First holes to target 400 metre (quarter mile)
High-grade nickel in historical drillholes
Vancouver, Canada, February 5, 2019 -- CanAlaska Uranium Ltd.
DH7N)) ("CanAlaska" or the "Company")
reports that drill testing of the Manibridge high-grade nickel
zone, in the Thompson Nickel Belt ("TNB") Manitoba, has begun.
As previously reported on 14 January 2019, the 400 metre long
Manibridge high-grade nickel zone shows a significant
concentration of nickel within a broad fold structure that
appears to extend to depth. This high-grade zone of nickel
mineralization lies within a 1,200 metre long zone of
semi-continuous, high-tenor nickel mineralization. This zone
extends north from the past-producing Manibridge nickel mine.
The objectives of the 1,100 metre drilling
program will be to test the nickel mineralization grade,
thickness, continuity and geological controls, and to test a
newly identified geophysical target. Two of the best historical
intersections from this 400 metre zone were 12.1 metres of 1.46%
Ni in hole W50-130 and 2.6 metres of 3.05% Ni, in hole W50-124.
The planned drilling area is shown on the accompanying figure.
Further data is available on the Company's website
CanAlaska President Peter Dasler comments, "we
have a series of projects underway for 2019. The Manibridge
project has already generated significant third-party interest,
and as a Project Generator we are preparing it for future sale.
Our key objective for 2019 is to significantly extend the West
McArthur uranium project discoveries".
About CanAlaska Uranium
CanAlaska Uranium Ltd. (TSX-V: CVV;
holds interests in approximately 152,000 hectares (375,000
acres), in Canada's Athabasca Basin -- the "Saudi Arabia of
Uranium." CanAlaska's strategic holdings have attracted major
international mining companies. CanAlaska is currently working
with Cameco and Denison at two of the Company's properties in
the Eastern Athabasca Basin. CanAlaska is a project generator
positioned for discovery success in the world's richest uranium
district. The Company also holds properties prospective for
nickel, copper, gold and diamonds..
For further information visit
The qualified technical person for this news release is Dr Karl
Schimann, P. Geo, CanAlaska director and VP Exploration.
behalf of the Board of Directors
Peter Dasler, P. Geo.,
President & CEO
Peter Dasler, President and CEO.
Tel: +1.604.688.3211 x318
Cory Belyk, COO
Tel: +1.604.688.3211 x 306
Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
All statements included in this press release that address
activities, events or developments that the Company expects,
believes or anticipates will or may occur in the future are
forward-looking statements. These forward-looking statements
involve numerous assumptions made by the Company based on its
experience, perception of historical trends, current conditions,
expected future developments and other factors it believes are
appropriate in the circumstances. In addition, these statements
involve substantial known and unknown risks and uncertainties
that contribute to the possibility that the predictions,
forecasts, projections and other forward-looking statements will
prove inaccurate, certain of which are beyond the Company's
control. Readers should not place undue reliance on
forward-looking statements. Except as required by law, the
Company does not intend to revise or update these
forward-looking statements after the date hereof or revise them
to reflect the occurrence of future unanticipated events.