CanAlaska Uranium Ltd. - Cree East Uranium Project drill results



    VANCOUVER, May 1 /CNW/ - CanAlaska Uranium Ltd. (TSX.V - CVV)
("CanAlaska" or the "Company") has been carrying out winter drill programs on
three uranium projects in the Athabasca Basin, Canada since late January,
2009. The first complete set of drill assay results are now available for the
Cree East project, where anomalous uranium and nickel metal indicators were
received from samples in 11 of the 15 holes, and anomalous associated
geochemistry in 13 of the 15 holes drilled. The most significant radioactivity
response was from hole CRE017 in zone D in the centre of the 5km long target
area. Extensive zones of hematite and boron alteration were also intercepted
in holes drilled in areas A and B. Management and the Korea Consortium,
CanAlaska's strategic partner at the Cree East Project, are pleased with the
mineralization and alteration signatures found within the target zones.
Further drilling is now being planned.

    Cree East Project Location Map 2009
    http://www.canalaska.com/i/maps/map_1_050109CVV.jpg

    The series of strong geophysical targets in the centre of the Cree East
project show moderate to intense hydrothermal alteration within the overlying
sandstone units, and strong alteration with zones of intense hematite
alteration in the basement rocks (see News Release, May 9 2008). Drill
sections show significant basement offsets along the 5 km trend of the target
areas (a 45 metres step between DDH CRE010 and CRE028 and a similar step of 30
metres between DDH CRE014 and CRE017). The fault zones causing the offsets are
the primary exploration targets for structurally-hosted mineralization in the
basement rocks. Uranium alteration halos have been intercepted in the current
drill programs. The regular geochemical analysis of composite samples over
18-20 metre sections within the overlying sandstone units provides
confirmation of uranium related hydrothermal mineral solutions causing the
clays and disaggregated sandstone intercepted in the drill holes.

    Cree East Uranium Project Drill Hole Locations
    http://www.canalaska.com/i/maps/map_2_050109CVV.jpg

    The following Table 1 details the composite sample analyses for the drill
holes of the 2009 winter season.

    
    Table 1 Geochemical Alteration Halos within sandstone units at
    Targets A-E Cree East Project

    -------------------------------------------------------------------------
                          In-
    Hole   Depth       terval Uranium Nickel Vanadium Boron Copper Lead Zinc
    ID      From    To metres     ppm    ppm      ppm   ppm    ppm  ppm  ppm
    -------------------------------------------------------------------------
    CRE013
     sand-
     stone  37.5  55.5     18     0.3      1        1    34      1    2    2
            55.5  73.5     18     0.3    1.8        1    48    0.6  1.5  0.5
            73.5  91.5     18     0.3    0.7        1    37    0.5  1.1  0.5
            91.5 109.5     18     0.3      1        1    42    0.7  0.9  0.5
           109.5 127.5     18     0.3    1.5        1    34    0.9  1.2    1
           127.5 145.5     18     0.3      3        1    47    0.7  0.9  0.5
           145.5 163.5     18     0.4    2.9        1    61    0.6    1  0.5
           163.5 181.5     18     0.5    3.7        3    66    0.6  1.2  0.5
           181.5 199.5     18     0.5    2.2        1    67    0.8  1.5  0.5
           199.5 217.5     18     0.7    1.1        2    54    0.5  1.5  0.5
           217.5 235.5     18     0.5    0.9        2    51    0.7  1.5  0.5
           235.5 253.5     18     0.7    0.7        4    39    0.7  1.7  0.5
           253.5 271.5     18     0.5    0.5        2    38    0.7  1.5  0.5
           271.5 289.5     18     0.4    0.7        3    51    0.5  1.2  0.5
    Anoma-
     lous
     zone  289.5 307.5     18     0.4    1.9        1    79    0.9  1.7  0.5
    Anoma-
     lous                  18
     zone  307.5 325.5 metres       2    6.1        7   145    0.6  2.8    2
    Anoma-
     lous                   9
     zone  325.5 334.5 metres     3.1    8.6       25   205    0.6  1.9    2
    -------------------------------------------------------------------------
    CRE014
     sand-
     stone  62.5  81.5     19     0.3    0.9        1    42    0.6  0.6  0.5
            81.5  99.5     18     0.5    2.3        1    68    0.6  0.7  0.5
            99.5 117.5     18     0.4    2.4        1    44    0.4  0.5  0.5
           117.5 135.5     18     0.5    2.7        2    53    0.7  0.6  0.5
           135.5 153.5     18     0.4    1.5        3    52    0.6    1  0.5
           153.5 171.5     18     0.4    0.9        3    38    0.9  1.2  0.5
           171.5 189.5     18     0.6    0.3        2    11    0.7  1.2  0.5
    Anoma-
     lous
     zone  189.5 207.5     18     0.5    0.6        4   100    0.7  1.4  0.5
    Anoma-
     lous                  19
     zone  207.5 226.5 metres     7.2    5.3        5   183    0.2  1.7  0.5
    Anoma-
     lous                   6
     zone  226.5 232.5 metres       8   13.6        6    52    0.5  1.3    1
    -------------------------------------------------------------------------
    CRE015
     sand-
     stone  37.5  55.5     18     0.3    1.6        1    34    1.1  0.9  0.5
            55.5  73.5     18     0.3    1.2        1    45    0.6  0.7  0.5
            73.5  91.5     18     0.3    4.2        1    47    1.4  0.7  0.5
            91.5 109.5     18     0.3    1.6        1    64      1  0.7  0.5
           109.5 127.5     18     0.3    5.1        1    82    1.4  0.7    1
           127.5 145.5     18     0.3    3.1        1    48    0.7  0.8  0.5
           145.5 163.5     18     0.3    4.1        1    65    1.1  0.6  0.5
           163.5 181.5     18     0.4    2.9        1    62    1.1  0.6    1
           181.5 199.5     18     0.9    7.6        1    64    2.3  0.9    1
           199.5 217.5     18     0.5    3.7        3    67    0.9  1.3  0.5
           217.5 235.5     18     0.9      3        3    77    1.5  1.9  0.5
           235.5 253.5     18     0.9    3.4        2    59    1.3  2.1  0.5
           253.5 271.5     18     1.3    2.5        1    67    0.7  2.1  0.5
           271.5 289.5     18     0.5    1.8        1    56    1.1  1.1  0.5
           289.5 307.5     18     0.5    3.1        1    56    0.8  0.9  0.5
           307.5 325.5     18     0.8    5.2        2    69    2.1    1    1
           325.5 343.5     18     0.6   12.9        3    51    6.5  0.9    2
    Anoma-
     lous                  16
     zone  343.5 359.5 metres     4.8   10.9       11    13    3.2    2    1
    -------------------------------------------------------------------------
    CRE016
     sand-
     stone  58.5  76.5     18     0.3    1.2        1    31    0.4  0.9  0.5
            76.5  94.5     18     0.2    1.2        1    42    0.4  0.5  0.5
            94.5 112.5     18     0.2    0.7        1    47    0.3  0.4  0.5
           112.5 130.5     18     0.2    1.6        1    55   0.05  0.5  0.5
           130.5 148.5     18     0.2    1.8        1    31    0.4  0.6  0.5
           148.5 166.5     18     0.3    2.5        1    56    0.5  0.5  0.5
           166.5 184.5     18     0.3    2.2        1    58    0.2  0.7  0.5
           184.5 202.5     18     0.3    2.1        1    68    0.6  0.8  0.5
           202.5 220.5     18     0.4      1        1    44    0.5    1  0.5
           220.5 238.5     18     0.2    0.9        1    57    0.3  8.5    1
           238.5 256.5     18     0.4    0.9        2    61      1  2.5  0.5
           256.5 275.5     19     0.4    0.9        2    49    0.8  4.1    2
           275.5 293.5     18     0.5    1.1        1    64    0.9  1.7  0.5
           293.5 311.5     18     0.8    2.4        2   155    0.9  3.2    1
    Anoma-
     lous                  18
     zone  311.5 329.5 metres     1.1      3        3   341    1.2  6.7    5
    Anoma-
     lous                   7
     zone  329.5 336.5 metres       3   21.9       11    13    4.1 14.2   11
    -------------------------------------------------------------------------
    CRE017
     sand-
     stone  59.5  77.5     18     0.2    3.2        1    56    1.2  2.3    3
            77.5  94.5     17     0.3    2.5        1    52    1.2  6.2    7
            94.5 112.5     18     0.6    2.8        1    55    0.9  1.1  0.5
           112.5 130.5     18     0.8    3.5        1    49    1.2  3.1    2
           130.5 148.5     18     0.6    5.1        2    54    1.4  1.6  0.5
           148.5 166.5     18     0.9    6.7        4    47    2.2  2.3    1
           166.5 184.5     18     1.1    2.3        4    39    1.1  2.2    3
           184.5 202.5     18     0.8    2.7        2    27    1.3  1.6    1
           202.5 219.5     17     0.5    1.1        3   118    0.6  1.4  0.5
    Anoma-
     lous                  19
     zone  219.5 238.5 metres       1    3.4        5   272    1.1  2.5    3
    Anoma-
     lous                  18
     zone  238.5 256.5 metres    24.5    6.4       11    85    1.6  2.8    1
    Anoma-
     lous                   5
     zone  256.5 261.5 metres    11.6    104       73    56    2.5  1.4   13
    -------------------------------------------------------------------------
    CRE018
     sand-
     stone  49.5  67.5     18     0.3    0.8        1    35    0.4    1  0.5
            67.5  85.5     18     0.5      1        1    43    0.2  0.9  0.5
            85.5 103.5     18     0.2      1        1    40    0.2  0.7  0.5
           103.5 121.5     18     0.2    1.5        1    44    0.5  0.8  0.5
           121.5 139.5     18     0.3    2.6        1    50    0.5    1    1
           139.5 157.5     18     0.3    2.2        1    51    0.4  0.9  0.5
           157.5 175.5     18     0.3    1.9        1    43    0.6  1.4  0.5
           175.5 193.5     18     0.3    2.1        1    55    0.3  0.9  0.5
           193.5 211.5     18     0.4    1.4        1    54    0.6  1.6  0.5
           211.5 229.5     18     0.5    1.1        3    50    0.7  1.7  0.5
           229.5 247.5     18     0.5      1        3    51    0.9  1.4  0.5
           247.5 265.5     18     0.4    0.8        2    46    0.9  1.1  0.5
           265.5 283.5     18     0.4    0.8        1    56    0.8  1.5  0.5
           283.5 301.5     18     0.4    1.4        1    71    0.8  0.9  0.5
    Anoma-
     lous                  18
     zone  301.5 319.5 metres     0.7    4.4        2   165    1.2  1.8    3
    Anoma-
     lous                  10
     zone  319.5 329.5 metres     4.1   17.2       23    24    2.6  8.8    6
    -------------------------------------------------------------------------
    CRE019
     sand-
     stone  63.5  81.5     18     0.3    1.5        1    54      1 10.8    2
            81.5  99.5     18     0.3    2.1        1    58    0.9  6.6    2
            99.5 117.5     18     0.6    3.2        1    77    0.6  7.4    1
           117.5 135.5     18     0.6    3.2        2    60    0.6  8.4    1
           135.5 153.5     18     0.4    1.8        2    59    0.7 11.2    2
           153.5 171.5     18     0.4    1.2        4    45    0.9 14.1    2
           171.5 189.5     18     0.5    0.8        2    41    0.1  1.4  0.5
           189.5 207.5     18     0.5    0.7        1    37    0.3  1.9  0.5
           207.5 225.5     18     0.4    1.3        4    61   0.05  1.1  0.5
           225.5 243.5     18     0.6    1.8        3   103    0.3    1  0.5
    Anoma-
     lous                  18
     zone  243.5 261.5 metres     1.8    4.6       11    97    0.3  1.3    1
    Anoma-
     lous                  18
     zone  261.5 279.5 metres     1.1    2.9        7   125    0.4  1.2  0.5
    -------------------------------------------------------------------------
    CRE020
     sand-
     stone  91.5 109.5     18     0.4    2.5        1    39    0.5  1.4  0.5
           109.5 127.5     18     0.4    2.5        1    61    1.2  0.9  0.5
           127.5 145.5     18     0.4    2.5        2    47    0.4  0.8  0.5
           145.5 163.5     18     0.4    2.6        1    50    0.5  0.8  0.5
           163.5 181.5     18     0.5      3        2    61    0.5  1.7  0.5
           181.5 199.5     18     0.4    1.2        2    54    0.5  1.6  0.5
           199.5 217.5     18     0.4    1.1        3    54    0.5    2  0.5
           217.5 235.5     18     0.6      1        2    46    0.4  2.3  0.5
           235.5 253.5     18     0.9    1.3        6    62    0.4  2.3  0.5
    Anoma-
     lous                  17
     zone  253.5 270.5 metres     5.6   19.4       16   249    0.7  2.8    4
    -------------------------------------------------------------------------
    CRE021
     sand-
     stone  38.5  54.5     16     0.2    0.6        1    37    0.6  0.5  0.5
            54.5  72.5     18     0.2    0.5        2    47    0.4  0.4  0.5
            72.5  90.5     18     0.3    0.8        1    62    0.3  0.5  0.5
            90.5 108.5     18     0.3    0.9        1    61    0.4  0.6    1
           108.5 126.5     18     0.3      1        2    57    0.5  0.6  0.5
           126.5 144.5     18     0.5    0.5        4    48    0.5  1.3  0.5
           144.5 162.5     18     0.6    0.9        3    44    0.8  1.5  0.5
           162.5 180.5     18     0.5    0.8        3    23    1.2  2.2    1
           180.5 198.5     18     0.4    0.6        1    28    0.8    2  0.5
           198.5 216.5     18     0.4    0.7        4    28    0.5  1.4  0.5
           216.5 234.5     18     0.4      1        3    55    0.4  1.4  0.5
           234.5 252.5     18     0.4    1.2        3    45    0.4  1.4  0.5
           252.5 270.5     18     0.5    3.5        6    63    0.6  1.2  0.5
    Anoma-
     lous                  19
     zone  270.5 289.5 metres     2.2   15.4       15    71    0.8  2.1    1
    -------------------------------------------------------------------------
    CRE023
     sand-
     stone  34.5  54.5     20     0.2    0.6        1    33   22.1 13.5  229
            54.5  72.5     18     0.3    0.7        1    61    1.9  1.7    6
            72.5  90.5     18     0.3    0.9        1    63    5.8  2.7   20
            90.5 108.5     18     0.4    1.9        1    56    1.9  2.1    4
           108.5 126.5     18     0.7    2.6        1    52    3.7  9.8   10
           126.5 144.5     18     0.5    1.1        3    38    1.5  2.5    2
           144.5 162.5     18     0.5    1.1        4    34    3.5  3.9    6
           162.5 180.5     18     0.4    1.7        3    41    0.2  2.1    2
           180.5 198.5     18     0.3    0.7        1    26   0.05  1.3  0.5
           198.5 216.5     18     0.3    1.2        2    28    0.1  1.3  0.5
           216.5 234.5     18     0.4    1.2        1    48   29.5    1  0.5
           234.5 252.5     18     0.3    1.5        2    55    0.2  1.4  0.5
           252.5 270.5     18     0.4      5        5    76   0.05  3.5  0.5
    Anoma-
     lous                  18
     zone  270.5 288.5 metres     1.1    7.6       10    95   0.05  1.2    1
    Anoma-
     lous                   4
     zone  288.5 292.5 metres     1.8   26.6       18    35    0.3  0.8    4
    Anoma-
     lous                   3
     zone  292.5 295.5 metres    13.3   87.3      105    40    4.9 11.3   22
    -------------------------------------------------------------------------
    CRE024
     sand-
     stone  37.5  55.5     18     0.2    0.8        1    44    0.6  0.6  0.5
            55.5  73.5     18     0.3    1.2        2    62    0.9  0.8    1
            73.5  91.5     18     0.3    1.8        1    61    0.6  0.7  0.5
            91.5 109.5     18     0.3    2.7        1    61    0.9  0.6  0.5
           109.5 127.5     18     0.4      2        1    64    0.6  0.9  0.5
           127.5 145.5     18     1.8    1.2        2    44    0.5  1.7  0.5
           145.5 163.5     18     0.5    0.9        2    39    0.4  1.5  0.5
           163.5 181.5     18     0.5    0.9        2    32    0.7  2.4  0.5
           181.5 199.5     18     0.6    1.6        4    36    2.6  3.4    4
           199.5 217.5     18     0.4    0.6        3    39    0.5  1.3  0.5
           217.5 235.5     18     0.5    1.4        3    51    1.8  3.3    3
           235.5 253.5     18     0.4    1.5        3    56    1.2  4.1    1
           253.5 271.5     18     0.6    3.9        5    64      2  2.3    3
    Anoma-
     lous                  20
     zone  271.5 291.5 metres     1.9   11.4       14   157    3.7  2.1    2
    -------------------------------------------------------------------------
    CRE025
     sand-
     stone  76.5  94.5     18     0.3    1.7        1    47      2  1.8    2
            94.5 112.5     18     0.3    2.9        1    60    0.9  1.2    1
           112.5 130.5     18     0.4    2.8        2    62    0.6  1.3    1
           130.5 148.5     18     0.3    2.5        1    58    0.6  0.8  0.5
           148.5 166.5     18     0.6    2.4        3    60    0.7  1.4  0.5
           166.5 184.5     18     0.8      3        4    54    1.1  2.4    1
           184.5 202.5     18     0.7    2.2        5    55      1  1.6    1
    Anoma-
     lous                  18
     zone  202.5 220.5 metres     1.5    1.9        4    84    0.9  1.5  0.5
    Anoma-
     lous                  18
     zone  220.5 238.5 metres       2    2.9        6   565    0.8  2.4    4
    Anoma-
     lous                  18
     zone  238.5 256.5 metres     1.8      2        4   319    0.9  1.4  0.5
    Anoma-
     lous                  10
     zone  256.5 266.5 metres     2.5   18.4       13   439    0.8    2    2
    -------------------------------------------------------------------------
    CRE026
     sand-
     stone  46.5  64.5     18     0.3    0.9        1    43    0.5  0.7    1
            64.5  82.5     18     0.3    1.1        1    33    0.5  0.7    1
            82.5 100.5     18     0.3    1.8        2    42    0.3  0.8  0.5
           100.5 118.5     18     0.3    3.2        1    55    0.4  0.8  0.5
           118.5 136.5     18     0.3    2.8        1    66    0.4  0.6  0.5
           136.5 154.5     18     0.4    3.3        3    69    0.6  0.9    1
           154.5 172.5     18     0.4    1.5        3    47    0.2  1.6  0.5
           172.5 190.5     18     0.7    1.6        3    49    0.7  1.6  0.5
           190.5 208.5     18     0.5    1.2        3    47    0.3  1.5  0.5
           208.5 226.5     18     0.4      1        1    64    0.4  1.8  0.5
           226.5 244.5     18     0.5    0.5        3    49    0.5  1.8  0.5
           244.5 258.5     14     0.8    1.8        6   136    0.3  2.4  0.5
    Anoma-
     lous                  11
     zone  258.5 269.5 metres     2.8   12.5       19    82      1  3.8    4
    -------------------------------------------------------------------------
    CRE027
     sand-
     stone  64.5  82.5     18     0.3    1.4        1    50    0.8  0.7    1
            82.5 100.5     18     0.5    2.4        1    54    0.6 21.9  0.5
           100.5 118.5     18     0.4    3.5        1    86    0.8  0.8  0.5
           118.5 136.5     18     0.4    2.3        1    58    0.7  0.8  0.5
           136.5 154.5     18     0.3    1.4        2    57    0.7  1.3  0.5
           154.5 172.5     18     0.5    1.3        3    46    0.6  1.4  0.5
           172.5 190.5     18     0.5    0.8        3    43    0.6  1.2  0.5
           190.5 208.5     18     0.5    1.5        1    48    0.5  1.2  0.5
           208.5 226.5     18     0.6      1        3   128    0.5  1.3  0.5
    Anoma-
     lous                  19
     zone  226.5 245.5 metres     1.5    2.3        6   311    0.7  1.6  0.5
    Anoma-
     lous                  19
     zone  245.5 264.5 metres     2.6    9.4        6   740    0.7  6.2    1
    -------------------------------------------------------------------------
    CRE028
     sand-
     stone  47.5  65.5     18     0.2    0.8        1    41    0.2  0.9  0.5
            65.5  83.5     18     0.2    0.5        1    48    0.2  1.1  0.5
            83.5 101.5     18     0.2    0.5        1    55    0.2  0.7  0.5
           101.5 119.5     18     0.2    0.7        1    49   0.05  0.9  0.5
           119.5 137.5     18     0.2    1.1        1    39    0.2 30.1  0.5
           137.5 155.5     18     0.3    2.7        1    40    0.1  0.9  0.5
           155.5 173.5     18     0.4    2.8        2    49    0.2  0.8  0.5
           173.5 191.5     18     0.3      2        1    48   0.05  0.7  0.5
           191.5 209.5     18     0.5    1.3        2    47    0.2  1.3  0.5
           209.5 227.5     18     0.4      1        1    40    0.3  1.5  0.5
           227.5 245.5     18     0.4    0.7        3    45    0.7  1.4  0.5
           245.5 263.5     18     0.3    0.6        1    38    0.4  1.6  0.5
           263.5 281.5     18     0.4    0.6        2    29    0.6  1.1  0.5
           281.5 299.5     18     0.4    0.9        1    73    0.4  1.3  0.5
           299.5 317.5     18     0.4    0.7        1    85    0.2  0.9  0.5
           317.5 335.5     18     0.4    0.7        1   402    0.6    1  0.5
    Anoma-
     lous                  17
     zone  335.5 352.5 metres       1    1.2        5   153    0.4    1  0.5
    -------------------------------------------------------------------------
    

    In summary, fifteen drill holes were completed on five target areas in
the winter season. Thirteen of these drill holes have anomalous geochemistry
in the last 10 to 60 metres of the sandstone unit overlying the basement.
Eleven of the holes have uranium and nickel geochemistry exhibiting over five
times background values (up to 24.5ppm and 87.3 ppm) respectively.
    The Company is very pleased with current operations and is fully-funded
for the summer-fall 2009 exploration programs through its joint venture
partnerships and from current treasury. The assay results from the winter
drill programs at the West McArthur project, partnered with Mitsubishi
Development Pty and the Black Lake project are still awaited from the
laboratories. Additional drilling will be carried out at Black Lake following
the opening of access roads in mid-May.
    All of the samples from the Cree East 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.
    In other matters, the Board of Directors and members of its Compensation
Committee have approved, subject to regulatory acceptance, the issuance of
2,330,000 incentive stock options to directors, officers, employees, advisors
and consultants of CanAlaska. The exercise price of the options will be
established at a 25% premium to today's market closing price of the common
shares and are exercisable for a period of five years and shall include twelve
month vesting provisions.

    About CanAlaska Uranium Ltd. -- www.canalaska.com

    CANALASKA URANIUM LTD. (CVV -- TSX.V, CVVUF -- OTCBB, DH7 -- Frankfurt)
is undertaking uranium exploration in twenty 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$50 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. A Memorandum of Understanding has also recently
been executed with mining partner East Resources Inc. to commence exploration
on the NE Wollaston Project comprising a potential 100,000 metres of drill
testing.

    
    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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CanAlaska Uranium Ltd.

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