VANCOUVER, Oct. 1 /CNW/ - CanAlaska Uranium Ltd. (TSX.V - CVV)
("CanAlaska" or the "Company") is very pleased to announce the addition of Mr.
John Kowalchuk as Regional Exploration Manager to the Company's uranium
exploration team operating in Saskatchewan, Manitoba and Alberta. Based in
Saskatchewan, John will oversee and direct the Company's exploration staff
from CanAlaska's Field Office in Saskatoon.
JOHN KOWALCHUK B.Sc., P.Geo.
John Kowalchuk is a seasoned geologist, possessing more than 38 years of
mineral exploration experience with both senior and junior mining companies
working in Canada, US, Mexico and Chile. He was District Geologist for Placer
Dome for over 6 years and was instrumental in the discovery of several
world-class mineral deposits in Canada including the Howard's Pass SEDEX Zn-Pb
deposit on the Yukon/NWT border and the Kerr Copper Gold Deposit at Sulphurets
Dr Karl Schimann, CanAlaska's Vice President of Exploration, commented:
"John has an excellent skill set and reputation, and has a firm grasp of
CanAlaska's exploration programs in the Athabasca. His wide ranging experience
and success with mineral exploration comes at an opportune time for CanAlaska,
which, backed by its international strategic partners, is expanding its
exploration programs and preparing to drill-test highly-prospective targets
where it has encountered exploration success."
President Peter Dasler, commented: "John is an excellent fit for our
aggressive exploration team, and a great mentor for the group of young
geologists who have performed the "legwork" for our projects over the past
four years. We are very pleased to be able to add him to our team, and believe
we will be more successful as a result. Our mission statement is To find one
or more giant unconformity-style deposits in the Athabasca Basin, and John is
the right person to help our team make this happen.
Our summer exploration programs have been very successful. We have been
able to indicate long drill intersections of uranium mineralization at Fond du
Lac, (25 metres @ 0.08% U(3)O(8), and 26.18 metres @ 0.122% U(3)O(8) and new
adjacent sandstone hosted and basement targets) and we are awaiting assay
results from drilling at Cree East, and field sampling at the Grease River and
Poplar Projects. John's considerable skills will further build on this
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
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: email@example.com