CanAlaska – TSXV: CVV, OTC: CVVUF, FRA: DH7N

CanAlaska Uranium Ltd. (Stock Symbols – TSXV: CVV, OTCMKTS: CVVUF, Frankfurt: DH7N), is an exploration stage company. The company functions as a project generator and has large land holdings in northern Canada’s Athabasca Basin.

The company primarily explores for uranium, nickel, copper, gold, and diamond deposits. They have partnerships with major industry players including Cameco.

It holds interests in 15 projects covering an area of approximately 214,000 hectares of mining claims in the Athabasca region located across the provinces of Saskatchewan, Manitoba, British Columbia, and Alberta in Canada.

CanAlaska Uranium Project Portfolio
Project Portfolio. Source: CanAlaska Uranium

The company has published it’s current drilling program for properties this year, including its Waterbury and West McArthur projects.

CanAlaska Drilling and Exploration
Source: CanAlaska Uranium

From the company factsheet:

“CanAlaska Uranium Ltd. is focused on a series of uranium discoveries on our West McArthur project in Canada’s Athabasca Basin. The Company operates a Joint Venture project with Cameco Corp. Ten reconnaissance drill holes, spaced over 1.7km (one mile), identified multiple uranium zones and targets. Capping these targets is one of the largest mineralized alteration halos in the eastern Athabasca and at Grid 5 we now have evidence for multiple mineralized horizons. Drilling in summer 2019 focused on the centre of this large target and produced multiple uranium intersections leading to high-grade mineralization (7.95% U3O8) in the final drill hole of the season. Field work in 2020, highlighted the strength of the uranium mineralizing system in this area, as well as further hydrothermal alteration in reconnaissance drill holes located on trend to the south. Here, the key conductive horizons coalesce, along with strong structural deformation. Summer drilling is planned for both target areas.”

The company was formerly known as CanAlaska Ventures Ltd. and changed its name to CanAlaska Uranium Ltd. in October 2006.

CanAlaska Uranium Ltd. was founded in 1985 and is headquartered in Vancouver, Canada.

To gain FREE access to the full uranium stocks list and members only community, register and login today.

After you have registered and logged in, don’t forget to join the CanAlaska Uranium group, and then post your comments on the CanAlaska Uranium forum.



Tweets

British engineering firm @RollsRoyce will ensure its new products are compatible with net zero by 2030 and its whole business by 2050. Small modular reactors will play a role in meeting these targets #nuclear https://tinyurl.com/2a343ppz

River Bend Station Celebrates 35 Years of Service
https://www.entergynewsroom.com/news/river-bend-station-celebrates-35-years-service/
#nuclear #uranium #thorium #repeal140A #auspol #auspol2021

If we want to fight the climate crisis, we must embrace #nuclear power
https://www.theguardian.com/commentisfree/2021/jun/21/fight-climate-crisis-clean-energy-nuclear-power #cleanenergy #uranium

"Green-car pledges from automakers means there’ll be surging demand for #nickel used in the batteries needed to wean the world off fossil fuels, and the metal has to be produced in an environmentally friendly way."
https://bnnbloomberg.ca/trudeau-s-ev-ambitions-need-strategic-shift-nickel-ceo-says-1.1610750 #mining #StocksToWatch

[email protected] reported results for 3 holes from its 100%-owned Waterbury South #uranium project, located within 10km SE of Cigar Lake mine in the Athabasca Basin. Read about the results in the exploration update: https://bit.ly/2TKYzLz $CVV #mining

Load More...