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CanAlaska Uranium Announces Discovery of Strong Gravity Anomaly at Patterson West

Investing News Network
Apr. 13, 2015 11:31AM PST
Company News

CanAlaska Uranium Ltd. (TSXV:CVV,OTCQB:CVVUF,FWB:DH7N) reported the discovery of multiple gravity anomalies at the Patterson West uranium project in the Athabasca Basin, including an intense 1.5 by 0.5 km anomaly along a major geological domain boundary. Makena Resources is CanAlaksa’s joint venture partner, and is currently earning a 50% interest in the Patterson West property.

CanAlaska Uranium Ltd. (TSXV:CVV,OTCQB:CVVUF,FWB:DH7N) reported the discovery of multiple gravity anomalies at the Patterson West uranium project in the Athabasca Basin, including an intense 1.5 by 0.5 km anomaly along a major geological domain boundary. Makena Resources is CanAlaksa’s joint venture partner, and is currently earning a 50% interest in the Patterson West property.

As quoted in the press release:

Results of surveys illustrate distinct gravity low anomalies as shown in blue in the above image

The gravity surveys were conducted at the Patterson West project, one of three properties (collectively the Patterson properties) the Company holds in the southwest Athabasca Basin region. Patterson West straddles the Athabasca Basin edge with basement rock 130 to 200 metres below Cretaceous and Recent sediments. A VTEM max airborne survey flown in January 2014 identified multiple conductive zones.

CanAlaska Uranium VP for Exploration, said:

Recently completed gravity surveys at the Patterson project have outlined multiple intense gravity low anomalies. The largest and most intense anomaly is 1.5 km long by 0.5 km wide and correlates with magnetic lineaments as well as with VTEM conductive anomalies. This strong anomaly is close to, and parallel to, the magnetic boundary marking the edge of the Clearwater Domain. Historical drill hole CLU11-79 is also close to this boundary, and the basement intersected in this drill hole is mylonitised and clay/sericite-altered. Drilling is warranted on this well-defined anomaly.

Click here to read the CanAlaska Uranium Ltd. (TSXV:CVV,OTCQB:CVVUF,FWB:DH7N) press release
Click here to see the CanAlaska Uranium Ltd. (TSXV:CVV,OTCQB:CVVUF,FWB:DH7N) profile.

CVV:CA
athabasca basin makena resources joint venture tsxv:cvv
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