The Conversation (2)
CanAlaska Uranium Ltd. (TSXV:CVV,OTCQB:CVVUF) announced that it’s been informed by Makena Resources Inc. (TSXV:MKN) that drilling is about to start at the Patterson West project.
CanAlaska Uranium Ltd. (TSXV:CVV,OTCQB:CVVUF) announced that it’s been informed by Makena Resources Inc. (TSXV:MKN) that drilling is about to start at the Patterson West project. The plan is for drilling to test “an intense 1.5 km by 0.5 km gravity anomaly situated along a major geological domain boundary.”
The company also said that it’s postponed a financing initiative announced on October 28, 2015.
As quoted in the press release:
Patterson West is located adjacent to the PLS claims of Fission Uranium Corp, and 10 km northwest of their Triple R deposit. The Arrow discovery of NexGen Energy Ltd, is approximately 15 km east of the main gravity anomaly on the property. Like Triple R and Arrow, the exploration target at Patterson West is just off the edge of the Athabasca Basin.
Previous field work by Makena identified multiple geophysical anomalies. A large gravity anomaly measuring 1.5 km long by 0.5 km wide was discovered, this correlates with magnetic lineaments as well as with multiple VTEM conductive anomalies.
Peter Dasler, president of CanAlaska, commented:
Patterson West has a large, well-defined target in basement rocks, a similar geological environment that hosts the nearby Triple R and Arrow uranium discoveries. The southwest Athabasca Basin has the potential to host several major uranium deposits along a series of emerging exploration belts.
Click here to read the full CanAlaska Uranium Ltd. (TSXV:CVV,OTCQB:CVVUF) press release.