CanAlaska CEO Says SMR Technology Crucial Part of Nuclear Power Generation for Clean Energy

“This could be a great few decades of nuclear buildout that's in front of us, and ultimately more production of uranium, which is great for us to go find. We're out there to find these deposits,” said CanAlaska Uranium President and CEO Cory Belyk.

Canada has an SMR Action Plan to deploy small modular reactors (SMRs) at home and abroad. The introduction of this military technology into civilian use was just a fantasy two years ago, but it is actually starting to happen, according to CanAlaska Uranium (TSXV:CVV,OTCQX:CVVUF,FWB:DH7N) President and CEO Cory Belyk.

“SMRs are being built in Ontario by 2028. (About) 300 megawatts of SMR technology are going into the Darlington plant, generating clean electricity for 300,000 Canadian homes. That's just Canada. This is starting to happen on a global scale,” said Belyk.

The CEO anticipates a great few decades of nuclear buildout, which will ultimately need more uranium production.

“And when it does, what does it really mean? We need more uranium fuel, and that's where CanAlaska comes in. We find the fuel that will eventually make its way to these reactors and generate that clean electricity.”

CanAlaska Uranium is preparing for a 2,000 meter drill program consisting of eight drill holes on its 60 percent owned Geikie project in the Athabasca Basin.

Watch the full interview with CanAlaska Uranium president and CEO Cory Belyk above.

Disclaimer: This interview is sponsored by CanAlaska Uranium (TSXV:CVV,OTCQX:CVVUF,FWB:DH7N). This interview provides information which was sourced by the Investing News Network (INN) and approved by CanAlaska Uranium in order to help investors learn more about the company. CanAlaska Uranium is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

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