The project area covers 26.824 hectares of land and lake covered areas on the northern edge of Lake Athabasca, to the southeast of Uranium City. It is contiguous with CanAlaska's Athabasca, Helmer and Fond Du Lac Projects. Access is by boat during the summer and the lake supports ground based exploration in the winter.
The area covers the edge of the Athabasca Basin metamorphosed basement supracrustal rocks and granites to the North. Mapping of magnetic and electromagnetic data has interpreted several major structures and basement conductive units associated with graphitic/sulphidic bearing horizons.
Airborne geophysical surveys were performed in the 1970's, however there is no record of significant follow up work. In addition to the nearby Uranium City mines, there are also two other mineralised areas. Mining occurred immediately west of the property at the Box Mine (Au) and at Nicholson Bay and Fish Hook Bay (U, Ni, PGE).
CanAlaska's initial exploration plans were focused on VTEM airborne survey targets and correlation with detailed seismic surveying on Lake Athahabsca. Ground mapping and rock sampling onshore have identified significant surface showings of uranium and precious metals. Some of these showings are related to the metal enriched sulphidic horizons mapped by the VTEM survey. There is strong structural control associated with other mineralised areas. The airborne surveys and ground mapping have highlighted the more significant structures. Multiple drill targets exist across the project. Channel rock samples collected from mineralised veins and sulphide rich zones during the summer of 2009 provided high gold and PGE values in addition to high uranium.
The area is complex and there is potential for various types of uranium (and precious metals) deposits: unconformity type uranium deposits, Beaverlodge vein uranium deposits, and uranium deposits associated with sodium metasomatism like at the
The Qualified Person for this overview is Peter Dasler. More detailed exploration information is available in the News Summary above.