CanAlaska Uranium Expands Pike Zone Strike Length at West McArthur Project
Reuters
Nov 06
CanAlaska Uranium Expands Pike Zone Strike Length at West McArthur Project
CanAlaska Uranium Ltd. has announced progress at its West McArthur project, a joint venture with Cameco Corporation, where CanAlaska holds an 85.97% ownership stake. The company is currently sole funding the original 2025 exploration program and budget, which could further increase its majority ownership in the project. Recent drilling within the Pike Zone has confirmed the extension and continuity of high-grade uranium mineralization, with highlights including an intersection of 4.3 metres at 5.89% eU3O8. Additional drilling has identified promising new mineralized areas along the C10S corridor, with results such as 2.5 metres at 0.82% eU3O8 and 4.1 metres at 0.49% eU3O8, indicating strong potential for further discoveries. Geochemical assay results from the summer exploration program are pending.
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