CanAlaska Uranium Ltd






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Patterson

Location

Vancouver, Canada, January 17th, 2013 - CanAlaska announced its acquisition of three claim groups, totaling 6,687 ha, located in the Patterson Lake area of the western Athabasca basin, Saskatchewan. The claims were competitively staked on the first day of Saskatchewan's new map-based claim staking in December 2012, and are shown in the attached figure. An option agreement was signed with Makena Resources Inc in August 2013.

Geology

The West block straddles the Athabasca Basin edge and the basement is at 130 to 200m, below Cretaceous and Recent sediments. The Eastern Block is within the Basin; unconformity is at 350 to 400m. The Northern block is also within the Basin with unconformity at 180 to 350m

Exploration

A VTEMmax airborne survey was flown in January 2014 and multiple conductive zones were mapped in the western block, now called the Patterson West project. In November 2015, drilling started to test an intense 1.5 km by 0.5 km gravity anomaly situated along a major geological domain boundary.

 

Potential

The Patterson property has the potential for the discovery of uranium deposits similar to the Patterson Lake South (PLS) deposit of Fission Uranium Corp or the new Arrow discovery of NexGen Energy Ltd.

The Qualified Person for this overview is Peter Dasler. More detailed exploration information is available in the News Summary below.

Dec 16, 2015 Exploration Update - Basement Radioactivity Encountered at Patterson West
Nov 27, 2015 CanAlaska: Drilling to Commence at Patterson West, Current Financing Postponed
April 13, 2015 Strong Gravity Anomaly Discovered at Patterson West Uranium Project
April 9, 2015 Intense 1.5 km long by 0.5 km anomaly uncovered on Patterson Uranium Prospect in the Athabasca Basin with immediate drilling planned
March 11, 2015 Makena Commences next phase of operations on its Patterson Uranium Prospect
March 9, 2015 Makena Amends Patterson Option Agreement ​
February 19, 2015 Makena uncovers significant gravity low on its Patterson Lake Uranium Prospect
February 2, 2015 Makena Commences Work on Patterson Uranium Project in the Athabasca Basin
January 21, 2015 Makena Retains MWH for the next phase of its Patterson Uranium Work Program

July 16, 2014

Next Phase of Operations on Patterson Uranium Property, Athabasca Basin to Commence Shortly

June 13, 2014

Makena Commences Operations on Patterson Uranium Property in the Athabasca Basin

February 14, 2014

Makena Encounters Multiple Conductive Anomalies on Patterson Uranium Prospect

January 15, 2014

Makena Commences VTEM Max Survey on Uranium Prospects in the Athabasca Basin

November 28, 2013

Makena retains Aeroquest for VTEM Max Survey on Uranium Prospects in the Athabasca Basin

September 20, 2013

Makena Receives Approval for Athabasca Uranium Prospect Bordering the Patterson Lake South Discovery

August 29, 2013

Makena Acquires Athabasca Uranium Prospect Bordering the Patterson Lake South Discovery

January 17, 2013

CanAlaska Acquires Patterson Claims