saw-cut representative channel samples from the Adair Showing. This mineralized zone is located north of the Company’s Helmer Project and within the western portion of its Fond Du Lac Project, which is situated on the reserve lands of the Fond Du Lac Denesuline First Nation, (see Fig 1).The main showing consists of two historical trenches within a gossanous area on the southeast side of a 3 km swampy topographic low. This linear trend coincides with a magnetic low on the south side of a sharp linear magnetic feature. Historical drilling (1953) consisted of 14 holes spread over a length of 2.8 km of this zone. The eight southern holes covering 1.2km of this zone intercepted uranium mineralization underneath the zone and its projected extensions. The northern four holes are not reported to have significant mineralization, however recent samples from surface outcrops show a continuation of the zone in this area, (see Fig 2). There has been no modern exploration in this area since the 1960’s, when the area was deemed a First Nation reserve. CanAlaska sampling programs in 2008 identified significant mineralization in the area, with values over 5% U3O8 from grab samples. In summer 2009, the area was revisited and systematic representative sampling was carried out.

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