New High Grade Uranium Discovery
Peter Dasler, President & CEO of CanAlaska Uranium speaks on the company’s great opportunity at their joint venture project, West McArthur.
“CanAlaska has a 33 million share company, it’s very well structured. Eleven percent are owned by management and a Tier 1 opportunity in the uranium market. We have a new discovery next door to McArthur River, the world’s biggest, richest uranium mine and only two kilometers away from the Fox Lake uranium discovery made by Cameco. Cameco’s drilled eight holes in a new target on our property and the indications are a tier one size deposit which give us high grade uranium at the basement, five percent uranium with multiple other zones showing up along a two kilometer trend. We see 800 meters of alteration above this and we believe that this is the indicator of another tier one size target. We are intending to follow up on that this year with drill programs. The discovery potential that we have at West McArthur is certainly driving all of our team and I’m extremely excited about it. The opportunity that’s in front of us at West McArthur is amazing. It’s a giant-sized target and courtesy of Cameco we have a joint venture where we operate as the 70 percent owner.” – Peter Dasler, President & CEO of CanAlaska Uranium
CanAlaska is a “project generator” with a management and technical consulting team comprised of geologists and geophysicists with extensive experience identifying exploration targets in the Athabasca Basin for major mining companies. CanAlaska’s primary focus is on advancing the West McArthur and Cree East uranium projects.
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