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Uranium Mineralization in Granite at Grease River Project, Northern Athabasca Basin

by NationTalk on February 17, 2009844 Views

Vancouver, Canada, February 17th, 2009 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce results from summer prospecting on its Grease River project. Multiple zones of uranium mineralization have previously been reported from basement rocks, just north of the northern limit of the Athabasca sandstone (see Press Release – March 3, 2008). Prospecting and mapping during summer 2008 concentrated on several structures with higher grade uranium, found during 2007 work, and areas of extensively mineralized granite. The current results detail the sampling of non-magnetic granitic rocks at the margin of a granite plug along a strike length of 1.5 kilometres.Grease River Project Location

The Grease River Project covers approximately 81,821 hectares of land (202,184 acres) in three separate claim blocks that extend from Bulyea River, north of Fond du Lac, to Marytnuik Lake, north of Stony Rapids, and covers four geological domains.

An extensive zone of uranium mineralization in sheeted and stockwork-style brittle fractures in close sourced boulders and in white granite is located on the edge of a larger pink granite stock. The thin fractures have pervasive uranium mineralization, with high to very high radioactivity. Surface sampling of fractured and non fractured rock, as well as surface traverses using hand-held scintillometers, show the extensive nature of the uranium mineralization. The following table of samples, details numerous sites of higher radioactivity over an area of 1.5 km X 0.5 km. This area also shows extensive radioactivity from the airborne survey completed by CanAlaska in the previous season. The sample location and table of results in the attached figure show the distribution of the sampling with the trend of the strong U/Th radiometric anomaly.

>> View full press release Uranium Mineralization in Granite at Grease River Project, Northern Athabasca Basin.

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