CanAlaska Shareholder Update
MPVC COMMENCES DRILLING AT NW MANITOBA URANIUM PROJECT
Kelowna, Canada — 14th May 2014 — MPVC Inc. (TSXV : UNO) (“MPVC”, the “Company”) is pleased to report that drilling has commenced at the Company’s Northwest Manitoba Uranium project which was recently optioned from CanAlaska Uranium Limited.
A diamond drill rig has commenced drilling at the Maguire Lake focus area within the Company’s Northwest Manitoba project. The drill is targeting anomalies generated by the geophysical (magnetic, electromagnetic, gravity and radiometric), geochemical (AlphaTrack and RadonEx) and prospecting programs. Initially, targets beneath the lake are being tested while winter conditions exist.
In addition, a rotary air blast drill rig is now being mobilized to site. This drill will be focussed on rapidly testing shallow targets.
Ground Gravity Survey
MPVC has now received the results of the ground gravity survey designed to connect the three previously collected blocks of gravity data. This survey has tied together the existing surveys well and has not only extended previously identified gravity lows thought to potentially reflect alteration zones associated with uranium mineralizing fluids but has also discovered new gravity lows.
The technical information and results reported here have been reviewed by Chad Ulansky, PGeol, a qualified person under National Instrument 43-101, who is responsible for the technical content of this release.
Dr. Charles Fipke
For more information visit www.canalaska.com
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 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release: CUSIP# 13708P 10 2. This news release contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.