Opportunity knocks with High-grade Uranium Discovery

Winter Drilling Underway

CanAlaska Uranium has a new high-grade uranium discovery at the West McArthur project in joint venture with Cameco Corporation. The West McArthur Project is part of the company’s extensive land holdings in Canada’s Athabasca Basin region and is located within an area of established infrastructure and world class mining projects. CanAlaska's strategic holdings have attracted major international mining companies such as Cameco, Denison, KORES, and KEPCO to explore the company's projects. CanAlaska is poised for growth in the expected resurgence of the uranium resource market.

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West McArthur Project

Project Highlights
  • Adjacent to Cameco's McArthur River, the world’s richest uranium mine
  • $25 M of work successfully identified 7 target areas (grids)
  • Focus on grid 5 uranium discovery with 5-8% U3O8 in first drill-holes
  • CanAlaska is majority owner and operator in joint venture with Cameco

Athabasca Basin

The "Saudi Arabia of Uranium"

Dubbed as the "Saudi Arabia of uranium", the Athabasca’s large high-grade uranium resources, provide strategic and valuable assets for Canadian mining companies, and have provided significant returns for investors from recent discoveries.

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