CanAlaska Uranium (TSX-V:CVV; OTCQB: CVVUF; Frankfurt: DH7N) (“CanAlaska” or the “Company”) is pleased to report interim results from drill hole WMA042-2, a wedge from mineralized drill-hole WMA042 (1.4% eU3O8 over 5.1 metres), on the West McArthur uranium project (“Project”). The ongoing drill program is being conducted by Cameco Corporation (TSX: CCO; NYSE: CCJ).
Drill hole WMA042-2 commenced at 275 metres downhole in strongly bleached sandstone with characteristic clays and alteration similar to that overlying nearby uranium deposits. Seven fault zones are reported.
The drill hole is across the conductor trend and intersected the unconformity approximately 24 metres southeast of the mineralized intersection reported for WMA042.
The calculated average grade of the uranium intercept, as measured by calibrated probe, is 1.4% eU3O8 over 5.1 metres.