VANCOUVER, Nov. 10 /PRNewswire/ - CanAlaska is pleased be
able to provide its recently commissioned NI 43-101 technical
summary report for the Waterbury Uranium Project in the
Athabasca Basin, Canada.
This report is now available on SEDAR and EDGAR databases for
public viewing.
The Waterbury 43-101 report was prepared by Mr.
Peter Daubeny M.Sc., P.Geo. of
Vancouver BC. In the report, Mr. Daubeny provides a detailed
description of CanAlaska's exploration on the project, its
strategic location in the Cigar Lake-McLean lake area in the
Northeastern Athabasca. Mr. Daubeny's review recommends a
program of drilling on three target areas, at an estimated budget
of Cdn$1.55 Mil.
President Peter
Dasler states: "The Waterbury Project hosts a number
of areas with potential for uranium mineralization, well located,
and in the vicinity of known mines. Limited work was carried
out historically because of the older limitations to imaging
conductive targets under local lakes and swamps. The initial
surveys carried by CanAlaska, using modern equipment and ideas
showed well defined targets on land and under lakes. Initial
drill testing of the land targets showed elevated uranium
mineralization within the target zones, which can still stand
further definition drilling along strike and across trend.
The strongest target located just north of the Cigar Lake mine, is
associated with an E-W bend in the magnetic trend, and in the
associated conductor target. This target is covered by water
and on two previous occasions was not drilled only because of
logistical reasons."
Peter Dasler,
M.Sc., P Geo. is the Qualified Person responsible for this news
release.
For more information visit www.canalaska.com
On behalf of the Board of Directors
(signed)
Peter Dasler,
M.Sc., P.Geo.
President & CEO, CanAlaska Uranium Ltd.
The TSX Venture has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release:
CUSIP# 13708P 10 2. This news release contains certain
"Forward-Looking Statements" within the meaning of Section 21E of
the United States Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the British Columbia Securities Commission and the
United States Securities & Exchange Commission.
SOURCE CanAlaska Uranium Ltd.
Copyright . 10 PR Newswire