CanAlaska Uranium Ltd. - Uranium Projects - Moon

Moon

Moon

Location

This project is comprised of two mineral claims covering 4280 ha lying approximately midway between the McArthur River and Key Lake mines, and just west of the Key-McArthur road. The claim block is approximately 8 km east-southeast of the Millenium uranium deposit.

Geology

The project lies within the Athabasca basin with depths to the unconformity between 580 -- 330 metres. The basement is Wollaston domain, which is metamorphosed Lower Proterozoic (Trans-Hudson) sediments (psammites and pelites) and reworked Archean gneisses. The cover is the flat-lying Athabasca group sandstones and conglomerates.

Exploration

The property has been part of several previous exploration projects during the late 1970's and early 1980's, during which geochemical and geophysical prospecting by SMDC (later Cameco) was carried out, but very little physical exploration was carried out on the CanAlaska claim area. There has been drilling to the east and west of the proeprty. Numerous boulder trains have been located to the immediate west and north of the property, while to the east, there is major conductor which, in 2009 was drilled by Denison Mines, and high grade uncoinformity style mineralization was intercepted (Wheeler River Project) .

Potential

The potential of this project is for unconformity style Uranium mineralization of both the Simple (Low REE, basement hosted) and the Complex ( High REE, Sandstone hosted) types of Uranium deposits. The discovery of the Millennium deposit to the west in 2000, and the Wheeler River Phoenix discovery to the east, both indicate the potential for this region. Previous geophysics have defined numerous structures and conductors both to the west and to the north of the project area. In winter 2005, CanAlaska flew a Megatemtm survey over the property. In addition to confirming the integrity of the previous geophysical interpretations, it sharply defined the zones of known conductivity.