June 17, 2015 Northern Uranium Commences Summer Drill Program at NW Manitoba
CanAlaska News Release - June 17 2015
Vancouver, British Columbia, June 17, 2015 -- CanAlaska Uranium Ltd. "the Company"(TSX-V:
DH7N) is pleased to report that Northern Uranium has
commenced its summer drill program at Maguire Lake utilizing two
large core drills.
One drill is testing the extension of the newly discovered 100
metre wide by 300 metre strike length hydrothermal alteration
zone beneath Maguire Lake. This zone is open both along strike
and to depth and is characterized by intense clay-hematite
alteration with elevated uranium values as determined by down
hole gamma probing. Unconformity style uranium mineralization
within the Athabasca Basin is associated with these hydrothermal
The second drill is targeting another gravity low with a
sympathetic resistivity low and RadonEx radon-in-water anomaly
adjacent to the shore of the lake.
Dr. Karl Schimann, PhD, P.Geo, is the qualified technical person
responsible for this news release.
The Company has granted to a consultant an incentive stock
option to acquire up to 50,000 common shares in the capital of
the Company at a price of $0.175 for a two year period.
About CanAlaska Uranium
CanAlaska Uranium Ltd. (TSX-V:
DH7N) holds interests in approximately 770,000
hectares (1.9 million acres), one of the largest land positions
in Canada's Athabasca Basin region -- the "Saudi Arabia of
Uranium". CanAlaska's strategic holdings has attracted major
international mining companies Mitsubishi, KORES and KEPCO as
partners at its core projects. CanAlaska is a Project Generator
and is positioned for discovery success in the world's richest
uranium district. For further information, visit
On behalf of the Board of Directors
Peter Dasler, P. Geo.,
President & CEO
Peter Dasler, President and CEO.
Tel: +1.604.688.3211 x318
The TSX-V has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release:
CUSIP# 13708P 10 2.
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Company's business disclosed under the heading "Risk Factors" in
its Annual Report on Form 20-F filed with the SEC on August 29,
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online at www.sec.gov. Although the Company has attempted to
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