Excerpted from Financial Post
The Athabasca Basin in Northern Saskatchewan hosts some of the richest uranium deposits in the world. A fact Peter Dasler, the New Zealand born, CEO of CanAlaska Uranium (V.CVV) was well aware of in 2004 when the company started exploration in the Athabasca.
“We were aware of new imaging technology which let us look deeper. Anglo American had developed the technology which essentially ran a loop of wire around the whole of a DC-3 aircraft and turned it into a giant metal detector. That technology was further improved and we were able to fly the target area with a Dash 8. We flew our ground right beside the Cameco Mc Arthur River mine and we were able to look 900 metres underground.” said Dasler.