VANCOUVER, June 13, 2011 /CNW/ - 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
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
SOURCE CanAlaska Uranium Ltd.
For further information:
Emil Fung, Director & V.P. - Corp. Dev.
Tel: +1.604.688.3211 x318