CanAlaska intersects uranium zone at Fond du Lac project



    VANCOUVER, Sept. 15 /CNW/ - CanAlaska Uranium Ltd. (TSX.V - CVV)
("CanAlaska" or the "Company") has received assay results for
uranium-mineralized sections of three drill holes and cores from the Fond du
Lac project located on the northern portion of the Athabasca Basin,
Saskatchewan.

    Figure 1:
    http://www.canalaska.com/i/maps/Maps_sept152008/FLC-Figure1-LocationandTa
rgets.pdf

    The uranium mineralization at Fond du Lac is principally within the
Manitou Falls Formation of the Athabasca Sandstone sequence, and is
characterized by strong fracturing, intense silicification, zones of
hematization and minor clay alteration. In the current area of drilling,
zoning is apparent, with a central highly mineralized-core. The mineralization
is evident as disseminations and replacement, both in the sandstone and near
the surface (see following plan and drill section).

    Figure 2:
    http://www.canalaska.com/i/maps/Maps_sept152008/FLC-Figure2-MainZone.pdf

    Figure 3:
    http://www.canalaska.com/i/maps/Maps_sept152008/FLC-Figure3-DrillSectionA
-B.pdf

    Across the project, there are multiple other zones, currently only
loosely-defined by mineralized boulder trains (see attached figures for
mineralized boulder trains and geophysical responses). These other targets
have been prospected during this summer's work, and will be now be evaluated
for drill programs over the coming months and during the winter.
    The following tables give assay results for mineralized core, which was
intercepted in holes FLC 002 and FLC 003. Assay results over 0.05% U(3)O8
(1lb/ton) are highlighted. Hole FLC 001, with trace mineralization, appears to
be on the edge of the zone. All mineralized core is from Athabasca sandstone
at shallow depths.

    
    -------------------------------------------------------------------------
    Hole     Sample     From              Width                        Grade
    Number     No        (m)     To (m)    (m)          U (ppm)      (% U3O8)
    -------------------------------------------------------------------------
    FLC003   24-0110    18.10    18.54     0.44          149.2          0.02
    -------------------------------------------------------------------------
    FLC003   24-0111    18.54    18.94     0.40         1690.3          0.20
    -------------------------------------------------------------------------
    FLC003   24-0112    18.94    19.30     0.36          184.4          0.02
    -------------------------------------------------------------------------
    FLC003   24-0113    19.30    19.88     0.58         2696.9          0.32
    -------------------------------------------------------------------------
    FLC003   24-0114    19.88    20.33     0.45         6089.4          0.72
    -------------------------------------------------------------------------
    FLC003   24-0115    20.33    20.50     0.17         1893.6          0.22
    -------------------------------------------------------------------------
    FLC003   24-0116    20.50    21.10     0.60         2390.4          0.28
    -------------------------------------------------------------------------
    FLC003   24-0117    21.10    21.50     0.40          158.7          0.02
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC003   24-0118    22.00    22.50     0.50         2365.1          0.28
    -------------------------------------------------------------------------
    FLC003   24-0119    22.50    23.05     0.55         3878.8          0.46
    -------------------------------------------------------------------------
    FLC003   24-0120    23.05    23.50     0.45          411.1          0.05
    -------------------------------------------------------------------------
    FLC003   24-0121    23.50    23.77     0.27          181.6          0.02
    -------------------------------------------------------------------------
    FLC003   24-0122    23.77    24.30     0.53         1119.9          0.13
    -------------------------------------------------------------------------
    FLC003   24-0123    24.30    24.60     0.30           95.4          0.01
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC003   24-0124    31.70    32.10     0.40           54.4          0.01
    -------------------------------------------------------------------------
    FLC003   24-0125    32.10    32.60     0.50          812.2          0.10
    -------------------------------------------------------------------------
    FLC003   24-0126    32.60    33.13     0.52           69.6          0.01
    -------------------------------------------------------------------------
    FLC003   24-0127    33.13    33.61     0.48           72.7          0.01
    -------------------------------------------------------------------------
    FLC003   24-0128    33.61    34.13     0.52         2304.0          0.27
    -------------------------------------------------------------------------
    FLC003   24-0129    34.13    34.55     0.42          127.7          0.02
    -------------------------------------------------------------------------
    FLC003   24-0130    34.55    35.10     0.55          152.2          0.02
    -------------------------------------------------------------------------
    FLC003   24-0131    35.10    35.70     0.60         7672.8          0.90
    -------------------------------------------------------------------------
    FLC003   24-0132    35.70    36.30     0.60          546.3          0.06
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC003   24-0133    37.87    38.20     0.33          525.6          0.06
    -------------------------------------------------------------------------
    FLC003   24-0134    38.20    38.56     0.36          967.8          0.11
    -------------------------------------------------------------------------
    FLC003   24-0135    38.56    39.00     0.44          631.4          0.07
    -------------------------------------------------------------------------
    FLC003   24-0136    39.00    39.42     0.42         4486.0          0.53
    -------------------------------------------------------------------------
    FLC003   24-0137    39.42    39.72     0.30          501.1          0.06
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC003   24-0138    40.24    40.55     0.31          884.1          0.10
    -------------------------------------------------------------------------
    FLC003   24-0139    40.55    40.94     0.39         2559.5          0.30
    -------------------------------------------------------------------------
    FLC003   24-0140    40.94    41.37     0.43          285.0          0.03
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC003   24-0141    43.17    43.55     0.38         1939.7          0.23
    -------------------------------------------------------------------------
    FLC003   24-0142    43.55    43.94     0.39       (greater      (greater
                                                    than)10000     than)1.00
    -------------------------------------------------------------------------
    FLC003   24-0143    43.94    44.24     0.30          915.3          0.11
    -------------------------------------------------------------------------
    FLC003   24-0144    44.24    44.61     0.37         2421.6          0.29
    -------------------------------------------------------------------------
    FLC003   24-0145    44.61    44.93     0.32           89.0          0.01
    -------------------------------------------------------------------------



    -------------------------------------------------------------------------
    Hole     Sample     From              Width                        Grade
    Number     No        (m)     To (m)    (m)          U (ppm)      (% U3O8)
    -------------------------------------------------------------------------
    FLC002   24-0066    16.80    17.20     0.40          166.2          0.02
    -------------------------------------------------------------------------
    FLC002   24-0067    17.20    17.80     0.60         1101.6          0.13
    -------------------------------------------------------------------------
    FLC002   24-0068    17.80    18.40     0.60          110.5          0.01
    -------------------------------------------------------------------------
    FLC002   24-0069    18.40    18.90     0.50         1801.1          0.21
    -------------------------------------------------------------------------
    FLC002   24-0070    18.90    19.30     0.40         3367.6          0.40
    -------------------------------------------------------------------------
    FLC002   24-0071    19.30    19.70     0.40         2128.2          0.25
    -------------------------------------------------------------------------
    FLC002   24-0072    19.70    20.00     0.30         1453.3          0.17
    -------------------------------------------------------------------------
    FLC002   24-0073    20.00    20.40     0.40         4239.0          0.50
    -------------------------------------------------------------------------
    FLC002   24-0074    20.40    21.00     0.60          513.1          0.06
    -------------------------------------------------------------------------
    FLC002   24-0075    21.00    21.40     0.40          371.5          0.04
    -------------------------------------------------------------------------
    FLC002   24-0076    21.40    21.90     0.50          795.2          0.09
    -------------------------------------------------------------------------
    FLC002   24-0077    21.90    22.40     0.50          258.5          0.03
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC002   24-0079    23.00    23.45     0.45          370.8          0.04
    -------------------------------------------------------------------------
    FLC002   24-0078    23.45    23.50     0.05         9107.7          1.07
    -------------------------------------------------------------------------
    FLC002   24-0080    23.50    23.60     0.10           95.2          0.01
    -------------------------------------------------------------------------
    FLC002   24-0082    23.60    23.80     0.20           83.9          0.01
    -------------------------------------------------------------------------
    FLC002   24-0081    23.80    24.20     0.40          501.3          0.06
    -------------------------------------------------------------------------
    FLC002   24-0083    24.20    24.60     0.40          152.2          0.02
    -------------------------------------------------------------------------
    FLC002   24-0085    24.60    24.85     0.25         2288.0          0.27
    -------------------------------------------------------------------------
    FLC002   24-0084    24.85    25.30     0.45           82.4          0.01
    -------------------------------------------------------------------------
    FLC002   24-0086    25.30    25.80     0.50          114.2          0.01
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC002   24-0088    29.10    29.60     0.50          868.6          0.10
    -------------------------------------------------------------------------
    FLC002   24-0087    29.60    30.00     0.40         1121.3          0.13
    -------------------------------------------------------------------------
    FLC002   24-0089    30.00    30.40     0.40          289.9          0.03
    -------------------------------------------------------------------------
    FLC002   24-0091    30.40    30.55     0.15          152.3          0.02
    -------------------------------------------------------------------------
    FLC002   24-0090    30.55    30.80     0.25         1881.1          0.22
    -------------------------------------------------------------------------
    FLC002   24-0092    30.80    31.00     0.20          121.2          0.01
    -------------------------------------------------------------------------
    FLC002   24-0093    31.00    31.60     0.60         1101.9          0.13
    -------------------------------------------------------------------------
    FLC002   24-0094    31.60    32.00     0.40          111.6          0.01
    -------------------------------------------------------------------------
    FLC002   24-0096    32.00    32.20     0.20           32.7          0.00
    -------------------------------------------------------------------------
    FLC002   24-0095    32.20    32.50     0.30           64.6          0.01
    -------------------------------------------------------------------------
    FLC002   24-0098    32.50    32.80     0.30           30.7          0.00
    -------------------------------------------------------------------------
    FLC002   24-0097    32.80    33.30     0.50           88.5          0.01
    -------------------------------------------------------------------------
    FLC002   24-0099    33.30    33.80     0.50           72.1          0.01
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC002   24-0100    39.10    39.70     0.60         2092.2          0.25
    -------------------------------------------------------------------------
    FLC002   24-0101    39.70    40.10     0.40         6128.6          0.72
    -------------------------------------------------------------------------
    FLC002   24-0102    40.10    40.47     0.37         2697.0          0.32
    -------------------------------------------------------------------------
    FLC002   24-0103    40.47    41.00     0.53          910.6          0.11
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC002   24-0104    42.10    42.60     0.50          127.9          0.02
    -------------------------------------------------------------------------
    FLC002   24-0105    42.60    43.04     0.44          667.8          0.08
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC002   24-0106    43.66    44.17     0.51           60.4          0.01
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC002   24-0107    46.00    46.50     0.50          179.6          0.02
    -------------------------------------------------------------------------
    FLC002   24-0108    46.50    46.90     0.40          418.9          0.05
    -------------------------------------------------------------------------
    FLC002   24-0109    46.90    47.36     0.46          135.8          0.02
    -------------------------------------------------------------------------



    -------------------------------------------------------------------------
    Hole     Sample     From              Width                        Grade
    Number     No        (m)     To (m)    (m)          U (ppm)      (% U3O8)
    -------------------------------------------------------------------------
    FLC001   24-0014    17.50    18.00     0.50           23.7          0.00
    -------------------------------------------------------------------------
    FLC001   24-0012    18.00    18.50     0.50           39.5          0.00
    -------------------------------------------------------------------------
    FLC001   24-0013    18.50    18.80     0.30           31.7          0.00
    -------------------------------------------------------------------------
    FLC001   24-0015    18.80    19.00     0.20           47.3          0.01
    -------------------------------------------------------------------------
    FLC001   24-0016    19.00    19.30     0.30           69.6          0.01
    -------------------------------------------------------------------------
    FLC001   24-0017    19.30    19.80     0.50           51.7          0.01
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC001   24-0018    29.60    30.10     0.50           40.2          0.00
    -------------------------------------------------------------------------
    FLC001   24-0019    30.10    30.60     0.50          123.1          0.01
    -------------------------------------------------------------------------
    FLC001   24-0020    30.60    31.10     0.50           29.0          0.00
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC001   24-0021    32.40    32.90     0.50          117.1          0.01
    -------------------------------------------------------------------------
    FLC001   24-0022    32.90    33.30     0.40          375.3          0.04
    -------------------------------------------------------------------------
    FLC001   24-0023    33.30    33.80     0.50          158.2          0.02
    -------------------------------------------------------------------------
    FLC001   24-0024    33.80    34.30     0.50           50.4          0.01
    -------------------------------------------------------------------------
                NS
    -------------------------------------------------------------------------
    FLC001   24-0025    40.10    40.60     0.50           37.0          0.00
    -------------------------------------------------------------------------
    FLC001   24-0026    40.60    40.90     0.30          224.9          0.03
    -------------------------------------------------------------------------
    FLC001   24-0027    40.90    41.40     0.50          295.3          0.03
    -------------------------------------------------------------------------
    FLC001   24-0028    41.40    41.60     0.20           39.9          0.00
    -------------------------------------------------------------------------
    FLC001   24-0029    41.60    41.80     0.20           45.8          0.01
    -------------------------------------------------------------------------
    FLC001   24-0030    41.80    42.20     0.40          165.0          0.02
    -------------------------------------------------------------------------
    FLC001   24-0031    42.20    42.70     0.50           32.3          0.00
    -------------------------------------------------------------------------
    FLC001   24-0037    42.70    43.10     0.40          122.7          0.01
    -------------------------------------------------------------------------
    FLC001   24-0038    43.10    43.60     0.50          377.7          0.04
    -------------------------------------------------------------------------
    FLC001   24-0039    43.60    43.90     0.30          225.8          0.03
    -------------------------------------------------------------------------
    FLC001   24-0040    43.90    44.30     0.40           26.8          0.00
    -------------------------------------------------------------------------
    FLC001   24-0041    44.30    44.70     0.40          205.1          0.02
    -------------------------------------------------------------------------
    FLC001   24-0042    44.70    45.00     0.30          119.0          0.01
    -------------------------------------------------------------------------
    FLC001   24-0043    45.00    45.30     0.30           25.2          0.00
    -------------------------------------------------------------------------
    FLC001   24-0032    45.30    45.60     0.30          108.9          0.01
    -------------------------------------------------------------------------
    FLC001   24-0033    45.60    45.90     0.30           40.0          0.00
    -------------------------------------------------------------------------
    FLC001   24-0034    45.90    46.00     0.10           61.0          0.01
    -------------------------------------------------------------------------
    FLC001   24-0035    46.00    46.40     0.40          183.4          0.02
    -------------------------------------------------------------------------
    FLC001   24-0036    46.40    46.90     0.50           45.8          0.01
    -------------------------------------------------------------------------
    

    In the current drilling, a very significant zone of hematite alteration
was intersected in basement rocks at the unconformity, under the
better-mineralized uranium zone in the three drill holes. This style of iron
oxide mineralization is generally caused by oxidization from geothermal
activity along fracture zones, and is a common indicator for most
basement-hosted uranium deposits. Strong clay and chlorite alteration, another
common indicator, is also present in the basement rocks drilled in this
current campaign. Geophysical surveys are currently being used to define the
next drill holes for this target. Further drilling along strike will be
required to define the extent and orientation of the present zone.
    Prior geological information for the Fond du Lac mineralization is
limited due to a lack of historical records. However, previously-reported
"lack of geophysical response" is not supported by CanAlaska's results, which
include evaluation of the drill core, response from the down-hole resistivity
probing, the presence of sulphide mineralization in the core, preliminary
results from a ground IP-resistivity survey, and a new gravity survey, which
are currently being carried out. The current geophysical surveys are
evaluating the zone of mineralization and a surrounding area of 4.2 km(2) in
preparation for further drilling.
    The Company received a work permit for the drilling at Fond du Lac from
INAC (Indian and Northern Affairs Canada), with consent from the band and
council of the Fond du Lac Denesuline First Nation. This permit allowed the
Company to commence exploration on the Reserve lands, and allows for the
follow-up exploration of specific geophysical targets generated from recent
VTEM airborne surveys and new ground surveys. By agreement dated October 18th,
2006, the Company acquired from the Fond du Lac Denesuline First Nation an
option to earn a 49% economic interest in the minerals resident on Fond du Lac
reserve lands. CanAlaska may exercise this option following the incurrence of
$2 million in exploration expenditures and the payment of $130,000 and
300,000 Company shares.
    Elsewhere in the Athabasca Basin, CanAlaska's field crews are presently
working at the Poplar Project, located along the northern boundary of the
Basin, and at the Black Lake Project, on the Black Lake Denesuline First
Nation Reserve. A third drill crew is currently drilling at the Cree East
Project in the south and further exploration will be staged during the late
summer on the Company's northern Lake Athabasca Project,. The Company is very
pleased with current operations, and is fully-funded for the summer-fall work
programs thorough its joint venture partnerships and from current treasury.
    All of the drill core samples from the Fond du Lac project were submitted
to Acme Laboratories Vancouver, an ISO 9001:2000 accredited and qualified
Canadian Laboratory, for their Group 4B analysis. These samples were analysed
for uranium and multi-element geochemistry by tri-acid digestion and ICP-MS.
The samples were collected by CanAlaska field geologists under the supervision
of Dr. Karl Schimann, and were shipped in secure containment to the
laboratories noted above. Peter Dasler, M.Sc. P Geo. is the qualified
technical person responsible for this news release.

    About CanAlaska Uranium Ltd. - www.canalaska.com

    CANALASKA URANIUM LTD. (CVV - TSX.V, CVVUF - OTCBB, DH7 - Frankfurt) is
undertaking uranium exploration in nineteen 100%-owned and two optioned
uranium projects in Canada's Athabasca Basin. 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$45 million exploring its properties
and has delineated multiple uranium targets. The Company's geological
expertise and high exploration profile has attracted the attention of major
international strategic partners. Among others, Mitsubishi Development Pty., a
subsidiary of Japanese conglomerate Mitsubishi Corporation, has undertaken to
provide CanAlaska C$11 mil. in exploration funding for its West McArthur
Project. Exploration of CanAlaska's Cree East Project is also progressing
under a C$19 mil. joint venture with a consortium of Korean companies led by
Hanwha Corporation, and comprising Korea Electric Power Corp., Korea Resources
Corp. and SK Energy Co, Ltd.

    
    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 No. 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.





For further information:

For further information: Emil Fung, Vice President, Corp. Dev., Tel:
(604) 688-3211, Email: info@canalaska.com

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