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CanAlaska Uranium reports that its 6th drill program is underway on its Helmer project, located along the Northern rim of the Athabasca Basin.
The Grease River Fault is a major tectonic event in the Athabasca region, and the structure can be traced for over 200 kilometres, both inside and outside of the Athabasca Basin. There are numerous zones with […]
CanAlaska Uranium reports that its 6th drill program is underway on its Helmer project, located along the Northern rim of the Athabasca Basin.
The Grease River Fault is a major tectonic event in the Athabasca region, and the structure can be traced for over 200 kilometres, both inside and outside of the Athabasca Basin. There are numerous zones with multiple mineralizing events of gold, nickel and uranium along the trace of the fault, indicating how it is a significant focus of fluid flow and mineralization. The Company tested a uranium-mineralized splay associated with the fault system on the adjacent Fond Du Lac project in September of 2009, and intercepted a uranium zone assaying 40.4 metres @ 0.32% U(3)O(8). The Company plans to first test the large target at Helmer, and then return to further drilling at Fond Du Lac.
For complete press release, click here.