VANCOUVER,
June 13, 2011 /PRNewswire/ -
CanAlaska Uranium Ltd. (TSX.V - CVV) ("CanAlaska" or
the "Company") is pleased to announce the commencement of two
airborne ZTEM geophysical surveys, and one ground geophysical
resistivity survey on its wholly-owned and joint-ventured projects
in the Athabasca Basin,
Saskatchewan. The ZTEM surveys provide a new dimension for
surveying electromagnetic targets, and provide superior detail at
depth.
To view maps click here:
http://www.canalaska.com/s/News.asp?ReportID=462052
The first ZTEM survey is to cover the
Hodgson project. This large
project consists of six contiguous claims totaling 24,939 ha and is
located in the east-central part of the Athabasca basin, 27 kilometres northwest of
the McArthur River mine and 21 kilometres west of the Cigar Lake
deposit. Exploration to-date includes lake sediment geochemistry
and geophysics. Reconnaissance ground AMT surveys confirmed a
series of basement conductors and indicated the presence of
conductive zones in the sandstones, structures thought to be
related to uranium mineralizing events.
The second ZTEM survey is to cover the western
portion of the Carswell structure, situated in CanAlaska's Carswell
project. CanAlaska has assembled a large land position, north
and north-west of the new discoveries by Areva and UEX, and west
and south of the historic Cluff Lake
uranium mines, located within the basement uplift. This survey is
planned to provide geophysical technical detail never before made
possible. Previous surveys in this area have been hampered by
layers of conductive units in the upper portions of the
Athabasca sandstone. The new
ZTEM survey technique should make it possible to provide images of
the conductive horizons in the basement below these conductive
units, due to the longer wavelength signals being used to collect
data.
Elsewhere on CanAlaska's projects, a ground
geophysical crew has moved back to the West McArthur project (a
joint venture with MC Resources Canada Ltd.), to complete ground
resistivity surveying over Grid #1 and Grid #7. These surveys
are follow-ups to a successful airborne ZTEM survey undertaken on
the project last year.
CanAlaska President Peter Dasler comments: "Exploration for mineral
deposits in the Athabasca has
benefited greatly from recent advances in geophysical
techniques. The commercialization of the ZTEM survey method
over the past year, and the simultaneous use of new "SQUID" TDEM
ground geophysics survey equipment, provide a quantum leap in
exploration targeting for further unconformity uranium
deposits."
Mr, Peter Dasler,
P. Geo., is the qualified technical person responsible for this
news release.
About CanAlaska Uranium
CANALASKA URANIUM LTD. (CVV -- TSX.V, CVVUF
-- OTCBB, DH7 -- Frankfurt) is
undertaking uranium exploration in twenty one uranium projects in
Canada's Athabasca Basin -- the "Saudi Arabia of Uranium". Since
September 2004, the Company has
aggressively acquired one of the largest land positions in the
region, comprising over 2,500,000 acres (10,117 sq. km or 3,906 sq.
miles). To-date, CanAlaska has expended over Cdn$75 million exploring its properties and has
delineated multiple uranium targets.
For more information visit www.canalaska.com
Contact: 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.